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Breaking through the previous historical high, completing the trend of buying 4442 and selling 4559 on dips.
Strategy summary
Gold breaks out of its previous all-time high (ATH) and the bullish structure remains in place. My priority today is to continue buying with the trend, but only on big dips – rather than chasing gains. The second plan is to sell in reaction to the Fibonacci highs if prices rise excessively.
1) Technical insights (based on your charts)
A breakout of the old ATH is a strong bullish sign: we have a clear higher top, and price is building a new bottom.
The chart highlights the VL/Value buy zone below current prices – a logical bearish zone for buy reloading.
There is a high 1.618 Fibonacci sell area above, where a take profit is usually taken.
Key Takeaway: The trend is upward, but the higher it goes, the more likely we are to see a sharp rise and a rapid decline. Maintain discipline and trade level.
2) Trading plan for the day (clear entry, stop loss, target)
Scenario A (preferred): Buy the dip in Asia
✅ Purchase: 4442
Level: 4435
Target: 4747 (your expected target)
Logic: This is a complete drop in the session value area. If prices continue to hold here, continuation becomes the most likely path.
Scenario B: Fibonacci reaction selling high
✅ Sales: 4559
Level: 4568
TP: React to liquidate (short-term profit), or reject based on momentum management
Logic: 4559 is the Fibonacci high. It’s common to reject action if prices rise – but sell only as a reaction, not to chase.
3) Macro backdrop (why gold remains supported)
XAU/USD extended the previous day’s strong rebound (+2%) and set new highs for the second day in a row.
Under the support of multiple risk-off factors, the price is advancing towards the psychological price of 4,500 during the Asian session.
U.S. Treasury Secretary Scott Bessant’s comments added to uncertainty about the long-term reliability of the Fed’s policy – uncertainty that typically supports gold.
4) Risk Management (Liam Rules)
Don’t chase hackers. According to the plan, it can only be purchased at 4442.
Risk per trade: 1-2% maximum.
If you get stopped out, wait for the next structure – don’t trade revenge.
What is your strategy today: buy on the dip at 4442, or wait to sell on the pullback at 4559?
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