📊 Market Sentiment
Market sentiment for GOLD remains strongly bullish. One of the key drivers is the aggressive accumulation by global central banks. Recession concerns and persistent inflation fears continue to position gold as one of the most attractive safe-haven assets.
📈 Technical Analysis
Price has completed the expected accumulation phase and broke out strongly from the accumulation range. This former range has now turned into a clear demand zone. Price has pulled back into this zone again and is currently testing the $4060 level.
📌 Game Plan
The $4060–$3900 zone is my primary buy zone. I will continue accumulating within this range.
My first target is $4250, followed by $4400, which aligns with new all-time-high expectations.
If price closes below $3900 on the daily, this idea becomes invalid. Therefore, my stop is a daily close under $3900.
💬 If this breakdown aligns with your outlook, like and comment below.
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⚠️ This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before trading or investing.
Market sentiment for GOLD remains strongly bullish. One of the key drivers is the aggressive accumulation by global central banks. Recession concerns and persistent inflation fears continue to position gold as one of the most attractive safe-haven assets.
📈 Technical Analysis
Price has completed the expected accumulation phase and broke out strongly from the accumulation range. This former range has now turned into a clear demand zone. Price has pulled back into this zone again and is currently testing the $4060 level.
📌 Game Plan
The $4060–$3900 zone is my primary buy zone. I will continue accumulating within this range.
My first target is $4250, followed by $4400, which aligns with new all-time-high expectations.
If price closes below $3900 on the daily, this idea becomes invalid. Therefore, my stop is a daily close under $3900.
💬 If this breakdown aligns with your outlook, like and comment below.
For deeper sentiment and strategy insights, subscribe to my Substack free access available.
⚠️ This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before trading or investing.
Trade active
GOLD UPDATE – PERFECTIONWe are almost at the target point.
Planned and executed perfectly all shared live here.
Trade closed: target reached
Gold hit the target point exactly as expected and planned.In my opinion, we may see a new all time high soon as well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.