We only go bullish 4h closing above 5156 Closing below 5114.8 we keep going lower

Gold with No Drama

Can be but will be a surprise to me since daily close below 5149.5 of weekly, i am more bearish, we still have the opening and gap can override this close. However is aligned with an open like we had today that already said that tipical aim 2 ...

Gold with No Drama

Ny macro 50% 5148.313, i will wait for a breakout of the range at the open depending how daily close, but is seems bearish. The range is 5155.375/5141.250 It can avoid this average low price.

Gold with No Drama

It look like they are averaging price.. to 5139.384

Gold with No Drama

Weekly buffer that must break 5164.7 at least in 4h to bullish Daily need to close above 5149.5. Ny window breakout at 5164.095 and London at 5150.770. Isn't beautiful how closing price aligns? No bias yet...

Gold with No Drama

Partials taken... Now wait for the close and open...

Gold with No Drama

Daily need to close above 5149.5 to weekly mantain bullish, monthly support at 5105 reject price.. Gap up turning bearish play 1 open fractal deviation to the pip not 2 but that's ok, usual is more powerfull, if daily close below 5149.5 i might see ...

Gold with No Drama

And again why you have loss? Did you buy?

Gold with No Drama

Have the chance to bounce to 5140/45 and 5136 Monday open average, but caution because can not be done imediatly. This pattern aim 2 deviations or straight or testing first... This is most likely a monthly test, so the wick can take the price even ...

Gold with No Drama

Partials taken, see you later on... Open and closes matter.... Safe trades.

Gold with No Drama

Whatever Ny do the odds are expanding bearish by this close, all are pointing bearish to me, sorry guys i can be totally wrong just add one more confluence and no is not me that want to see that, because most likely will not trade anymore today. I ...

Gold with No Drama

If they don't create pivot untill Ny open, the breakout of this window is powerfull, so stops and proper risk management needed... Time to leave just whatching if they create one or not...

Gold with No Drama

And don't get me wrong, without this gap closing 4h bearish in a normal day i am very confortable buy the average to a 4h closing below 5172.315, but today i will not. I see buys also, just can not be confortable today!

Gold with No Drama

Let's resume a bit what happen, despite i already said since yesterday that could happen. We were at a median high for an weekly candle in the actual market conditions, we was at 2 deviations of fractal open, we were at the first 4h low that origin ...

Gold with No Drama

5184 taped, now the figh at 5192 ny average, but i have respect for 5184 to hold, is not the best to average price with a resistance buffer like that in that place, but they should fight for control. And we have 1h open not average and 4h, if they ...

Gold with No Drama

They will appear, we don't know is for what, if to regain control or just average losses... Can take some time but they will...

Gold with No Drama

Best price to buy after this close is at 5105 a missing monthly test, but can extend to 5032 that is the tipical target of an open like this. Nothing is granted, but.... The warning was made, unless we close a above a daily resistance no bullish to ...

Gold with No Drama

Those levels are simple candle closes. there are candles, sessions that have meaning in daily basis and repeat patterns with high consistency, i just study them and is only thing i do, read specific candles, what they do and not do.

Gold with No Drama

Just a tweak, but this 4h closing below 9am candle body 50% guys, 5208 can not be a reality, just the average... Don't be believers.

Gold with No Drama

Ok 3 positions, 2 closed and one partials 50% and let it run if hit jackpot, that i don't believe but gold is gold... Safe trades guys, going to sleep... Didn't wait for 5184 lol But will go there as average i give prior.

Gold with No Drama