Gold: Buying the Dip? A Plan for the Pullback to the Daily OBAfter breaking out of its local range and establishing a new ATH, Gold has begun a correction and is approaching support in the form of a daily order block .
I will be looking for a long position, with the target of creating another ATH, upon the mitigation of this order block in conjunction with a reversal reaction from one of three Fibonacci retracement levels: the 50%, 61.8%, or 78.6% level .
A break of the 78.6% level by the price will invalidate the long scenarios and, with a high probability, will mean the correction is transitioning to the higher, weekly structure.
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The principles and conditions for forming the manipulation zones I show in this trade idea are detailed in my educational publication, which was chosen by TradingView for the "Editor's Picks" category and received a huge amount of positive feedback from this insightful trading community. To better understand the logic I've used here and the general principles of price movement in most markets from the perspective of institutional capital, I highly recommend checking out this guide if you haven't already. 👇
P.S. This is not a prediction of the exact price direction. It is a description of high-probability setups that become valid only if specific conditions are met when the price reaches the marked POI. If the conditions are not met, the setups are invalid. No setup has a 100% success rate, so if you decide to use this trade idea, always apply a stop-loss and proper risk management. Trade smart.
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If you found this analysis helpful, support it with a Boost! 🚀
Have a question or your own view on this idea? Share it in the comments. 💬
► Follow me on TradingView for timely updates on THIS idea (entry, targets & live trade management) and not to miss my next detailed breakdown.
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GOLDCFD trade ideas
Gold corrects ahead of rate cut (bullish) Gold is rebounding from trend resistance ahead of the new week. The market was not ready to buy at high prices ahead of a possible Fed interest rate cut. Under pressure from sellers, the price of gold is falling to retest trend support.
The price attraction zone is support at 3657-3646. Below this area, there is an accumulation of trader positions that may be liquidated before the price begins to rise.
As for the Fed, rates are likely to be cut, but it will be necessary to monitor what Powell says about future policy. If he supports 2-3 interest rate cuts, gold may continue its global growth...
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Following the release of the U.S. Non-Farm Payrolls (NFP) data on Friday, gold surged to the 3600 level before entering a corrective phase from that resistance.
We expect this pullback to extend further, potentially reaching lower support zones in the short term.
If gold finds support and reacts positively, a new bullish wave may begin.
A confirmed breakout above the 3600 level would open the door for a move toward the next key resistance around 3700.
As long as gold holds above the key support area, this bullish scenario remains valid.
Don’t forget to like and share your thoughts in the comments! ❤️
Is the Rate cut priced In | Potential Gold Correction
In this video I highlight the possibility that the highly anticipated rate cut decision is already priced in . If this is the case then we could be at the brink of a healthy correction .
I demonstrate what that could look like if we start to pull back and go into correction territory.
I support this idea with not only the psychological motive but additional confluences using the TPO chart .
Thanks for your support
Gold Pushing Higher!Price pushed in a clear ascending channel. It broke above the most recent resistance, then came back to retest the level. Classic break and retest.
Price rejected off that level, which turned it into new support. That’s a good signal to go long, targeting the top of the projected channel.
Gold: “Soft Data – Tailwind”, Watching 3,660–3,670 BreakHello everyone, today I want to quickly share my view on gold after the latest US data.
Jobless claims jumped to 263k – the highest since 2021 – signalling that the labour market is cooling. This scenario usually pushes USD and yields lower, giving gold room to rebound from session lows. On the other hand, August CPI rose to 2.9% y/y, showing inflation is not completely “cool”, but overall the backdrop remains supportive for the precious metal. Add to this the ECB holding rates steady, crude falling around $62.5, US 10Y yields easing to 4.01%, and ETF flows alongside the PBoC still buying gold, I think the current macro environment leans bullish.
On the 6H chart, the uptrend structure is intact: price sticks above the Ichimoku cloud with layered FVGs below – signs of active demand. The sideways move now is simply “compression” near fresh highs, as short-bodied candles appear repeatedly, showing sellers lack momentum.
What I’m waiting for is a breakout above 3,660–3,670. If we see a clear 6H close, momentum should quickly lift price to 3,690–3,705, and possibly extend to 3.72x. If there’s a dip, 3,630–3,620 will be the first cushion; deeper is 3,605–3,595. Only a 6H close under 3,570 would call the trend into question.
Do you think gold has enough strength to break this range? Share your view in the comments!
XAUUSD Soars - CPI and Unemployment Claims Support Gold!Hello everyone, today we’ll analyze the XAUUSD chart along with CPI data and unemployment claims from the US.
The XAUUSD chart on the 4-hour timeframe shows a strong upward trend, with gold continuously making higher highs and higher lows within an ascending price channel. The support level at $3,608.000 is solid, and if the price breaks the resistance at $3,720.000 , the next target could be $3,760.000.
Today's CPI data shows that core CPI m/m and CPI month-over-month both increased by 0.3% , higher than the previous month's forecast of 0.2%. This could fuel expectations that the Fed will maintain a high-interest-rate policy, strengthening the USD and potentially putting pressure on gold. However, the actual unemployment claims were 237K, close to the forecast of 235K , suggesting that the economy remains stable but not strong enough to push the USD higher, which continues to support gold.
Despite the rising CPI data, the stability in unemployment claims keeps gold in an upward trend. Therefore, the Buy strategy remains the priority. Be patient and manage risk carefully when entering trades!
XAUUSD – Is a Reversal Coming?Gold is approaching a key level in the Crab pattern and may face a short-term reversal. The current price around 3,635 USD might struggle to break through the resistance level. According to the analysis, gold could potentially pull back to support levels at 3,560 – 3,440 USD.
👉 What do you think about the current situation of gold? Will the price reverse before continuing the upward trend? Share your thoughts in the comments!
GOLD (XAUUSD): Bullish Continuation ConfirmedI believe that the price of 📈GOLD is likely to rise.
The formation of a double bottom pattern on a significant hourly support level, along with a bullish breakout of its neckline, indicates substantial buying interest.
It appears that the market will revisit the 3666 level.
Gold Price Analysis XAUUSD – September 17, 2025 (H1 Chart)Gold (XAUUSD) recently broke out of its ascending channel and reached a peak around 3,690 – 3,700 USD/oz, but this level was strongly rejected. The market is now shaping an ABC corrective structure, signaling a potential bearish wave in the short term.
1. Technical Outlook
Trendline break: The bullish channel has been violated, showing weakening momentum.
Key resistance: 3,690 – 3,700 (previous top, highlighted in orange).
Immediate support: 3,645 – 3,650 (wave A test zone).
Major support: 3,600 – 3,580 (wave C target area).
2. Indicators
EMA (short-term): Price is trading below the EMA, confirming bearish pressure.
RSI (H1): Exiting overbought levels and pointing downward, supporting further decline.
Fibonacci retracement: The 50–61.8% zone (3,600 – 3,580) aligns with the projected wave C completion, making it a crucial decision point.
3. Trading Scenarios
Primary scenario (bearish bias):
Expect a technical pullback toward 3,675 – 3,680 (wave B).
Look for short entries around this zone.
Take profit at 3,600 – 3,580 (wave C).
Stop loss above 3,695.
Alternative scenario (bullish breakout):
A clean break above 3,700 will invalidate the bearish setup.
Next bullish targets: 3,735 – 3,750.
4. Strategy Notes
Given the rejection at major resistance and weakening momentum, sell on rally setups are preferred. Risk management is crucial—avoid holding positions blindly through high-impact news events.
- Keep a close eye on the 3,675 – 3,680 resistance area for confirmation before entering. Save this analysis if you find it useful, as it outlines today’s key intraday trading roadmap.
Gold Holds Steady, $3,700 in FocusOANDA:XAUUSD The price is still holding firm around $3,637/oz after the U.S. inflation report came in softer than expected. Despite a slight pullback, bullish momentum remains strong, and the falling wedge pattern is signaling a potential breakout.
From my personal perspective, the $3,700 level will be the key decision point. If it is broken with strong momentum, gold could extend its rally toward $3,725/oz or even higher. However, upcoming U.S. economic data such as PPI and jobless claims should be closely monitored as they may directly influence short-term volatility.
This is my outlook shared with the trading community. What do you think? Let’s discuss in the comments!
DeGRAM | GOLD will retest the support📊 Technical Analysis
● XAU/USD is consolidating within a descending channel, repeatedly rejecting the resistance line while defending support near 3,621.
● The structure suggests a short-term rebound attempt, with targets at 3,628 and 3,636 if buyers hold above the support line.
💡 Fundamental Analysis
● Gold is finding buyers as traders position cautiously ahead of the US CPI release, while subdued dollar strength and geopolitical risks maintain safe-haven interest.
✨ Summary
Bullish above 3,621; targets 3,628 → 3,636. Invalidation on a close below 3,621.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
XAUUSD: Rully Will Continue in ChannelHello everyone, here is my breakdown of the current Gold setup.
Market Analysis
From a broader perspective, the price of Gold has been in a strong and sustained uptrend for some time. This entire bullish phase has been neatly contained within a well-defined Upward Channel, which has been guiding the price through a series of higher highs and higher lows, establishing a clear bullish market structure.
Currently, the price is trading in the upper half of this channel, consolidating after its most recent push higher. The momentum appears to be pausing, which is a normal and healthy sign in a sustained trend. This pause often precedes a brief corrective move before the next leg higher.
My Scenario & Strategy
My scenario is based on the expectation that this dominant uptrend will continue to be respected. I am looking for the price to make a small corrective dip from its current position.
Therefore, the strategy is to watch for this bounce as a potential entry to rejoin the trend. A confirmed rebound would validate the long scenario. The primary target for the next impulsive wave higher is 3710 points, aiming for a new high within the channel's structure.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Floating vs. Pegged Exchange Rates in the Global MarketUnderstanding Exchange Rate Systems
1. Floating Exchange Rate
A floating exchange rate (also called a flexible exchange rate) is determined primarily by the free interaction of demand and supply in the forex market. Governments and central banks may intervene occasionally to smooth out volatility, but fundamentally, market forces dictate the price.
For example:
If global investors demand more U.S. dollars for trade or investment, the dollar appreciates.
If demand weakens, the dollar depreciates.
Countries like the United States, Japan, the Eurozone, Canada, and the UK operate under floating exchange rate regimes.
2. Pegged Exchange Rate
A pegged or fixed exchange rate system involves a government or central bank fixing its currency’s value relative to another “anchor” currency, often the U.S. dollar or the euro. This peg is maintained through direct intervention in forex markets or monetary policy adjustments.
For instance:
Hong Kong pegs the Hong Kong dollar to the U.S. dollar at a fixed rate of around 7.8 HKD/USD.
Saudi Arabia pegs the riyal to the dollar, ensuring stability for its oil exports priced in USD.
Pegged systems can be hard pegs (currency board arrangements or dollarization) or soft pegs (adjustable or crawling pegs).
Historical Context
The Gold Standard (1870s–1914)
Currencies were pegged to gold at a fixed rate. This ensured global stability but limited monetary flexibility.
Bretton Woods System (1944–1971)
After WWII, countries pegged their currencies to the U.S. dollar, which itself was convertible into gold at $35/ounce. The system collapsed in 1971 when the U.S. suspended dollar-gold convertibility, paving the way for floating exchange rates.
Post-1970s Era
Most advanced economies adopted floating exchange rates, while developing countries often retained pegged systems to ensure stability.
Mechanisms of Floating vs. Pegged
Floating Exchange Rate Mechanism
Market Driven: Currency value fluctuates daily based on demand/supply.
Determinants: Trade balance, interest rate differentials, inflation, speculation, capital flows.
Volatility: High sensitivity to market news, geopolitical events, and investor sentiment.
Pegged Exchange Rate Mechanism
Official Fix: Government declares a fixed parity with another currency.
Central Bank Role: Uses reserves of foreign currency to buy/sell its own currency to defend the peg.
Policy Trade-off: Sacrifices independent monetary policy for stability.
Advantages & Disadvantages
Floating Exchange Rates
Advantages:
Automatic Adjustment – Trade imbalances are corrected naturally. A deficit leads to currency depreciation, making exports cheaper and imports costlier, restoring balance.
Monetary Independence – Central banks can use interest rates for domestic goals (inflation, growth).
Shock Absorption – Floating currencies can absorb external shocks like oil price fluctuations.
No Need for Reserves – Less dependence on large forex reserves.
Disadvantages:
Volatility – Exchange rates can swing dramatically, hurting exporters/importers.
Speculative Attacks – Vulnerable to speculative flows and sudden capital flight.
Imported Inflation – A weaker currency raises import costs.
Uncertainty in Trade – Businesses face risks in cross-border contracts.
Pegged Exchange Rates
Advantages:
Stability – Predictable exchange rates encourage trade, investment, and confidence.
Inflation Control – Pegging to a stable currency (like the USD) can anchor inflation expectations.
Investor Confidence – Reduces currency risk, attracting foreign capital.
Economic Integration – Helps small, open economies integrate into global markets.
Disadvantages:
Loss of Monetary Policy Independence – Central banks cannot freely adjust interest rates.
Risk of Currency Crisis – Maintaining a peg under speculative attack can deplete reserves (e.g., Asian Financial Crisis, 1997).
Distorted Trade Balances – Pegs can create artificial competitiveness or overvaluation.
Cost of Reserves – Countries must hold massive forex reserves to defend the peg.
Global Case Studies
Floating Exchange Rate Examples
United States (USD) – The dollar floats freely, driven by capital flows, interest rate policies of the Federal Reserve, and global demand for safe assets. Despite volatility, it remains the world’s reserve currency.
Eurozone (EUR) – The euro floats against global currencies. The European Central Bank targets inflation, not exchange rate levels, showcasing independence.
Japan (JPY) – Historically intervened to weaken the yen to support exporters but maintains a floating regime.
Pegged Exchange Rate Examples
Hong Kong Dollar (HKD) – Pegged to USD since 1983 at ~7.8. The currency board system ensures credibility but ties Hong Kong’s interest rates to U.S. policy.
Saudi Riyal (SAR) – Pegged to USD to stabilize oil trade revenues. Provides certainty but makes the economy vulnerable to U.S. monetary policy shifts.
China (CNY) – Historically pegged to USD, now operates a managed float. The People’s Bank of China intervenes to guide the yuan’s value, balancing trade competitiveness and stability.
Argentina (1990s) – Pegged peso to USD at 1:1 to fight hyperinflation. Initially successful but collapsed in 2001 due to unsustainable debt and loss of competitiveness.
Impact on Global Markets
Trade Flows
Floating currencies allow natural adjustment, promoting fair competition.
Pegged currencies provide certainty but may lead to trade distortions if misaligned.
Capital Flows & Investment
Stability of pegged systems attracts FDI but risks sudden collapse.
Floating regimes can deter investment due to volatility, though hedging instruments mitigate this.
Financial Stability
Pegged regimes are prone to speculative crises (e.g., Thailand 1997, UK’s “Black Wednesday” 1992).
Floating systems face volatility but rarely collapse outright.
Global Imbalances
Persistent pegs (e.g., China’s undervalued yuan in early 2000s) contribute to global trade imbalances, fueling disputes with trading partners.
Future Trends
Rise of Managed Floats – Pure floats and hard pegs are rare. Most countries adopt intermediate systems for balance.
Digital Currencies & Exchange Rates – Central Bank Digital Currencies (CBDCs) could change how pegs/floats operate in practice.
Multipolar Currency World – As China, India, and others gain influence, multiple anchor currencies may coexist, complicating peg strategies.
Geopolitical Pressures – Sanctions, capital controls, and global fragmentation will influence exchange rate choices.
Conclusion
Floating and pegged exchange rates represent two ends of a spectrum in international monetary policy. Floating systems emphasize market freedom, flexibility, and autonomy, while pegged systems prioritize stability, predictability, and investor confidence. Both have strengths and vulnerabilities, and their suitability depends on a country’s economic structure, development stage, and integration with global markets.
In today’s interconnected world, a majority of nations operate hybrid or managed float systems, reflecting the need for both stability and adaptability. As global trade, digital finance, and geopolitical dynamics evolve, the debate between floating and pegged exchange rates will remain central to discussions on international economic governance.
Gold - Everything is Possible, as Always🚀 FX_IDC:XAUUSD Gold's Wild Ride: What's Brewing After the $3674 High? 🤯
Hey Goldbugs! 🤩 Our shiny friend, XAUUSD, has been on an absolute tear lately. Market makers did their magic, nudging Gold to a comfy spot around $3640, just shy of its ALL-TIME HIGH of $3674! 🚀 But now... crickets. What's next for our "always up" precious metal? Let's decode this mystery in a flash! 👇
The Lowdown: Why Gold's Taking a Breather 😴
1. The "Less Bad" News Effect:
Recent U.S. data has been... well, "less bad". Inflation/deflation drama is cooling off, and markets are starting to think things aren't as grim as they were. This makes some traders less keen on Gold, but don't forget the big players (institutions!) still need their fix. So, a tug-of-war begins! ⚔️
2. Overheated Engine Syndrome! 🌡️
Gold's run from $3321 to $3674 was a whopping +10.5% ($353!) at an almost 45-degree angle! That's impressive, but even the best engines need to cool down. Our daily RSI values have been chilling above 75% – that's "overheated" territory! 🔥 A correction is basically Gold taking a well-deserved nap.
The "C" Word: What Correction Looks Like 📉
Forget complicated math! A correction is usually a 10-20% price dip. Given Gold's recent sprint, we could be looking at a 20-30% pullback from that $353 gain, meaning a possible $70-$105 drop. 📉
Target Zones?
Many eyes are on $3580. But hey, Gold likes surprises! It could go lower, perhaps even test $3550 or more!
Your Trader's Toolkit:
Don't Get Caught Napping! 🛠️
Want to predict Gold's next move? Here's your cheat sheet:
Candlestick Clues: Watch for Shooting Stars 🌠, Hanging Men 🕯️, Spinning Tops, and Dojis. These are like little whispers telling you the trend might be tired.
EMA Lines: These are your trend compasses!
Fibonacci, Baby! 💫 Seriously, if you haven't, dive into Fibonacci Channels and Circles. They're like a crystal ball for price moves!
Economic Calendar: 🗓️ CPI, PPI, NFP, and U.S. Inflation Data are Gold's daily bread and butter. Know them!
🧠 ICT Insights: What the Pros Are Seeing 📊
Market Structure Shift (MSS): After hitting $3674, Gold's current wiggles (Lower Highs & Lower Lows) within this consolidation hint at a short-term shift in order flow. It's not a full reversal, but a pause for thought. If you look closely, you can see a Bull Flag Pole exists and the Flag is forming, currently a triangle, a good sign before the liquidity needs to get taken out from the bottom.
Liquidity Magnets:
Buy-Side Liquidity (BSL): Loads of orders (and stop losses!) waiting above $3674. That's a juicy target if Gold decides to moon again!
Sell-Side Liquidity (SSL): Plenty below the recent low around $3590-$3600. A dip here could be a "stop hunt" before bouncing.
Fair Value Gaps (FVG) & Order Blocks (OB): Those rapid green candles left "gaps" and "blocks" during the ascent. Gold loves to retrace and "fill" these gaps or retest these blocks ($3590-$3600 is a key OB zone!) before its next big move.
The Verdict? Gold's Not Done Yet! ✨
Is Gold heading for $3700+? YES! But probably not right now. A little cooldown, a bit of retracement to those key support levels and ICT zones, seems inevitable.
So, what to do? Be patient, be responsible with your capital, and keep your eyes peeled for those technical clues. Gold's next big move could be around the corner!
Next Week's Radar (ignoring the news for a sec):
Bullish Target: $3800 🚀
Bearish Target: $3550 🐻
Significant large orders are on
Sell Stop: 3611
Sell Limit_ 3657, 3659
Buy Limit: 3600, 3580, 3500
Buy Stop: 4497
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
Gold Hits New ATH, Eyeing $3700 Psychological Barrier📊 Market Developments:
Gold surged sharply and set a new all-time high at $3,697/oz. The main driver comes from expectations that the Fed may soon signal rate cuts, while investors seek gold as a safe haven amid geopolitical uncertainty.
📈 Technical Analysis:
• New Resistance: $3700 (psychological) – $3708 (Fibonacci extension).
• Nearby Support: $3690 – $3685 (previous ATH breakout zone).
• EMA 50 & 100 on H1: Both remain upward sloping, reinforcing the bullish trend.
• H1 Candle: Strong momentum, but a short pullback may occur around 3700.
🔎 Outlook:
The uptrend remains dominant; however, the $3700–$3708 zone is a key psychological barrier where short-term profit-taking may emerge. If price holds above $3685, the bullish momentum is likely to continue.
🎯 Suggested Trading Strategy:
• BUY (safe entry): 3691 – 3688, SL: 3685, TP: 40–80–200 pips.
• SELL short-term (scalping): Around 3700–3705 if H1 reversal candles appear, SL: 3710, TP: 30–60 pips.
3600 Support Holds Firm;Gold Oscillates, Awaiting CPI for BuyingAfter gold broke through 3670, a sharp correction occurred. Currently, the support at 3600 still holds, and gold is oscillating in the range of 3620-3640. The release of today's U.S. CPI data may increase the market's bets on the Federal Reserve's interest rate cuts. However, before the Federal Reserve releases its news, the overall market will still continue to move upward, and pullbacks present better buying opportunities
Buy 3600 - 3620
TP 3640 - 3650 - 3660
Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
Gold: Consolidating below 3,660 resistanceHi everyone,
Gold has been moving quite neatly within its channel lately. Price has tested the 3,650–3,660 zone several times but continues to be capped there, making it a key resistance level. On the downside, support around 3,560 is still holding firm, acting as a solid cushion for the trend. The chart also shows a few Fair Value Gaps left from recent pullbacks – so if price dips, I see it more as a healthy retracement to build momentum rather than a bearish signal.
On the news side, recent US economic data has been supportive for gold: inflation has eased, the labour market is showing signs of softening, making it harder for the Fed to stay overly hawkish. In addition, central banks are still buying gold as a hedge against risk. With this backdrop, a break above 3,660 looks possible, opening the way towards 3,690–3,700 in the short term.
What do you think – will gold clear 3,660 this time round?
Another bullish move goldThis is a Gold Spot vs U.S. Dollar (XAU/USD) chart on the 1-hour timeframe from OANDA. At the current moment, the gold price is trading around $3,657.19, showing a gain of +21.345 points (+0.59%).
The chart highlights a bullish momentum, with the price consistently forming higher highs and higher lows since September 7th. Buyers are dominating, pushing the market upward after breaking through consolidation zones.
Key support levels can be seen around:
$3,655.97
$3,646.27
$3,628.16
$3,578.10
These levels serve as potential zones where buyers may step in again if the price pulls back.
The projection on the chart shows a bullish continuation setup. After a short retracement, the market is expected to resume its upward movement, aiming toward the new high zone at $3,708. This suggests traders are anticipating further upside momentum if gold maintains its current bullish strength.
Gold | 30min Double Top | GTradingMethodHello Traders,
I’m watching a potential double top forming on the 3-minute timeframe. For me to confirm and take this setup, I’ll need additional signals to align before entering.
✅ Conditions before entry:
A 30-minute candle must close within the range.
That candle needs to close with a specific closure rate I require.
RSI must print another divergence to confirm weakening momentum.
📊 Trade Plan:
Risk/Reward: 3.0
Entry: 3,697.15
Stop Loss: 3,703.8
Take Profit 1 (50%): 3,681.2
Take Profit 2 (50%): 3,670.6
🙏 Thanks for checking out my post!
Follow me for the next update. Keen to hear what your predictions on gold are and if you have any questions on how I trade double tops!
📌 Please note: This is not financial advice. This content is to track my trading journey and for educational purposes only.
RSI coming up from 15% on M5 + Morningstar (M5) / Engulf (M15)Price once again reacted off the EMA200 line on M15.
RSI came back up from c.15% on M5 and started printing an engulf. It was at this point that I placed my long. However the candle ended up being a dogi with the candle after it completing a Morning Star.