GOLD (XAUUSD): Your Trading Plan For Next Week Explained 🥇
After setting a local higher high, Gold retraced.
It is currently testing a wide horizontal demand area on a daily.
To buy the market with a confirmation,
watch a bullish flag pattern on a 4H.
Bullish breakout of its upper boundary will be your strong bullish confirmation.
A bullish continuation will be anticipated at least to 2075 then.
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Goldtrader
XAUUSD Back to winning ways!! 📈Whats up gold gang! back to the winners circle with the 1 shot sell today! congrats if you got in
Price is still undecided stuck in the range! .. it attempted a breakout today and shot up to my sell zone where we took them down back into the range. It then broke to the downside and came back up to the range once again!!
Some accounts will be blown here as traders get frustrated! dont be that guy and stay calm
Im looking for clear structure to be formed now with proper breaks .. hopefully tomorrow can be the day .. so lets stay frosty.
Copy the information on to your charts guys ..
catch you in london
tommy
GOLD (XAUUSD): Detailed Structure Analysis 🥇
Here is my latest structure analysis and key levels for Gold.
Horizontal Key Levels
Support 1: 2015 - 2019 area
Support 2: 1973 - 1979 area
Support 3: 1931 - 1938 area
Resistance 1: 2077 - 2088 area
Resistance 2: 2143 - 2148 area
Vertical Structures
Vertical Support 1: Falling trend line
Vertical Resistance 1: Falling trend line
The market is currently approaching a Support 1.
2 trend lines compose a bullish flag formation.
We stick to the plan that I shared earlier on Sunday.
We are looking for a bullish breakout of the Vertical Resistance 1 to buy.
Alternatively, a bearish breakout of Support 1 will be give as a strong bearish signal.
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XAUUSD Start the new year with a bang! WHAT IS UP GOLD GANG! long time no speak .. we are back with a new year and ready to spring into action
Id like to see gold move up in the asian session to the algo 2069 .. grab liquidity and then take sells down from there
bearish order flow is in charge currently and the EF you see at the top means engulfing fail which is a great indication to come down
4h close below algo 2060 would be another great indicator to sell
buys only above the EF zone so for now ill be focussing on coming down
are we ready for the new year?! .. drop me a comment below and let me see who we have that follows along!
follow, like and boost .. catch you in london
tommyXAU
XAUUSD 2069 algo level to be hit today whats up gang!! last day of the trading year for me .. and im coming in with a bold statement!
i believe the algo level 2069.83 gets tapped today ... its a major level for institutions and i think they gonna be selling into the new year from there.
Nice strong move up in asian session .. the one i was looking for all day yesterday .. and now sat at the algo waiting for the next move
Lets see if im right!!
Ive had a great year gang i hope you have too .. Chatting to you on here and providing my analysis has been an honour and im so glad im impacting lives across the world
lets repeat in 2024!!
Have a great festive period if you celebrate and be with your families!
catch you in ... 2024!
tommy
XAUUSD We did it again!! the best analysis good evening gold gang!! hope you are ok and survived this boring day of little volume.
Analysis was spot on again with the move up in asian .. catching the trade in pre london and also bounce sells coming later on in the day ... amazing!
lets stay out of the current range as its super low volume .. i want to see a close above the impulsive move to take buys up .. i drew on what id like to see
sells down below the algo 2021 as it is counter trend
Anything else would be subjective and id need to see the candles moving .. so lets see come london
the road to 3k followers is on!! lemme get there before new year im only a few away!
catch you in london
tommy
GOLD (XAUUSD): Intraday Technical Outlook 🥇
After a confirmed breakout of an intraday horizontal demand cluster,
Gold started to recover steadily within an expanding wedge pattern.
We saw a strong rejection from the broken area.
Our next bearish signal will be a bearish breakout of the support of the wedge
with a 4H candle close below that.
It will push the market at least 2010 level.
If you haven't shorted yet, patiently wait for a breakout.
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GOLD (XAUUSD): Bearish Outlook Explained 🏅
Gold nicely respected a horizontal daily supply area.
The price formed a bearish engulfing candle on a daily
and violated a support line of a horizontal range on a 4H time frame.
I believe that the price may drop lower next week.
Next supports: 2010 / 2000
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XAUUSD New week! new opportunities good evening gold gang!! its that time again where we navigate these gold markets on the run up to christmas
So on the higher time frame we got price respecting bullish price action .. so ill be looking for buying opportunities this week for sure
Cant ignore the huge imbalance left from nfp but in the short term .. i would like to see price come up to grab liquidity from the recent structure
a break and retest of the 2021 algo should be enough to take buys
If it comes down in asian .. 2012 buys are on the table too
other than that .. we need to see some price play out .. so ill be ready at the laptop tomorrow awaiting confirmations
follow along so you dont miss the updates
catch you in london
tommyXAU
GOLD (XAUUSD): 2 Scenarios Explained 🥇
US fundamentals are coming in 30 minutes.
Here are the potential scenarios for Gold.
Bullish Scenario
The market is currently testing 2041 resistance.
If the market breaks and closes above that
a bullish continuation will be expected at least to 2070.
Bearish Scenario
Gold is currently consolidating within a narrow
horizontal range on an hourly time frame.
If the price breaks and closes below its support - 2029,
a bearish movement will be anticipated at least to 2015.
Wait for a breakout and then follow the market.
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XAUUSD 400 pip expansion!! wow jeeees guys what a move up .. thats crazy! .. and blown my bearish bias out of the window!
as a pro trader .. i will adapt! its ok to be wrong! .. so what do we have ..
We are approaching a strong daily zone here for a reaction .. so im thinking we hit that in asian session .. but where do we go? .. all the way back? theres not that many reaction zones there on the way down.
The zone will have to break and close in order to take buys .. so lets see what asian brings
super quick analysis today gang theres only 1 decent zone to trade from .. so lets let the trade come to us ey
follow along! lets do it as a team
catch you in london
tommy
XAUUSD 1993 major level respected. We are bearish 📉good evening gold gang! congrats whoever followed my analysis and got the sells in NY before cpi news!! algo level bounce planned and executed with the gang. Beautiful.
The way price has respected the 1993 .. it looks like we can stay below it now for some bearish price action in the near future. Lets see!
I have another mess zone marked out where there are too many rejections to read anything .. so ill play the bounce buys at the algos
a close on the hour or 4h below to take sells down for a buy at the algo also
other than that gang its another suck it and see day tomorrow .. i mean lets watch price move and make a decision then
thank all the new followers .. we taking over the gold charts !!
catch you in london
tommy
XAUUSD Avoid this zone ... (please read) Good evening gold gang!! a bit of a break even day today with a win in london and a loss in NY with price blasting through our buy zone unfortunately
The current price zone to me is super messy to the left and we are stuck in a bit of a weird one currently .. so im waiting for the marked areas to touch
We have a niiice bit of news tomorrow which should give us some direction in the NY session .. so lets hang on
a move up in asian session would be great to hit the 1993 again to take sells down .. that would be ideal .. other wise its buys down at the bottom there after liquidity is taken
lets meet up in london to re assess depending on what we get
have a good evening wherever you are .. have a good one!
tommy
XAUUSD the 1993 target was hit! (sort of) good evening gold gang! its that time again, the time where we team up to destroy the gold markets!!
The target i was calling for all week .. the 1993 was hit last week DESPITE everyone telling me its bullish and we have no chance. The price action never lies gang and after the big open .. it was always coming down to get the best price .. which is the 1993 algo level.
This week, i want to see some price play out before i make a decision on actual bias .. right now we are at the 2003 level and id like to see price move up in the asian session to collect some liquidity before selling down.
The 1983 level has an imbalance on the daily chart .. this could be a great draw on price to come down so lets look out for that and take buys there too
other than that .. lets let the price tell the story as usual
road to 3k followers is ON! .. you're missing out if you are not following my journey
catch you in london
tommy
GOLD (XAUUSD): Your Trading Plan For Next Week 🥇
Gold turned very bearish after NFP release on Friday.
The price attempted to violate 1997 - 2008 horizontal support
and closed within its boundaries.
I believe that we gonna see one more of its breakout attempt next week.
A daily candle close below will confirm a violation.
A bearish continuation will be anticipated to 1977 then.
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XAUUSD NFP predictions 📉What is up gold gang! were are here once again ready for BIG FRIDAY .. we love it here at gold gang HQ in rainy england
Trades taken today we took the buys as planned last night during london session .. if you follow my analysis every night .. then you would have profited!
We took a buy in late new york too which ended up running 100 pips after a small drawdown .. congrats anyone in that
i still think we are bearish as per the higher time frame with a target of 1993 .. so i think we will head down there with NFP .. the only thing that can stop us is news from the war .. lets see
i would like the zone at 2025 to break first with a closure on the 30m in order to take sells down .. algos are marked with the areas i want them to bounce at .. but subject to change if we get closer to the news at 1.30 uk time
ok gang follow on! like and boost the post .. i have been posting every night for a year now .. i hope my thoughts help you out
catch you in london
tommy
XAUUSD the breakout is imminent! Good evening gold gang! wow what a choppy day .. price is being manipulated heavily here awaiting NFP on friday .. see how it bounces between the algo levels?
We have to have a breakout now (marke don the chart) in order to take anymore trades ... clear the range.
A strong close on the hour should be enough to qualify taking buys or sells outside of the range .. so ill be waiting. After that come the algo bounces like usual
2031 and 2022 algo levels cant be used for bounces any more .. they are primed to break .. so watch out for that
other than that gang .. lets get ready for NFP! can we get the 1993 tapped? make sure you're following along! the road to 3k followers is still on!
catch you in london
tommy
GOLD (XAUUSD) Structure Analysis & Key Levels 🥇
Here is my latest structure analysis for Gold.
Horizontal Key Levels
Resistance 1: 2142 - 2150 area
Support 1: 1998 - 2009 area
Support 2: 1963 - 1977 area
Support 3: 1930 - 1938 area
Vertical Key Levels
Rising trend line - daily candle close below that will turn that trend line
into a vertical resistance.
My focus is on a trend line at the moment.
We see a breakout attempt of that.
Daily candle close below will be an important sign of strength of the sellers.
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XAUUSD my next price prediction .. pls read What is going on gold gang!! crikey what an insane day .. cant believe first the move up nearly 600 pips .. then a correction of 1000 pips! crazy times
We caught scalps of course .. but the big moves? leave them to the big players.
My next price prediction is 1993 for gold .. we are selling off heavily at the min due to institutions taking profits .. with the major level of 1993 only 300 pips away .. i believe we can hit it this week.
Meanwhile .. price is still moving nuts .. so im gonna be looking at algo bounces and strong closures below or above zones to take continuations
lets manage risk carefully and enjoy the ride .. like we always do
hit the follow .. hit the like .. lets meet up in london
tommyXAU
XAUUSD My all time high prediction came true a day late lol ... I was saying all november that i predicted all time highs .. have a look back to see for yourself .. and we got it on december the 1st hah .. ill take that as a win
good evening gold gang! its that time once again! Time to attack the gold charts
Whats price doing now .. well its very very bullish around the ATH area .. so we have no previous data above to work from .. so i believe we will wick up to take liquidity and drop down back into the ranges in the coming day
Bad news out of the middle east also which will be bullish for gold, but big players will be looking to take profits at these levels.
buy zone down at the 4h englulfing .. thats 300 pips away though so im not expecting that to hit .. ill be looking at sells below the structure .. or if you're awake for asian .. wait for the liquidity grab
ok gang thats it! lets have a great week .. and stay frosty as its gonna get bumpy
follow along and hit the like button to join the gold gang
tommyXAU
GOLD (XAUUSD) ATH Ahead! What is Next 🏆
What a bullish week for Gold.
The market closed approaching the ALL TIME HIGH!
Here is your plan for next week.
Bullish scenario:
if the price breaks and closes above 2074 on a weekly,
it will confirm the strength of the bulls one more time.
A bullish rally will push the prices to 2200 then.
Bearish scenario:
The market may drop from ATH as it happened 2 times in the past already.
Your bearish confirmation will be a bearish breakout of a support of a rising
channel on a daily. It will drop the prices at least to 2010.
Current geopolitical and macroeconomic situation strongly support a bullish scenario.
BUT I always say that it is safer to wait for a confirmation.
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