Inside bar on H1. So far, it appears PA is rejecting the down-side of the inside bar meaning it will target the top of it

Gold with No Drama

This is why many people don't trade Gold at this time. PA up above Fib 61.8 in one swoop but immediately crash-landing to below Fib 38.2 in another. Talk about inconsistencey but the Hourly is the let out. It is saying the PA will get above its hi

Gold with No Drama

The bulls are mounting a late come-back. Beginning from the London Session to New York Open until now they have been on the receiving end. But they're now above Fib 61.8 of the New York Session. In other words, the New York Hi at 4760 is now on ...

Gold with No Drama

Bullish doji on H1. Barring the unexpected, that should be it for the bears today

Gold with No Drama

H4 has closed, very bearish. Meanwhile, Daily Pivot S2 is at 4704 while Weekly Pivot S38 is 4696 Also, a Key Level is at 4690

Gold with No Drama

Hello 4700. But before then, 4713 has to give way

Gold with No Drama

The bears are at the verge of capturing the bottom of the M30 Inside bar that is at 4727

Gold with No Drama

4736 is a key level. If the bears manage to oust it, then they are home

Gold with No Drama

The battle has shifted to 4740, Fib 50 of the mini-Swing

Gold with No Drama

On the main Swing, M15 is finding it difficult to get to Fib 38.2 at 4751. So, the pendulun is beginning to swing to the bears

Gold with No Drama

On the mini-Swing, PA is hovering around Fib 50. So, no direction yet

Gold with No Drama

Still dicey. M30 bullish though an inside bar. Whoever takes the top or bottom of the inside bar will seal it

Gold with No Drama

The battle of 4750 is now raging. Who will win it? The bulls have a slight edge

Gold with No Drama

Bullish Engullfer on M15! If the bulls manage to wrestle 4750, then northwards we go PA is now above Fib 38.2 of the New York Swing. Fib 50 is at 4761

Gold with No Drama

PA has gone back up to 4750,which is still below Fib 38.2. That's a pointer that we might see 4700 soon

Gold with No Drama

M15 has closed below Fib 23.6 of the New New York Swing. So, further down we go

Gold with No Drama

The bears are re-asserting control. PA is now below Fib 38.2 of the New York Swing

Gold with No Drama

At the moment, PA is undecided H4 - Bearish H1 - Bullish M30 - Bullish M15 - Neutral M5 - Bearish

Gold with No Drama

The bulls have surrendered. Let's see what the bears make of it

Gold with No Drama

Now at 50. Surpass 38.2 and nobody will doubt the bears any longer

Gold with No Drama