Still Watching the Market Move Without You? Fix That Today.

5 giorni fa

1. Current Market Structure
- Gold is moving inside a well-defined ascending channel, respecting each swing high and swing low with precision — a clear sign that the bullish structure is still intact.
- Key observations:
+ Price has just rejected from the resistance zone at the top of the channel.
+ The current correction is healthy and normal within an uptrend, not a reversal signal.
+ Buyers are still defending the structure as long as price stays above the mid-channel + support zone.
+ Momentum remains bullish — any pullback into the highlighted ENTRY ZONE becomes a high-probability continuation setup.
This is exactly how a strong trending market behaves before its next leg up.

2. MAIN TRADING SCENARIO (HIGH PROBABILITY) – LOOK FOR LONG
➤ Scenario: Price pulls back into the ENTRY ZONE (channel bottom + support zone)
Expectations:
Price retests the lower boundary of the ascending channel
Buyers step in at the confluence area (trendline + structure)
A bullish rejection pattern → strong confirmation for LONG entries
Reasons this setup is high probability:
✓ Confluence of trendline support + horizontal support zone
✓ Clear bullish market structure (higher highs – higher lows)
✓ Retracement after hitting channel resistance is expected
✓ No sign of bearish reversal structure at the moment
Upside Target:
Once price bounces from the entry zone:
TP1: Retest of the resistance zone
TP2: Breakout of the channel → continuation to higher highs (as marked on the chart)

3. Alternative Scenario (Low Probability)
If price breaks below the channel and closes under the support zone:
Market shifts into a corrective phase
Wait for structure to rebuild
No aggressive sells — only reassess when major levels break decisively
But at the moment, the bullish structure remains strong.

4. Conclusion
Gold is still respecting its bullish channel perfectly.
The upcoming pullback is NOT weakness — it is an opportunity.
→ Priority: LOOK FOR LONG in the ENTRY ZONE.
→ Target: A new bullish impulse wave forming toward higher highs.

4 giorni fa

Trade attivo

➤ Scenario: Price pulls back into the ENTRY ZONE (channel bottom + support zone)
Expectations:
Price retests the lower boundary of the ascending channel
Buyers step in at the confluence area (trendline + structure)
A bullish rejection pattern → strong confirmation for LONG entries
Reasons this setup is high probability:
✓ Confluence of trendline support + horizontal support zone
✓ Clear bullish market structure (higher highs – higher lows)
✓ Retracement after hitting channel resistance is expected
✓ No sign of bearish reversal structure at the moment
Upside Target:
Once price bounces from the entry zone:
TP1: Retest of the resistance zone
TP2: Breakout of the channel → continuation to higher highs (as marked on the chart)