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
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
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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.