17d • Trading Manual/Automated
Technical Analysis on Gold
On Monday I noticed a price gap from Friday to Monday morning Open.
Most pairs that leave gaps will later get filled. Like a FVG.
I screen shot a few messages with time stamps to prove what I predicted could happen.
If you ever see this. Know that it WILL get filled. (99.99% of the time.)
Once filled. Price will either rebound or continue.
In this case a classic 'Dead Cat Bounce'
Understanding market dynamics helps with targets, zones etc.
Remember this 1 as it comes up a lot 🙏
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Technical Analysis on Gold
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