What is up gold gang! hope you had a great day in the sells!
The reason for taking them was: ..
Price was at my level
Price made a strong move up to touch it
15m rejection candle
Entered on the break of the candle. Simple.
We had a bit of news that helped the market move in our favour and it ended up running 200 pips. My classic entry model was there too a little later on. Congrats if you got in!
Tomorrow we had JP chatting his usual waffle, so we will get some volume around that time! In the mean time im expecting a pull back to at least 50 percent of the move from today. Price has closed very bearish underneath all the wicks from the previous month worth of price action. A pull back would be likely at this point.
Buys, sells and reversal points are all on the charts awaiting your gaze. 1930 is a problem area in the sells, if you like you could wait for a close below there. The buys are very choppy .. so be careful up there, stay frosty with the risk management.
Thanks for reading guys .. please hit the like and boost button for me! and follow along to be constantly updated on xauusd
tommyXAU