But to me when open and close are so tight it means nothing by itself.
Where it appears in a pattern and in relation to support and resistance levels are far more important.
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
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DislikedEuro looks like it's trying to break north. Gold is bobbing in a 5 USD appx range. Not bad for scalpimg.Ignored
Disliked{quote} Doubtful will see much movement today, especially with scant news and U.S. holiday weekend beginning tomorrow.Ignored
Disliked{quote} Jay_ - Gold has pulled back a bit. Also as we are discussing here, I would not expect too much today either sure it could go lower, or it could waver, stay on support then rise. The news should help a bit with direction today.Ignored
DislikedWelp if this is any precursor to the day, we will likely close @ the open! ~~Ignored
Disliked{quote} Don't see any validity or interest rather for 1370 - where are your fibs pulled from? I'm using the weekly fibos from 1920 to 1180Ignored