Gold Retesting CP Zone Before a Potential Rally Toward 4,270$

Gold continues to respect its bullish structure after a clean breakout from the triangle accumulation pattern. The current pullback looks healthy and controlled, suggesting that price may simply be returning to key liquidity zones before launching the next impulse wave upward.

🔍 1. Market Structure – Clean Bullish Trend

Overall trend: Strong bullish on H1–H4.

Price broke out with momentum → beginning of a new impulse leg.

Recent correction tapped perfectly into the 0.382–0.50 Fibonacci area, confirming a typical bullish continuation pattern.

The key now is how price reacts around the CP Zone at 4,210 and the OBS Zone at 4,189.

📊 2. Key Technical Zones
🟩 CP BUY Zone: 4,210 – 4,211

• Fair retest zone
• Fibo confluence + prior breakout structure
→ High-probability reaction area.

🟧 OBS BUY Zone: 4,187 – 4,190

• 30m bullish Order Block
• Deep liquidity area where Smart Money often reloads
→ The “golden” buy zone if price sweeps deeper.

🎯 Primary Target

• 4,271$ (Fibo 1.618 extension + upper resistance)
→ Key expansion target for the ongoing bullish wave.

🔄 3. Trade Scenarios
Scenario 1 – CP Zone BUY (Priority)

If price retests 4,210 and shows bullish reaction → BUY continuation.

TP: 4,240 → 4,260 → 4,271
SL: Below 4,205

Scenario 2 – Deep Liquidity BUY (Alternate)

If price sweeps down into OBS 4,189–4,190, look for strong wick rejection → BUY.

TP: 4,220 → 4,240 → 4,271
SL: Below 4,180

🧠 MMFlow Insight

Trend remains undeniably bullish, no signs of reversal yet.

Pullbacks into CP/OBS are simply Smart Money accumulation phases.

As long as price holds above 4,189, the bullish bias remains dominant.

Expansion toward 4,27x is still the main roadmap.

👉 Avoid selling against the trend. Focus only on precision BUY setups at the right liquidity points.