Hard to love oil; gold on the line; and a good enough day for US Steel (X)

U.S. Steel (X) had a good enough day with very nice volumes. Now it needs to prove it can uptrend, by just moving on up! (That's called "followthrough"!)

Gold perched yesterday on one of the significant Fibonacci retrace levels I discussed yesterday. Moving under it today didn't look great, even though on light volume (better RSI would have helped). This may be a line in the sand ... moving above it again will be a real positive, or otherwise it may be a line to "trade away from":

As for oil, well, who can love this as a trade?! (This is what lack of "followthrough" looks like!) The indicators don't seem to be telling any better story than the price is telling. Sure, that can change - if and when it wants to.