The bears have a strong presence at Fib 50 but once the bulls overcome it and conquer Fib 61.8, which is hosting EMA 200/M15 at 4711, then it is Bon Voyage. The question will then be if they can get to Fib 161.8 at 4730, which is also the Asian Hi ...

Gold with No Drama

They’re back! The bulls. M5 has closed above London Fib 50. Fib 100 at 4722 is now threatened

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Bulls now on Fib 38.2 of the London Swing and heading to Fib 50

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They are waking up. Bullish Engulfer on M15

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PA is presently at the Daily Pivot. Let's see if it can propel the London bulls into action. They have been docile since the London Open signed in since 4 hours ago

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London has joined the frey with 6 pips in the bag after 30 minutes. Will they surpass Asia? We shall find out

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That's nice. Didn't know you are that powerful

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The bulls are now aiming for that hi. Let's see how far they can get to. The bragging right is now with the bears

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PA now down Fib 80.1 of the Asian Swing. The bears are here!

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Wise decision

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My feeling is that the bulls will have one more push at it but that will be all for Asia

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Is 4730 about to become Asia's hi for the day?

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4725 is not a walk-over for the bulls after all. The daggers are drawn. The fittest will have it

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So far, the Asians have given us a Swing of 57 pips with the hi at 4729 and the lo at 4672. At present, the bulls are trying to achieve what the bears couldn’t do when they were on the saddle at the beginning of the day. When PA got to 4675, the ...

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The bears have given us a new low but more is expected

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The eyes of the bears have lit up but they are still rooted at Fib 23.6 of the Asia Swing. Take out Fib 0 at 4680 and they can start dancing

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Soon, we shall see a direction. Whoever takes the charge of the inside bar wiill be in control. at least, for now. Come on bulls, Come on bears. Let's have some action

Gold with No Drama

Good evening colleagues. Asia has opened with a bang: 17 pips southwards with the first M15 of the week closing bearish. The next M15candle is also the first inside bar of the week. PA is currently perching at a mini-KA, 4686. Where does it go next? ...

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Yesterday, New York's hi was 4743 but they have just given us 4740 today. From the look of things we are going higher. Daily Pivot R2 is at 4741 while EMA 200/H1 is at 4747. Gold loves H1 and so 4747 might already be in the bag.

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New York has just given us their hi, so far, at 4717. Asia's was 4711 while Frankfurt's was 4718. They have also given us a Swing of just 27 pips with PA still hanging around the Fib 80.1 area. We might see more of New York on the upside

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