$PAXG

I've never seen a chart clearer than this gold chart for technical analysis, yet we're all losing on it.

Come analyze it with me, you schoolboys!

When gold fell from 4300, it made two price gaps. Then it filled the first gap and should have fallen from there, but it decided to fill the gap above it first. On its way to fill the gap and its fall, it made two more price gaps. It completely filled the upward gap with five candles and closes within it, but it couldn't fill the downward gap. It tried an alternative but still couldn't fill it. In order for it to complete its fall from the first downward price gap, it needs to get enough liquidity to push it below 3900, and this liquidity needs to rise to get it from at least 4140 or a number close to it. Although I expect gold to surprise me next week and fall directly without rising and getting liquidity, and it will cancel all the sell orders placed above it, haha.