Despite the short-term pullbacks and liquidity grabs, the internal structure of gold remains firmly bullish. Price continues to respect higher timeframe demand zones while forming higher highs and higher lows, a clear indication that buyers are still in control.
What we’re seeing right now is not weakness, but redistribution. Smart money is accumulating positions at discounted levels, preparing for the next expansion phase. These temporary dips are often designed to shake out weak hands before the real move unfolds.
As long as key demand zones hold and structure remains intact, the bias stays bullish. Any retracement into strong zones should be viewed as an opportunity, not a reversal signal.
Patience is key here. Let the market come to your levels, trust your structure, and execute with discipline.
The trend isn’t broken… it’s just building momentum.
Key levels to watch out for:
1) Gold should not break the last low at 4643 for the internal structure to remain bullish.
2) If it goes past 4773, chances are it will continue the rally and create a new higher high above 4890!
Buy Opportunities:
Demand zone at 4675-4683 is surely an opportunity to long gold all the way up to the next supply zone at 4730-4743!
Sell Opportunities
Look for the short opportunities as the price has already tapped the supply zone as shown and hold it all the way down to the demand zone.
If you are a swing trader and trade with the trend only then you should wait for the price to tag into the demand zone and then you can long it with TP at the next supply zone!
Either way, both selling and buying opportunities are there with gold, you just need to execute it right!