[Week 07 - 2021] Trades Recap and Trade Setups

Hi Traders,

Risk on euphoria continues to spur the market on with both crude oil and US stock indices reaching new highs, closing off the week with good gains. Bitcoin has also been a hot topic as more institution buying takes place. Tread carefully and do not FOMO.

Dollar Index (DXY)

The dollar skid lower after having a fake break out and potentially looks to head back towards the 90.06 zone of support.

Spot Gold (XAU/USD)