Gold (MGC) — HTF Bullish, Waiting on Acceptance for Continuation

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HTF structure remains bullish with price printing higher highs and higher lows.
Yesterday produced a slow, rotational push higher, suggesting digestion rather than clean expansion.

Today’s session opened by testing yesterday’s high, followed by an immediate pullback into the 50% equilibrium of yesterday’s range. This area is now acting as a key decision zone.

For continuation, I want to see:

Displacement away from the 50% level

Reclaim and acceptance above yesterday’s high (not just a tag)

Clean follow-through without immediate rotation back into prior range

If price fails to reclaim and starts accepting below equilibrium, I’ll remain patient and wait for deeper value before considering continuation setups.

Bias stays bullish — execution depends on confirmation, not assumption.

Plan > Patience > Execution

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.