Good evening gold gang!! hope you had a good weekend.
Ok so we have closed in a position that last time, lead us to come down a few hundred pips. The 4hr candle as already made a top wick and is in a prime position to come down .. but we are under no illusion that gold does what it wants. So lets see what the volume is like in the sessions.
Nothing bearish showing on DXY currently, so thats another reason for gold to come down further into the key level zone.
Buy and sell zones are there with a little instruction of how i would normally take my entries during periods of high volume... have a read!
As usual, ill be updating during the day, so make sure you are following on to receive notifications. Please like and boost the post too!!
Catch you tomorrow morning for the london session
tommyXAU
Ok so we have closed in a position that last time, lead us to come down a few hundred pips. The 4hr candle as already made a top wick and is in a prime position to come down .. but we are under no illusion that gold does what it wants. So lets see what the volume is like in the sessions.
Nothing bearish showing on DXY currently, so thats another reason for gold to come down further into the key level zone.
Buy and sell zones are there with a little instruction of how i would normally take my entries during periods of high volume... have a read!
As usual, ill be updating during the day, so make sure you are following on to receive notifications. Please like and boost the post too!!
Catch you tomorrow morning for the london session
tommyXAU
Note
updated buy zone Note
Price is loitering around this level and keeps threatening to push down to target. New 4hr will open in 25 mins so im expecting a bit of a push upwards. Look for reversals around the target level
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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.