GOLD (XAUUSD) Important Key Levels & Your Trading Plan 🥇
Gold suddenly bounced on Friday, forming a high momentum bullish candle on a daily.
The market closed on a key horizontal daily resistance.
Bullish breakout - a daily candle close above 2088 will indicate a further bullish continuation.
Wait for a confirmed breakout to buy.
Alternatively, we may see a pullback from the underlined structure.
I will monitor a price action on Monday and look for a confirmation to catch a pullback trade.
Let's see how it unfolds!
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Goldtrader
XAUUSD ALL TIME HIGH THIS WEEK 📈Good evening gold gang ... wow its really just straight bullish action
Theres nothing we can do but wait for the best time to buy for the final 300 pips to all time high
The 2 best buy zones are on the chart .. i believe we should hit ATH before NFP friday
Until then ... lets just watch the carnage unfold as fellow retailers fomo in the buys to push us up .. where ill be waiting for those long term shorts.
Stay tuned!
catch you in london
tommy
XAUUSD All time high attack?! heres my buy zonegood evening gold gang .. we are back for another week and an attack on all time highs!
A massive expansion on friday means we are sat very high up near ATH with not much data to go off .. so we need to wait for some structure to form
i will need price to come down to the 2050 before i can buy back in to take it up to the highs.
Selling ill need that 4h to close and retest
Its going to be a patience game this monday and see if we get an opportunity to buy or not!
If it flies .. so be it! we will catch it on the way down
like and follow for more updates
catch you in london
tommy
XAUUSD We need this breakout to come! Good morning gold gang ... what a great day yesterday was taking our first loss of the week followed by a recovery and profitable trade to keep us in the blue once again
today we are still stuck in this terrible range! ... waiting for news to push us out so we can trend once again. Now is not the time to get frustrated .. cool heads required for us to be able to execute when needed
Im seeing nothing but algo bounces at the moment as its too messy to attempt much at this current time
ALGO bounces for me i enter within 10 pips of the level and scalp 20-30 pips from them
Other than that .. we have to wait!!
like, follow and boost this post! ... cactch you in london
T
GOLD (XAUUSD): Technical Outlook & Important Things to Watch 🥇
Gold remains very weak for 2 weeks.
Analysing a daily time frame, we can see that the market is consolidating and trading
within a very narrow range.
The last 4 daily candles are even trading within the range of a strong bullish candle.
That is a perfect example of inside bar formation.
Depending on the reaction of the price to the boundaries of that range,
I see 2 potential scenarios.
If the price breaks and closes below a 2015 level - the support of the range,
for us, it will be a strong bearish confirmation.
A bearish continuation will be expected at least to 1992 level then.
Alternatively, bullish breakout of 2044 will be a strong bullish signal,
that will push the prices at least to 2054.
Following my previous analysis, I remain bearish biased on Gold and bearish scenario
is more highly probable, but let's see.
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XAUUSD Will we ever break this range?! Whats up gang!!! another profitable day but wowwww was it boring .. price stuck the range again .. we need a breakout soon!
Price levels same as yesterday as we didnt move today at all .. hoping to get to one of the major zones here for a buy or a sell .. not bothered which at this point lol
hit the like if you got in with us today!
catch you in london
tommy
XAUUSD Did you see the accuracy of the buys? Good evening gold gang .. what an amazing day .. i know i say that a lot .. the accuracy on those buys in NY session was just insane having marked it up last night for it to react so strongly!
Did you get in with us?
All in all we are still in the weird range with no clear direction .. im still bearish overall looking for big sells but we keep coming back up into the range to cut them short, so im catching buys too
Price respecting trend down currently but my best sells are at the top algo .. so i have to wait .. above that is a major daily zone too so thats one to watch as price may just miss the algo and go for that
2025 must be cleared before continuation sells can be taken too
buys at the bottom algo
all in it will be a lets see whats happening day tomorrow with major news in the NY should shift us
until then .. hit follow!
catch you in london
tommy
XAUUSD Im Still Bearish! heres why .... Good evening gold gang! its that time once again where the madness starts and we get into some action in the gold markets
Last week we closed above the key level of 2015 with bullish intent .. but with no major news coming from the warzone, i dont think we can stay bullish.
Id have to see price break 2040s area to confirm bullish
Im looking for sells and the best spot for me is algo 2050. I wanna see price head up there .. take liquidity and sink down to the depths of heck
buying from 2025 area if we start off with a liquidity grab
Lets let the sessions play out and make an informed decision from then
like follow and boost for the algo!
catch you in london
tommy
GOLD (XAUUSD): Support & Resistance Levels For Next Week 🥇
Here is my latest structure analysis for Gold.
Horizontal Structures:
Resistance 1: 2054 - 2065 area
Resistance 2: 2077 - 2088 area
Resistance 3: 2142 - 2148 area
Support 1: 1984 - 1992 area
Support 2: 1965 - 1977 area
Support 3: 1932 - 1938 area
Vertical Structures:
Vertical Resistance 1: Rising trend line
Consider these structures for pullback/breakout trading next week.
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XAUUSD Missed the buys, caught the sells for 50 pips Good evening gold gang and i hope you are well! A great day on the charts today catching lovely sells after a strong push up to the sell zone algo in asian and london.
Reason for not taking buys .. no opportunity to get in .. you can only get in at the optimal zones .. not while price is pushing.
Tomorrow id like to take buys, but i need price to come down to an algo first. The 2021 is higher risk as its close and has been touched .. but still valid. Use small risk if you are.
Better buys would be 2012 for me
Sells im not looking for currently unless we break all current levels.
Lets see what tomorrow brings as usual and REACT NOT PREDICT
write that down .. its important
catch you in london
tommy
XAUUSD Slow price but we got the sells! Good evening gold gang hope you are well ... price was super slow today with USA bank holiday .. but we managed the sells that ran for near 100 pips in the end .. just shows the power of the algo levels
We need price to start moving again to gain our weekly bias. Its looking bullish so far, but ill need to see breaks above the 2031 to confirm it for me
bounce sells available there
buys down in the messy zone of 2002 .. but higher risk as its been touched many times
other than that ... im looking forward to price breaking out and making some money this week!
follow and like this post please! nearly 3k!
catch you in london
tommy
XAUUSD WTH happened at open?! Good morning gold gang i hope you are all well and had a great weekend .. its back to work time!
What happened at open? some crrazy spike by the look of it?! cant see anything in the news .. just a 100 pip jump down before a push up in asian session.
Right now we are at my optimum selling algo just waiting on confirmation to sell down to a decent buy zone as it looks like we may be in for a bullish week!
note down the algo levels on your charts gang .. bank holiday in USA today so not much volume in the afternoon session .. be aware!
like share and follow
tommy
GOLD (XAUUSD): Massive Breakout 🥇
Yesterday's US news turned out to be very bearish for Gold.
The market formed a high momentum bearish candle and violated
2 horizontal support and a major rising trend line, and successfully
closed below them all.
The broken structures compose an expanding supply zone now.
We may see a retest of broken structures with a consequent
bearish continuation.
Next support - 1979
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XAUUSD Huge drops!!! wow 📉wowwww what a huge move! .. straight in the direction of my bias .. but i didnt catch it!
When price is moving so quick .. its hard to get an entry to sell as there are no pull backs .. but i am learning with gold that when its moving with news .. just jump aboard the train and ride it .. so thats what ill do next time
I tried a could scalp buys and lost them at my algo levels .. the dollar was just too strong!
Now we have broken the structure properly .. we can expect some short term bearish price action coming down to my target of 1980. I would like to take sells down there .. but i need a pull back first
when price reaches 1980 id love to take a buy there
other than that ... im avoided the current price as its just hovering around the major algo .. so theres nothing i can do but watch
like and follow along if this is helping ... looking forward to tomorrow to do it all again!
catch you in london
tommy
XAUUSD Perfect analysis again. What's next? good evening gold gang, wow what an amazing analysis catching big moves today on gold. Pin point perfection. Gold gang eating good
We need to avoid the range highlighted in the box .. its rough. Leave it until it breaks out!
Im still favouring bearish action currently so id like to see closures down below the 2012 .. im gonna wait till we get down there before making that decision.
If it flips and we turn bullish .. ive got to see the price coming up to 2031 area .. it just gives more confluence.
Bounces are in play but not in the current range .. its been used way too many times
Lets continue the momentum tomorrow and catch some more big moves ... i cant wait!!
follow along! don't miss out
tommy
XAUUSD Clear sells below this price level .. Good evening gold gang!! its that time again where we prepare to dismantle the gold chart once again
Price is overall messy .. very messy ... its playing around the daily level of 2016.23 with mutliple tests .. in my opinion we can break this and shift bearish for the bias.
we would need a 4h closure below it to confirm.
Buys are difficult in the range other than algo bounce buys that are marked on the charts
LEts let the candles play out at the open and decide fully in london as usual on a monday
heres to a good week!! im looking forward to it already
follow and like this post!! it helps me out
catch you in london
tommy
GOLD (XAUUSD): Key Levels & Structure Analysis 🥇
Here is my latest structure analysis for Gold for next week.
Vertical Structures
Vertical Support 1: Rising trend line
Horizontal Structures
Horizontal Support 1: 2009 - 2014 area
Horizontal Support 2: 2001 - 2006 area
Horizontal Support 3: 1965 - 1977 area
Horizontal Resistance 1: 2055 - 2065 area
Horizontal Resistance 2: 2077 - 2088 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
USDJPYhere what i think about usdjpy i hope i made easy to understand,if not let me know in the comment. if 150.500 break above with bullish possibility that usdjpy can make new higher which is 153.500 to 153.900. so here waht i say look for buy opportunity with great confirmation. always risk 1%. thank you .
XAUUSD Urgent message! Good morning guys apologies for the late outlook .. fell asleep. Heres my urgent message!
Dont take the bounce buys at 2031 algo .. it is reacting now but i prefer the 4h zone below it at 2029 marked on the chart. This is where ill be taking buys on confirmation
Im still bullish on thte overall bias .. so those buys there make sense to me but im not overly worried as the massive buys from yesterday has more than paid for my week sat at the kitchen island on my laptop eating snacks and cups of tea
check the bounces too gang
catch you .. erm ... right now lol ... make sure you like and follow if you're not already
tommy
XAUUSD A boring day of price builds strong traders Good evening gold gang i hope you are all well. A very slow day on the charts today with a late move that left without us by dropped just short of our zone ..
frustrating .. but discipline building all the same
Price still in the similar range looking for a nice break out to start to take trades tomorrow
The huge imbalance above should be good to take buys if we get a close on the hourly or above
bounces all in play where indicated
another no red news day so lets just stay disciplined and only take top probability trades
catch you in london
tommy