JOHNDOUGHFX

JOHNDOUGHFX

Hello, everybody and welcome to VANGUARDFX Capital , today we are going to look at XAUUSD, - XAUUSD broke 4H structure at 1757 - I am expecting it to re-test broken structure, I expect a pullback to 1752.5 - 1757 upper structure - After which it can come back to 1737.5 - Overall gold is in a temporary pullback phase and is not bullish as yet, we still have...

JOHNDOUGHFX Updated 

- Price has been in a sell off and seems to be selling heavy - I took sells this morning before London open at the retest of 1799-1800 Support turned Resistance, I have just closed my sells at 1780 - At the time of writing this price has broken through a 4H support level between 1785-1790 (look to the left), it could come back to retest this area - 1780 is a...

JOHNDOUGHFX Updated 

- Pre FOMC price sold off into the 1830 support as indicated yesterday - FOMC took prices down all the way to our support level at 1810 - Keep in mind interest rates remain the same, so there has to be a rebound rally - 1810 is not a strong support, but if it holds, I expect price to bounce to 1825/1830 levels and thereafter 1850/1860/1870 levels - Today we have...

JOHNDOUGHFX Updated 

- Breakout took place yesterday and our target was met, Beautiful Trade!! I hope you guys took profits off the market!! - Today I am expecting a pullback into the 1838-1843 area - FOMC could even do a deeper pullback 1828-1830 area - Target remains the same, 1860-1870 levels - Be careful trading FOMC, I suggest you trade after news, Don't blow your account and...

JOHNDOUGHFX Updated 

- As you can see I have marked out multiple support zones on the 4H, Gold is heavily bullish looking at Price Action, it does not want to go lower, any low dips are being bought up - Price seems to be holding the 1837 levels - Taken longs from the last spike down @ 1835 pre NY , these are risky buys, I have placed my positions at BE - Targets remain -...

JOHNDOUGHFX Updated 

- PRICE HAS STAYED WITHIN THE 1831-1841 RANGE - Expecting a pull back to 1828-1830 - If price dips further expect it to retest last week's breakout area of 1818-1820 - FOMC this week and I am expecting Gold to go higher into 1850-1860

JOHNDOUGHFX

- Retested Structure, Gold is Heavily Bullish - Bulls could be preparing to step in from these levels to go to 1850 and above - It's Friday so don't give back profits to the market, bag them - I am personally holding longs from NFP & FOMC