XAUUSD 17/5/23 Outlook. We caught the sells!
Good evening gold gang its that time again!
A great day today catching the sells for 100 pips in the NY session, great execution on the 30m close inside the zone and ran perfectly to target. Gold has now closed in the 1980s, what i said in the sunday night outlook.
Ok on to tomorrows outlook .. a large drop today will require a pull back of some sort .. we are hovering the 1993 key level once again so id like to see that respected to move down but if not .. we could come up higher to the buy zone. The reason for it being high is to avoid fakeouts.
The sells are tricky as the zone to the left is very messy with 4h wicks all over it .. remember to use tight risk management in the sell zone to avoid getting spiked out.
No major news tomorrow so we could potentially see a low volume day, but the trade today is more than enough for the week (as long as you can keep it lol)
Well done to everyone who caught the sells today, follow me for constant updates on my trades.
smash the boost button and ill catch you tomorrow morning in the london session
tommyXAU
A great day today catching the sells for 100 pips in the NY session, great execution on the 30m close inside the zone and ran perfectly to target. Gold has now closed in the 1980s, what i said in the sunday night outlook.
Ok on to tomorrows outlook .. a large drop today will require a pull back of some sort .. we are hovering the 1993 key level once again so id like to see that respected to move down but if not .. we could come up higher to the buy zone. The reason for it being high is to avoid fakeouts.
The sells are tricky as the zone to the left is very messy with 4h wicks all over it .. remember to use tight risk management in the sell zone to avoid getting spiked out.
No major news tomorrow so we could potentially see a low volume day, but the trade today is more than enough for the week (as long as you can keep it lol)
Well done to everyone who caught the sells today, follow me for constant updates on my trades.
smash the boost button and ill catch you tomorrow morning in the london session
tommyXAU
Comment:
Sell zone respected for a pull back .. breaking into the zone now is higher probability for sells once closed inside. Patience gang!
Comment:
updated buy zones
Comment:
another banger that was cut short as per the analysis. The zone to the left was very messy so small profits taken and banked. Well done anyone who got in .. another beast.