Gold: Buy setup brewing around 3045 – wait for confirmation!

9 Nis

Hey traders! 👋

I’m eyeing a potential long opportunity on Gold in the 3030–3045 zone, but only with proper confirmation.

The shiny metal has broken and closed above Monday’s high with strong momentum, signaling short-term strength. However, considering the overall short-term bearish bias, I anticipate a pullback toward the 78.6% Fibonacci retracement level.

💡 Here's the plan:

🔸 Wait for price to dip into 3030–3045
🔸 Watch for bullish rejection candles or confirmation patterns
🔸 If confirmed, go long with targets at 3088 and 3123

🎯 This could be a great opportunity to catch the next leg up while still respecting short-term corrections.

If this setup adds value to your analysis, I’d truly appreciate your boost. Thanks for the continued support and happy trading! 💛📈

10 Nis

İşlem kapandı: hedefe ulaştı

Our trade reached target and moved exactly as predicted ,