Lenovo wrote: Fri Oct 10, 2025 5:00 pm should we always wait to be above or below the daily open?


in the case of the gold figure, wait until it is above the daily open

The intraday opening line serves as a reference to enhance trading certainty.
Regarding your chart, if it were my analysis, the blue dot (as the second major point) would indicate a potential long opportunity. However, I would wait for the small green dot to appear and only enter a long position upon a moving average crossover.
Prior to that, since the large red dots and small yellow dots show a gradual decline and remain below both the opening line and the VWAP line, I would maintain a short position.