Volatility clusters. After a big move, expect another attempt before things calm down. That’s where patience pays. I wait for the first pullback that holds a prior value area, then check whether live gold quotes across venues confirm (LME OTC indications, COMEX depth, and major retail aggregators). If futures lead but spot lags, I size smaller; when both align with rising participation, I press. Keep an eye on microstructure: are stops triggering above swing highs, or is absorption soaking them? Into London fix, spreads often tighten—good for entries with defined risk. End of day, I annotate every trade with context, not just P&L. Tomorrow’s conviction usually comes from yesterday’s journal.