Keeping my Buying order / Gold eyes #1,833.80 extension

Gold's general commentary: Very slow pace Rectangle Trading on the Hourly 4 chart, as current configuration is a typical sign that the market is consolidating, waiting for a catalyst to reveal an direction. Same with the DX (Intra-day). I assume that following the Monthly fractal, the market is waiting for the NFP to see how Wall Street will digest current developments and the Fed unchanged rate aftermath. Fundamentally, the risk-off sentiment that DX had these past few weeks should fade away after this result as Investors will remove capital from safe-haven assets such as Gold and can go back to Bond Yields with confidence. Meaning that if Gold gains value, Bond Yields should lose along with the DX on Lower extension, which can continue Buying sequence on Gold. Any pullback to the #1,800.80 psychological barrier and possible Price-action rejection is a Buying opportunity ( I hope you used yesterday's dip and Bought again towards #1,815.80), above #1,833.80, I expect last week's late Buyers to yield and push the Price-action towards #1,845.80.


Technical analysis: It is Highly important to note that Gold always repeats it’s cycles and allow me share the configuration which was evident on the charts: On November #11 - #12 variance, Gold dipped throughout E.U. session towards the #1,856.80 and as market closing approached, Bought back the dip and closed the market session near #1,884.80. On November #16 (cycle fractal), market sentiment delivered almost the same movement, decline towards #1,864.70, and tomorrow’s session market closing near Weekly High priced at #1,895.80 (again similar scenario). Throughout yesterday's session, E.U. opening was flat but as Wall Street approached, Price-action dipped on an aggressive spike towards #1,800.80, and Bought back just within few Hours towards #1,814.80 (currently Price-action is Trading above) so - according to Daily cycles, every dip towards the Support was Bought back, and if Gold experiences aggressive push towards the Support and Price-action rejects it, I don’t see why Gold won’t repeat this kind of sentiment and follow the statistic rules. As I expect debacle on NFP announcement, DX might be hurt and add enormous Buying pressure on Gold. If market closes above #1,814.80 Resistance, expect #1,833.80 within few Hours of U.S. session. Critical session for Gold’s Short-term today.


My position: I am keeping my Buying order, with #1,812.80 as an entry point, expecting #1,833.80 and above maximum by Friday's session. My Target is #1,835.80.