XAUUSD Outlook 29/5/23. Dxy bullish 📈
Good morning Gold Gang! hope you are well on this surprise outlook for bank holiday here in the UK and memorial day over in the US.
I honestly thought the market was closed .. ah well here we are
Im not expecting much volume today at all .. so the levels are there really to roll over to tomorrow. Sell zone is a nice clean range for it to move down .. dxy is still bullish respecting my levels so we can expect more downside for gold.
Buy zones kind of messy there with a few wicks and that fakeout from last week .. range above is cleaner but we will need some strong news to get up there i think.
Other than that, relax guys take the day off as i think it will be quite boring and dangerous taking moves with little volume.
catch you tonight for the tomorrows outlook where we will be back to normal (thank god!)
Please support me by hitting the like button and following along for constant XAUUSD updates during the day.
tommyXAU
I honestly thought the market was closed .. ah well here we are
Im not expecting much volume today at all .. so the levels are there really to roll over to tomorrow. Sell zone is a nice clean range for it to move down .. dxy is still bullish respecting my levels so we can expect more downside for gold.
Buy zones kind of messy there with a few wicks and that fakeout from last week .. range above is cleaner but we will need some strong news to get up there i think.
Other than that, relax guys take the day off as i think it will be quite boring and dangerous taking moves with little volume.
catch you tonight for the tomorrows outlook where we will be back to normal (thank god!)
Please support me by hitting the like button and following along for constant XAUUSD updates during the day.
tommyXAU
Comment:
nothing to report gold gang .. price consolidating around the internal key level not doing a whole lot. Thats pretty much where price was left on friday .. shows the institutions arnt at work today
