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.

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catch you in london

tommyXAU

Comment:

Nice respect of the major level there .. lower time frames there would have been a trade in there

Comment:

Buys activated!! .. price broke and closed in the zone, and is now floating nicely in profit. nice