Gold: This move isn’t random—it's the main force taking back the rhythm.🧨
After starting near 3960 on the 30-minute chart, first it broke through the prior consolidation range, then it pulled back without losing the key support.
This isn’t a normal dead-cat bounce; it’s the long side’s structure beginning to strengthen.📈
Now price is back above the 4070 area. As long as the pullback doesn’t drop back below 4024, this looks more like a continuation after the 30-minute “third buy.”
Experienced traders watch this kind of market— they’re not afraid of the rise; they fear that chasing won’t have a good entry location.
My view is straightforward:
Don’t chase—wait for the pullback.
As long as the pullback doesn’t break the structural support, gold still has a chance to keep pushing higher.
🎯 First target above: around 4085 🛑 Downside defense: around 4024
In this kind of market, it’s easiest to get slapped on the face if you’re short. It looks like it’s gone too far, but on the pullback, the main force just keeps taking orders.😏
Do you think this gold rally is already topping, or is it preparing to push higher and make new highs?#黄金白银延续涨势 $XAU
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.