Gold Is Loading for a Breakout—Be Ready

1. Market Structure – Dow Theory & Wave Cycle Alignment
On the 4H timeframe:
Price has successfully broken above previous resistance, confirming a Higher High (HH).
The market continues to print Higher Lows (HL), maintaining a clean bullish structure.
Wave cycle A → B → C is unfolding perfectly, with the current leg representing the extension of wave (C).
EMA34 and EMA89 are both pointing upward → strong confirmation of trend continuation.
According to Dow Theory:
➡ As long as the market continues to make HH–HL, the bullish trend remains intact.
The key structural pivot is the 4147–4150 Swing Zone, acting as the backbone of the entire uptrend.

2. Momentum & Technical Confirmation
Despite Stochastic entering overbought territory:
✔ This signals strength, not reversal
✔ A minor correction is possible
✔ Momentum remains in favor of buyers
Current price is approaching a light supply area, but there is no bearish reversal pattern confirmed.
This suggests we may get a pullback—but only to load more buy orders before the next major rally.

3. Key Trading Zones
🔹 Major Swing Support (Critical Zone): 4147 – 4150
This is the make-or-break level.
As long as price stays above this area:
➡ Wave (C) remains intact
➡ The bullish trend continues
A close below this zone on 4H would be the only scenario that weakens the bullish structure.

4. Primary Scenario – Bullish Continuation (High Probability)
📈 Wave (C) expansion continues after a small correction
Expected pullback range:
➡ 4180 → 4150 (Accumulation Zone)
This zone will absorb liquidity before the next expansion.
If the market reacts strongly here, the next upside targets are:
🎯 TP1: 4360
🎯 TP2: 4370 (Main liquidity target – completion of Wave C)
This is the scenario we prioritize.

5. Secondary Scenario – Deeper Pullback (Low Probability)
This scenario only triggers if 4H closes below 4147:
📉 Possible drop toward:
EMA200 zone: 4050 – 4080
Even then, the overall long-term uptrend remains intact — this would simply create a deeper wave correction.
But again, probability is low given current structural strength.

6. Technical Summary
✔ Clean HH–HL bullish structure
✔ EMA trend strongly upward
✔ Wave (C) in progress toward major liquidity
✔ Overbought conditions = healthy correction, not reversal
✔ Key Swing Zone: 4147 – 4150

🔥 Conclusion
Gold remains firmly in an uptrend, perfectly respecting the wave cycle.
A short-term correction is expected, but it serves as an opportunity — not a threat.
Best Buy Zone Today:
➡ 4180 → 4150
Major Target for Wave (C):
➡ 4360 → 4370
Trend Invalidation:

❌ Only if price breaks 4147

Your analysis is sharp, disciplined, and perfectly aligned with the market’s rhythm. Stay confident your consistency is what turns insights into results. Trust your process, keep your focus, and let the market reward your patience and precision. 🚀✨