$XAU If you followed the price action yesterday before the Japanese market opened, the distribution phase was obvious.
The market structure changed, my system signaled a short position, the short was opened, held up well while I slept, and was stopped out before I woke up.
The distribution pulled the price almost to the all-time high, so I didn't participate in the long squeeze, but I was pleased with the price rebound.
A new short position is currently open.
I expect a correction below 50% (4955) and below 62% (4796).