Good evening gold gang! wow lol .. can you believe the sell off! Im used to seeing big moves but for gold to sell off like this with zero pull back at all is crazy! .. DXY is seriously pumping right now
We are approaching a very important level in my algo strategy now, so we may see a bounce, but im very aware that it can just be met with more bearish force .. so im very careful
The problem with the sells is getting in .. there has only been a couple entry opportunities for sells for me and ive missed them both waiting for pull backs, that never came
We are still profitable this week but no big moves caught im afraid
tomorrows price action is bearish on all time frames .. either an algo bounce for scalp buys or im awaiting price to come up to a level to sell again ... the price action is very clean to the left, so price can fall even harder if it needs to .. so im keeping my eye out for that
Lets see tomorrow as we have unemployment news coming out too .. lets finish the week strong with a nice big win
follow along and like for constant updates
catch you in london
tommy
We are approaching a very important level in my algo strategy now, so we may see a bounce, but im very aware that it can just be met with more bearish force .. so im very careful
The problem with the sells is getting in .. there has only been a couple entry opportunities for sells for me and ive missed them both waiting for pull backs, that never came
We are still profitable this week but no big moves caught im afraid
tomorrows price action is bearish on all time frames .. either an algo bounce for scalp buys or im awaiting price to come up to a level to sell again ... the price action is very clean to the left, so price can fall even harder if it needs to .. so im keeping my eye out for that
Lets see tomorrow as we have unemployment news coming out too .. lets finish the week strong with a nice big win
follow along and like for constant updates
catch you in london
tommy