GLD (gold ETF) offers an objective short entry or re-entry (for those that covered or reversed off T3) on this bounce back to the T1 level (now resistance) with stops somewhat* above it. Previous & updated 60-minute charts below.
GLD 60m Oct 17th
GLD 60m Oct 20th
GLD 60m Oct 21st
GLD 60m Oct 28th
GLD 60m Nov 12th
/GC (gold futures) previous & updated 60-minute charts for futures traders below, with /GC now approaching that 41.72ish resistance following the recent break above the trading range, thereby also offering an objective short entry with a stop somewhat* above it.
GC 60m Nov 10th
GC 60m Nov 12th
* Stops ‘somewhat’ above is relative to one’s preferred price target(s) and average entry price.