Gold ranging / clash of Buyers and SellersGoldOANDA:XAUUSDgoldenBear88As discussed throughout my yesterday's session commentary: 'Technical analysis: The Price-action is basically consolidating again on Hourly 1 chart’s within #4,152.80 - #4,182.80 only to give Scalpers a chance for Intra-day returns. Hourly 1 chart’s invalidated Neutral Rectangle and extended former Ascending Channel however rarely throughout Monday's session Traders are presented with a break-out (the pattern usually breaks to the downside if cycle is replicated) as I will have more with tomorrow's E.U. session candles. I am currently on the sidelines, simply maintaining my previous model and expecting sweep's where I can Sell or Buy respectively. I need to state for the record (again) that when I mention pullbacks on my remarks I am not suggesting Traders to Short right away. I am suggesting a more optimal place to re-Sell the market. Gold is now overall Bullish market as I have stated since the start of the Month that my strategy is to be Selling (and accumulating) on pullbacks however on Trump's speech aftermath last week, DX started losing and Gold was skyrocketing aggressively. Those who've been following me for Years know that I am always accurate on Medium-term declines which I will spot for us once again as many times before. Despite Price-action Trading within an Hourly 4 chart’s Bullish motion (pattern which is spotted multiple times on Hourly 4 chart lately), Gold is purely responding to the Fundamentals of the DX that is on High speculation mode ahead of the #Q3 GDP report. The latest eruption in the U.S. - China Trade dispute pushed a widely watched Treasury market recession indicator to the Highest alert since #2007.' My position: I was sitting on sidelines throughout yesterday's session as Gold is ranging within series of Neutral candles all session long. It is a clash of Sellers and Buyers, which side will prevail and where will go to next. I do believe if #4,122.80 - #4,127.80 Support zone gives away, Gold will continue the downtrend as Hourly 4 chart's setting is leaning to Sell model and DX as well should soar every minute. However if #4,202.80 benchmark gives away confirmed with Weekly market closing above, Medium-term Buy's are next. I will remain very careful on current market.