🚨 GOLD BULLISH CONTINUATION SETUP 🚨
After sweeping liquidity and retracing into the key Fibonacci discount zone, Gold reacted perfectly from the 0.5 - 0.618 retracement area 📊
Buyers stepped back in aggressively, confirming that the market is still respecting the bullish structure. The reaction from this zone shows strong demand and a potential continuation toward higher liquidity levels.
🔍 What I’m watching now:
• Holding above the 4700 support zone ✅
• Continuation after consolidation 📈
• Momentum building for a breakout toward previous highs 🚀
🎯 Bullish targets:
➡️ First objective around 4750
➡️ Final expansion toward the 4765+ liquidity zone
As long as price remains above the Fibonacci support area, the bullish scenario remains valid. The market currently looks like it’s preparing for another impulsive leg higher after this accumulation phase.
⚠️ Patience is important here — chasing candles is dangerous. The best opportunities come from waiting for pullbacks into key levels while the overall structure stays bullish.
After sweeping liquidity and retracing into the key Fibonacci discount zone, Gold reacted perfectly from the 0.5 - 0.618 retracement area 📊
Buyers stepped back in aggressively, confirming that the market is still respecting the bullish structure. The reaction from this zone shows strong demand and a potential continuation toward higher liquidity levels.
🔍 What I’m watching now:
• Holding above the 4700 support zone ✅
• Continuation after consolidation 📈
• Momentum building for a breakout toward previous highs 🚀
🎯 Bullish targets:
➡️ First objective around 4750
➡️ Final expansion toward the 4765+ liquidity zone
As long as price remains above the Fibonacci support area, the bullish scenario remains valid. The market currently looks like it’s preparing for another impulsive leg higher after this accumulation phase.
⚠️ Patience is important here — chasing candles is dangerous. The best opportunities come from waiting for pullbacks into key levels while the overall structure stays bullish.
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✅Free Telegram Channel: t.me/+o8TEYAYZ1ZljNzZk
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.