[March 23] Yesterday's gold, the point to firmly hold without hesitation [Featured as a GOLD trader by GogoJungle?]

Details here↓↓

https://www.gogojungle.co.jp/tools/indicators/74653

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Trade on March 23.

21:30

United States Nonfarm Productivity (Preliminary) Q4 [Nonfarm business sector productivity—QoQ]

21:30

United States Labor Cost per Unit of Output—QoQ (Nonfarm)

22:45

United States PMI (Purchasing Managers’ Index) March [Manufacturing PMI—Flash]

22:45

United States PMI (Purchasing Managers’ Index) March [Non-Manufacturing PMI—Flash]

22:45

United States PMI (Purchasing Managers’ Index) March [Composite PMI—Flash]

23:00

Richmond Fed Manufacturing Index, March

and other indicators are ahead.

Trades taking them into account.

Today’s GOLD initially trended downward, but then declined further into the middle, and finally rebounded sharply toward the end.

In the early phase, a series of bearish candles appeared with prices making lower lows. The rebound was weak, signaling heavy selling pressure.

Afterwards, a relatively large bearish candle appeared, accelerating the decline. There were moments where price dropped sharply in a short time, peaking selling momentum.

However, near the low, a candle with a long lower wick appeared, indicating weakening selling pressure. This sparked a reversal, with more and more bullish candles forming and a rebound taking place.

Toward the end, candles with large bodies appeared, resulting in a strong rise that recaptured the drop.

The downward move paused in the London session, and the upward momentum continued into the NY session.

Volatility increased, with substantial zigzagging, and the number of entries was significantly higher than usual.

In 30-second charts, 4–5 candles can move nearly 100 pips, allowing profit of around 100 pips on short-term declines or advances.

Correspondingly, stop-loss distances were larger than usual. It was challenging, but following the rules allowed nearly 200 pips to be captured later, ending in a solid win.

Continuing to enter mechanically without discretion.