When observing the movement of gold and noticing its decline into the demand zone marked in blue, traders often interpret this as a potential buying opportunity. The strategy here is to exercise patience and wait for the confirmation signal, which is indicated by the change from a red bar to a green one. This signal acts as a cue to consider further buying into the market. By following this approach, traders aim to capitalize on the price movements of gold. The first position typically results in banking over 100 pips, while the second position can yield even greater returns, often exceeding 220 pips.
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