๐ข๐ฝ๐ฒ๐ป ๐ฏ๐ถ๐ด ๐น๐ผ๐ป๐ด ๐ง๐ต๐ฒ ๐ฏ๐ผ๐๐ป๐ฐ๐ฒ ๐ถ๐ ๐ฟ๐ฒ๐ฎ๐น. ๐ง๐ต๐ฒ ๐๐ฟ๐ฒ๐ป๐ฑ ๐ถ๐๐ป'๐. $XAU ๐ก
Gold caught a bid off $4,249 yesterday, but the bigger picture is still heavy โ stronger dollar, hawkish Fed, and a weekly loss over 2%. This isn't a clean bottom.
I'm watching $4,289.60 right now. If buyers can push through $4,318, the door opens toward $4,388. If not, this is just a pause before the next leg down.
Entry: $4,280 โ $4,295
Stop: $4,245
TP1: $4,318
TP2: $4,388
The setup makes sense only while $4,249 holds. Lose that, and the bounce dies with it.
Risk: Dollar Index is still near 101 and 10-year yields are elevated. Gold doesn't rally hard in that environment.
Do you trust this bounce or wait for a close above $4,318?
#CircleMints500MUSDCOnSolana #QNTRises39% #SECSaysBuybacksUpgradesDontMakeTokenSecurity #SECCommissionerPeirceToLeaveOct2 #BlackRockBuildsTokenizedPortfoliosForOndo
Gold caught a bid off $4,249 yesterday, but the bigger picture is still heavy โ stronger dollar, hawkish Fed, and a weekly loss over 2%. This isn't a clean bottom.
I'm watching $4,289.60 right now. If buyers can push through $4,318, the door opens toward $4,388. If not, this is just a pause before the next leg down.
Entry: $4,280 โ $4,295
Stop: $4,245
TP1: $4,318
TP2: $4,388
The setup makes sense only while $4,249 holds. Lose that, and the bounce dies with it.
Risk: Dollar Index is still near 101 and 10-year yields are elevated. Gold doesn't rally hard in that environment.
Do you trust this bounce or wait for a close above $4,318?
#CircleMints500MUSDCOnSolana #QNTRises39% #SECSaysBuybacksUpgradesDontMakeTokenSecurity #SECCommissionerPeirceToLeaveOct2 #BlackRockBuildsTokenizedPortfoliosForOndo
