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Gold and USDCHF signal potential safe haven trades today

by Neville Hornsey
29 October 2021
in Forex
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Yesterday was a big down day for the US dollar and later this afternoon we have data that could once again give the greenback some volatility. The ActivTrader sentiment indicator is signalling further downside in the USDCHF so I am looking for reasons to short the US dollar versus going long safe havens like the Swiss franc and Gold.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

1:06 EUR/CHF

1:27 USD/CHF

2:33 GOLD

Tags: DXYGOLDSwiss FrancUS DollarXAUUSD
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