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- Obdyx2 replied Jun 19, 2026
M15 has closed below its average at 4157, with the Slope unchanged. Time to close any outstanding shorts
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
The bulls have managed to push PA across Fib 50 (4150) and are currently battling with EMA 10/M15 at 4152. If they can prevail here and close above 4157, where M15 average and Fib 61.8 are sitting, then they have a chance otherwise we are heading ...
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
Sell Stop 4142. Will also short if it retraces to 4152
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
So, we're now in Bears' territory. A close below Fib 38.2 (4143) will be the icing on the cake. But don't rule out what might turn out to be a feeble trip to the North
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
Fib 50 of the London Swing is at 4150. If M15 closes below it, then the bears are back
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
I won't be surprised but at the moment, we are at the bull's territory, Fib 61.8 of the London Session Swing.
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
Seems that I have the last laugh. Anything from 100pips is okay for me. I believe in little drops of water amounting to a mighty ocean
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
Are you saying that you will be surprised to see PA get to 4180 in this London session and beyond? To me, Trend is relative. To one trader, the focus might be D1 and W1. To another, it can be M15 or even M1. For instance, there is a green candle on ...
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
The bulls are now in charge but they have to overcome 4180 before bragging
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
Exited at 4162, a KL. Will enter another long if the next M5 close says so. This time 4165 shall be the TP
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
At present, the bulls have scaled the second hurdle (4150). The ultimate remains the third at 4180
Gold with No Drama
- Obdyx2 replied Jun 19, 2026
Yesterday, it was the London Session that crashed PA. Let's see if the reverse will be the case today. London has produced a standard Swing of 120 pips already. So, I'm waiting at 4161 and 4148 with Limit orders
Gold with No Drama
- Obdyx2 replied Jun 18, 2026
Something is not right at the moment. The bulls have cleared the first hurdle and appear on the go. But H1 has closed bearish! Under this kind of situation, TA says: do nothing.
Gold with No Drama