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Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124

Technical Structure (First Hour)
Prices are still trading below the downtrend line, but downward momentum is fading.
The current trend is a technical correction of Fibonacci discount + structural support.
No bearish confirmation persists – sellers lose engagement.
➡️This is a decision-making zone where reactions will determine the next phase.
Main trading areas and levels
🔹 Buying area (reaction area):
4,880 – 4,870
(Trendline Support + Fib 0.618–0.786 + Previous Reaction Zone)
🔹Cancellation:
Closed below 4,820 in the first hour → buying idea weakened.
Possible targets (if bullish reaction continues):
🎯 TP1:5,070
🎯 TP2: 5,333 (1.618 extended/primary recovery target)
Implementation Notes
Don’t enter blindly → wait for bullish candle reaction or confirmation of higher lows.
Expect volatility to rise significantly; manage volume accordingly.
Structure > Title
generalize
Gold is squeezed into a highly converging support area.
If buyers defend this area, a strong recovery phase towards 5,070 → 5,333 is possible.
If not, patience trumps expectations.
📌 Trade reactions, not expectations.