Gold Analysis 8-25 Price has pushed back into previous weeks price. Thursday gold took out Mon-Wed Lows and
into last Friday the 16th of August. Now doing the creepy trend back up. Quiet day for
Monday so anything can happen. CPI on Tuesday so that will be interesting. Price can either try to break the highs and make new ones or target sell side liquidity around 2469.00. Will see what London/NY session will do on Monday.
Check out my profile for more info.
Good Luck .
Plan . Plan. Execute.
risk management #1
Goldgang
Gold Analysis 8_21 Gold has turned bearish and news helped pushed price down . Dollar gaining some strength
and reaching previous days high. Price has taken all the lows of the week and into last Friday.
We could see it touch weekly low but a lot of bearish pressure is in the market.
I'm really focusing on gold now I'm trying to watch it and gain a feel for it more. So far its
rewarding and a learning experience. lol
Looking to see a rally back up to a zone then push back down towards sell side liquidity areound 2451.00
I'm a seller by nature so I'm able to see those much easier. I took my profits and watching the rest until London/NY session.
Follow me for more info.
Risk Mngt #1
XAUUSD All eyes on the open! big news!! Good evening gold gang, its that time once again ... market open. THIS TIME its different with big news coming from the war and president Biden pulling out of the race .. its gonna get spicy this week
Price finished up last week and the weekly support so technicals are pointing bullish .. war news bullish too but Biden news will be good for dollar i would imagine so that would be bearish for gold
there is a nice 4h zone below current price right now which may get tapped at the open in order to buy from but that will be shown at the open at 11pm uk time
im expecting a bullish week! .. but as usual we just react to current price in session and take the crumbs the big boys leave behind
lets have a monster week like we did last week gold gang
hit the like button if you BELIEVE
catch you in london
tommy
XAUUSD 2069 algo level to be hit today whats up gang!! last day of the trading year for me .. and im coming in with a bold statement!
i believe the algo level 2069.83 gets tapped today ... its a major level for institutions and i think they gonna be selling into the new year from there.
Nice strong move up in asian session .. the one i was looking for all day yesterday .. and now sat at the algo waiting for the next move
Lets see if im right!!
Ive had a great year gang i hope you have too .. Chatting to you on here and providing my analysis has been an honour and im so glad im impacting lives across the world
lets repeat in 2024!!
Have a great festive period if you celebrate and be with your families!
catch you in ... 2024!
tommy
XAUUSD pull back time? Good evening gold gang! .. a great day on the charts today with lots of small wins scattered through the sessions and an absolute perfect analysis from last night too .. thats what we like to see!
Price looking very bearish currently trapping buyers looking for that 2000 level .. id be happy to take sells on a restest to come down to the 60 algo
from there though id want to see buys once again to follow the trend set by the conflict
Bounce buys from the bottom algo would be amazing! ... lets see where asia drops us
thanks for all the follows! i would love to hit 2000 by the end of the year .. help me make that so!
catch you in london
tommy
XAUUSD NY session outlook (fakeout)What is good gold gang!!
Asia provided not much volume but price moved down to my level and broke below giving us the sell opportunity. I personally jumped out at 18 pips as price was reacting to a zone to the left that could prove it to be a fakeout.
This was correct and the fakeout buys became available after my trading hours .. beautiful break and close above the level. Clean.
My buy and sells levels are still the same for this session .. new 4hr candle opens at 13.00 gmt lets see where that will drop us .. im looking for buys above the previous flip.
A zone above the level is marked out as a problem area so watch out .. its 50 pips away from the level but could provide a strong reversal.
All levels and targets are marked on the charts as usual . please like and follow along for constant xauusd updates
tommy
XAUUSD Range bound price going into NYGood afternoon Gold Gang! ... quick one
Ok we saw small sells after trading hours in london for then to reverse up back into the range .. we have no clear direction on price as yet
Ive placed a new sell zone beneath the 4hr for a 50 pip range to the next level. Buys remain the same.
Sit on your hands time!! this is the hardest part of trading .. but we get paid to wait!
Please like and follow along for more xauusd updates
tommy
XAUUSD Asia Pre London buys?Good evening gold gang! hope you are well
Monster sells in london this morning woowwww .. called them last night and to see them play out was poetry
Nothing in NY for me, the big move was over. I wasnt interested in catching buys at all .. always follow the current short term trend with gold. Thats a tip for ya.
Ok the daily has made a massive wick from the bottom level indicating its had enough of the downside for now .. this could see price moving up in asia pre london .. so ive marked my levels for buys
watch out for that strong rejection area ive marked on the upside .. price could jump back from it and take you out .. use tight risk management.
Sells are also on but below the previous 4hrs .. target is posted there too (next banking level)
Happy trading guys .. catch you tomorrow for ldn .. like and follow for daily gold trading ideas
tommyXAU
XAUUSD 2000 level still strong and perfect sells What is up gold gang!! hope you are all well on this friday evening here in london.
The 2003 level i have remained very strong and price reacted bearish from it .. causing a nice drop in to our sells zone. I personally did not take them as it was outside of my trading hours unfortunately. Text book break of zone and enter on flip .. tommy special.
That concludes another week on my beloved gold. Caught some pips and had some laughs. Now its time to relax with a well earned beer!
Ill be back on this weekend with an educational post. Until then .. cheers.
Oh and thanks for all the likes and follows this week im nearly at 500 gold gang members on here!
tommyXAU
XAUUSD Beware the death zone!!Good afternoon gold gang!
Rangey day as predicted awaiting the news. This is where traders get caught out!!
Do not trade the death range!! I call it death range as its designed to destroy newbie traders expecting it to break. DO NOT DO THIS
wait for the news and some clear direction.
Ill be back on later on for the news announcement .. until then .. PATIENCE!! its so simple but so hard to do.
Leave a like and follow for more XAUUSD goodness
tommy
XAUUSD Target destroyed. Good morning gold gang! hope you are well on this gloomy london morning.
Asian session saw little volume not breaking any of my zones .. so for those watching last night, it must have been slow.
Pre london saw a little false breakout of our zone before shooting up for buys. My entries are always on the break of the previous .. so no activation. I took a small buy on the fakeout but was out very quickly as these are not my favourite types of trade to take. I am constantly working on ways to make them easier for me to take.
The sells came on the open and absolutely smashed through to the target area and booped it perfectly as usual.
Congrats to anyone who took the trade on my analysis .. some serious pips there!!
ill be back this afternoon for the NY outlook .. until then, go outside, take a walk or something. Trading is about freedom! dont be glued to the screens.
Tommy
XAUUSD Asian Session Outlook Good evening gold gang!
another amazing day on the charts with my targets getting smashed in all 3 sessions .. precision!
Ok lets have a look what can happen during asia. The first thing to note is the 4 x 4hr candles have failed to close below 1974.29 which makes this a very strong level. An attack on it with an hourly candle close below can signify a move down .. so my sells are below that level.
to break the high of the previous 2 candles would mean buys to be taken above 1984.00 with a possible run on the 2000s once more.
Both targets are there but NEVER BE GREEDY!! gold is a wild beast that can only be tamed by taking profits and moving to break even quickly.
The current range we are in is a no trade range .. dont be tempted.
Catch you in the morning for london .. please leave a like and follow along for more xauusd goodness
your mate
tommyXAU
XAUUSD perfect buys!! target met.Good afternoon gold gang!! hope you are well
What a week (again) for the gold price. We have had some amazing moves this week with my analysis playing out to the tee.
In asian there were beautiful buys up to the target area that was met by london. I then forecast the pre ny buys in the minds section of trading view which met target to the tee.
The reason for entering is always 1hr/30m candle closure outside of the zone .. wait for retest and go. Trading is simple guys, dont over complicate with indicators .. take it from me who tried everything when learning.
No more trades for me now after bagging hundreds of pips this week .. its beer time!! you know me
Have a great weekend! ill be back this weekend with some educational posts.
tommyXAU
XAUUSD No trade range!!!Good evening gold gang!
well cpi didnt provide us with tonnes of volume! weird. I managed to get the small scalp on the strong down move with a 15m candle close but other than that .. price has ranged as i thought it might (see previous analysis)
Asian session .. my trade levels remain the same. Im looking to take the breaks above and below the range. No clear direction as yet. DO NOT trade the range, its too risky.
Thanks again for all the love on my posts. Im very much enjoying it as trading is a pretty lonely game .. and chatting to you guys and sharing my ideas is keeping the spark alive for me.
Catch you for London session.
tommyXAU
XAUUSD Another winner!! Whats up gold gang .. hope you have had a good trading day
After the initial bias of sells was not to be .. (failure to close beneath the range) .. my bias switched to bullish.
I forecasted buys in 2 places .. one was a risky/aggressive move with a smaller range and one was the ideal play. Both played out perfectly and hit my designated target to the tee.
100 pips gained!! .. What a way to end the month.
Asia session im unsure of at this time .. i would expect a small pull back to start with but im going to wait for the new monthly candle to form a little.
See you all tomorrow .. follow along for more analysis on my beloved XAUUSD
Tommy
XAUUSD Pin point accuracy Good afternoon gold gang!!!! wow .. what can i say?! another perfect analysis
Got the sells below and rode them to the target which hit to the tee!! .. love to see it
tops off another amazing week on the charts and its also amazing to see my analysis coming to life day after day.
If you took any trades based on my analysis .. jump in the comments below and let me give you a virtual high five.
Ill post some educational content this weekend for you so follow along!!
enjoy some beers!
tommyxau