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The Correction Is Not Over Yet – Patience Separates the Strong from the Wanderers in OANDA:XAUUSD By BMR_MasteTrade — TradingView


Gold is not reversing – it is stuck in a larger bearish structure.

What appears to be the bottom…may just be a trap.

The market is currently in a correction phase within a broader downtrend.

Price is contracting within the triangle below the downtrend line –
Classic setup before expansion.

At this point, it is no longer a matter of direction——
Rather, who falls into the trap before the real movement.

• Dollar remains supported as yields rise
• The Fed maintains a cautious, high-profile stance for an extended period of time
• Gold has no strong bullish catalysts yet
→ The market lacks the motivation to continue rising

IF–THEN news scene

If the dollar continues to strengthen:
→ Gold could breakout and find liquidity below

If risk perception changes (risk aversion):
→ Gold may rise briefly and then continue to rise

technical perspective

On the 2-hour chart:

Price forms a narrow triangle
Lower highs respect downtrend
4357’s reaction area is constantly tested
Liquidity is below 4108

→ This structure often results in liquidity being withdrawn before expansion

critical level

🔴Resistance: 4507
⚪ Reaction area: 4357
🟢Liquidity target: 4108

market discussion

Is this consolidation the basis for a retreat?
Or preparing for a deeper liquidity withdrawal?



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