Point Of Concern & Trade Carefully
• Now my main concern here is Dollar Index.
• Last week or last to last week I had already shared my concern that how can dollar index & metals like GOLD & Silver moves in same direction.
• And my this concern will remains open as the fear of rising DXY is still there, so who so ever is trading GOLD & Silver keep this point in mind if we get a sudden rise in Dollar Index above 106$ than current formation which showing up move in GOLD & Silver can fail also.
• So keeping this concern in mind trade your gold & silver position and manage the risk accordingly.
• Now my main concern here is Dollar Index.
• Last week or last to last week I had already shared my concern that how can dollar index & metals like GOLD & Silver moves in same direction.
• And my this concern will remains open as the fear of rising DXY is still there, so who so ever is trading GOLD & Silver keep this point in mind if we get a sudden rise in Dollar Index above 106$ than current formation which showing up move in GOLD & Silver can fail also.
• So keeping this concern in mind trade your gold & silver position and manage the risk accordingly.
