Gold has clearly broken out of a bullish structure and continues to trade steadily within a consolidating upward channel. The recent impulsive move confirms a strong entry from the smart money, and the current price action reflects a healthy correction phase before the trend continues, rather than a reversal.

From a fundamental perspective, the Federal Reserve’s dovish expectations and expectations of lower interest rates have supported gold, making gold’s decline corrective and tilting the balance in favor of trend buying.

📊 Market structure and money market liquidity (first half of the year)
• Confirmation of uptrend via HH and HL
• Price falls towards demand zone to rebalance liquidity
• No descending bone fractures yet

💎Main level – MMF style
• Basic buying area: 4,268
• Deep buy zone: 4,238 – 4,219
• Upside target: Target Price 1 4,305 → Target Price 2 4,324

🎯 Trading scenario
Main scenario – buying with the trend
• Wait for price to drop to 4,268 or 4,238–4,219
• Look for bullish confirmation
• Target: 4,305 → 4,324

alternative
• If the price remains at 4,268 and stabilizes
• Breakthrough 4,305 → Awaiting retest → Buy trend continues

🧭MMF Intraday Bias
• Bullish above 4,238
• Loss of enthusiasm when price closes below 4,219

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