It's very difficult to play GOLD in the intraday swings...
I don't. The charts don't "tell".
This is an interesting chart... one that I follow.
It's been formatted from the original PnF roots. .>
When one looks closely, one can see that the buys are @ the bottom part of the chart & the sells ( the chart area we currently aligned with are close to, or will soon be registering sells ((if the signal line crosses & turns down) ie: say 54-55 or so) which is suggesting that we are close to overbought but.... this rally may run a "wee bit".