Market Mechanics6 Jul 2023 17:20
Despite the great story, when viewing the chart, it seems ALL could well retrace to the 15-16p confluence zone. Adding at current level isn’t a bad idea in my opinion but keeping powder dry for the opportunity to buy even lower would be wise.
As we all know, the markets don’t have to make sense. The mechanics are designed to take our money. Patience will certainly be needed to reap the rewards here. Good luck