No didn't give the reaction I expected, there was no bullish engulfing of a bearish candle and price didn't come back to retest the upper level of the box
That's true
The bullish surge on Gold today was really Unexpected. Price is still confined to the bearish channel and that makes me still bearish on gold.I'll only be looking out for scalp opportunities on buys from tomorrow.
The buys was really unexpected, but I won't rush I will wait until price starts printing protective lows, then I will start looking for liquidity levels to trade from
So sticking to my plan no engulfing no trade so I don't make unnecessary losses
Exactly 💯
Discipline over pressure
I will look for opportunities tomorrow, from today's level, or maybe same tomorrow levels but I believe there will be opportunities tomorrow
Gold flew too high without even giving me the reaction I was looking for
The surge was unexpected. I'm yet to find out reasons for it, if it was news sponsored or institutionally sponsored.
The surge was due to USD weakness, gold demand raised and that made gold to strengthen over dollar
