XAU.USD at first Impulse Redux: Key Resistance Zones to observe

"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.

Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.

This is part my ongoing series to collect examples of my Methodology.

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Ordered Chaos

every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.

each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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Comment:

Here we have a Perfect "Ping" (exact reaction) at the upper bound of Impulse Core

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Comment:

Impulse Core definitely noticed

Now lets see if bears can push below the Impulse zone boundary at $1503.90

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Comment:

Bulls are strong! Pushed through the Impulse Core, now approaching upper bound of this impulse

If bulls can take the entire zone in one push, that will mean very strong bull power.

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Comment:

Battle at the larger Impulse Core , bears win round 1

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Comment:

The lower Impulse and Core should act as support now, lets see if we get there

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Comment:

Ping on the top bound of Impulse 2

Not a strong bounce yet but recognition of the line is clear.
May need to come test the Core before any serious bounce.

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Comment:

Another exact rejection at the larger Impulse Core

But bulls are being persistent.
I think one more pullback and then break on through...

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Comment:

Uh oh, exact reflection from bottom bound of Impulse 1

Zoomed in we see just how precise the rejection was

Usually an exact reflection like this marks a "turn".
ie: down is far more likely right now than up.

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Comment:

London open, and looks like the UK boys are taking a stab at the Core

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