Gold Typical Friday Long? XD

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Hi, I’m Maicol, an Italian trader.
I study Gold since 2019.

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Please read the description to understand the trading plan.
Don’t focus only on the chart. Thanks.

🌞 GOOD MORNING EVERYONE 🌞

🪙 Gold price action

Weekly and Daily are still bearish, and still aligned with H4.

But be careful, because we are close to the weekly lows and daily open.
A very strong level that previously gave a strong reaction.

My short target was that 4650 level, as shared in previous analyses.

Bias remains cautiously bearish based on my confirmations, with attention on the weekly lows.

Zones I’m watching unless invalidated:

Aggressive zone (for the real ones):
H4 FVG / Asian session high: 4710 - 4720

Conservative zone:
4740 - 4750

If this H4 candle or the next one closes above the H4 open zone, things could start to shift differently, but we will see from 15:00.

Yesterday’s daily lows have already been taken, so I expect price a bit higher before looking for shorts.

These are the only levels I have for today.

🚨 BREAKING: Ceasefire Extended, But Tensions Remain High

Middle East War: Donald Trump says Israel and Lebanon will extend the ceasefire by 3 weeks.

The President stated that the US Navy will “shoot and kill” any boat laying mines in the Strait of Hormuz.

Markets remain fully driven by geopolitical headlines, with the Middle East as the main catalyst.

A 3-week ceasefire between Israel and Lebanon has been announced. Positive on the surface, but it does not solve the real risk: the US-Iran conflict and the Strait of Hormuz situation.

👉 What this means now:

• Possible short-term relief
• But structural risk remains high

That is exactly why markets are moving inconsistently:

• Oil remains supported
• Yields remain elevated
• Gold lacks clear direction
• Volatility remains high

📊 Military Situation

The aircraft carrier USS George HW Bush has arrived in the Middle East as Washington increases its military presence in the region.

Direct threats: the US Navy has been ordered to act against anyone attempting to mine Hormuz.

⚠️ Real Market Read

The ceasefire is positive, but it may also give both sides time to prepare for a larger attack.

In addition, Iran is excluded from the agreement, so the core conflict remains unresolved.

👉 This is containment, not real de-escalation.

Bias for today:

👉 Cautiously bearish.
Yesterday showed abnormal price action.
Today could be another highly volatile session.

Stay sharp.

📬 If you have any questions, message me. I’ll reply.

In the meantime, have a good day.

-GOOD TRADING
-MANAGE RISK
-BE PATIENT

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