Gold is staging a recovery after a healthy correction. Price is now retesting the 4130 resistance, which aligns with the 161.8% Fibonacci extension. The 20-MA is acting as dynamic support, reinforcing the bullish outlook.
Buy setup in play if price breaks above 4130
Target: 4170
GU: For me 1,2980{image}
{quote} WE ARE BUYING STILL {image} If this current m30 candle closes bullish by 7:30 or even by 8am UTC, buy again because price couldn't close below our block
DXY will try to target again 99.25-30 but just a break above 99.30 will boost it upward, still we have a barrier 99.10 to remove while on downside the barrier before 98.50 is 98.80 Compare these price levels with where EU/GU market price would be to have a great accurate entries/exits. That's all for today. Safe trading
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{quote} Failed to buy more and price is closing below the rectangular block so no need to hold buys or buy again, chances of selling more is higher now so let wait for ac confirmation by 1:30 or 2pm UTC and target sells
{quote} A TREND CHANGE SO WE ARE SELLING NOW {image} The trend is bearish now and is good to short now, confirmation is key but not selling prematurely in a strong bullish market with no sign of bearishness
{quote} STILL DIRECTION IS NOT CLEAR {image} Price is causing disturbances and confusion around this rectangular block, clue is if this bullish can closes above the block it could still buy though probability is low now compared before but a close below the block by 2pm will lead to more sells
{quote} BULLS TAKING CONTROL AGAIN {image} If this current m30 closes above 4123 then it will still buy and it looks like we are still going to buy, a close above 4123 by 2:30 and finally by 4pm UTC means we are still buying , don't worry sometimes this tricky moves occur around a zone but not always, once a while , but if you know what you are doing, you will still get it and it's not that scary, just some confusion.
