Gold delivering fake-outs past #3-session horizonGoldOANDA:XAUUSDgoldenBear88Technical analysis: Besides the idle start of the E.U. session on DX, Gold is Trading on Weekly High’s, Usd-Jpy pair broke the Neutral Rectangle to the downside - however as mentioned on my previous analysis, the biggest marker on the Short-term is DX which is also Trading near Hourly 4 chart’s Support and constantly adding Buying pressure on Gold and making High’s on Weekly (#1W) basis. Interestingly enough, notice how Friday’s session soaring on Gold (Spot prices # +0.51%) was inversely symmetrical to the decline on DX (# -0.47%). That is why I have this as my strongest market marker at the moment. However since Gold’s Monthly Resistance is not far off, I expect Gold to form a Ultimate Top soon (in fact it hasn't even reached the #4,202.80 strong Resistance zone). Keep in mind however that Gold delivered nothing but traps throughout yesterday's session and by my calculation, delivered #5 consecutive Intra-day confirmations which was displayed as an fake-out, trapping both Buyers and Sellers on the aftermath. I have been in attempt of Selling Gold since I had structure which pointed to Bearish, however Gold delivered multiple Bullish spikes which are later on Sold. I will not make any more moves until #16:00h and monitor Price-action from sidelines (no definitive direction so far). My position: Following a somewhat rather monstrous fake-out through the trendline of Hourly 4 chart’s Support of #4,178.80 throughout yesterday’s late E.U. session, added more non-logical moves similar to ones made throughout December and end of November. Gold is filling lot's of Stop-loss orders (classic Stop-loss hunting) from those attempting to follow decent fair Technical Selling and also trapping breakout Buyer’s orders, since Gold is only without recovery due to the constant High’s DX, however such recovery on Gold above main Support and with strong DX was impossible to foresee. Gold pressed for Higher ground, concluding the session just south of Hourly 4 chart’s local High’s and creating new Bearish wave of #15+ points, which today’s U.S. session will confirm / whether is it sustainable or not. I was confident in #4,202.80 benchmark sequence test, however unstable market sentiment and Volatile setting are trapping both Buyers and Sellers as Scalpers are getting most of the returns on this current Price-action. Only order I caught and Traded yesterday was #4,178.80 Buy twice towards #4,202.80 benchmark and even with #4,202.80 getting invalidated with upside structure confirmation, Gold reversed aggressively. My practical suggestion is to Stop Trading today and tomorrow and continue Trading with early next week's candles.