XAUUSD 9/5/23 Outlook. No trade day.
Good evening gold gang!! wow what a boring day lol
very little volume meant gold barely moved away from the 2022 key level and ranged. We had the bank holiday here in the UK but even in NY the volume just was not there. These days are perfect for the brokers as they love taking our money trying to catch moves and getting flipped on lol
i took one small position in sells but i was just lucky i was at the charts at the time the candle dropped really.
Onto tomorrow, well no news folders again leading to wednesdays CPI so lets hope there is some volume. The trade areas are the same as price never got there .. as usual im waiting for candle closures in them ranges before executing.
DXY no direction yet as it too ranged all day .. so it will literally be a suck it and see kind of day.
Good luck guys, catch you in the morning
tommyXAU
very little volume meant gold barely moved away from the 2022 key level and ranged. We had the bank holiday here in the UK but even in NY the volume just was not there. These days are perfect for the brokers as they love taking our money trying to catch moves and getting flipped on lol
i took one small position in sells but i was just lucky i was at the charts at the time the candle dropped really.
Onto tomorrow, well no news folders again leading to wednesdays CPI so lets hope there is some volume. The trade areas are the same as price never got there .. as usual im waiting for candle closures in them ranges before executing.
DXY no direction yet as it too ranged all day .. so it will literally be a suck it and see kind of day.
Good luck guys, catch you in the morning
tommyXAU
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GM gold gang! .. a little volume in asian is nice to see .. lets see if we can get a close in the buy zone
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updated sell position
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hi guys .. we got a close in the buy zone but no retest or bottom wick and price rejected heavily ... only way ill take buys now is above 2032.93 .. fakeout sells ive missed as was not at the charts .. bummer