In early August, we sold the gold and closed over $100 - 1000 pips in one trade. - Many people did not get involved in sales!
Last week we sent 2 analyzes for a decline to $1920 - Many people did not get in!
Now we expect a new decline and breakthrough of $1920. - Many people will not get involved in sales.
The main reason for missing most of the movements is that we expect something to happen and seek confirmation only in this direction. If we have an active buy position , our brains will find enough reasons to confirm our decision and ignore all the possibilities for a price drop.
This leads to the biggest losses. If he manages to convince us that there is no other option and we are without a stop with a large volume.
This is welcome for the sharks in the market who are waiting for this fresh blood of the still naive market participants!
The price will go up, but how much will fall before that and whether we can withstand this fall if we have a buy are the more important questions.