Gold: Slow Fade or New Wave?

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👋 Hello friends!

It’s been a while since my last post here — good to be back.

In my previous updates, I mentioned that after a correction I was open to the idea of Gold eventually pushing toward new highs. However, the current price structure is beginning to suggest that the correction may turn out deeper and more prolonged than initially expected.

At this stage, the chart is starting to show several signs that Gold could begin a broader move to the downside from the current area.

Nothing is certain in the market, but this is the scenario I’m currently monitoring.

📊 Key levels on my chart

🎯 Target 1: 5000
🎯 Target 2: 4750

🚫 Invalidation level
If price reaches 5197.150, this idea would no longer apply.

Until then, I’ll be watching how price behaves around the current region and whether momentum continues to build for a deeper retracement.

⚠️ As always, this post reflects my personal chart perspective.
Please make decisions according to your own risk management.

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トレード稼働中
Update: Move stop to 5064
ノート
Gold is approaching my target at 4750.

I’m moving my stop to 4996.
トレード終了: 利益確定目標に到達

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