XAUUSD NY session buys? Good afternoon gold gang!!
A great morning on gold with monster sells caught by the community. Nice!
This session im expecting a pull back of sorts, so im hesitant to take the sells i have marked up. The target below is a very strong zone so the sells are very valid, but i may be sitting it out.
Buys for me would be above the recent consolidation marked out .. id like a 15/30 close above it in peak volume to take it.
If you have already made profits today, dont be greedy!!!!! or at least lower risk.
Happy trading
tommyXAU
Xauusdsignals
XAUUSD Target destroyed. Good morning gold gang! hope you are well on this gloomy london morning.
Asian session saw little volume not breaking any of my zones .. so for those watching last night, it must have been slow.
Pre london saw a little false breakout of our zone before shooting up for buys. My entries are always on the break of the previous .. so no activation. I took a small buy on the fakeout but was out very quickly as these are not my favourite types of trade to take. I am constantly working on ways to make them easier for me to take.
The sells came on the open and absolutely smashed through to the target area and booped it perfectly as usual.
Congrats to anyone who took the trade on my analysis .. some serious pips there!!
ill be back this afternoon for the NY outlook .. until then, go outside, take a walk or something. Trading is about freedom! dont be glued to the screens.
Tommy
XAUUSD Asian Session Outlook Good evening gold gang!
another amazing day on the charts with my targets getting smashed in all 3 sessions .. precision!
Ok lets have a look what can happen during asia. The first thing to note is the 4 x 4hr candles have failed to close below 1974.29 which makes this a very strong level. An attack on it with an hourly candle close below can signify a move down .. so my sells are below that level.
to break the high of the previous 2 candles would mean buys to be taken above 1984.00 with a possible run on the 2000s once more.
Both targets are there but NEVER BE GREEDY!! gold is a wild beast that can only be tamed by taking profits and moving to break even quickly.
The current range we are in is a no trade range .. dont be tempted.
Catch you in the morning for london .. please leave a like and follow along for more xauusd goodness
your mate
tommyXAU
BREAKDOWN ANALYSIS GOLD 21/03/2023dear traders gold m corrected the move so as we said before we should look for potential of sell ..I expect gold if he breaks above 1983 it will be change to buy target will be 2003 and if he continue bearish and close below 1977 it may keep pushing down until 1967 first target
XAUUSD Don't sell before this trend-line breaks!Gold (XAUUSD) continues its parabolic rise that started on March 09. The dashed Higher Lows trend-line is sustaining this uptrend and as long as it holds, we are targeting 2050, which represents a +5.50% rise, similar to the 2 bullish legs we already have since March 09 and a contact with the January 16 Higher Highs trend-line. On the other hand, sell if the March 09 Higher Lows break and target 1935 (Support Zone A) and if broken, potential extension to Support Zone B.
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XAUUSD Sells in NY?Good afternoon gold gang!! hope you are good
Wow ANOTHER perfect analysis for asia and london .. congrats whoever took that. Target of 2000 met beautifully.
Price is rangey from this lunchtime gmt but im favouring sells on the break of the 4hr low marked on the charts. Looking for strong candle closure below the level to drive down.
Buys conservative above the major level so avoid getting faked out with the uncertainty of the world.
You know where to find me during the session
good trading!
tommyxau
XAUUSD - Can the 2000 be hit tonight?!Good evening gold gang! hope you had a good weekend.
What an insane week last week with over 1000 pips in bullish momentum! we caught our fair share for sure.
The way i see it is we have 3 options here. Option 1 .. rally straight up to the 2000 from the open. Option 2 .. small retracement to collect some orders at the daily level before shooting up for the coveted 2000 and finally option 3, deep pull back back to the monthly level.
Im looking forward to seeing what we get at the open!
catch you in the morning for the london/new york outlook
tommyXAU
XAUUSD SKY ROCKET AGAIN 19/03/23Reason Behind XAUUSD Bullish
1. Breaked out in W Pattern Pattern confirms Bullish continuation
2. Strong Continuation in Uptrend Channek
3. Bulllish Spinning Top Confirms Further upward Movement
4. Probably Retest Zone 1960
Overall Possible Outcomes
XAUUSD BUY @ 1960
SL 1928
TP 2074
XAUUSD | New perspective | follow-up detailsFollowing another profitable week for us on the XAUUSD (see link below for reference purposes); Gold hit a one-month high on Friday with strong signals that it may be ready to break free of the mid-$1,800 - $1,820 range it has been trapped in the past four weeks. Following the Labor Department reporting a number that again beat forecasts but not as much as in January, a smaller rate hike of probably 25bps looks more likely as against the broadly anticipated 50bps. In this video, we looked at the market strcuture from a technical standpoint with the hopes of identifying a potential trading opportunity ahead of the new week.
XAUUSD perfect buys!! target met.Good afternoon gold gang!! hope you are well
What a week (again) for the gold price. We have had some amazing moves this week with my analysis playing out to the tee.
In asian there were beautiful buys up to the target area that was met by london. I then forecast the pre ny buys in the minds section of trading view which met target to the tee.
The reason for entering is always 1hr/30m candle closure outside of the zone .. wait for retest and go. Trading is simple guys, dont over complicate with indicators .. take it from me who tried everything when learning.
No more trades for me now after bagging hundreds of pips this week .. its beer time!! you know me
Have a great weekend! ill be back this weekend with some educational posts.
tommyXAU
XAUUSD my asian session trading levels good evening gold gang!!
Price action has been crazy today!! glad we caught some pips safely. 100 pip moves as standard!
OK asian session outlook .. price has no real direction at the moment looking like the daily will close like yesterday as doji. Taking trades must be in and out due to this uncertainty.
Interestingly if you look on the 4hr timeframe, youll see the last few could not close strongly below the major level, so sells below that level should be quite tasty. Wait for candle closure.
Buys at the very top of the range to head for my blue line target.
again, closures above the zone 30m candle.
Enjoy!! please like and follow along for more gold trading analysis
tommy
XAUUSD Another spot on analysis day!What is up gold gang, hope you're all well.
A funny day of price on the gold chart today with volume coming and going in both directions. First were the buys as forecast this morning as price rode through the no trade zone, closed above and i was able to snag 40 pips with partial profits and eventually a break even. Price failed to reach my overall target only by a few pips before plummeting in NY
I called the sells in the mind section of trading view as they were playing out .. a strong flip of the 4hr candle always provides huge amounts of volume and sent gold flying down 100 pips.
I personally didnt get this one as the stop loss was too large for my rules, but i was happy to observe.
Ill be back on later for the asia outlook. Hope you've all had a good day on the charts and managed risk accordingly
tommyXAU
XAUUSD Price hugging major price levelgood morning gold gang!!
Another day another dollar! (hopefully) .. asian session saw the predicted buys playing out but never reached full target. This is because price stalled at the 4hr low problem area as marked on the charts. Ive had a few DMs on here saying people took the sells and bagged 60 pips which is amazing .. well done.
for London, Ive adjusted my sells position to below the 4 hr zone but is a risky play. Only 60 pips to the next zone depending on candle closure. Buys are as last night and should be clean if we get volume.
Happy trading guys please remember to leave a like and follow along for more gold analysis
tommy
Gold fell below 1900, and the decline is about to begin?At present, gold prices are slightly lower. Because the February CPI data released overnight in the United States showed that the annual core inflation rate still far exceeded the Fed's 2% target, the dollar index stopped falling and rebounded, suppressing the rise in gold prices.It is expected that the Fed will continue to raise interest rates next week and in May, with the benchmark interest rate increasing by 25 basis points each, because the report released overnight showed that the annual core inflation rate in the United States in February was still as high as 5.5%, and concerns about the long-standing banking crisis have eased.Therefore, gold's short-term upward momentum is insufficient, and the short-term short-term recovery indicates that gold may at least partially take back the gains made in the context of systemic risk panic.
The rebound in U.S. bank stocks has cooled the market's risk aversion to a certain extent. From the perspective of gold's trend, gold has also recovered in a short period of time, but the main structure is still high and volatile. On March 14th, the daily line finally closed at a high level and a small negative line. Gold is technically already seriously overbought, but considering that the current market rise is mainly caused by the buying of risk aversion, and the short-term market risk aversion does not cool down, then gold may still continue to be consumed at a high level, and it is not easy to make significant adjustments.This kind of high volatility may consume more time, gather fundamentals, and may even extend the high volatility until the Fed's interest rate decision next week.
In the short term, it is currently hindered by the actual suppression of the 1910 mark. If the upper space needs to be further opened, then it needs to actually stabilize above the 1910 mark to have further opportunities. As for the lower defensive thinking, as long as you hold on to the rise of 1870 this week, the bulls will succeed.
In the short term, the trend of gold will still be dominated by market sentiment, and it may not be so concerned about the demand for technical trends.At present, it is difficult to predict and control the fundamentals. At present, the focus of the market is on how to deal with the bankruptcy of US banks, and this issue ultimately comes down to how to adjust the Fed's interest rate hike policy.In addition, the United States will announce retail sales and producer price indexes later in the day.Before the FOMC meeting on March 22, it will become important to observe whether U.S. retail sales data indicate any consumer downturn.
XAUSUD My Asia trade levels good evening gold gang, wow what a day!!
Price has been insane today! We got all moves predicted up and down. Im very happy with my analysis.
Tonights asian, no clear direction just yet. The level in white is a major price level, so im expecting a small range around it before breaking.
The sells below .. watch out for the 4hr low. I like to take profits at 4hr lows as price can retrace. Buys should be clean to fill the top of the wick, ill be waiting for candle closures above or below before entering.
Please like and follow along for more quality accurate analysis on my beloved xauusd
tommyXAU
XAUUSD We got sells AND buys lol What is up gold gang .. hope you are well.
Another awesome day on the charts. Firstly we got the sells as forecast last night waiting patiently for the break of the range. Nice impulse move straight down to our target. Lovely.
Price then absolutely rocketed up through the range and out of the other side allowing us to take our forecast buys for another 100 pips!! price hit the target beautifully once again.
Price action upon the range breaks have been lovely this week catching multiple hundreds of pips, i hope my analysis has helped you catch them too.
Moving forward, id like to see price move up to the next level after a support forming, but be aware we have already had a huge move and theres a lot of fear in the markets. I will personally be staying out now. Don't be greedy!
Ill be back this evening with an asian forecast, until then, you know where to reach me
peace
tommy
XAUUSD NY Trade Ideas Whats up gold gang!! hope you're well
as suspected, price is ranging. DO NOT trade in the range .. thats how you lose accounts!!
I have marked my 2 areas im waiting to break for gold. Anything else is not valid!
Lets see what we get!! Please like and follow along for more
tommyXAU
XAUUSD target met to the pip! expecting range bound priceGood evening gold gang! what a beautiful day to trade the precious metal.
Trades called today both won and ran for 100 pips each with little drawdown following the bullish bias.
For asian session, im expecting price to either rise up to my next level marked on the chart, or simply range around the major price level (marked in white) until cpi news release.
There should be a deeper pull back at some point, but the sentiment has been so bullish .. im not sure when it will come just yet. Safest play would be to wait until after the news. Its gonna be a good one!
Catch you tomorrow
tommyXAU
XAUUSD Target hit. Look for a pull-back to re-enter.Gold (XAUUSD) reached our Inverse Head and Shoulders target (1913) we set last week and fulfilled the buy signal we gave 2 weeks ago right when the former Falling Wedge broke upwards:
As the 4H RSI has gone overbought beyond limits, the 1D RSI is on a controlled bullish trend, with a Higher Lows trend-line as its Support. Every contact with it is a buy. As the 4H MA50 (blue trend-line) is expected to cross above the 4H MA200 (orange trend-line) within 3 days and for a Golden Cross, we expect the price to pull-back inside the (green) High Volatility Zone. Target 1 is at 1920 (the Symmetrical Resistance) and if it price breaks above the 0.786 Fibonacci, Target 2 will be at 1955 right below the February 02 High.
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XAUUSD Huge expansion, im expecting a small pullback Good afternoon gold gang!!
Wow huge trade this morning called in the minds section. 100 pips!! that is huge. Well done for anyone who jumped on.
Current price is still expanding at a huge rate, so im expecting some kind of pull back to collect some liquidity. I have marked up what im looking for. Support must form at the red level below current price to then move up to the major level .. but sells will be below 1889 level.
Dxy sill bearish so we might see the major level tapped today?! .. lets see at the open!
Have a good afternoon guys .. ask me any questions in the comments and ill do my best to answer them.
Like and follow!
TommyXAU
XAUUSD Insane open!! 200 pips wowGood evening gold gang!! how are you??
First off i kind of forgot the day light savings in america so the market is open! and WHAT an open!!
As i predicted, the market rocketed on the open due to the news of SVB collapsing .. which has weakened the dollar.
This will prove to be a very interesting asia session! there eventually will be a small pullback but for the time being, enjoy watching the train leaving the station lol
Catch you all in london session .. lets see what price can show us then. Hopefully it will calm down.
tommyXAU