XAUUSD - MARKET OVERVIEW
XAUUSD followed our prediction perfectly and dipped lower into the 1800s which we have been expecting for a while now. XAUUSD can dip further from here and with the FED HIKE RATE only 3 days away with anticipated 50 bias points a crash can be expected. Dipping will be hard and low to have a quick pullback from the bullish move which has been taking place for many months. DXY will influence gold but DXY seemed to be priced in for the hike rate so it should fall after the dust has settled and XAUUSD should rise again.
With a global recession around the corner a perfect chance to buy the asset could present itself. My long term target and new ATH is 2183-87. I will be looking to trade after the hike rate once the dust has settled.
Make sure you're using the link below to follow us closely!
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Pip count this week 💰🏆 +1035 pips
WTI SHORT / 74 pips ✅
GBPUSD LONG / -26 pips ❌
WTI SHORT / 185 pips ✅
WTI SHORT / -10 pips ❌
GOLD BUY / 70 pips ✅
GOLD SELL / 170 pips ✅
WTI SHORT / 200 pips ✅
GOLD SELL / -30 pips ❌
GBPUSD SELL / 67 pips ✅
GOLD SELL / 30 pips ✅
WTI SHORT / 60 pips ✅
WTI SHORT / 130 pips ✅
GBPUSD SELL / -30 pips ❌
GBPUSD SELL / -15 pips ❌
WTI SELL / -70 pips ❌
WTI BUY / 100 pips ✅
GBPUSD SELL / 20 pips ✅
GOLD SELL / 110 pips ✅
18 trades taken
12 wins ✅
6 losses ❌
66% win rate
XAUUSD followed our prediction perfectly and dipped lower into the 1800s which we have been expecting for a while now. XAUUSD can dip further from here and with the FED HIKE RATE only 3 days away with anticipated 50 bias points a crash can be expected. Dipping will be hard and low to have a quick pullback from the bullish move which has been taking place for many months. DXY will influence gold but DXY seemed to be priced in for the hike rate so it should fall after the dust has settled and XAUUSD should rise again.
With a global recession around the corner a perfect chance to buy the asset could present itself. My long term target and new ATH is 2183-87. I will be looking to trade after the hike rate once the dust has settled.
Make sure you're using the link below to follow us closely!
-----------------------------------------------------------------------
Pip count this week 💰🏆 +1035 pips
WTI SHORT / 74 pips ✅
GBPUSD LONG / -26 pips ❌
WTI SHORT / 185 pips ✅
WTI SHORT / -10 pips ❌
GOLD BUY / 70 pips ✅
GOLD SELL / 170 pips ✅
WTI SHORT / 200 pips ✅
GOLD SELL / -30 pips ❌
GBPUSD SELL / 67 pips ✅
GOLD SELL / 30 pips ✅
WTI SHORT / 60 pips ✅
WTI SHORT / 130 pips ✅
GBPUSD SELL / -30 pips ❌
GBPUSD SELL / -15 pips ❌
WTI SELL / -70 pips ❌
WTI BUY / 100 pips ✅
GBPUSD SELL / 20 pips ✅
GOLD SELL / 110 pips ✅
18 trades taken
12 wins ✅
6 losses ❌
66% win rate
