gold

thesis is long, invalidated if unable to hold above pdc at 2755. AM BSL taken out already this afternoon. Gap as been filled from yesterday. 2757.6 will be the telltale if we want to continue to push towards 2760, and London BSL toward all time high. If AM BSL is unable to hold then look to short toward AM SSL AND ASIA SSL. Daily was able to defend 10/25 lows wicking up creating another doji, also an inside bar. We stay in range until we break above 2760.86 or below. The bearish marubozu on 10/23 has had us trading inside a daily bar since then.
Trend Analysis

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