Marked, not traded

The two charts that took gold off the list for the day, and the two levels that went onto it anyway for a pullback that had not arrived.

Gold's daily said buyer. The two charts under it said something else.

The charts that decided it

The 4 hour had closed below its last swing low. The 1 hour had done the same.

So the direction came from one chart and the two charts that would time an entry both pointed the other way. Module 44 asks every chart under the daily to be doing what the daily said, and here neither was.

One chart for, two against, and the two against are the ones you enter on.

What that is, in module 36's words

It is a daily retracement in progress. The 4 hour break is a daily pullback, exactly as the ladder describes.

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