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XAUUSD Trade Plan for July Using DXY as Confirmation
video Today I’m going to show you exactly how I’m trading XAUUSD. I’ll discuss the current range for gold, and the key levels that will trigger a breakout in the coming days. I’ll also share targets for that breakout and how the US Dollar Index (DXY) can help confirm the next big move from gold. XAUUSD is pulling back today after nearly testing the $1,940 resistance area on Wednesday. While gold remains range bound, the upcoming break, either below $1,900 or above $1,940, could offer a favorable opportunity. If you saw last week’s XAUUSD video, you know why $1,900 is significant. This week, we saw a ... (full story)