XAUUSD Analysis Update Following a bullish CPI takeoff breaking through the key S&R and completing the trend validation structure with a pivot off the top side we could now see gold take a rest and pullback to the identified zone before either continuing the descending channel to push for lower lows or reject off the dynamic s&r midway and break out above the descending channel back into the long term ascending channel creating a trend validation and new higher low for the overall cycle
Goldtrader
GOLD (XAUUSD): Intraday Outlook & Trading Plan 🥇
Update for Gold.
Earlier, we spotted a confirmed violation of a key horizontal support.
Retesting the broken structure, the price formed a narrow horizontal range on a 4H time frame.
Its support breakout - 4h candle close below 1931 - will give you a strong intraday confirmation.
A bearish continuation will be anticipated to 1923 / 1916 levels then.
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GOLD (XAUUSD): Important Bearish Confirmation?! 🥇
This week wave very bearish for Gold.
Since the market opening, the price was steadily falling.
I spotted a confirmed structure violation on Friday -
the market closed below 1942 - 1971 demand cluster.
It turned into a strong resistance now.
I will expect a bearish continuation lower to 1910
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XAUUSD Check this buy zone .. Good evening gold gang! another amazing day on the gold chart smashing buys and sells in all sessions where price has followed my analysis to the TEE! .. amazing
Its that time again .. its BIG FRIDAY here on the gold chart where we see some tasty moves and hopefully some tasty profits to cap off the week
best play for me will be the buys just underneath the algo at the 4hr zone. Very strong probability zone .. so if it taps .. should get a great bullish reaction there
sells below that zone if it breaks through it .. and any buys at the top of the chart.
All algo zones are ready for taking scalps from should the moves allow .. we got red folder news in NY session so that normally gets us our algo bounce trades
Lets go gang drop a banana in the comments if you are ready to finish off the week strong with me 🍌
follow, like and boost
your mate
tommy
XAUUSD Recovered the losses with algo bouncesGood evening gold gang! a much better day on the charts today for gold .. we had some nice movements (not too crazy) and able to capitalise on them using my algo levels
Finished the day in small profits and recovered the terrible day yesterday trying to catch bounces.
Ok so whats going on ... currently we are reacting from a strong daily level. Its likely price will hover around here until close so im not expecting anything to come of it.
Next algo below is great for buys if we can jump down there. One above bounce sells are also a great play.
unemployment news tomorrow in NY and later on we have powell back in da house .. so we should get some pushes at some point no doubt
follow, like and boost guys thanks so much for hanging out with me
catch you in london
tommy
GOLD (XAUUSD): Important Key Levels to Watch Next Week 🥇
Here are the important key levels and my latest structure analysis for Gold
for next week.
Resistance 1: 2005 - 2011 area
Resistance 2: 2034 - 2048 area
Resistance 3: 2063 - 2067 area
Support 1: 1942 - 1970 area
Support 2: 1810 - 1820 area
Consider these structures for pullback/breakout trading.
Good luck next week!
The analysis was great, but i got rektGood evening gold gang! Hope you are all good and survived todays blood bath!
As predicted in the analysis .. bears are well in control and pushed price all day other than NY open. The market never gave me a decent opportunity to get in the sells as it kept bleeding .. so this left me waiting for the pull back to capitalise on.
I chose my moment and price continued down through, where we would normally pull back .. and sent me into draw down for a good hour .. which is not how i like to be treated at breakfast time!
I managed to claw back the position to a normal sized loss. Risk management is paramount!
Anyways .. ill not dwell .. im only 1.1 percent down on the day. Lets crack on!
Price now is hovering around the algo with no clear direction currently. I have marked out a buy zone at the algo 1963 .. to take buys up. If that zone fails, then i will take sells down .. closure required.
My algo bounce buys and the bottom would be a great play for me if we make it there
bounce sells at 1973.
Lets have a better day tomorrow! its hard, but you have to put the losses behind and move on using the same strategy
follow and drop a gosh darn like!!
love you all
tommy
XAUUSD the bears are stepping in 📉Good evening gold gang!! hope you enjoyed this messy day of price action!! I was stopped out twice today and as per my rules, i stopped trading. I still called some in the group though which ran nicely .. woo
We have opened bearish this week making our way down to the next weekly level of 1955 area .. so ill be focussed on those sells mainly! .. algo bounce buys are totally fine by me in the mean time
Currently no decent trade levels other than the algos so we have to wait for price to play out a little. Im expecting the algo level 1973 to be tapped either in the last hour or in asian session.
Other than that .. lets hope tomorrow brings some decent price!!
follow and like this guys it helps me more than you realise
catch you in london
tommyXAU
GOLD (XAUUSD): Important Key Levels to Watch 🥇
Here is my latest structure analysis for Gold.
Resistance 1: 2005 - 2011 area
Resistance 2: 2034 - 2048 area
Support 1: 1942 - 1970 area
Support 2: 1810 - 1820 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
XAUUSD Bounce sells at the open?Whats up gold gang! hope you are all well after yet another great day on the charts! Starting with last nights analysis playing out beautifully with asian sells and buys from the zone .. amazing work for those who grabbed
We have closed right at the algo level that has been respected all day .. so we could bounce right at the open for scalp sells! so stay frosty .. sells at 1982.85
other than the bounce, a strong close above the algo 1982 would see price move back up into the messy range .. so i would avoid it here as best i can. Anything above 1993 would be better or a bounce sell at that algo 1993
ok gang lets see what we get at the open!! ill be up and ready to see myself so comment on your thoughts!
follow along! dont miss out
catch you in london
tommy
XAUUSD We are in the buy zone .. pls read Good evening gold gang! hope you're well and had a good day! .. again i took some great wins following my analysis and a couple losses too! its all part of the game
Right now we are in the buy zone ive had marked up .. im hoping now we move up during the asian session ... failing that .. a close on the hour higher, below the algo to take sells down to the next buy zone
algo bounces are always in play gang so dont sleep on those!! they are an easy ticket to quick pips so stay sharp around them!
hello to all the new followers!! im tommy and im an ex construction worker from the uk whos bettered his life by finding trading and spending all my time trying to master gold. Im doing a pretty good job!!
catch you in london
tommy
XAUUSD another perfect analysis good evening gold gang!! hope you are good and caught some great moves today!
We got the pull back and the buys from the algo as forecast today and we then ping ponged from the algos in a 100 pip range in the NY session. This created great opportunities for buys and shorts as the algos were tapped .. congrats if you got in
i would like the 1993 algo to break next with a move down to fill fridays big move .. to then take buys down there in the zone at 1983.
failing that buys above the range are available to target new all time highs in november
nice and simple guys! .. follow along to be updated during the day
catch you in london
tommyXAU
GOLD (XAUUSD): Important Resistance Ahead! Your Plan 🥇
Gold suddenly bounced on Friday.
The price is currently approaching a solid horizontal resistance cluster.
Watch carefully 2005 - 2010 area next week.
If the market breaks and closes above that on a daily,
it will be a strong bullish signal.
A bullish continuation will be expected at least to 2034 level.
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XAUUSD Here is where im buying 📈whats going on gold gang!! well we got the pull back today as forecast last night .. well done anyone who follows my analysis there. Missed the perfect algo touch buys which im sad about but not to worry! We caught a cheeky gamble on the news instead hah
Id like to see gold come down to the 63 algo to take buys up to attack the liquidity up above at the 1983 algo .. lots of orders there ready to be snatched .. id then like price to get to the 2000 as ive been expecting
Algo bounce sell scalps on the way up too will be great trades to top up the account .. just dont get greedy with them!
no major news for us during the sessions until later on, so im not expecting fireworks .. unless something comes out of the warzone that will accelerate us
please follow along .. im on the road to 2000! .. i hope you enjoy my ramblings as much as i do writing them
catch you in london
tommy
XAUUSD pull back time? Good evening gold gang! .. a great day on the charts today with lots of small wins scattered through the sessions and an absolute perfect analysis from last night too .. thats what we like to see!
Price looking very bearish currently trapping buyers looking for that 2000 level .. id be happy to take sells on a restest to come down to the 60 algo
from there though id want to see buys once again to follow the trend set by the conflict
Bounce buys from the bottom algo would be amazing! ... lets see where asia drops us
thanks for all the follows! i would love to hit 2000 by the end of the year .. help me make that so!
catch you in london
tommy
XAUUSD to hit 2000 this week? 📈Good evening gold gang! hope youre well and had a good weekend.
Its time to get back to the charts, focus and ready ourselves for another volatile week on the gold chart.
Price is currently floating in the middle of the range awaiting the open .. again im expecting more bullish activities due to the on going conflict. A small retracement is likely but as we have proven for the last 2 weeks, its just been flying. Disregarding all gaps and liquidity.
I want to see that 2000 psychological level to be hit again this week. We have dollar strength coming in, which in normal market conditions would bring gold down .. so im expecting gold to hit the 2000s and then start to come down and fill all the gaps below.
Buy zone is there as well as nice sells on a break and retest of the algo .. lets see what the markets give us tomorrow!
follow and like this post guys!
catch you in london
tommy