The Pullback Everyone Fears… But Smart Traders Are Waiting For

4 giorni fa

1️⃣ Price Retracing Into Key Support
Gold is dipping into the support zone just below yesterday’s low.
This zone aligns with:
- The lower boundary of the short-term retracement channel
- The midline of the major ascending channel
- A liquidity pocket where buyers previously stepped in aggressively
This creates a textbook buy-the-pullback setup.

2️⃣ Trend Structure: Buyers Still in Control
Despite the temporary pullback:
- Trendline remains intact
- Momentum is still upward
- No major swing low has been broken
As long as 4,190 holds, the market favors continuation to the upside.

3️⃣ Expected Upside Rotation
If price stabilizes above 4,190–4,200 and intraday buyers return:
- Gold may begin a new bullish swing
- First target sits at 4,260
- Main target aligns with the upper boundary of the channel → 4,290
This completes the wave cycle shown in the chart (blue pattern).

4️⃣ Risk Scenario
⚠️ If Gold cleanly breaks below the channel and invalidates the trendline:
Price can correct toward 4,120 and even retest 4,100 before rebuilding bullish structure.
This does not kill the uptrend — but it delays the next bullish leg.

➡️ Primary Scenario
Pullback holds above 4,190 → bullish continuation → target 4,260 → 4,290.
⚠️ Risk Scenario
Break below the channel = short-term drop toward 4,120–4,100.

If this analysis resonates with you or if you see a different angle drop your thoughts in the comments. I’d love to hear your view!

l’altro ieri

Trade attivo

📌 XAUUSD Update — Short-Term Pullback, Long-Term Bullish Outlook

Gold is experiencing a short-term decline, but the long-term trajectory remains strongly bullish. This temporary dip is healthy and expected, especially when considering the major global factors that continue to support higher gold prices:

🌍 3 Key Reasons Gold Is Still Bullish Long-Term

1️⃣ Federal Reserve Policy Shift
The Fed is moving closer to rate cuts as inflation cools, reducing the strength of the USD. Lower interest rates historically weaken the dollar and boost demand for gold as a safe-haven asset.

2️⃣ Geopolitical Tensions & Global Instability
Ongoing conflicts and rising geopolitical uncertainties—whether in Eastern Europe, the Middle East, or Asia—continue to push investors toward gold as a reliable store of value.

3️⃣ Central Bank Buying at Record Levels
Many major central banks, especially in emerging markets, are aggressively increasing their gold reserves to diversify away from the USD. This sustained demand strongly supports gold’s long-term bullish trend.