Gold breaks down on dollar rally

Currencies weakened against a strong dollar today. I was positioned short AUDUSD and EURUSD on Friday close.

Very happy that the scenario I foresaw happened and I was well positioned. However still missed out on Gold due to lack of margin (or guts).

Around evening UTC+8, the dollar was correcting, AUD EUR strengthening, then Gold started descending more rapidly. It was Gold’s turn.

https://www.tradingview.com/chart/XAUUSD/TmGKNZJZ-Gold-breaks-down-amidst/

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