GOLD long on bounce off P and very strong bearish move

2018년 10월 25일

I missed out on this lovely move down from R1 to P, that's fine.
It looks like this move has happened too fast to me, high volumes yes but there is no apparent reason for Gold to be so bearish today (nor for S&P to be bullish).
What if it was just to cash out all the gains from yesterday? to catch all those stop loss orders?
Let's risk a 10 ticks here on bounce off P and target at R1! Admittedly there is a high risk our Stop Loss may be caught but...

2018년 10월 25일

노트

oh yes, and Gold POC from yesterday is at 1233.7... perhaps the intention was to just come down quickly to hit this and bounce back up?

2018년 10월 25일

매매 수동청산

I'm out of this trade now with +20 ticks.
volumes are very low, is moving painfully slowly, my market bias is bearish for Gold still, I'm taking a decent profit here and will wait for better opportunities if any arise today.