-The Lower lows and lower Highs mechanism was broken on GOLD once we reached a major support level.
-Wait for the strike zone to be reached, don't feel the regret of missing a trade.
-If it's a reversal, you can load at the correction levels / Buyers will panic at some levels, so be ready to load the MOMENTUM!
-Wait for the strike zone to be reached, don't feel the regret of missing a trade.
-If it's a reversal, you can load at the correction levels / Buyers will panic at some levels, so be ready to load the MOMENTUM!
Comment:
Gold finding a congestion level around 1720/ Good Sign!
Trade active
Comment:
Extended correction, still a valid Entry.
Clear vision in the market always helps in making the right decision.
Avoid entries when it's noisy.
Consider small accumulated size entries.
1716 is a strong support level.