Yep your right, i don't trade with an opinion because that will just keep you holding on to bad positions and your just guessing , I trade specific set ups with an expectation which is extremely important and so the direction actually doesn't matter , I'll try and explain it better in this euro chart to follow
What happens usually is I notice the weakness or strength then I wait for one of my patterns. Simplest one is flag. There's cup with handle, ascending triangle, and 123 on a flat top . Reverse obviously works on them as well.
Possible 123 setup in the Aussie short at .76 if it gets back there. I probably won't take it this session. Maybe London.
Just watching them fall. Third low broken in Aussie. Gold had a nice fall. I'd sell a retracement back towards 1340.
yes gold's into quite a bit of structure now on the 1hr which it might have a hard time getting through