Crazy crazy Gold has given us a new Swing from 4109 to 4073. PA is now at Fib 61.8. It was at this Fib of the previous swing that it crashed, the last time around

Gold with No Drama

I have just exited my Short of 4099 but placed another Sell Stop at 4087 because PA is pushing right back up

Gold with No Drama

Another boom. This time to the South. This is why personally I prefer limit orders as protection in Gold in place of SL. If I had not protected my 4111 trade at 4099, it would have been a disaster

Gold with No Drama

PA is now on Fib 61.8 of the London-New York Swing. Who says the bulls are not back. Long 4106

Gold with No Drama

The bears have given us a new lo for the day thus re-printing our Swing from a hi of 4118 to a lo of 4086. Presently PA is at Fib 50

Gold with No Drama

That boom that happened in the past one hour has given us a new Swing. PA has just touched Fib 50 of this Swing. If it crosses Fib 61.8 at 4108, then yesterday’s outlook will be back

Gold with No Drama

H1 has closed but with that lo-hi (south) is saying we should hold on a while for a firm decision. M15, however, is saying, North we go. Dicey.

Gold with No Drama

Once the hourly closes, we shall have a clue

Gold with No Drama

Any explanation? Yesterday, it was obvious that Gold was targetting a figure up North that it didn't get until market close. Asia didn't help matters by pushing PA downwards. This was always going to happen. But where does Gold want to get to? 4142?

Gold with No Drama

Gold at the moment. D1 - Neutral H4 - Bearish H1 - Bearish M30 - Neutral M15 - Bearish M5 - Bearish

Gold with No Drama

There is a direction. It's south-bound but that is Gold for you. Making countless counters in the process but still going the same way.

Gold with No Drama

Beautiful. I like this and have appended to the text accordingly

Gold with No Drama

Further to the technicals versus Fundamentals argement; Gold has gone down 100 pips since I made this call. There are traders that have 100 pips as their target for the day and they are fine and dandy. If one were to wait for fundamentals, one will ...

Gold with No Drama

Why is GU shooting up while Gold is going down. Most times, both go in the same direction. Any news in the offin?

Gold with No Drama

M15 has just closed, saying we are going down. Just as the bulls were gathering momentum. So, who do we side: bulls or bears?

Gold with No Drama

PA has now gotten above Fib 38.2 since the London Session began. So, we are going back up but how far, remains the question

Gold with No Drama

Have the bears had their fill? PA is shaping to go back up according to M5

Gold with No Drama

There again goes the old argument as to which one is superior, technicals or fundamentals. Both of them are important to every trader but for me, over the years I have come to the personal conclusion that technical analysis is better. For instance, ...

Gold with No Drama

London has given us 110 pips which we can work with. PA is hovering between Fib 0 and 38.2 at the moment, bearish

Gold with No Drama

H1 has also printed 3 bullish soldiers. Anyone still taking sides with the bears should beware. Buy Stop at 4163. Also hoping to get a more favourable entry downstairs with the expected pull-back

Gold with No Drama