XAUUSD – ATH back to normal, OANDA heading to $5,000: XAUUSD By: MMFlowTrading — TradingView

Market Background – When ATH No longer Peaks

Gold has entered a phase where every dip is heavily bought, indicating strong institutional acceptance of higher prices. The market no longer reacts emotionally to new levels – instead, ATH forms within the structure rather than exhausting it.

and:

Ongoing demand for safe havens

Fed’s cautious outlook

Ongoing geopolitical and macro uncertainty

➡️$5,000 grows from a psychological level into a realistic technical goal.

Structure and Price Action (First Half)

The bullish structure remains intact with higher highs and higher lows.

The current pullback is a corrective pullback, not a reversal – the CHoCH bearishness has not yet been confirmed.

Price continues to follow the ascending channel and demand areas, confirming the continuation of the trend.

Key points:
👉 No distribution markings on top — ATH protected by structure.

Trading Plan-MMF Method
Main Scenario – Buy Following the Trend

Focus on buying on pullbacks, don’t follow ATH:

Buy Zone 1: 4,837 – 4,782 (Demand Cross + Trend Line)

Buy Zone 2: 4,713 (Demand Zone/Deeper Entry Point)

➡️ Only execute buy orders after a clear bullish reaction.
➡️ Avoid FOMO on a larger scale.

Upside Targets (Sustained ATH):

TP1: 4,919

TP2: 5,027 (expansion nears $5,000 mark)

alternative

If price holds above 4,919 without a sharp pullback, wait for a breakout and retest before looking for follow-on buys.

eliminate

A first-half close below 4,713 would eliminate the bullish structure and require a complete re-evaluation.

generalize

Gold remains in ATH continuation mode. The best strategy is not to try to pick tops, but to patiently buy dips based on the flow of higher time frames.
At this point, the $5,000 is no longer a question of “if,” but “when.”