XAUUSD Outlook 7/8/23 Im still bullish, heres why 📈
Good evening GOLD GANG! how the devil are ya? ... hope you had a great weekend and are ready to go once again into the realms of market manipulation with me
NFP news last week was a good one, first shooting price down, where most analysts were thinking .. bearish. Which probably triggered lots of sell orders .. however .. we booped my level to the PIP and shot skywards 200 pips almost to come inline with where ive been saying for the last couple of weeks .. following a bullish trend.
Im bullish because the higher time frame .. monthly .. is still bullish respecting trend and structure nicely, as is the dxy following bearish structure and trend nicely.
Im expecting a bullish week.
Buys and sells are both on the charts along with reversal points .. if you're new here .. my buy and sell zones are there because once price closes in those areas on the 1h or 30m .. it tends to move up to the target level. Its part of the algo trading theory i employ.
Have a great evening gang! follow along and dont miss the updates!
catch you in london
tommyXAU
NFP news last week was a good one, first shooting price down, where most analysts were thinking .. bearish. Which probably triggered lots of sell orders .. however .. we booped my level to the PIP and shot skywards 200 pips almost to come inline with where ive been saying for the last couple of weeks .. following a bullish trend.
Im bullish because the higher time frame .. monthly .. is still bullish respecting trend and structure nicely, as is the dxy following bearish structure and trend nicely.
Im expecting a bullish week.
Buys and sells are both on the charts along with reversal points .. if you're new here .. my buy and sell zones are there because once price closes in those areas on the 1h or 30m .. it tends to move up to the target level. Its part of the algo trading theory i employ.
Have a great evening gang! follow along and dont miss the updates!
catch you in london
tommyXAU
Comment:
reversals are running currently .. ive also updated the buy positions for NY
