tommyXAU

XAUUSD Huge buys wow! Asian outlook

tommyXAU Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Good evening gold gang! hope you are well.

A great day today on our favourite pair .. my forecast was bang on in the asian sells and london/ny buys .. congrats anyone who got in with me.

Price is very bullish and the dxy pushing down so im expecting price to push up to the next key level IF the 4hr flips .. the flip is marked on the chart. It is a relatively small range to the next key level so use tight risk management. Safer buys above the 1993.

As for sells .. id like to see some bearish candles form within asian for then to change bias .. so sells area is marked out on the chart.

Lets hope for some nice volume again during the session .. thanks for all the new follows today! welcome to the gold gang!

tommyXAU

Comment:
Whats up gold gang! .. no buys for me until the 1988.52 is broken. Lots of traffic in that area that could easily be a reversal area. Stay frosty! tommy
Comment:
Gold buys taken exactly at the level and has hit both targets. Another amazing day on the charts. Congrats if you got in with me.
Comment:
One last update before i sign off on another amazing day .. dont be trying to guess the reversal point and go short .. let some candles play first to show you theres no buyers anymore. Too many times i see people looking for tops and bottoms. Always come in second to the markets. peace!

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