Gold Spot / U.S. Dollar
Updated

XAUUSD Outlook 12/9/23 How to scalp 🎯

566
Good evening gold gang! hope you are all well and survived a pretty boring day in the no news markets!

Asian session saw the most volume pushing to the upside before crawling back down in london and NY

I could only trade London session today as i had a little problem with my passport that had to be resolved before a trip away this week .. so panic was on the menu!

First i saw price closed above my level, which would normally indicate a buy, however we were reacting from a clear zone to the left in line with the bearish bias .. so i advised the gang to wait on the buys and hit the sells

sure enough the sells came and bagged an easy 20 pips and proceeded to hang around the level for the rest of the no news day .. amazing work

Thats how easy it is to make 20 pips per day guys .. dont let social media fool you into thinking 1:40 RR trades ( i hate the term RR .. its irrelevant .. break your trade even .. then what is the RR? ) .. you can make a living 10/20/30 pips a day with little stress and be in and out of a trade in minutes ... its possible guys im living proof

as for tomorrow .. still bearish overall again looking at taking sells during london or ny sessions .. buy sells and reversals on the charts ready for you to copy

its another no news day so lets see what we get and be very selective! stay frosty

catch you in london

your mate tommy

Note
price is now in the sell zone .. im awaiting the pull back and retest

snapshot

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