Ouro/Dólar AmericanoViés de alta
XAU/USD Market outlook
We've seen market price go from the 2050.00 price down to the 1950.00 price range this month, presenting an abundance of opportunities within every candle printed. I am interested in seeing areas of liquidity be filled at around the 2000.00 price as well as the 2025.00 price level. These are key price levels and I would not be surprised to see the market push back up to those areas of interest.
I will be looking for buy opportunities as the market continues to create new highs. Looking at areas of imbalance above previous higher lows is key and how price reacts at those price levels will determine when I take my entry. Nonetheless what remains most important is to execute with confidence in my abilities, remind myself of probabilities (the numbers game), and follow through with proper risk management.
On the higher time frames (Daily, Weekly) you see the value of the dollar crushing through previous highs and closing at higher price values. That could result in the price of Gold to continue to push down as they directly correlate , therefore it is important to take it day by day and remain disconnected with any given bias. Anything can happen. I do see the price of Gold breaking past previous lows on the higher time frames, but think a push up to the 2000.00 price level would precede that next sell off.
On the smaller time frame I see XAU/USD pushing up, and being that I focus on the intra day opportunities I will be looking for buy opportunities in this market.
Change is inevitable and it is essential to adapt with whatever the market presents.
MM
I will be looking for buy opportunities as the market continues to create new highs. Looking at areas of imbalance above previous higher lows is key and how price reacts at those price levels will determine when I take my entry. Nonetheless what remains most important is to execute with confidence in my abilities, remind myself of probabilities (the numbers game), and follow through with proper risk management.
On the higher time frames (Daily, Weekly) you see the value of the dollar crushing through previous highs and closing at higher price values. That could result in the price of Gold to continue to push down as they directly correlate , therefore it is important to take it day by day and remain disconnected with any given bias. Anything can happen. I do see the price of Gold breaking past previous lows on the higher time frames, but think a push up to the 2000.00 price level would precede that next sell off.
On the smaller time frame I see XAU/USD pushing up, and being that I focus on the intra day opportunities I will be looking for buy opportunities in this market.
Change is inevitable and it is essential to adapt with whatever the market presents.
MM
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