GOLD DAILY – MACRO PERSPECTIVE FOR LONG-TERM GOLD

Hello everyone 👋
Today is the weekend, let's review gold's movements to gain insights for the upcoming trading week.

The weekly candle closed at 3,886.5 – a high level that most investors did not anticipate. The nearly full bullish daily candle has strongly reinforced the main bullish trend of gold in the medium and long term.

🔎 Technical Perspective
Analyzing through Fibonacci extension, the next target for gold is at 4,000, coinciding with the 1.618 Fibo level and an important psychological resistance zone.

This is a confluence zone between technical and psychological factors, expected to have a strong reaction when the price approaches this area.

The current uptrend is almost unwavering, bolstered by macro factors – U.S. political instability is causing uncertainty for the USD.

💡 Macro Perspective
The U.S. government shutdown is indefinite, economic data is delayed, causing market confusion.

USD weakens, while gold becomes a safe haven.

This context continues to reinforce the long-term uptrend of gold, especially as investors seek value-preserving assets.

⚖️ Long-term Scenarios and Strategies
1️⃣ Long-term Buy Scenario:
Entry: 3,640 – 3,650 zone
Reason: This is a strong support area on the Volume Profile chart, where large liquidity is concentrated.

When the price returns to this area, the pressure of profit-taking and position unwinding from trapped traders will create a strong price rebound effect.

This is the most potential buying zone in the medium term.

2️⃣ Short/Medium-term Reaction Sell Scenario:
Entry: around 4,000
Reason: This is a confluence resistance zone of technical (Fibo 1.618) and psychological (round number) factors.
Prioritize short-term reactionary selling, capturing the pullback if gold hits a peak.

⚠️ Risk Management Notes
Trading on larger time frames requires capital and good management skills, as stop-loss ranges are wider compared to shorter frames.

Do not enter trades too early without confirmation signals from the price zone.
Always clearly define the time frame and profit expectations before entering a trade.

📈 Summary:
The long-term trend of gold remains bullish, with a medium-term target towards $4,000.

Buying around 3,640 is a beautiful price zone to accumulate a long-term position.
Sell reaction around 4,000 if there is a clear reversal signal.

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