Short Gold

Short at top of Wedge. Many shorts covered yesterday.
NFP news out in 50 hours. 830am NY Friday
Take profit at bottom of wedge or tighten stop.
Consider closing trade before NFP.

Note

Andrews Fork drawn on 15 minute chart over the large 4h fork.
Both delineate price well.
Note large green bar from October 3 appears on multiple broker feeds for spot but it is absent for futures (GCZ8 ) if anyone can explain , please comment

Note

Fifteen minute chart still working very well for last two weeks.
Small bounce now as expected prior to London opening

Note

Today price is following Andrews Pitchfork lower.
Point A is October 4 https://highhttps://www.tradingview.com/x/xJfdy0Dr/

Note

Alternative slope is dominant today

a1Keith

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a1Keith