👁️ OUTLOOK
5hr chart:
30m chart:
Context 5hr: Price has accumulated above the EMAs 10,50,200. Which is exactly what we want to see. Price is also in an overall re-accumulation. Meaning I am expecting price to continue bullish towards 2431.590 area where we can look for longs.
Validation 30m: Price is looking goo and is currently in accumulation. Will wait till price gets back above the 50ema and 10ema to show money coming in / strength.
Bias: Expecting price to keep pushing bullish towards 2431.590 this week.
5hr chart:
Context 5hr: Price has accumulated above the EMAs 10,50,200. Which is exactly what we want to see. Price is also in an overall re-accumulation. Meaning I am expecting price to continue bullish towards 2431.590 area where we can look for longs.
Validation 30m: Price is looking goo and is currently in accumulation. Will wait till price gets back above the 50ema and 10ema to show money coming in / strength.
Bias: Expecting price to keep pushing bullish towards 2431.590 this week.
Comment:
👁️ Outlook Update
5m chart:
Entry: took 2 breakeven trades on Gold. Waiting for price to setup for me again expecting price to continue bullish. Last NY session of the week, good luck!
5m chart:
Entry: took 2 breakeven trades on Gold. Waiting for price to setup for me again expecting price to continue bullish. Last NY session of the week, good luck!
Comment:
👁️ Outlook Update
5m chart:
Entry: took 2 more entry's on Gold today for NY session and both hit BE. THATS THE GAME. Overall really happy with my management rules. That's gonna be it for this week, keep on the lookout for fresh outlooks on Sunday including my watchlist that will be posted here on trading view as well! Have a great weekend!
5m chart:
Entry: took 2 more entry's on Gold today for NY session and both hit BE. THATS THE GAME. Overall really happy with my management rules. That's gonna be it for this week, keep on the lookout for fresh outlooks on Sunday including my watchlist that will be posted here on trading view as well! Have a great weekend!
My expectations are still bullish on XAUUSD, once price gets above these EMAS and starts showing money coming in then I will start looking for entries on Gold.