Gold is currently moving through the expected corrective phase. My outlook remains bullish; I prioritize buying the dips over selling the trend. Here are my three key interest zones:
Summary: Don't sell the correction—exploit it. The macro trend is your friend.
Zone 1 (First Setup): Potential for an immediate technical rebound. Target: Upper Liquidity. If the breakout is impulsive, wait for my next update before acting.
Zone 2 (Buying Interest): Intermediate area. Look for Price Action confirmation to target new ATHs (All-Time Highs).
Zone 3 (Best Buy Zone - 3900/4000): High conviction level. The ideal entry for scaling into long-term buy positions.
Summary: Don't sell the correction—exploit it. The macro trend is your friend.
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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.