4714 is first bump for bulls

Gold with No Drama

given everything which happened overnight plus if the CPI confirms what I think, there would be no come back.

Gold with No Drama

quite accurate

Gold with No Drama

Gold at intraday support 4690, if it breaks here, no point thinking about 4800 anymore.

Gold with No Drama

4770 should bounce down a bit.

Gold with No Drama

sorry but this is no teaching thread

Gold with No Drama

markets can do that, what they cannot do is to stay in that condition for very long time. It's a feature of all financial markets.

Gold with No Drama

of course there is but not to be used like amateurs do.

Gold with No Drama

On H1 is overbought, hence the bounce

Gold with No Drama

It does not have to be today, market now is overbought H1... Gold does not like overbought for too long

Gold with No Drama

That has not changed

Cable Update (GBPUSD)

You need to stop following amateurs I would not hold any shorts until 4820 is met, after that, maybe.

Gold with No Drama

image

Gold with No Drama

target for double bottom

Gold with No Drama

Gold just took off 4800 and beyond

Gold with No Drama

solid

Gold with No Drama

4815 most likely destination

Gold with No Drama

Eu resistance 1.1780

Cable Update (GBPUSD)

head and shoulders pattern H1 and inverse H4 with clear invalidation points

Gold with No Drama