Inverted fair value gap short scalp on the 5min

Gold with No Drama

We will see if the buyers sitting just above the weekly vwap are strong enough to push back up. I would expect a break below to clear stops before a good move. Then again, we may test the 4k on the futures contract. Be safe all.

Gold with No Drama

I trade futures so my price will be different than spot. The weekly vwap is the lower blue moving average. I have 4015.2 on my 1min chart. You will have to eyeball the level. It's not exact but an area.

Gold with No Drama

If it falls below the weekly vwap which is below the lower buy area we could see the trend change....perhaps

Gold with No Drama

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Gold with No Drama

There was some headlines about Trump and Israel-PM doesn't want to renew the war.

Gold with No Drama

They just ran all the stops below the daily vwap.

Gold with No Drama

In and out. Took some heat.

Learn to Swim

It's chopping within the balance of the gold pit open. I should make a note to myself not to trade until it makes a real move. Trade safe.

Gold with No Drama

If the daily vwap holds, this could continue up. I would be bearish below the daily vwap.

Gold with No Drama

Broke initial balance low but found support on daily vwap.

Gold with No Drama

Short scalp on open towards the bottom of IB range.

Learn to Swim

Initial balance set. Middle of the range. Waiting for NY open.

Learn to Swim

Initial balance is set, in the middle of the range. Waiting for NY

Gold with No Drama

I think I'm going to preserve my capital and wait and watch. All time high again today. Tricky.

Gold with No Drama

Gold market is still in initial balance. Lot's of chop probably from the feds speaking. Middle of the range and not looking promising. A violent move is bound at some point. Stepping aside.

Learn to Swim

A lot of chop from fed speeches.

Gold with No Drama

Punched through the 1.5 dev and is coming back down. This thing is messy.

Gold with No Drama

Gold futures staying above initial balance high in a chop range for now. Exploring higher value....not at the 1.5 deviation. Slight divergence now for the bears.

Gold with No Drama