Out of gold now. We had a late session level yesterday 2520 bearish below which traders made the most of. We then had a red box bounce on the 15m boxes giving a move we wanted into 2515 but got 2513. Rejection there isn't looking too great so we'll sit on the side lines. Levels can be tested but a break either side will stretch, 2525 upside, 2495 downside. We're in the middle so here there is no entry

The next few days are going to be a headache to trade. They'll range, they'll whipsaw and they'll chop. The moves are going to be extreme, Jackson Hole has shown movement of 500-700pips in one go, which, if you're caught the wrong side of will completely wipe you out. Please, don't take this as your every day market condition, swings are going to be extreme. In my humble opinion, I would suggest any one new or less experienced in the markets, please don't trade from today until next week. Preserve your account balance and know that once the market has moved, you will get better opportunities from better price points.

For anyone who went for it

Magic boxes

Jackson Hole starts today as well. Please see our Tradingview posts on what to expect in terms of volatility in the markets.

Red box indicator in perfect sync

GOLD - You beauty 🔥