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News is everywhere. Weekend headlines screamed an escalation of war – with gold prices opening lower in Asia. Subsequently, the DXY indicator strength reached 98.10, indicating a risk-off trend.

However, here we are: gold prices are holding steady at $4,673.

To me, total confusion. But the charts don’t lie.

The structure of the first hour? A head and shoulders pattern is forming.

🔴Left shoulder: ~4,706
🔴Head: ~4,680
🔴Right shoulder: construction stage
🔴Neckline: ~4,662–4,673 (current area)

What do I watch:

If it continues to be above 4,662 → false breakthrough → restore 4,680 → fill the gap of 4,706

If close below 4,662 → Confirmation of head and shoulders pattern → 4,631 → Liquidity scan 4,600

Questions no one asks:
Why is gold still strong after falling $40 + Trump’s refusal to reach a peace deal with Iran + 4% balanced inflation + 98 DXY?

Accumulation or distribution?

As for me – I don’t predict. I responded. Let the neckline decide.

👇 What’s your direction here? Buy the dip or sell the trend?

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