7XCircle

A sharp drop of 20 points, long positions deeply trapped by 9 points—hold out or not? 🤔
This morning gold played out a textbook-style move.
First a small long, then a small short—both trades profitable. The third trade entered at 4120, only to watch it dive to 4108, with an unrealized loss of -9 points.
I hesitated at the time. But I glanced at the 4-hour Bollinger Bands—the middle band was right at 4104, the daily structure remained bullish, and the sharp 20-point drop had seen no bounce. The data told me this wasn't a trend reversal, but a deep pullback.
Hold.
The result? A V-shaped recover