Well, I am very bullish here, FWIW (assuming we hold today's lows through the close). Filled some gaps, eliminated some weak hands, and all on a news-driven reaction (they are always reversed).
Interesting that the big gap on xau is sitting right at the .618 retracement level measured from the May low.
I have always considered that a "breakaway" gap, because of its position and the follow-through of price after. My impression is that the 2011-2015 bear market and the long wave 2 after the 2016 "rocket" have kept investors disinterested and leery - not many are positioned, many are waiting for a correction, and many are trading out - and as dharma says will have to buy higher to get back in. I don't know what will happen next, but my impression is that there is more near-term upside.
FWIW, my alt count: