Inside Range Day.......

Another observation about Gold--Today was an "Inside Range Day."

Investopedia explains Inside Day:

An inside day is often used to signal indecision because neither the bulls nor the bears are able to send the price beyond the range of the previous day. If an inside day is found at the end of a prolonged downtrend and is located near a level of support, it can be used to signal a bullish shift in trend. Conversely, an inside day found near the end of a prolonged uptrend may suggest that the rally is getting exhausted and is likely to reverse.
 
Today Gold's High was lower than the previous day's high, and the low was higher than the previous day's low.
 
This may signal a reversal in trend.  Note:  this is not an algorithmic signal, it simply gives anecdotal support for the algorithmic signal.
 
Final update later.

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