Shortly after 3 a.m., Gold was on the move. The rally looked impressive on the one-minute bar chart, but viewed on the ’15’ (see inset), it was merely one impulse leg among a few too many that have failed. Still, night owls reading this tout are advised to attempt entry using a ‘timed’ buy-stop, since the rally may have the moxie to forge higher even though that is what everyone is probably expecting by now. The 15-minute chart should do ya for camouflage, perhaps using the still incomplete pattern shown.
