Try as I may in my mind the shape and scenario in B will not get out of my mind. The market as it has been this week simply does not make sense to me in Gold. Nothing says in fact that CMD 1 has not over played its stay at this point. So do not feel comfortable to take the current side therefore. But whose to tell as we can only speculate.

As things stand:

Current Low = {H4 Y (2) = D 1 W (1)} So is this why the shape has remained so up? And regardless of valid expectation is still not pointing down?

Is it that the market is playing to equalize this match at high to fall or will the market extend the move to displace current market top and rally to make the move finally and steadily to the 3000 handle? That is of course the handle that the primitive analysts in so-called "fundamental" analysis have had their underpants in a twist over for some three years now and each year they get it wrong because of course there is no science to them or their methods which is akin to telling the future by the entrails of dead animals (bulls and bears may be). Anyway not happy the way the market is playing in Gold does not make sense at all that both sides are unclear (and in very unstable orbits) at the same time. Of course we just follow by Orbit but sometimes (like now), I do wish things were clearer from the fluctuations we see in the now. But this week has certainly been no help at all. Lets see what happens with the NFP's tomorrow (especially if we can read the trade early by Orbit just like today - not sure what it was because I never bother but 2.30 is news time and saw a spike about then and assumed that was the news), but of course that means even more speculation since as of now no match up between H4 and D1.Wish @Dave 111 was around to give his thinking - he can see things ahead that come to pass often.

(-_-)

PS: The Schematic is outdated just looking at the drawing in B by itself