Good evening gold gang .. hope you have had a good trading day.
We got the buys yet again in a massive move up due to news. Target broke into the buy zone and rallied 100 pips to the target to hit it perfectly .. boop. Another one. Congrats whoever grabbed it.
Onto tomorrows big news day!! Im sure we will get consolidation tomorrow in light of the news .. im not a huge fundamentals guy .. id like to learn if someone had some decent learning material for me? lemme know in the comments .. so i like to let the move play, and react accordingly whichever way we go.
Id like to see pull back asia toward that blasted 1993 level price has loved for the last few weeks .. there we will await the news and blast off either side .. but we have to be patient.
The buy position i have has a problem area in the middle where price can react from .. if you take profits and BE your trade, you shouldnt have a problem. The sells should be straight forward towards the 1993
DXY having broken out of the downward channel is making HH and HL on the 4hr indicating dollar strength. This usually means gold weakness so im favouring the pullback.
Either way, use correct risk management guys no gambling here. Take what the market gives us, not what we expect.
Stay frosty out there .. please like and follow along for more gold analysis
tommyXAU
We got the buys yet again in a massive move up due to news. Target broke into the buy zone and rallied 100 pips to the target to hit it perfectly .. boop. Another one. Congrats whoever grabbed it.
Onto tomorrows big news day!! Im sure we will get consolidation tomorrow in light of the news .. im not a huge fundamentals guy .. id like to learn if someone had some decent learning material for me? lemme know in the comments .. so i like to let the move play, and react accordingly whichever way we go.
Id like to see pull back asia toward that blasted 1993 level price has loved for the last few weeks .. there we will await the news and blast off either side .. but we have to be patient.
The buy position i have has a problem area in the middle where price can react from .. if you take profits and BE your trade, you shouldnt have a problem. The sells should be straight forward towards the 1993
DXY having broken out of the downward channel is making HH and HL on the 4hr indicating dollar strength. This usually means gold weakness so im favouring the pullback.
Either way, use correct risk management guys no gambling here. Take what the market gives us, not what we expect.
Stay frosty out there .. please like and follow along for more gold analysis
tommyXAU
Note
good morning! .. nothing in asian session not even a small pull back. Lets see what London has for usNote
Didnt get it in asian session but looks like we may get it in NY .. pullback timeNote
updated sell zone 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.