Good evening gold gang! hope you are well and survived todays price action.
We started off with a 100 pip fall down to the key level in asian session .. the first in a while with any volume. Then a correction in London followed by a push through for a total of 400 pips of movement, 300 in once direction.
A nugget here for you guys, Gold normally moves in corrections. What i mean by that is if it runs one way in london, you will usually see the reversal in NY. shh. Dont tell anyone
My zones and targets were met, but not tradable as the price action did not line up. The 1m strategy, which im calling Gold Gang Concepts, did well and i managed to bag a few pips with it. Not bad.
Ok the zones for tomorrow .. the buys are very nice with clean traffic to the left .. nothing to stop it hitting target should we get a close up there.
Sells a little further away at 1944 to allow room for anything untoward in asian.
We are ignoring the spike up from Monday as ive put on the charts.
Ok gang happy trading .. shoot me a comment if you have any questions and follow along for constant updates during the day.
TommyXAU
We started off with a 100 pip fall down to the key level in asian session .. the first in a while with any volume. Then a correction in London followed by a push through for a total of 400 pips of movement, 300 in once direction.
A nugget here for you guys, Gold normally moves in corrections. What i mean by that is if it runs one way in london, you will usually see the reversal in NY. shh. Dont tell anyone
My zones and targets were met, but not tradable as the price action did not line up. The 1m strategy, which im calling Gold Gang Concepts, did well and i managed to bag a few pips with it. Not bad.
Ok the zones for tomorrow .. the buys are very nice with clean traffic to the left .. nothing to stop it hitting target should we get a close up there.
Sells a little further away at 1944 to allow room for anything untoward in asian.
We are ignoring the spike up from Monday as ive put on the charts.
Ok gang happy trading .. shoot me a comment if you have any questions and follow along for constant updates during the day.
TommyXAU
Note
updated sell zones Note
price still in range .. possible break into buys coming soon. Waiting for news Note
Boop .. target destroyed.Congrats if you took this. Pinpoint accuracy. Note
another fantastic day trading the yellow!! .. Thanks for sticking around gang .. back later tonight with the outlook
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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.