XAUUSD - Pinpoint accuracy and NY outlook Good afternoon gold gang!!
Got the full TP of 100 pips to the absolute TEE!! well done whoever took this on my analysis .. gold gang members for life
Ok new york session we have a news folder a little later on so price may consolidate around the red line, if not buys above with a min 30m closure for a 40 pip target.
Sells for the pull back are on too on the flip of the 4hr candle.
Im happy to sit out and watch as ive hit my pip target for the week and then some!
Please leave a like and a follow to be a part of gold gang!!
TommyXAU
Xauusdsignals
XAUUSD ( High Probability SELL & BUY Setups SOON )* Here we can see clearly the next coming moves for Gold coming hours, days & weeks,
* The price of Gold has come under some pressure in the recent weeks due to the strengthening USD ( DXY ),
* However, the USD has recently given back some of its gains causing the price of Gold to rally into the resistance level,
* The price of Gold is likely to continue to trade lower if the data out of the US forces the Federal Reserve to hike rates more aggressively or for longer, If the price trades through the support of $1800.00 we could expect a continuation lower,
* Currently this week the price has retraced some of its losses from last week finding support at the key lows of $1805.00. Price has since rallied into the key resistance highs around $184600,
* Looking at the H4 chart we can see a Double Top Pattern ( M ) forming which could signal a reversal trading opportunities for those looking to SELL xauusd,
*T he price on the chart has traded through multiple technical levels and some observations included:
* Price has recently found support at $1805.00.
* The higher time frame analysis suggests the price should continue lower.
* The H4 chart looks to be forming a Double Top Pattern ( M ) signalling a reversal.
* A break of the neckline of the pattern could invite selling pressure.
* Keep a close eye on XAUUSD ( GOLD ) today & coming days,
* Happy pip hunting traders.
* FX KILLA.
XAUUSD - Don't get caught in the death zone!Good evening gold gang!
wow, boring day for gold today stuck in the death zone!
Death zone is a solid range with no breaks in both sessions. These ranges are designed to take retail traders money away from them. STAY AWAY.
I stayed disciplined, set alerts and waited for strong candle closes outside the range which never came. There is always tomorrow.
As for asian, a close below and a flip of the 4hr/daily will see nice sells down but first, we have to break out of this crap.
Catch you tomorrow for london, if any of you get the breakout in asia, let me know in the comments as ill be asleep!
TommyXAU
XAUUSD Trades im looking for todayGood morning gold gang! how the devil are you
OK, DXY is still respecting bullish levels, which should mean sells bias on gold .. but im staying open.
Ive drawn up my levels on the chart .. the first sells are quite a small range of 35 pips so better sells would be below my white line.
buys above 1837 level with a tp1 target and runners to be held.
Happy trading guys .. leave me a comment if you have any questions on my analysis
see you in NY
tommy
XAUUSD adapted to buys in New York session Good evening gold gang! Hope you’re well
So gold decided to push up throughout the day with only a small retracement. My bias was initially bearish expecting the pull back but i quickly changed to bullish during pre and New York sessions.
My first trade was a scalp sell faking out my level and shooting down. Very common move on XAUUSD. Ill do an educational post on fake outs soon.
Sea one was the forecasted close above .. 15m candle close above the level and jump in for the ride. Ran 50 pips but I closed in full around 40.
I hope you guys enjoy my scalping forecasts and they are helping you on your own trading journey. Please follow along and leave a like.
Asian session, the 4hr candle has closed above the level indicating a bullish session. If the candle was to flip, then it will be sells to anticipate the pull back
Have a good evening gang
Tommy
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 - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful.
But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week.
Anyway we expect that GOLD will go UP to 1959 LEVEL. Before that, GOLD may go down to the 1785 level with the FOMC UPDATE. Be careful..
XAUUSD closed above the 4H MA50, first time since Feb 02!Gold (XAUUSD) is having the first major bullish break-out since it started its aggressive collapse on the February 02 top, as it closed a 4H candle today above the 4H MA50 (blue trend-line) for the first time since the top!
By doing so it also broke above the Falling Wedge pattern of the past two weeks and with the 4H RSI on Higher Lows (i.e. a Bullish Divergence), and this is a legitimate bullish reversal formation.
As the 1W MA50 (yellow trend-line) formed the bottom, it is advised to buy initially the pull-backs to the 1H MA50 (red trend-line) and target the upper Fibonacci levels systematically. We will do this until the price approached the 4H MA200 (orange trend-line), potentially within the 0.382 - 0.5 Fib Zone and then re-evaluate.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
XAUUSD short term Tuesday 29.02.2023
XAUUSD tests bearish trend channel
S/R zone is also tested
Volume profile only moderately positive
new sell opportunity?
Gold drifts lower as dollar rises. Inflation is rising, the labor market remains tight, and the Fed may raise rates. The XAU/USD slipped to its lowest level since 2023 and fell near $1,800
Surprisingly good inflation data from France and Spain.
Expectations for a 50 basis point rate hike by the ECB.
Gold (XAUUSD): Time To Sell 🟡
Gold is retesting a recently broken structure.
The price has nicely respected a confluence point based on the underlined resistance and 618 retracement of the last bearish impulse.
As the extra confirmation, the price formed a double top pattern.
I expect a bearish move to 1808 / 1801
❤️Please, support my work with like, thank you!❤️
XAUUSD - Another perfect analysis! wow good afternoon gold gang ... another day ANOTHER spot on analysis.
Gold pulled back to the area to the TEEEEE .. id now like to see some bearish action to fall back inline with the trend.
If you're not following me, hit that button. Gold analysis is my speciality!
Back this evening for your asian outlook
your friend,
Tommy
XAUUSD 1H SELL PROJECTIONReason Behind teh XAUUSD/GOLD Fall
1. RSI 14 Below 50 which tends the bearish trend in 1H time frame
2. Stochastic oscillator is overbought and ready to move down which confirm teh fall again
3. Strongly breaked 1820 which is last week low which pushes lower to teh montly Low oof 1800
Over Possible Outcomes
XAUUSD SELL @ 1813.70
Sl 1920
tp 1800
XAUUSD BEARISH CONTINUATION 26.02.23Reason Behind Bearish Continuation
1. Breaked the strong Support & trendline support @ 1830
2.Fundamentally DXY get strongger and moving towards 109
3. Retest Zone 1830
Gold will likely Fall to 1800 on the next week Opening and later Moves Over teh last week Support which is resistance Now @ 1830
Overall Possible Outcomes
SELL LIMIT @ 1830
SL 1860
TP 1725
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
XAUUSD Major Support Cluster approaching. Strong buy.Gold (XAUUSD) is about to test the 1W MA50 (yellow trend-line) after breaking the 0.382 Fibonacci retracement level. Following the sell signal we gave last week, with the 4H MA50 (red trend-line) as Resistance/ entry point, we are starting to turn bullish on Gold after a long time.
The 1D RSI is very close to the 30.000 oversold barrier and that is our first buy entry. The last two times the 1D RSI breached that oversold territory, Gold rallied by +7.08% and +7.47% respectively, reaching the 1D MA50 (blue trend-line) on both occasions. If the 1W MA50 breaks, our second buy entry will be on the huge Support Cluster consisting of the 1D MA100 (green trend-line), the 1D MA200 (orange trend-line), the 0.5 Fibonacci retracement level and Support Zone 1.
On the short term we are targeting the 1D MA50. If we close a candle above it, we will re-buy and target 1935 (if the low is in today) or 1900 (if the rebound starts lower). In both cases this represents a +7.00% rise.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
XAUUSD | New perspective | follow-up detailsAfter scooping a 7,000 pips profit from our previous analysis (see link below for reference purposes); the yellow metal posted its third weekly loss as price action drops into the $1,800 zone (where it started the year) clinging to a "strong support" where buying pressure was observed on Friday. With price action stuck at the mid-$1,800 level, Participants will be faced with the dilemma of discerning possible direction amid calls by Federal Reserve officials for sharper rate hikes. This video illustrates from a technical standpoint what we shall be looking out for in the coming week.
00:49 Reference to last week's daily commentaries and results
05:20 XAUUSD Technical analysis on Daily chart
10:30 Macroeconomic events to look out for the week
11:35 XAUUSD Technical analysis on 4H Timeframe
12:04 Conclusion on next week's expectation on XAUUSD
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XAUUSD analysis played out againGood evening gold gang! i hope you had a good trading day
Gold broke below my level i marked this afternoon with some force following the news. I managed to take an impulsive move just before which got me 30 pips .. result!!
I did say wait for the retest but i decided to jump straight in and ride the wave baby!
The rest of the session was very messy to be honest. Tomorrow is a new day and hopefully the price action will be better.
Congrats anyone who took that move as analysed earlier.
Catch you later for an asian session outlook
TommyXAU
XAUUSD hit my level perfectly Good evening gold gang!
Ok gold finally broke out after the news to my downside target at hit it to the tee!! *chefs kiss* ... price broke below and provided me with my entry to take the short.
I exited full at 1:1.2 rr as price is outside my trading times so im happy to pinch some profits.
Im happy with my analysis and execution on this one. Im hopeful we will get some nice movement again after most of the Week consolidating.
My asian outlook should see price moving down now to my next level. DXY is also strong so we should see a volume filled Asia session.
if you enjoyed this, please leave a like and follow for more updates.
Tommy
XAUUSD trade stopped at BEGood afternoon gold gang
the trade i took from london was stopped at break even, but managed to bank some partials as i always do.
Moving into NY im looking for a reaction at the 1838.49 level. A strong close above would indicate bullish moves to the upside
A wick rejection and close below would mean we going back down to my original target of 1827.65
Either way, im ready. News coming up .. so lets see what we get!
Tommy
XAUUSD Deep pullback in NYGood evening gold gang! Another amazing week on the charts.
As predicted this morning, gold did pull back after the nyse open but smashed through my target zone and made its way to my next level marked in red. I took a loss trying to grab the buys as price consolidated for a couple of hours before blasting off.
There was an entry above the top red level, but was too late in the session for me.
Ill be back Monday for more pin point scalping on my beloved XAUUSD. Until then, have a great weekend. If you are a new trader, or even experienced, don’t forget to get a little back testing in to keep you sharp in between the beer.
TommyXAU
XAUUSD | New perspective | follow-up detailsThe $1,860 level held price strongly "supported" while participants in this market await next week's U.S. inflation data that could influence the Fed's rates policy. Last week's trading session was characterized by a consolidation phase as price action was caught within the $1,880 and $1,860 range to pronounce the indecision at this juncture in the market. This video illustrates the technical perspective as we anticipate trading opportunities off the breakout or breakdown of the channel in the coming week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XAUUSD - Another perfect analysis Good morning gold gang .. tommy did it again! lol
Asia saw that nice drop to the major level and broke through indicating lower prices. As i said yesterday id like to see a pull back in NY.
Im currently in this trade shown .. perfect boop retest from the major level and entered on the close. Stops currently at break even with a small partial taken. ALWAYS TAKE PROFITS GUYS!!
Catch you in NY .. happy trading. Don't forget to follow along for more.
Tommy