gold down 1330 to 1325 PRU flat 41.5 after yet another defunct...

gold down 1330 to 1325
PRU flat 41.5 after yet another defunct shoot to 43.0c intraday.

closed on daily lows, the 4th bearish closing session in a row, volume 6M still elevated
its a gravestone doji (+/- 0.5c bar) clear as day and yesterday was even more bearish with that tail as well pointing down.
4 red bars in a row, the mini support wall at 41.5c is fighting the bear trend.
Last time we saw 800k INSTO bids at 42.5c disappear in seconds when the support bids started getting hit with serious INSTO selling volume. Now its lower than that. 41.5c close this week is breaking the channel h00ts posted on the downside. Soon the INSTOs may vacate the support beams & may let the shorts run down.

4 red bars in a row and you buy now colinchi!? You must expect a reversal but you are down on your buy already, werent you selling at 42.5 and 43.0c before but now buying at 42.0c not much different, thats a 1-2% margin there, even less than you were getting before of 3%, 5%, 40%.

Rounding top pattern 39.5-46.5-39.5 looking ominous on the monthly.
laugh all you want as we will see the reality soon.
Its INSTOs in total range trading control and we are nowhere near the high of the range.

current call tally -
samboy 13 of 14
h00ts 0 out of 3 (called higher but closed lower yet again)
collinchi 2 out of 12 (bought 42c but closed lower)