Simply put:
Bank Holiday โ Fewer institutions participating โ Lower Volume โ Lower Liquidity โ Gold often lacks the momentum to move.
This is why Gold may move more slowly, trade sideways for longer, and take more time to reach TP.
But remember: low liquidity does not always mean low volatility. With fewer orders in the market, a large capital flow or unexpected news can still cause sharp spikes, liquidity sweeps, or breakouts without clear confirmation. A strong candle during a Bank Holiday does not necessarily mean a new trend has begun.
That is why on days like this, I do not force trades or chase every price movement. If the setup is unclear or the breakout has not been confirmed, be patient, stay selective, and wait for a better opportunity.
Remember, a Bank Holiday is not a signal to BUY or SELL Gold. It simply means market conditions may be different from normal. Stay disciplined and know when to trade and when to stay out.
Forwarded fromGOLD BULLET VIP
GOLD BULLET VIP
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