The second hurdle for the bulls is at 4275 and the third at 4298

Gold with No Drama

The second hurdle for the bulls is 4275

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At present, the bears need to recapture 4263 to regain control

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The bulls have woken up. They have cleared the first hurdle. Two more hurdles and they are home.

Gold with No Drama

Inside bar on M5. I'm taking the chance. Buy Stop at 4291, SL 4284

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M15 has just closed bearish, meaning that the bears are still lurking around. But for how long?

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PA has just kissed the EMA5L on H4 at 4288. So, we should expect some northward moves from this area

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It must be stated that at the moment, PA is bearish but it is early morning yet

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The first FIB Swing of the London Session is now formed with the hi at 4309 and the lo at 4293. Come on, let's see what happens from now onwards

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The bulls have just managed to push PA to 4085 and are battling to hold ground. If in the next five minutes, PA closes above the M15 average (4078), then they have a chance but if it closes below then that would be the last hurrah by the bulls for ...

Gold with No Drama

For the past 5 hours the bulls have puffed and huffed to overcome the M15 average, which is currently at 4078, to no avail. In other words, the trip to the South is now inevitable

Gold with No Drama

For the past 5 hours the bulls have puffed and huffed to overcome the M15 average, which is currently at 4078, to no avail. In other words, the trip to the South is now inevitable

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Have taken the 30 pips at 4065 where EMA 5L on H4 is sitting. Let's see how far it can propel the bulls before re-joinig the bears' train

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Interestingly, H1 just closed looking bullish. The reason could the agitated aggressive push by the bulls when PA swung down to 4050. But make no mistake about it, the bears are now in charge

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You won't be needing anyone's help if the market believes that the impending doom tonight as indicated by Uncle T is true

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Short 4068. The bears have announced their presence heavily

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The bears have stopped the bulls from getting over Fib 23.6 (Asia) at 4520. So, 4500 is now beckoning

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Another new lo at 4512. Hope this is not becoming a rout. Did I read somewhere that Iran has attacked the US base is Kuwait?

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The bears have given us a new lo at 4515. However, they have a job on their hands to push it down further before the London Open

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The bulls have fired another warning shot but they have to recapture 4525 before they can begin to see clearly

Gold with No Drama