GOLD – AWAITING CONFIRMATION AFTER TRIANGLE BREAK

5 days ago

🌸 GOLD – AWAITING CONFIRMATION AFTER TRIANGLE BREAK, BUY OPPORTUNITY AT FVG ZONE 🌸

💬 “The market always instills fear just before it makes its strongest surge.” – that's what Kristina wants to remind us today 💖

After the recent decline, gold has broken down from the triangle pattern on the H1 frame, leading many traders to start placing sell orders following the trendline. However, Kristina still hasn't seen a confirmation signal for a long-term downtrend – instead, the market is retesting strong liquidity zones, which could create a short-term rebound point.

📊 Technical Analysis:

The FVG zone around 3956–3958 is currently acting as a potential buying area, where the price may react to form a recovery.

Place a safe stop loss below the 3950 zone, with a further target towards 4100, where the Liquidity Strong cluster is concentrated according to the H4 frame.

Conversely, if the price breaks below 3930, only then can a long-term downtrend be confirmed, and Kristina will look for a sell setup in the direction of retesting the breakout zone, with a target of 3855.

🎯 Today's Trading Scenario:
Buy around 3956–3958, SL 3950, TP 4100.
If the price breaks 3930, wait to Sell when the price retests, TP 3855.

💡 Currently, the gold market is in a “hesitant” phase between two directions. Let the price action become clearer before deciding on a position. Sometimes, patience is the best position a trader can hold. 💪

🌷 The analysis reflects Kristina's personal perspective, not an investment recommendation.
If you share the same view, feel free to leave a comment below 💬✨

5 days ago

Trade active

Buy signal going in the right direction, pocket 200 pips for those who read my post