Gold Spot / U.S. Dollar
Updated

XAUUSD Outlook 24/3/23. Still no bearish confirmation!

740
Good evening gold gang!! hope you had a good trading day with both buys and sells valid for entries. First the sells during asian session into london and then buys in NY with news. Congratulations anyone who grabbed these .. 200 pips on offer.

Ok current price .. Im still confirmed bearish until the lower level 1954 and 44 are broken and closed on the daily. We once again reacted today from the 1954 and price jumped up. DXY is creeping up but gold is lagging behind still collecting liquidity before its decent. In my opinion of course.

Buys are looking decent to target our old friend the 1993 key level other than some traffic half way through the range. I would be taking profits at this point if buys occur.

Sells a little easier to target the 54 once again should we get down there.

Good luck guys and hope asian provides again like last night.

Make sure you follow along for constant gold updates during the day so you are notified.

Drop a like too for your old mate tommy

T
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UPDATED SELL LEVEL

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boooooom!!! beautiful close below and straight into profits. Stops rolled to BE and profits taken at 30 pips.

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