What are the bears doing on 4880? They don't want the bulls to carress the largesse at 4900? Anyway, M30 and H1 are solidly behind the bulls.

Gold with No Drama

Are the bulls turning back? Is that a hi-lo forming on M5? If indeed there are manipulators on this market, they must not catch us unawares!

Gold with No Drama

Bulls Bulls everywhere

Gold with No Drama

Thirty minutes thereafter, the bulls are still very much awake. We keep our fingers crosseed

Gold with No Drama

Weekly R61 is at 4894. The bulls have pushed themselves to 4889. If they are unable to push PA above these areas, the bears will take over

Gold with No Drama

It's like the bulls have had their day. But we wait

Gold with No Drama

The latest H4 Swing encompasses the whole of this week and, at present, PA is yet to get below Fib 61.8. As one can see, since yesterday and today, it has been threatening to do that but EMA 200, whose slope is still positive, has to give way first.

Gold with No Drama

What figure are the bears hunting for: 4780 or 4765?

Gold with No Drama

Anything is possible in Gold. You saw what happened about six hours ago. PA was eyeing 4800 as it had got 4788. All of a sudden, it tumbled to 4753 in a flash but then started a slow but steady march upwards again. Presently, it has attained 4783 ...

Gold with No Drama

4800 is on the horizon

Gold with No Drama

The bulls have huffed and puffed but their bridge is about to collapse. For the past 90 minutes, they have flying below EMA 5 on M15. Also, for the past one hour, they have been below Fib 23.6 of the London Session Swing. The doji on H4 is an ...

Gold with No Drama

The bulls have crossed! I have exited my 4711 short at 4721

Gold with No Drama

The 9th crack at EMA 50 on M15 by the bulls is raging. We shall know the result in the next 4 minutes

Gold with No Drama

The fight is on but the bears are edging it. Hi-lo on the upper edge on M15

Gold with No Drama

The bears have carved out a new low, on the latest Swing, in the Asian session.

Gold with No Drama

On the flip side, the M15 Average, which has now shifted from 4713 to 4715, has also been a tough nut for the bears to crack. Presently, this is their 4th attempt of the day. If they succeed, they are home

Gold with No Drama

This is the 8th time that the bulls have attempted to overcome EMA 50 on M15 at 4723 presently and yet it is another failure. So, it appears as if Asia will not be able to cover the gap that is at 4741. Who knows, London may be able to do it. Bu ...

Gold with No Drama

Are we seeing the last battle of the Asian Session, on the northern side because PA is currently at the 4722 Key Area?

Gold with No Drama

Can use both. Can also choose one depending on your experience and the interplay of other candle sticks around the trend line that one is constructing

Gold with No Drama

The best attainment of the bulls today has been the Monthly Pivot at 4728. After being rebuffed to 4711 by the by the bears they came up to the Daily SI at 4722. For me, I have a Limit Order (Sell Stop) at 4710. SL 4730

Gold with No Drama