XAUUSD 20/4/23 Outlook. My reasons for being bullish
Good evening gold gang! hope you have had a good day and caught the sells with us. Beautiful analysis.
Ok on to tomorrows out look .. firstly news, we have unemployment claims tomorrow in NY .. so dont be surprised if gold consolidates the key price point for a while. Speaking of which .. if you look on the daily, we have not closed below that point all week .. just rejection upon rejection. This says to me that we still could go up again .. and the news tomorrow maybe the catalyst required for us to do so .. stay tuned!
I have my sell price placed at 1983 with the target at 1973 areas .. nice clean traffic there for price to plunge down should it do so
buys above the messy range at 2012 area with a target of 2021. If price were to rocket up with news, then i will update during the day of any new targets we can look for
Thats it for tomorrows outlook .. thank you all for the follows and likes on my work. Im happy im being of service.
Please like and follow along for more xauusd updates
tommyXAU
Ok on to tomorrows out look .. firstly news, we have unemployment claims tomorrow in NY .. so dont be surprised if gold consolidates the key price point for a while. Speaking of which .. if you look on the daily, we have not closed below that point all week .. just rejection upon rejection. This says to me that we still could go up again .. and the news tomorrow maybe the catalyst required for us to do so .. stay tuned!
I have my sell price placed at 1983 with the target at 1973 areas .. nice clean traffic there for price to plunge down should it do so
buys above the messy range at 2012 area with a target of 2021. If price were to rocket up with news, then i will update during the day of any new targets we can look for
Thats it for tomorrows outlook .. thank you all for the follows and likes on my work. Im happy im being of service.
Please like and follow along for more xauusd updates
tommyXAU
Comment:
GM gold gang! .. price hugging the 1993 key level as suspected. Lets see if we get some volume in london.
Comment:
Happy with the bullish price action so far .. still no trades as im waiting for news. Lets see if we get the push.
Comment:
updated sell positions in case the daily flips