The sentiment is clear: Bulls are running the show, preparing for potentially an eighth consecutive weekly gain. Our strategy is simple—wait for the intelligent retest to join the momentum.
🎯 THE TARGET ZONES (M30/H1)
We're focusing on the two most crucial zones derived from Fibo React Logic:
1. PRIME BUY ENTRY (The Sweet Spot):
Zone: 4018 - 4014 (Our key Fibo Retest Zone).
Action: Wait for Gold to pull back to this area. Execute a BUY (Long) only upon confirmed M30/H1 candle rejection (e.g., Bullish Engulfing/Pin Bar).
2. TAKE PROFIT TARGET (The Next Peak):
Zone: 4094 - 4098 (Fibo Extension/SELL React Zone).
Action: This is the primary TP for our Long entries, representing the next major target for the buyers.
📈 TRADING SCENARIO
Strategy: Patience is key. Let the market retrace to 4018 - 4014. Once confirmation hits, ride the wave up to 4094 - 4098.
🚨 Risk Alert:
Be disciplined with your Stop Loss. Maintain strict risk management, especially if the price fails to hold the 4018 - 4014 zone.
Let's trade with precision today!
🎯 THE TARGET ZONES (M30/H1)
We're focusing on the two most crucial zones derived from Fibo React Logic:
1. PRIME BUY ENTRY (The Sweet Spot):
Zone: 4018 - 4014 (Our key Fibo Retest Zone).
Action: Wait for Gold to pull back to this area. Execute a BUY (Long) only upon confirmed M30/H1 candle rejection (e.g., Bullish Engulfing/Pin Bar).
2. TAKE PROFIT TARGET (The Next Peak):
Zone: 4094 - 4098 (Fibo Extension/SELL React Zone).
Action: This is the primary TP for our Long entries, representing the next major target for the buyers.
📈 TRADING SCENARIO
Strategy: Patience is key. Let the market retrace to 4018 - 4014. Once confirmation hits, ride the wave up to 4094 - 4098.
🚨 Risk Alert:
Be disciplined with your Stop Loss. Maintain strict risk management, especially if the price fails to hold the 4018 - 4014 zone.
Let's trade with precision today!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.