The bias that flipped
The gold reading changing in the afternoon, why a changed bias is not an entry, and the rule this whole day was an argument for.
The last thing gold did that day was resolve the disagreement the morning had refused it for.
What changed
A 4 hour candle closed at 2,522, above its last swing high at 2,518. The 1 hour turned with it and began making higher highs.
The two fast charts now pointed the same way as the weekly and the daily. The reason gold was refused in the morning had gone.
Four charts in agreement, six hours after the verdict said they were not.
A bias is allowed to change
Nothing is wrong with that. A reading describes the chart, and the chart moved.
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