It's obvious from reading this thread that no one, not one of the "experts," know the history of their asset. When Gold began it's descent, I rode it all the way down to 1228. Using PitView, I stayed on the right side of the trade with the Market Maker. It's been a great year for Gold profit as I mostly used auto-scaling.
The descent is not yet ended. All year, I've used the 1M TF. I like to see the small moves They tell me what's next.
Ultimately, Gold will hit bottom, wherever that is, range for a while then begin it's climb back up. World news is where the insight comes from. Many times, one line in a story is all I need.
I worked and studied Gold for the last 2 years. I KNOW my key asset. When the drop was coming, I said "This is gonna be BIG!" I was right. If you don't know your asset inside and out, you're guessing, not trading.
When Gold changes tactics, you need to know what the Market Makers (banks) are up to. How have they changed their "plan?" That's where PitView comes in. Once you understand their tactical change, your "situational awareness" clicks "on." You fall into their plan and keep the profits coming in.