Explains the reaction.

Gold with No Drama

Awaiting data. Price above weekly vwap and below the daily vwap. Sorry for the messy chart. It just shows initial balance. We already broke above to the 1.5 deviation. I think we will wait for the data to see where NY takes us. NFP will be wild this ...

Gold with No Drama

Data coming out soon. JOLTS at 10 est Gov shutdown could be a catalyst.

Gold with No Drama

Weekly vwap held on first test, back to NY session vwap to balance. Let's see what NYSE open looks like.

Gold with No Drama

Super over simplified bias of mine is based on the fact we are currently under the weekly vwap which is the first red line and the daily vwap is the red one above that. I'm more bearish until we break above the weekly.

Gold with No Drama

Liquidity grabs. I will keep an eye.

Gold with No Drama

Right now the 30min lows are being protected.

Gold with No Drama

Short scalp. Will watch initial balance be set and either scalp the move or vwap wave. Watching. Still learning gold.

Learn to Swim

Short scalp. I can see some upward move-retracement before we continue. I'm unsure and will watch the pit open for an hour and decide once initial balance is set on futures.

Gold with No Drama

Good morning. Waiting on CME open for gold.

Learn to Swim

What a nice signal the weekly gave us previously.

Gold with No Drama

Have a great weekend everyone. I will likely do more journaling next week. I may focus more on gold than Nasdaq. We will see.

Learn to Swim

I agree with your sentiment. Have a great weekend everyone.

Gold with No Drama

Absolutely. I use a defined sl and tp, sometimes I get in and out and sometimes I get chopped around. lol I think levels are key. I like pullbacks in the ema for continuation etc. Best of luck to you.

Gold with No Drama

On the 1 min from the high I watch the delta and I look for the break of the 24ema. I also have a heiken ashi chart. I use several indicators all based on delta which is available on futures so it's pretty accurate. When price is making highs I look ...

Gold with No Drama

Ok guys, a better chart for those areas I was watching. I'm a scalper not a swinger so I couldn't say how long the bulls will have it or if it will turn again. Good luck to you all. Money to be made in shorts as well.

Gold with No Drama

Ok we hit that level. 30 min candles from previous day has a lot of upper wicks. I think the sell pressure will increase from here gradually. My guess.

Gold with No Drama

Buyers jumped back in. Still some divergence but I have a feeling we will go for the high of the 24th at lease.

Gold with No Drama

Everyone has to find their own way, take their own trades. I'm new to gold so I appreciate others views.

Gold with No Drama

I failed to take into account the data release. I'm sure that helped the push.

Gold with No Drama