Oro / Dollaro
Short

Gold Pulls Back From All-Time High – Correction Looks Limited

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📊 Market Overview
Gold slightly corrected from its all-time high near $4,239, showing early signs of a short-term pullback, but the overall trend remains bullish.
Despite the correction, fundamental sentiment still supports Gold:

💬 US–China trade tensions and geopolitical risks continue to fuel demand for safe-haven assets.

💵 The US Dollar remains under pressure amid expectations of a Federal Reserve rate cut later this year.

⚖️ Ongoing concerns about a possible US government shutdown further enhance Gold’s attractiveness.

These factors suggest that the current dip is likely a healthy correction within a strong uptrend, not a reversal.

🧠 Technical Structure (MMFLOW Wave View)
Gold has likely completed a minor Wave (V) on the M30 chart, forming a new ATH Zone near 4,239.
Currently, price is unfolding a corrective A–B–C pattern, expected to find support at key liquidity zones before resuming the uptrend.

Our model highlights two potential BUY setups and a short-term SELL scalp opportunity for today’s trading session.

🔑 Key Levels to Watch
🔵 BUY Setup 1
Zone: 4,184 – 4,182
SL: 4,178
TP: 4,188 – 4,192 – 4,196 – 4,200 – 4,210 – 4,220 – ???

🟢 BUY Setup 2 (Deeper Retrace)
Zone: 4,148 – 4,146
SL: 4,140
TP: 4,152 – 4,156 – 4,160 – 4,170 – 4,180 – 4,190 – 4,200

🔴 SELL SCALP Opportunity
Zone: 4,230 – 4,234
SL: 4,238
TP: 4,220 – 4,215 – 4,210 – 4,200 – 4,190 – ???

⚙️ MMFLOW Trading View

📈 Price is currently respecting Wave (A) of the correction.
We expect a possible (B) retracement toward 4,220 – 4,230, followed by (C) decline completing near 4,147 – 4,150 (Fibo 0.618 / CP Buy Zone).

From there, Smart Money may re-enter long positions targeting a fresh liquidity sweep toward the 4,285 SELL ZONE.

In short:
The uptrend remains intact, only a short-term correction is unfolding.
Patience is key — best opportunities will likely appear around 4,150 – 4,180 range.

The structure aligns perfectly with both technical confluence (Elliott + Liquidity Zones) and macro sentiment.
If the market holds above 4,140, Gold could aim for new highs toward 4,285 – 4,300 in the next few sessions.

However, traders should:
✅ Always use Stop Loss — volatility is high near record highs.
✅ Avoid overtrading in narrow pullback zones.
✅ Focus on reaction at key liquidity levels before entering.

⚡ Summary
Gold remains technically bullish with limited downside correction.
Watch for price reaction around 4,184 and 4,147 — both zones represent strong liquidity areas where Smart Money may look to buy again.

After completing this correction, a new impulsive leg up toward 4,285+ could unfold, potentially marking the next all-time high.

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