Gold Spot / U.S. Dollar
Updated

XAUUSD Outlook 7/7/23 London fake out??

834
Good evening gold gang! What a day!! huge moves forecast and caught by you guys. Classic breakouts and reversals were on the menu.

Ok what do we have coming up for the last day of the week.

Sells are still my preferred as price is still making its way down on the monthly. A pull back is likely from here up to that level and into the range.

London session fakeout would be amazing .. this would see price pushing up above the level there thinking we are going long .. for then for price to reverse and drop. Wait for the retest of the level on the sell side and smash that red button.

buys sells and reversals are on the charts .. last night i drew exactly what i wanted to see as the candles formed and they did just that .. so go back and see that chart if you missed it.

reversals have been very lucrative lately for me .. im basically looking for a 5m engulfing candle that breaks a little structure and a retest .. thats it. simples.

ok guys thats it from me .. if you're not following .. you are missing out. Hit follow now!

catch you tomorrow morning

tommyXAU
Note
ok guys we got the pull back as expected here .. waiting for news at 1.30 now

snapshot
Note
Boop. Target destroyed and a huge reaction from my level. What an amazing week!! Thanks so much for hanging out with me. Catch you monday

snapshot

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