tommyXAU

XAUUSD Trade idea .. gap up at open ?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
good evening gold gang! .. some terrible news from the middle east this weekend where conflict is breaking out .. this can lead gold to gap up where the big players are shifting their wealth into gold to protect it while at war .. im expecting a gap at the open

We have a clear break of structure to the upside in gold for the time being, so im expecting us to pull back slightly here in order to take buys up.

the zone marked in white is a great spot to buy from with ltf confirmation .. im algo looking at algo bounces as usual .. this time im waiting on my indicator with the confirmation .. lesson learned from friday where we sat in DD for too long

other than that, lets see how price unfolds during the session .. lets see what we get from tomorrow.

follow like and boost this post guys! lets get me to 2000 followers!

catch you in london

tommy


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