Today's Lesson from Gold 🧠
Don’t hold on to the previous analysis when price action changes.
Gold broke through 4175 and rose to 4219, then reversed and strongly fell to the 4145 zone.
So now I’m not saying "buy" just because there’s a small pullback, and I’m not saying "sell" just because the price dropped.
I wait for confirmation from price action at support and resistance zones.
Trading is not predicting every move;
Trading is knowing what you will do if the price moves in every scenario. 📊
#TradingMindset #XAUUSD #Gold
Don’t hold on to the previous analysis when price action changes.
Gold broke through 4175 and rose to 4219, then reversed and strongly fell to the 4145 zone.
So now I’m not saying "buy" just because there’s a small pullback, and I’m not saying "sell" just because the price dropped.
I wait for confirmation from price action at support and resistance zones.
Trading is not predicting every move;
Trading is knowing what you will do if the price moves in every scenario. 📊
#TradingMindset #XAUUSD #Gold