[Today's GOLD 1-minute chart] The sure-fire entry point of the keen eye revealed: 600 pips breakout, +700 pips gained
Hello, I am pro trader Lucky
In today's GOLD 1-minute chart, from around 7:20 AM, there was a breakout of the high price,
and the pressure gauge of Kyokugan (Gokugan) rose with concentrated upside pressure, continuing the uptrend
This time, the point circled in yellow in the image is what I focused on
Please view today's GOLD 1-minute chart flow in the image.
From there, riding the upward flow, the price range first surpassed 600 pips
At the point where it exceeded 600 pips, the POWER METER showed
Buying pressure 86
Selling pressure 14
The uptrend continued, and finally when reaching 700 pips, I took profit
When it reached 700 pips, the pressure was strong and recorded today’s maximum
Buying pressure 97
Selling pressure 3
was displayed
What’s amazing is that,
fortunately, the buying side strongly favored,
you can confirm the advantage by combining price movement with avoiding breakouts’ false moves and bumps
Even though the upward trend continues,
you don’t hold on forever; when the momentum weakens, you can take profit at the point
This time,
I showed not only the entry point but also how far it stretched and where I took profits
you can see where the profits were taken
In this way, during a strong trend, it’s extremely easy and enjoyable to hold while watching pressure
Please view today’s GOLD 1-minute chart flow in the image.
Kyokugan is a tool that quantifies the balance of buying and selling pressure in real time. Together with price and wave patterns, it can be used as one of the materials for market judgment.
▼ Here is Kyokugan's product page
https://www.gogojungle.co.jp/tools/indicators/87008

