A-FX Gold&DXY Daily analysis 24.07.2019

Yesterday we saw aggressive bullish DXY. This is 3th bullish day for USD. Today we expect to see some retracement down or at least consolidation

Our important levels are:

  • Expect Bullish move from Support Zone 1 -> 96.86
  • Expect Bullish move from Support Zone 2 -> 96.53
  • Expect Bullish move from Support Zone 3 -> 95.70
  • Expect Bearish move from Resistance Zone 1 -> 97.45
  • Expect Bearish move from Resistance Zone 2 -> 98.00

We are still looking for an opportunity to take long orders in XAU/USD (Gold) but we want to see a deeper retracement.

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