📌 Gold Update — What is important at this time?
Today, gold reached a new all-time high (ATH)
and is now sustained above the important structure.
My reading is as follows:
🔼 Trend (Bias)
• Overall structure is still bullish
• Strong momentum after ATH break
• Pull backs are under control, not emotional
🔽 Important Support Zones
4,700 – 4,690
→ First reaction area
4,660 – 4,650
→ Previous structure / decisive zone
As long as the price is above these levels,
buyers are in control.
🔼 Resistance / Extension
4,740 – 4,750
→ Short-term reaction zone
Above this, gold
enters price discovery mode —
no clear resistance, only reactions will occur.
🧠 Important Reminder
A $100–$150 pull back in gold
is not a big deal in a strong cycle.
Structure > Emotion
Confirmation > Guess
If the market provides structure,
I will take an entry.
If not — I will wait.
🌴 Patience in the forest protects the tribe.
👇 Question:
Are you trading on pull backs —
or waiting for confirmation?
#GoldenOpportunity #XAUUSD #MarketStructureDraft #TradingDiscipline #RiskManagement $XAU