[April 7] This one hit was 300 pips, of course I grabbed it, right? [As a GOLD trader, I was featured by Gogojan!]

Details here ↓↓

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

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Trade on April 7.

21:30

U.S. Durable Goods Orders (Preliminary) February [MoM]

21:30

U.S. Durable Goods Orders (Preliminary) February [ex. Transportation, Core MoM]

Indicators such as these are ahead.

The range of movement is narrow and its importance is not very high.

Trades are made in light of these factors.

This time GOLD is in a phase where directional clarity is not fully established, drifting up and down and gradually converging into a range.

In the early stage, small candles continue with no clear trend, staying flat. Later, a large bearish candle appears and a sharp drop occurs, but immediately it is followed by a rebound with a lower wick, showing buying pressure at the lows.

In the middle stage, bullish and bearish candles alternate and price moves with range, but neither a high nor a low are significantly updated, showing a lack of direction. There are moments of upside potential, but they are not sustained and are pushed back.

There are rarely opportunities this time as well.

However, at the moment when the early-range breakout occurs, entry leads to a rapid decline, with consecutive bearish candles, catching a drop of over 300 pips in one shot!

After that drop, momentum fades, price rises again but without direction in a chaotic market, and this time too the rare opportunity ends at two occurrences.

Still, obtaining that many pips should be enough.

To continue, let's keep entering mechanically and with discipline.