PA is yet to get to 4000 proper today; 4000.26 infact. It's instructive to bear this kind of fact in mind. It will be hard for any reversal to take place without getting there.

Gold with No Drama

The latest hi on M15 has just beeb breached by the bulls even when they are still under the sack. The implication is that the bulls can push back the bears up to 4028

Gold with No Drama

Congrats.

Gold with No Drama

From 4042 back to 4055? Unfortunately for the bulls, H1 is closing in the next 2 minutes and there is no way it will close bullish

Gold with No Drama

4021 is now on the radar

Gold with No Drama

The truth is that the odds are in favour of the bears

Gold with No Drama

We're back to 4055. Looks like, whoever captures it will carry day. Come on bears, come on bulls!

Gold with No Drama

The bulls are losing grip

Gold with No Drama

Did you trade last Friday? Today is better.

Gold with No Drama

Quietly but steadily, PA has crawled back to Fib 50, ie, back to neutrality

Gold with No Drama

On this thread, I'm not sure that we have given 4055 the respect it deserves as a fortress

Gold with No Drama

The bulls have lost steam. PA now at Fib 23.8 of the London Swing. Are we on our way to 4021 or will the incoming American session say otherwise?

Gold with No Drama

One thing is clear. You are an experienced trader. Goodluck.

Gold with No Drama

As at now, you've made 40 pips but don't you think it's too early to go long. The H1 candle is not bulls-friendly at all

Gold with No Drama

We now have a new London Swing: from 4081 to 4046. Unpredictable Gold has crawled past Fib 38.2 and is attempting Fib 50 at 4063.

Gold with No Drama

If I were in your shoes, I would have booked the 250 pips when PA hit 4048, given the erraticity of Gold. In any case, the long bearish M15 candle is not any encouragement to the bulls but the next M15 close will tell a lot.

Gold with No Drama

So, the trip to your 4050 has begun. But let's see what 4064 has to say about it

Gold with No Drama

Fib 50 is at 4066. If M15 closes below it, the bears can start singing

Gold with No Drama

PA has shifted from Fib 81.0 to 68.1 of the London Swing: still bullish.

Gold with No Drama

From my own perspective, I don't think Gold is in a hurry to go back to 4050. But let's see.

Gold with No Drama