$*GOLD - SWING UPDATE / THE RETRACEMENT IS OVER*
*By MUSABxFOREX*
Alright community, let's talk facts.
After a clean Buyside CHoCH on the Daily, Gold has finally finished its retracement phase. The manipulation is done. The discount has been offered, and smart money has already positioned.
What you are seeing on the chart right now is not a random bounce - it's the start of the next bullish expansion leg.
*My Plan is Simple & Clear:*
We are bullish from here.
*Entry Zone: $4100 - $4000*
Accumulate in this discount zone.
*Stop Loss: $3800 - Safe Haven SL*
And let me be very clear on this - As you all know, this is the Trump market. Tons of news, volatility, plus wars in the entire Middle East + Russia-Ukraine conflict. In this kind of market, you DO NOT set a tight SL just to get hunted. We will give this trade room to breathe.
*TP1: $4700* - Our first objective.
That's a swing. No need to overtrade this.
For my Spot holders & Physical Gold buyers - *This is your opportunity.* This is the dip you've been waiting for. When China is heavily accumulating on these discounted rates, you don't fade that flow. Central banks are not buying tops, they buy discounts. We do the same.
*Expectation:*
1. Push to *$4700* first.
2. Consolidation, then continuation towards *All-Time High* area.
Don't get trapped shorting a bull market in a discount zone. The trend is your friend.
Patience will pay here.
*- MUSABxFOREX*
Not Financial Advice. Manage your risk.
#XAUUSD #GOLD #SwingTrading #GOLD_UPDATE #GoldenOpportunity