Gold - Control vs Patience Who Wins Next?
Gold hasnt done anything crazy lately, and thats exactly the point.
Zooming out, the structure is still bullish. Every dip so far has been met with buyers, and the market keeps printing higher highs and higher lows.
Right now, price is sitting inside what I like to call a decision zone. This is where the market usually pauses, shakes out impatient traders, and shows its real intention.
As long as were holding above this green zone, bulls are still in control. This looks more like a pause or reload than a reversal.
That said, if price loses this area and starts accepting below it, then the story changes... and a deeper correction would be on the table.
What do you think? Will Gold reload and continue higher, or is this where control shifts?
Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
Stick to your trading plan regarding entries, risk, and management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr