Gold Spot / U.S. Dollar
Updated

11/5/23 Outlook. We grabbed the buys!

620
Good evening Gold Gang! Another extremely odd day of price action for the yellow metal .. this range seems never ending. DXY in the same predicament floating around the key level not doing much of anything.

CPI news pumped us up 100 pips to come straight back down into the range .. we caught some buys though on the way with my updated charts .. if you want to see them make sure you like and follow to receive the updates!!

The daily candle has closed doji, so no clear direction for us. My buy and sell positions are still the same from Tuesday but the buys id like to wait for the 4hr equal highs are cleared (marked on the chart) ... 4hr highs are well respected and take volume to clear. PPI news tomorrow so hopefully clear this range for good!!

Thanks for all the new follows guys i appreciate you all and hope im helping you with you trading .. see you for london open.

tommyXAU
Note
good morning gold gang .. DXY showing signs of strength this morning which is great news for us. Lets see if we get that nice gosh push to the downside. News at 1.30bst.
snapshot
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Price booped my level and had a strong reaction to the upside. At this point ill be awaiting the news and price can flip at any point.

snapshot
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BOOOOP congrats everyone lovely sells! .. patience pays .. been a few days no trades but this one made up for them all .. outstanding and straight to target

snapshot

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