A-FX Gold&DXY Daily analysis 17.07.2019

Yesterday we saw aggressive Bullish DXY. The market hit our Resistance zone and DXY still is in consolidation. We will look for continue consolidating.

Our important levels are:

  • Expect Bullish move from Support Zone 1 -> 96.70
  • Expect Bullish move from Support Zone 2 -> 96.26
  • Expect Bearish move from Resistance Zone 1 -> 97.20
  • Expect Bearish move from Resistance Zone 2 -> 98.00

Yesterday Gold decline and now we expect the XAU/USD to hit our support zone before the potential bullish move. We are still bullish at Gold and we expect a big move in the next days.

You can learn more in our A-FX Daily analysis video

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