XauUsd- Don’t sell into this rally!!!!!!!

Since Monday I have written that Gold is ready for a reversal and we’ll probably have a test of 1930 zone resistance.
After 3 attempts of a new low blocked by bulls just under 1890, XauUsd finally exploded to the upside yesterday, breaking above 1905 minor resistance.
After the intraday high towards 1920, Gold corrected before NY close.
Overnight bulls took control once again and now we are back at 1920.
Technically speaking, XauUsd is bullish at this moment, trading above the descending channel resistance (the channel drawn since the beginning of August) and above the 1905-1910 horizontal resistance.
In my opinion, 1930 will be tested soon, and is very risky at this moment to try to sell into a potential correction, instead, buy dips should be the strategy.
To resume:

• XauUsd is bullish
• Buy dips with a focus on 1910
• Negation under 1900
• Target 1930

GbpUsd- Break of range to set direction

Since the beginning of August, GbpUsd has been trading in a tight 150 pips range (a narrow range for a pair like GbpUsd).
Yesterday’s price action left a nice bullish Pin Bar on our chart which could indicate gains going further. However, for this we need confirmation and this comes with a break above 1.28. In such an instance, the pair could test the important 1.3 figure.
On the other hand, a break under 1.26 would expose 1.24.
I usually don’t write analyses like this: “if it breaks resistance is going up, if it breaks support is going down”. I made one in the GbpUsd case because, after one month of consolidation, the break of the range could set the direction for the next period and this pair is, for sure, one to keep a close eye on at this moment.

Dxy- What’s up with US Dollar?

In my previous DXY analysis, I wrote that, after the false break from mid-July, USD most probably reversed to the upside, and there are clear signs of this:

1. After the false break we have a strong bullish engulfing candle that confirms the old support (green rectangle)
2. Long-tailed Pin Bar candle that confirms the break above the falling trend line (red rectangle)

At this moment, the index is testing a horizontal resistance and yesterday we had a reversal candle.
In my opinion, this candle is not signaling reversal but, in the best case, a minor correction.
This correction should be considered a good chance to search for selling opportunities for USD pairs and my main focus is on EurUsd and AudUsd