Too soon but right on time gold longs

28 במרץ 2022

On my previous gold trade I got stopped out at 1943. I can see now that I rushed the buy idea to get to 1989 level. Price broke down into last Thursday daily low where a pool of buyside liquidity rested and also a htf order block which makes sense for price to do at the top of the week/day Asian session. The first move is usually the false move when made during Asian so as London opened I took another long entry at 1934 with a tight stop at 1932. I’m expecting a rally for the day breaking the previous weekly high and following price from there. Thanks for watching