XAUUSD: 800 Pips Secured, but Is the Correction Really Over?
Yesterday, after revisiting the 4,000 support zone as expected and explained in my previous analysis, Gold bounced strongly and tested the area above 4,100.
That rally delivered around 800 pips profit on my long trade, and now the market is showing a mild pullback, consolidating around 4,085.
The key question now:
👉 Is the overall correction over, or is there still more to unfold?
From a technical perspective, as long as 4,000 remains intact, Gold retains its bullish potential toward the 4,200 resistance zone.
However, I prefer to stay patient at the moment — being flat at the time of writing — and will wait for a potential dip toward 4,050 or slightly below.
If the price shows a positive reaction in that area, I’ll consider re-entering long positions.
🎯 Upside targets:
• First: 4,150
• Second: 4,200
Keeping a positive risk-reward balance remains the main priority.
🚀 Let’s see if the market confirms the plan.
That rally delivered around 800 pips profit on my long trade, and now the market is showing a mild pullback, consolidating around 4,085.
The key question now:
👉 Is the overall correction over, or is there still more to unfold?
From a technical perspective, as long as 4,000 remains intact, Gold retains its bullish potential toward the 4,200 resistance zone.
However, I prefer to stay patient at the moment — being flat at the time of writing — and will wait for a potential dip toward 4,050 or slightly below.
If the price shows a positive reaction in that area, I’ll consider re-entering long positions.
🎯 Upside targets:
• First: 4,150
• Second: 4,200
Keeping a positive risk-reward balance remains the main priority.
🚀 Let’s see if the market confirms the plan.
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📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
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🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.