【GOLD1-minute】Heavenly speed! Grab the rising wave +160 pips! Today's entry analysis
Hello, this is Lucky.
Today, August 6, 2026 (Thursday), GOLD 1-minute chart.
Today, riding the upward wave,
we were able to gain about 160 pips.
Today's market is a “buying scenery”
Today was a one-sided buy, wasn’t it?
First, look at the overall chart trend.
While the lows were rising,
the highs were gradually being updated too.
In other words, a clean uptrend
in the market,
is showing us
“Today we will move up.”
On days like this, you don’t chase the top point aggressively.
What you aim for is not selling, but
buying on pullbacks formed during the uptrend.
Entries at the yellow circle point
This time, the focus was on the yellow circle area on the left side of the image.
After a slight pullback, the low held,
and the candlesticks started to head up again.
What matters here is
not to judge based on a single candlestick.
- The overall trend is upward
- Lows have not been broken significantly
- Buying came in from the pullback
- A shape that signals a resume of the uptrend is forming
When these signals align,
we ride the buying wave.
Instead of frantically chasing a moving candlestick,
wait for the wave to return once.
This is the basic principle of buying on pullbacks.
Blue signs push the rise
Afterward, blue signs continued to light up as
the price kept raising the highs and the lows.
There are small declines in the middle.
But in an uptrend,
not every bearish candle becomes a selling area.
Rather, those small declines are a rest before the next rise.
The wave pulls back a little,
and prepares to move forward again.
If you look only at the current bearish candle and panic,
you may exit the big wave you rode up.
Therefore, it’s important to look at the entire chart, not just one candlestick.
After that, price rose along the yellow trend line
and eventually reached near the top right of the image
around the Moon’s heaven
The profit range obtained this time was,
about 160 pips.
Today’sポイント
What I want to convey most in today’s trade is that
you do not need to forecast the future.
What you need is,
to see which wave is stronger now
if it’s rising, wait for a pullback
if it has already moved a lot, don’t jump on it—wait
if you can’t discern the shape, don’t enter.
Even with just this,
unnecessary counter-trend trades and buying near highs are greatly reduced.
When waves aren’t coming,
paddling hard will only tire you out.
Wait for your favorable wave to come,
and ride it honestly when it arrives.
Today’s GOLD was exactly such a day.
Well then, see you on the next wave.
Pro Trader Lucky
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