[GOLD 1-Minute Footage] Lightning-fast moves! Snatching the rising wave +160 pips! Today's entry commentary
Hello, this is Lucky.
Today, August 6, 2026 (Thursday), GOLD 1-minute chart.
Today, we rode the rising wave,
and were able to gain about 160 pips.
Today's market is a “buying landscape”
Today was all about buying, wasn’t it?
First, look at the overall chart flow.
As the lows are raised,
the highs are also being updated little by little.
In other words, a clean uptrend
the market, which is a sea,
is telling us,
“Today we will move up.”
On days like this, you don’t forcefully try to hit the top.
What you aim for is not selling,
but buying from a pullback that formed during the uptrend.
Entry is at the yellow circle point
This time, the point I focused on is the yellow circle on the left side of the image.
After a brief pullback, it held the lows,
and the candlesticks started to head up again.
What’s important here is
not to judge based on one candlestick alone.
- The overall trend is upward
- The lows are not being broken decisively
- Buying enters from the pullback
- A pattern showing the upward continuation is emerging
When these conditions align,
I rode the buying wave.
Rather than chasing the moving candlesticks in a panic,
wait for the wave to come back a bit.
This is the basic principle of buying on pullbacks.
Blue signals push the rise forward
After that, blue signals continued to light up,
and prices kept making higher highs and higher lows.
There were some small declines in the middle.
But in an uptrend,
not every bearish candlestick becomes a selling opportunity.
Rather, those small pullbacks are pauses ahead of the next rise.
The wave recedes a little,
and prepares to move forward again.
If you only watch the immediate bearish candle and get scared,
you’ll exit the big wave you rode up to midway.
That’s why it’s important to look at not just one candlestick, but the overall chart.
After that, prices rose along the yellow trend line
and finally reached near the top right of the image
“around the Moon’s Court”
The price range gained this time was
about 160 pips
Today’s key points
What I want to convey most in today’s trade is
that there’s no need to predict the future.
What matters is
to see which wave is stronger right now
If it’s rising, wait for a pullback
If it has already run up a lot, don’t jump in—wait
If you can’t recognize the pattern, don’t enter.
Just this much can greatly reduce
unreasonable counter-trend moves and overbidding.
The market is the sea.
When there aren’t waves coming,
paddling hard is only tiring.
Wait for your favorable wave to come,
and ride it honestly only when it arrives.
Today’s GOLD was exactly such a day.
It was one of those days.
Well then, see you on the next wave.
Pro Trader Lucky
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