XAUUSD Asian session outlook, high risk buys?
Good evening gold gang, hope you've had a good weekend
OK market open, asian session outlook .. tricky one as the market is still very undecided. DXY bounced from a very important level which should indicate price to continue bullish as dollar is moving down.
Previous daily candle is close to its own flipping point which would mean a nice selling opportunity too all marked on the charts.
Ive marked on there a high risk buy opportunity .. its high risk as its in the middle of the range and can be prone to fakeouts .. so if you are in, use tight stops. A safer buy is from the top level to ride onto the 2000s
Lets see if we get the 2000s and a strong close in that area at the end of the month. It will be very interesting if we do! .. someone say all time highs?
see you in london session
tommyXAU
OK market open, asian session outlook .. tricky one as the market is still very undecided. DXY bounced from a very important level which should indicate price to continue bullish as dollar is moving down.
Previous daily candle is close to its own flipping point which would mean a nice selling opportunity too all marked on the charts.
Ive marked on there a high risk buy opportunity .. its high risk as its in the middle of the range and can be prone to fakeouts .. so if you are in, use tight stops. A safer buy is from the top level to ride onto the 2000s
Lets see if we get the 2000s and a strong close in that area at the end of the month. It will be very interesting if we do! .. someone say all time highs?
see you in london session
tommyXAU