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XAUUSD Outlook 5/7/23 FOMC timeWhat's up gold gang! Hope you are enjoying the holiday in the USA. The birth of george washington or something i dunno. Meanwhile on the gold chart, nothing happened today until late on where we got a reversal from the level. Very small but it was a little treat after a boring day of no volume. Ok for tomorrow .. we got a couple news folders finally including fomc minutes. So im looking forward to some action tomorrow during london and ny. We are riding a trend line currently on gold which looks like it could get broken for price to move down to the next zone .. however i would like to see price make that top wick on the monthly in order to start the move down as forecast at the beginning of the month. buys and sells are on the charts including reversal points. If you are new to my way of trading, i look for clean breaks below or above my levels .. a wick in the opposite direction and i execute. Simple. As trading should be. I update my trades during the day, so hit that follow so you wont miss out when i update. Thanks guys catch you in london! tommy
OANDA:XAUUSD
by tommyXAU
9
GOLD (XAUUSD): Ahead of FOMC 🥇 Traders, don't forget that we are expecting FOMC during the middle of the NY session. Here is my technical outlook for Gold and potential scenarios. Bullish Outlook Trading in a bearish trend, the market is currently testing a wide horizontal supply zone. 1925 - 1940 are its exact boundaries. I will be bullish on Gold if the price breaks and closes above that entire area on a daily. A bullish continuation will be expected to 1957 then Bearish Outlook Analyzing 4H time frame, I spotted inside bar formation 1919.5 - 1920.0 is its lower boundary. If the price breaks and closes below that on 4H, I will expect a bearish continuation to 1911. Wait for a breakout and follow the market then. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
3
XAUUSD Outlook 4/7/23 Top wick made on the dailyGood evening gold gang .. hope you are all well and caught the buys with us today! very nice using the classic strategy. tomorrow is US bank holiday! which, under my new trading rules, i won't be trading. Ill be watching the charts on and off during the day but won't be actively trading due to lack of volume. The daily has closed with a huge wick respecting the previous resistance showing me that we are still bearish overall. When i get a bias in mind, im not married to it. I like to trade both ways but i manage risk differently counter trend as its riskier. Buys and sells are on the charts .. sells a little lower than the level to account for the structure there .. the zone is very clean under there too. Thank you for all your follows and likes! means a lot catch you tomorrow gold gang! Your mate Tommy
OANDA:XAUUSD
by tommyXAU
14
XAUUSD Outlook 3/7/23 This could be an aggressive month 📉Good evening gold gang! .. hope you have had a rested weekend and ready to attack once more. OK we have a bearish closure below recent support on the monthly! this is interesting as the range below is super clean to push down. I don't give price predictions as anything could happen in the world at any point which will move gold in any direction. So i just stick to the sessions in front of me. Im looking forward to a news packed week including NFP on friday. Tuesday is a bank holiday in the USA and i will not be trading it. Buys and sells are on the charts .. buys are counter trend so are nicely tucked away incase of any pesky fakeouts. Sweet rejection from an inner level there which could cause price to move down during asian session. Sells im favouring and they are on the charts along with reversal points. If you're not already PLEASE follow along so you don't miss any updates! and like the post catch you in london tommyXAU
OANDA:XAUUSD
by tommyXAU
5
GOLD (XAUUSD): Top-Down Analysis & Confirmed Bullish Reversal 🥇 Gold formed a morning star pattern on a daily time frame. The formation consists of 3 candles: Bearish candle, Doji candle with a rejection from the downside, Strong bullish candle. That formation signifies a highly probable bullish continuation next week. 4H time frame gives a very nice confirmation with inverted head and shoulders pattern. I will expect growth at least to 1930. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
9
XAUUSD Outlook 29/6/23 We got the break out finally 📉Good evening gold gang!! Hope you had a good day and caught the counter trend buys i called. Lovely level respect. OK i cant believe im writing this, but we actually broke out of the range, and retested it. A summer miracle. This is great news for us as we can now get some clear direction finally. DXY has also broken its downtrend with a strong push to the upside today target my next level. This can mean xauusd moves to the downside inline with the STRONG monthly bearish candle. The weekly candle has a very clean range to fill with its own target of the 1872 area, lets see if we push down there before the end of the month! some nice red folders tomorrow including powell speech at 7.30 my time? how can that be right thats 3am eastern .. anyways lets see if that moves the london session Buys and sells are on the charts for asian session. Remember to manage risk accordingly. The way i do it is break even quickly (after 15 pips appx) especially in uncertain times like we are in PLEASE like and follow me .. i love getting dms and comments .. it gives me something to do as its pretty lonely being a trader sometimes lol catch you in london tommyXAU
OANDA:XAUUSD
by tommyXAU
3
XAUUSD Outlook 28/6/23 back into the range 🥲Whats up guys!! hope you all had a good one even though it was frustrating again!! .. we cannot get out of this range seemingly! Price seems to be hugging my monthly level marked in white .. it must be very important as we keep breaking away and coming back to it very quickly. Even the news today could not shift it. Lets hope jerome can get us out tomorrow afternoon. The green box marks last weeks low .. if you look on the weekly chart, you will see a very clean candle to the left just waiting to get filled .. we have closed on the daily very bearish, so could see this coming down tomorrow during the meeting. buys and sells are marked up as usual with reversal points. I look for 5min engulfing candles when looking for reversals. I wrote on another platform today the importance of sticking with your edge even in tough market conditions, this is happening right now. Even though im not getting my usual wins, im sticking to my plan and riding the storm. Please like and follow along for constant XAUUSD updates have a great evening wherever you are tommy
OANDA:XAUUSD
by tommyXAU
12
XAUUSD Outlook 27/6/23 i'm not trading these days anymoreGood evening gold gang! hope you survived another day in the range! I have taken the decision to finally stop trading none news days. The volume just is not there and we are prone to fake outs, much like bank holidays. So i'm going to just stop trading them, and i suggest you do too! I started off in london with a perfect breakout to be faked out in an area where price had no business turning around, launching upwards in line with the dxy down trend. It happens! .. then my sell stop was not activated in NY due to lack of volume, so overall a frustrating day in the xauusd markets. Onto tomorrow!! we have some lovely news folders all day tomorrow that should shift us hopefully out of this range we have lived in for the last 4 days. buys and sells are on as per yesterday .. the sells are better around the green box and the buys are certainly choppy but with volume, should sail through. If you have the same experience as me with no news folder days being frustrating, leave me a comment or a dm. Id love to hear other than that .. follow along for constant updates on my trades and leave a like .. it means a lot catch you tomorrow in london tommyXAU
OANDA:XAUUSD
by tommyXAU
2
XAUUSD Outlook 26/6/23 nothing to report ... 🥲What is up gold gang, hope you are well and rested, ready to smash gold with me once again. We made some beautiful pips last week, let's get a repeat this week and finish it in the blue. XAUUSD right now is in a very sloppy range where there is no direction on price from the HTF or the DXY. We need some candles to play out in the coming sessions to get us back into a trend. No news tomorrow too so that could get tricky! Price is still hovering at my monthly level, respected it beautifully but failed to break the 1934. We need price to break out of this range of 1934 to 1914 to see some nice trending markets once again. Im confident we will see it moving again this summer. Buy, Sell and reversal points are on the charts for you to take a note of. Sells will be better below the green zone if you want to play it safe. Buys should be straight forward too but we need the magic V word in order to take them .. (VOLUME!) Thats the best part of trading to me, is the fact that the markets are never the same year after year, and we have to adapt to what they give us. I love this game! Ok guys, see you in london session! Please like, follow and boost to keep up to date with my XAUUSD trades as they happen. tommy
OANDA:XAUUSD
by tommyXAU
8
XAUUSD: Today with PMIThe price of gold (XAU/USD) faced selling pressure around $1,917.50 during the European session. After a brief decline, the precious metal is expected to drop further to an intraday low at $1,910.00. The sell-off in gold was triggered by the positive performance of the US Dollar Index (DXY). S&P500 futures have extended the significant losses seen in the Asian markets to Europe, reflecting a risk-off sentiment. There are concerns about global growth prospects as central banks continue to tighten their policies, raising fears of a recession.
OANDA:XAUUSDShort
by Sphyn-Trader
19
XAUUSD Outlook 23/6/23 ... I was wrong Good evening gold gang! Hope you are well and caught the sells with me today. I was wrong!! .. we never got the pull back. Gold had its own ideas and chose violence today pushing down to the key monthly level. The last time we saw this level was march, and we started a push up from here. Lets see what we get tomorrow! DXY still in the downwards channel that has now reached its high .. so im still expecting the pull back, it may just be a day late lol Sells have a clean weekly candle to fill should be get them activated .. will be a strong move for sure. Buys, that im favouring, are a little choppy with plenty of wicks on the hourly. Be aware and only enter at peak volume times around the opens. A note to say its ok to be wrong in the markets, there are plenty on social media as a whole that claim they are never wrong .. that is a fabrication. This game involves loss, constantly. Its up to you how you deal with them. Sometimes the market just does what it wants .. nothing we can do about it! Move on to the next .. thats how i view losses in my 4 year career. Ok gang, please follow me if you are not already .. im the realest trader on this platform sharing what i know for free! .. hit me a like too while you're there! see you in london your mate Tommy
OANDA:XAUUSD
by tommyXAU
17
XAUUSD Outlook 22/6/23. Im bullish and here's whyGood evening gold gang! another great day on the XAUUSD chart with targets met. I couldn't get in a trade other than a small scalp this morning as the stop losses were too big, but the analysis was correct again .. which is always a bonus. The HTF and DXY tell me that gold is ready to pull back. We have a huge 4hr rejection and dxy has closed with no bottom wick indicating it wants to push down, so ill be looking for buys tomorrow in london and ny. I have set my levels for buys and sells .. the buy level is very clean and should not hit much traffic if we get a close in there .. sells we have the 1920 level with some traffic so make sure you manage risk around there to save getting stopped. Please, if you're not already .. follow along for constant XAUUSD updates and hit the like button, i love seeing that my work is appreciated and i hope im helping you guys on your trading journeys. catch you in london tommyXAU
OANDA:XAUUSD
by tommyXAU
5
XAUUSD Outlook 21/6/23 See how i caught the sells 📉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
OANDA:XAUUSD
by tommyXAU
5
XAUUSD Outlook 20/6/23 Where is the volume? 🔊Good evening gold gang! WELL DONE to everyone who caught the reversal buys in london, perfection. Price came down, tapped the level to the pip and after a little consolidation, broke away and provided us with an entry to go long for 30 pips. Lovely work. NY session was a little flat as expected. Sells were there with a difficult entry point but ran for appx 50 pips. Bank holidays are the worst lol Onto tomorrows session, firstly, no USD news. Which is going to effect us. So stay frosty!! buy zones, sell zones and reversal points are all on the chart for you to work with. DXY making higher highs looking to fill the imbalance left, so im expecting some downside for gold in the sessions coming up, but as usual, we're ready for whatever happens. Im glad to be back writing these for you guys, i really look forward to them. Like and follow along if you're not already for more XAUUSD updates have a great evening and session, see you in london tommy
OANDA:XAUUSD
by tommyXAU
4
Gold Detailed Trading Signals!Gold Looking at the daily line, gold has weakened the support at the bottom of the downtrend. A close above the trendline at the top of the pennant (around 1967) would be a sign of strength. Gold Looking at the 4-hour line, gold prices are in a two-week-old falling wedge-shaped bullish technical formation. A bullish crossover on the MACD indicator and a U-shaped reversal in the relative strength index (RSI) from oversold territory added strength to gold's recovery hopes. The 200-period exponential moving average (EMA) adds strength to the upper edge of the wedge, making it harder for gold to cross the 1968 barrier. On the whole, it is recommended to treat more shocks in the evening gold operation! Gold night operation strategy: Long and single strategy: 1958-1956 long, stop loss 1949, target around 1970; Short order strategy: 1970-1972 short, stop loss 1978, target around 1959.
FOREXCOM:XAUUSDLong
by K-linesound
1