XAUUSD - Price Action - Today's Key Zones - London/NY SessionToday's potential trades for #XAUUSD -
XAUUSD
It's almost 90 pips between today's support/resistance zones. If there's no breakout, we have enough room to trade within these prices, on the smaller time frames with care
If there is a breakout of today's support/resistance zone, it will come at the levels in the photo
Rajabanks
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 Outlook 8/7/23 Very strange! 🙃Good evening gold gang .. hope youre all well. What a strange day for price!! No trades taken for the gold gang apart from a small scalp for myself that was high risk.
Why is price behaving so weird? I believe its because both gold and dxy are both at very important price levels, as per my strategy, and are accumulating orders here ready to enter the final quarter .. we have strange consolidation around this level with price seemingly stuck .. even with news today
no news tomorrow either, so lets see if we can get out of it!!
buys sells and reversal on the charts .. hopefully we will finish the week strong as it has been quite uneventful this week .. albeit profitable!! so far lol
hit the follow and like button to join the gold gang!!
catch you in london
tommy
XAUUSD Outlook 6/9/23 A great buying opportunity 📈Good evening gold gang! hope you are all well. Another great day in the markets today for myself and the gold gang ... forecast was correct and sells were presented to us in the NY session and ran for near 100 pips. Congrats if you got in
Tomorrow we have some news finally! so lets get some volatility back in the markets after a couple relatively slow days
The reversal level at the 1924 level is a great buying opportunity for gold. As long as dxy news is bad or even, then we should get a very nice reaction here tomorrow for price to come up.
Look for the reversal pattern at the key level as confirmation
Sells below that level but be careful for fakeouts if they happen in asian session .. price can spike in and out .. wait for 1 hour closures and pull backs as usual
looking forward to the rest of this week gang, i smell some big moves coming our way!!
buy sells and reversals on the charts for you to copy on to yours
follow along for updates constantly!! and hit the like on your way out too lol
catch you in london
tommyXAU
XAUUSD Outlook 5/8/23 Nothing to report 🙃Whats up gold gang!! this is going to be brief as price literally did next to nothing today lol
US bank holiday meant zero movement in the NY session and the only move coming in london for around 50 pips in movement .. lame!
Levels remain the same .. we closed bearish respecting the daily level .. so this could see a little upside coming into tomorrow although its another no news day
Im hoping for some volume in September as the summer holidays come to a close and those traders come back to the markets with their trigger finger on the button
lets go!!!
follow along .. its gonna be a great winter
catch you in london
tommy
XAUUSD Outlook 4/9/23 I got caught in the trap 🥲 Whats up gold gang!! hope you had a nice weekend! I have been cooking up in backtest mode playing with the reversal entries and getting that win rate up .. cant wait to show you what i have found.
Bank holiday in the USA tomorrow! so that means ... slow price! so im not expecting much really other than range. Ill still be around for you, but im not being optimistic
Lets talk about what happened friday and how to avoid it happening again ...
After news, I could see bullish price action with a strong close and my strong monthly level just 30 pips away!! Thats a top set up for me so i took it. Then boom, price full reversed 150 pips or so confirming i was 100 percent wrong! (it happens)
Turns out to the left was a little high that was grabbed for liquidity and thats exactly what i was .. liquidity lol .. in future i will not take continuation buys so close to levels. 30 pips is enough but it has already moved 70 in the range so its best to leave in future
this is what trading is about guys .. getting rekt and learning from it! .. Its more feathers to your bow as they say in the building trade .. remember this! grow from it like i have
Im still on the quest to become the greatest gold trader of our generation .. so steps like these are great for my plan, so when im managing millions, i wont get burned.
Buys, sells and reversals all on the charts ready to rumble, so copy them on to yours and lets smash it together tomorrow
hit the follow button so you dont miss a trade .. smash the like too while you're at it
catch you in london
you mate TommyXAU
XAUUSD Outlook 30/8/23 Accuracy 🎯Whats up gold gang! .. how about those longs ey! touch of the level and flyyyy .. all called out and executed live too. Insane accuracy. congrats the guys who took it
News drove price skyward this afternoon with bad news for the dollar .. this broke the range and now we expect a small pull back. This looks like it can happen in asian .. so stay frosty!
strong candle close required before going short
tomorrow we have more red folder news to contend with which is awesome! .. we love volatility.
So depending where the pull back takes us, and the state of the DXY, lets make a judgement closer to the NY session on where we think price will take us
Good luck asian gang with the sells i hope they work out for you ..
follow along for constant gold updates .. also like and boost this post for me
catch you in london
tommyXAU
XAUUSD Outlook 25/8/23 Gold and Dxy lost correlation 🥲Whats up gang!! wow gold has been strange this week!! lots of fakeouts and huge moves in opposite directions as per my strategy. Still finishing in the blue having grabbed some pips with the squad in sells today .. but not getting the runners. Lets see why ..
the BRICS summit is certainly doing wonders for gold but its seemingly not stopping dollar .. as both are rising at the same time. Usually we have opposite correlation .. this is why its been hard for me to see the moves. Ive noted it down and will learn from it in the future for sure.
Big day tomorrow for our mate jerome powell is taking the mic once again to spit his BS written by whoever is controlling him .. so we should see some nice volatility thankfully!
No guesses from me on direction .. just want to see some trend again lol
buys sells and reversals are all marked on .. any moves in asian i wont be able to advise on as ill be asleep .. so use your initiative and risk management
Lets finish the week strong guys its big friday once again ... i can almost taste those beers!!
hit the follow button if you want to follow a real trader with a though process and not an AI bot like most on here with a female avatar lol
catch you in london!
tommy
XAUUSD Outlook 22/8/23 Blown accounts 🥲Good evening gold gang!!! oh dear what a bad day for price action!! .. we got the mother of all fakeouts during the ny session.
What is a fakeout? .. its where price tricks you into thinking its going one way, then quickly shoots down the opposite .. trapping you in positions. The trendline break was a sure sign for buyers today seing the decline in dxy also .. i advised the gold gang to stay out of buys for this very reason
price shot up then quickly reversed and dropped 90 pips where we caught the bounce at the bottom for a quick scalp.
There will have been losses and revenge trading everywhere today .. truely a day for the brokers. This is where discipline comes in and im glad im experienced enough to have seen this play out before.
Going into tomorrows session, price really is undecided currently having broken the trend, but ranging .. so lets wait to see it play out into the london and ny session tomorrow
buy and sell zones are on the chart with reversal points as standard
lets get another win and keep it cool and professional as always knowing that the markets still have blood in the water
follow and like this to support! i love writing these for you guys and i hope you find them useful
catch you in london
tommyXAU
XAUUSD Outlook 21/8/23 1871 ?? 📉What is up gold gang!! hope you are all doing well and had a good weekend.
Price is mega bearish still on the htf respecting the trend on the 1h to the downside.
DXY also making classic structure to the upside, so no trend changes are in sight so far.
My weekly target is 1871 level as thats a major algo level that needs to be respected .. plus the clean traffic coming down to meet it. Lets see if we get there!!
No news day tomorrow so lets look for those reversal levels .. this has proven very profitable on low volume days .. follow me to find out how to enter!
Buys sells and reversals are all on the chart .. copy them on to your own and use them in your own strategy
make sure you like this and follow along for more updates during the session
catch you in london you lovely lot
tommyXAU
XAUUSD Outlook 17/8/23 Free falling!! 📉What is up gold gang! hope you had an amazing day on the charts as i did .. missed the big move but caught a nice scalp on the comex open instead, which is always nice to end the day blue!
Wow we fell off! and where did it land? .. at my target level! .. boop! perfection.
So whats next? .. DXY has broken out of the level now and looks as though its going to break its down trend! .. downside for gold is in the near future at least.
Im expecting a small pull back in asia before continuing back down once again. We have unemployment news tomorrow which always provides a nice push .. so im hoping to catch that one!
no buy side reversals today just yet .. price is in a tricky spot currently .. i just need to get a clear picture tomorrow morning after a few candles have printed
buys and sells zones are on the chart for you to copy
Follow along and dont miss the updates!! they're gold .. lol
catch you in london
tommyXAU
XAUUSD Outlook 15/8/23 Its showtime! 🔥What is up gold gang! once again we smashed it with the analysis and execution today .. perfect reversals from the level. Boop! .. outstanding
Congrats if you smashed that with me
DXY reached the 103 as predicted last night and is currently rejecting it .. this could be showtime for us to start moving up in price! we have some news tomorrow which should give us the push we need to find out!
A drop in DXY will send gold up if you didnt already know
The levels remain the same as todays but reversals on the sell side are lower down .. whichever way we break out .. we will be ready as always to strike.
Follow and like this post guys .. i appreciate you all for hanging out with me
im just an ex builder with a passion for the markets .. i hope that shines through with my ramblings
catch you in london
tommyXAU
XAUUSD Outlook 14/8/23 Time to buy ? 📈Good evening gold gang!!! its that time again .. time to jump head first into the most manipulated game on earth .. the financial markets!
Good job we have an edge! wink
Ok what do we have .. well we are sat at a very important level for both gold and dxy .. dxy is at a level where it should no continue its down trend. its been making lower highs and lows for months and no we are the apex.
Gold is sat at the strong monthly level and it hasnt broken it in months .. this could see a strong reaction here to the upside but it must break its current trend .. marked on the chart in a red arrow.
No news day tomorrow so lets see if we get some creeping price action.
Buys and sells on the charts along with reversals .. i update constantly on here so make sure you follow along so you dont miss them
Hope you are well rested and ready to attack with me
catch you in london
tommyXAU
XAUUSD Outlook 11/8/23 Perfect analysisGood evening gold gang!!! we did it again with another beautiful analysis and execution today after the news. Firstly the pull back in asia .. then the liquidity wick that respected the trendline and big sells right down to target. BOOP!
We are now closing candles under the monthly level which is a reaaaal big bearish sign for gold. There is a long way down to the next form of support so we could be in for a very red month here.
Im going to keep this one brief as we have another news tomorrow for BIG FRIDAY! so lets see what we get gang .. buys sells and reversals all on the chart
LIKE AND FOLLOW along so you dont miss out
catch you in london
tommyXAU
XAUUSD Outlook 10/8/23 Tomorrow is the big day! 🚨Good evening gold gang! Hope you're all doing well and grabbed a piece of the action today with the analysis on point! .. just shame about the entries.
I couldnt get an entry point and id left the charts when it did give me one .. ah well theres always tomorrow!!!
Big news day tomorrow finally after a boring week .. and we are expecting good numbers for the dollar! .. This can mean its doowwn for gold.
current sell positions on the charts, personally, i would not take in asian session. Its too messy and price will be manipulating awaiting the news. Sit back and watch the price and be very careful if you cannot fight the urge lol
Asian pull back expected up to the purple box area and then most likely range for the day until NY session for the news
Other than that .. lets see what we get tomorrow! You better be following along so you dont miss out
catch you in london
tommyXAU
XAUUSD Outlook 8/8/23 Weekly level respected 📈Good evening gold gang, amazing trade today grabbed by you lot on the reversals at the level. If you grabbed it, you're a fearless legend.
I pretty steady day of price action today due to it being monday, and no news to push us. We still got the analysis and trade so im happy!
Price came down in asian to correct the nfp move from friday before reversing .. this has made the weekly level very strong, and coupled with a declining DXY, we should carry on the bullish trend for gold.
The monthly and weekly time frames are very important to look at with gold .. just treat them as any other time frame noting reaction levels and closes above and below. |
buys, sells and reversals are marked on the charts .. the sell zone is a little shorter to account for the wicks .. lets clear them first before looking for entries.
No news day tomorrow .. boo .. but im still gonna be around .. stats show that reversals are more likely on no news days so lets focus on those.
Follow me! Im the realest trader on here .. no fluff just value and winning analysis daily
catch you in london
tommyXAU
XAUUSD Outlook 7/8/23 Im still bullish, heres why 📈Good evening GOLD GANG! how the devil are ya? ... hope you had a great weekend and are ready to go once again into the realms of market manipulation with me
NFP news last week was a good one, first shooting price down, where most analysts were thinking .. bearish. Which probably triggered lots of sell orders .. however .. we booped my level to the PIP and shot skywards 200 pips almost to come inline with where ive been saying for the last couple of weeks .. following a bullish trend.
Im bullish because the higher time frame .. monthly .. is still bullish respecting trend and structure nicely, as is the dxy following bearish structure and trend nicely.
Im expecting a bullish week.
Buys and sells are both on the charts along with reversal points .. if you're new here .. my buy and sell zones are there because once price closes in those areas on the 1h or 30m .. it tends to move up to the target level. Its part of the algo trading theory i employ.
Have a great evening gang! follow along and dont miss the updates!
catch you in london
tommyXAU
XAUUSD Outlook 4/8/23 Did you survive the range? ❌Good evening gold gang!! .. wow what a rangey day lol .. i still got the win in london and NY but no volume to push.
Days like these occur around big news events .. the market is tentative with not many orders coming in and out. So we wait for the range to break. Did you notice it was ranging around my price level all day??
range days are designed to shake retail traders out and lose due to impatience. The brokers love it! I stay disciplined only taking my set ups and using tight risk management methods
Buy and sell zones remain the same. Reversal zones too. Tomorrow is the big day!!
As for price predictions, i dont believe in them as the news is heavily manipulated .. so we let it do what it wants and then enter afterwards. Another thing about news trading on the announcement is spread and slippage .. both these will damage your account massively. So dont.
Follow along for constant gold updates .. join the gold gang!!
catch you in london
tommyXAU
XAUUSD Outlook 3/8/23 This level is crucial 🚨Good evening gold gang! We did it yet again. Not only 2 great trades, but insanely accurate analysis (if i do say so myself lol) .. we got the pull back and the reversals .. then onto the sells all to the exact points stated. Cool hey?
Ok gang .. go on the daily time frame .. you can see we are at a very crucial point in price here .. its filled the daily imbalance now and is at a new resistance turned support. The HTF is bullish still in my opinion .. can we carry on its trend? or break it?
Sells are very close to current price .. if you see it breaking in there in asian .. use tight risk management as i wont be around to assist. Buys are counter trend at the min so are high up out of the way.
reversals are marked on in blue .. we have been killing these lately!
Other than that .. lets have another good day! we have some beautiful red folders tomorrow and then we lead up to the big one on friday! im excited. That beer is gonna taste gooooood.
You have to follow if you're not already .. you're missing out big time
catch you in london
tommyXAU
XAUUSD Outlook 2/8/23 Did you catch the sells with us? 📉Good evening gold gang! JEEEZ man another amazing day trading the yellow beast. First the sells coming down and the reversals from the level up to the next with a little help from the news .. outstanding!
Anyways on to the next day! .. some news to look forward to in NY session so that should make things interesting for us .. as im typing this, DXY is falling quite hard and the gold market is still closed .. so we may open with a gap.
This could also mean we will have a bullish day tomorrow as im expecting a pull back to the 1954 area. If not, as always, we have a plan B.
Sell zone is shorter as there was a messy candle cluster at the level so i have moved it down slightly to allow us to clear them.
Reversals are on the charts marked in blue .. im looking for strong engulfing candles at the levels in order to take the trade on the pull back.
Thanks for all the new followers today guys i appreciate ya .. leave a boost too if you find these helpful
catch you in london
tommy
XAUUSD Outlook 1/8/23 I was the only trader bullish today 🙃What is up gold gang! .. we did it again! Beautiful buys planned and executed with precision. Congrats anyone who got involved.
All over social media and here i saw analysts saying sell gold at the open .. it will fly down this week .. and i was getting DMs saying the same .. but people always forget one thing.
Higher time frame structure.
As long as we are making higher highs and lows .. we still moving up baby. Simple.
The push down into the imbalance on the 1h today and rejection was music to my ears and i jumped in for a buy. Then the second buys came at NY open with price breaking into the buy zone and a rejection followed by a big push. A total of 80 pips caught today which was a nice end to July.
On to tomorrow! .. well we have DXY leaving its range to the upside currently and gold mitigating the daily level (just missing by 10 pips) .. so tomorrow we could see some sells take place.
As usual buys and sells are on the charts as well as reversal spots in blue.
We have some news later in the day tomorrow so that should help us with the direction .. until then, lets see what london brings :)
You are insane if you're not following along. Im an actual trader here not an AI bot so you get my true thoughts and emotions in the charts in my nearly 5 years experience trading gold.
drop a like too!!
catch you in london
tommyXAU
XAUUSD Outlook 31/7/23 Let there be fireworks! 🔥📈Good evening gold gang!! im glad to be back for a new week and also a new month! This year is flying by
With the higher time frame for me still bullish .. Im still thinking the 1993 key level gets tapped, but i doubt it will be tomorrow.
Id like to see gold correct the big drop from last week as it seems to be en route to doing, so ill be looking at buys in the short term tomorrow.
New month always brings us some nice moves as institutions want to set their stall out early and assert dominance .. we also have NFOP this week too being the first friday of the month. No news tomorrow for us so im expecting a pretty slow day
Buys and sells are both clean traffic so id expect a clear run to targets if we get closures .. reversals are drawn in blue so you can see.
Have a great rest of your weekend wherever you are .. I just hit 1400 followers on here today so thank you everyone for following along. I hope you find my ramblings useful
catch you in london
your mate tommyXAU