XAU/USD OUTLOOK FOR THE UPCOMING WEEK

2024年10月12日

In the daily timeframe, the price reacted off the daily FVG strongly and is currently in a bullish trend.
The CPI and PPI news were bullish which saw price of Thursday and Friday move upward strongly.
I expect price to come back to fill the 4H FVG in the displacement leg before continuing the bullish trend towards the all time high and possibly breaking through it.

2024年10月15日

註釋

Price didnt tap into the 4H FVG but it reached the 50% point of the daily fvg which had the 4h fvg embedded in it. That is where i took my long entry from. But we are still bullish on XAUUSD targeting the all time highs this week so you still have a chance to gain some profits.

2024年10月16日

註釋

Done close trade
All time high level hit
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