On Wednesday, Gold experienced a strong pullback from the new ATH at 4525 down to 4448.
The key point is:
👉 Price only retraced to the H1 ascending trendline and then bounced strongly.
This move was NOT a reversal, but a healthy technical pullback within a strong uptrend.
During today’s Asian session, Gold surged again and printed a new ATH at 4530, confirming:
• The uptrend remains intact
• Buyers are still in full control
• All pullbacks are simply momentum resets
📊 2. TECHNICAL STRUCTURE
• H1 structure: Clear Higher High – Higher Low
• Ascending trendline still respected
• No bearish structure break at all
➡️ This is a textbook example of a healthy and sustainable uptrend, not a fake rally.
🎯 3. TRADING PLAN
✅ Main bias: BUY with the trend
• Look for BUY opportunities at support and value zones
• Avoid counter-trend SELLs (SELL only for experienced scalpers with small size)
• Strict risk management – SL is mandatory because trading is probability-based
📌 Reminder:
Winning is not about buying everywhere, but buying at the right zone, with the right size and discipline.
The key point is:
👉 Price only retraced to the H1 ascending trendline and then bounced strongly.
This move was NOT a reversal, but a healthy technical pullback within a strong uptrend.
During today’s Asian session, Gold surged again and printed a new ATH at 4530, confirming:
• The uptrend remains intact
• Buyers are still in full control
• All pullbacks are simply momentum resets
📊 2. TECHNICAL STRUCTURE
• H1 structure: Clear Higher High – Higher Low
• Ascending trendline still respected
• No bearish structure break at all
➡️ This is a textbook example of a healthy and sustainable uptrend, not a fake rally.
🎯 3. TRADING PLAN
✅ Main bias: BUY with the trend
• Look for BUY opportunities at support and value zones
• Avoid counter-trend SELLs (SELL only for experienced scalpers with small size)
• Strict risk management – SL is mandatory because trading is probability-based
📌 Reminder:
Winning is not about buying everywhere, but buying at the right zone, with the right size and discipline.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.