GOLD Honestly, this setup feels like one of those “quiet before the storm” moments. Gold’s been consolidating for a while, and markets are just waiting for a trigger — maybe USD weakness or geopolitical tension to light the fuse. I’m personally leaning bullish, but I won’t rush in blindly. I’d like to see a strong bullish candle close above the channel before fully committing. The risk-to-reward here looks attractive — risking a small move below the local structure to target the upper zone gives plenty of room for a clean swing trade. And if it fails? That’s fine — that’s why we use stops. The key is discipline, not perfection. Bias: Bullish (potential breakout) Entry: After breakout above the upper trendline (~3,995–4,000 area) Stop Loss: Below recent low (~3,870) Target: 4,320–4,350 zone Risk-to-Reward: Roughly 1:3
🧠 Strategy Summary: Price is holding above the trendline demand zone, showing bullish pressure after CHOCH and BOS confirmation. A breakout above the rejection line would trigger upward momentum toward the 4,074 target point. EMAs (70 & 200) are aligning for a potential bullish crossover, supporting buy momentum.