For pattern, I prefer a downward move out of the range for a day or two, only for it to pop back up into it prior to the NFP on Friday or the FOMC meeting next week. So far, there appears to be an impulse down from the high at the start of the month followed by a three-wave bounce that may have completed around 11am today. Putting pattern aside, we are pretty much in the middle of the range so probably a good idea to sit on your hands and wait for the market to tip its hand.
My favorite market of late has been crude which has been staying on plan. Looking for a push down to a new swing low under that of November 16th to complete the first impulse down from the late September high.
Coming back to gold again, it looks like it is late in the first impulse down. So far 2027.50 is causing a bounce, but I like a little lower while under 2039.80.