Current resistance area seems to be 4270. A break above (not just flirt with) opens the road back to 4300.

Gold with No Drama

if the bulls are done for a while the 4300-4320 area would be great to dump from again. goes above 4330 then its back to retesting the ATH

Gold with No Drama

defo! gold been on a bull run so long we all forgot the bears even existed! (albeit last friday's dump)

Gold with No Drama

exactly! usually London keeps it contained to around 500 ish.. question is

Gold with No Drama

any idea what is causing the drop ? data or news?

Gold with No Drama

Away from my desk for the last 5 hours and just seen this crazy uptick in gold today! WTF is going on? was expecting only 4300 if the 4260 area broke seems like 4400 could happen overnight. Just as well I held onto my longs anyway back to the match ...

Gold with No Drama

NYO punching the bulls in the guts there. But it could be a liquidity for a move up.

Gold with No Drama

Morning all, the resistance zone this morning and even overnight looks to be 4260 which is pivot point

Gold with No Drama

Looks like today’s high might have already printed.. 4260 not breaking

Gold with No Drama

Be interesting to see how we open today. There was a pretty decent move up after the lows of the day. Was it a correction I’m not sure, there is scope to reclaim 4300 again if not tomorrow later on in the week. Geopolitical concerns may aid the move ...

Gold with No Drama

should help gold screw us up too

Cable Update (GBPUSD)

Have a good weekend folks! See ya on the other side!

Gold with No Drama

If and that a big if we close above 4300 then next week might be interesting for the bulls. Today shows there is a lot of appetite to correct. 4350-4400 might be tops. Remember the rate cuts are priced in, something has to trigger a decent sell off

Gold with No Drama

Will read up on it.. cheers the news usually does move it. I see today as profiteering

Gold with No Drama

i have a long at 4365 for just holding to see where it will end up at the end of the week. We may see a move back up later too, but also we had some crazy ass move late last night too. a lot of factors and potential correction areas too.

Gold with No Drama

big time.. doesnt look as if 4250 will hold either

Gold with No Drama

NYO dump started

Gold with No Drama

trapdoor definitly open! as usual will hold on. been a decent week so far, even if i take a hit i will still be in profit

Gold with No Drama

London Session definitly with the bears today. 4400 seems a distant one for today, maybe NY will take us back to the 4350 area if the bulls wake up.

Gold with No Drama

That was a decent liquidity grab! Should have gone short instead of long for my trade. It’s fryday crazy batshit things happen. Anyway trade intact and we are looking northward bound again it seems.

Gold with No Drama