XAUUSD 21/4/23 Outlook & the daily death range
Updated
Good evening gold gang! hope you have all had a good trading day.
Nothing from me today as my ranges didnt get broken, but my bullish analysis was spot on. Few traders messaged me with winning trades and thats awesome.
What do we have tomorrow then, ok first thing to note is the news. Its a late one so im hoping for some volume in asian and london .. NY is likely to range for a bit.
Lets talk about the range .. if you go on the daily time frame .. you will see that the last 3 days have all opened and closed in the same area .. albeit left wicks .. ive not seen this for a long time and im hopeful we get a break out of the range tomorrow or during the news. Thats why the range is a no trade zone .. there will be too much dealing going on. Wait for the clear breaks in my zones marked up.
Direction is gonna be tough to gauge as the candles are the same .. so keep frosty and be prepared for whichever side we pop out of.
Ive placed a couple of additional targets on there incase we do get some volume and direction. A word about my targets .. i dont hold full positions to targets .. i always take profits on the way. Don't be a hero .. take what the market gives you and leave runners.
Please like and hit the follow button .. im here everyday bringing you super accurate gold analysis and its amazing when people message me telling me they have made money.
catch you tomorrow morning gold gang
tommyXAU
Nothing from me today as my ranges didnt get broken, but my bullish analysis was spot on. Few traders messaged me with winning trades and thats awesome.
What do we have tomorrow then, ok first thing to note is the news. Its a late one so im hoping for some volume in asian and london .. NY is likely to range for a bit.
Lets talk about the range .. if you go on the daily time frame .. you will see that the last 3 days have all opened and closed in the same area .. albeit left wicks .. ive not seen this for a long time and im hopeful we get a break out of the range tomorrow or during the news. Thats why the range is a no trade zone .. there will be too much dealing going on. Wait for the clear breaks in my zones marked up.
Direction is gonna be tough to gauge as the candles are the same .. so keep frosty and be prepared for whichever side we pop out of.
Ive placed a couple of additional targets on there incase we do get some volume and direction. A word about my targets .. i dont hold full positions to targets .. i always take profits on the way. Don't be a hero .. take what the market gives you and leave runners.
Please like and hit the follow button .. im here everyday bringing you super accurate gold analysis and its amazing when people message me telling me they have made money.
catch you tomorrow morning gold gang
tommyXAU
Note
This is the daily range i spoke about in my outlook. Look at those candles sat there in uniform. Note
perfect sells this morning in london as planned ... wow!!! and where did it stop? .. boop. right at target. A great end to a slow week! Well done to those who took it Note
Ok gold gang! this wraps up another excellent week on the charts. Thank you all for the likes and follows, i appreciate it. Catch you this weekend for an educational post. Have a beer for me! tommyXAU
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