Gold with No Drama

next bearish supply around 4795-4797?

lets see bro

I’m so holding this unless we get news

Increased my TP but wasn't needed ... still a win is a win ... now waiting for the next trade at 02:44 (GMT+3)

It seems that they will pump up to 4800 before US-China summit with the hopes of solution to Iran war. Now, daily/weekly charts are also in favor of bulls. There were tough bear traps on the way and can be still some shakes.

Pattern and candlestick read
The pattern is a bullish continuation after a pullback. On the left side, gold had an impulsive rally, then moved sideways and pulled back into support. Instead of breaking down, it formed a higher low and bounced strongly. That is very similar to a bull flag breakout or higher-low continuation pattern.
The latest candles are small but holding near the highs, which means price is consolidating after the push instead of immediately dumping. That usually suggests buyers are still present, but since price is near resistance, I would not chase too aggressively.
Key levels
Support now is 4735 to 4725.
Stronger support is 4705 to 4699.
Important invalidation area is 4674.
Resistance is 4747 to 4767.
If price breaks 4767, next upside opens toward 4798.
Trade conclusion
The bias is bullish while price holds above 4705, and especially above 4674.
If you are already in from the M30 or H1 buy, this is now a management trade. TP1 has basically done its job. I would take partials around 4747 to 4767, then let the rest run only if price breaks and holds above 4767.
If you are not in yet, I would not buy directly at 4741 unless you are using a very tight scalp plan. The cleaner entry is a pullback.
Clean trade plan
Pullback buy
Entry: 4735 to 4725 if price gives a bullish rejection candle.
Stop loss: 4704.
TP1: 4767.
TP2: 4798.
Deeper pullback buy
Entry: 4705 to 4699 if price retests the breakout area and rejects.
Stop loss: 4674.
TP1: 4747.
TP2: 4767.
TP3: 4798.
Breakout buy
Only buy if H1 closes above 4767 and holds the retest.
Entry: around 4768 to 4772.
Stop loss: 4735.
Target: 4798.
ForexFactory style paragraph
XAUUSD H1 confirms bullish continuation after holding the 4685 to 4700 support zone and breaking higher from the prior consolidation. Price formed a higher low, reclaimed the mid-band, and is now trading near 4741 after the buy setup already reached its first target area. The structure resembles a bull flag breakout / higher-low continuation pattern. I remain bullish while price holds above 4705, with stronger invalidation below 4674. I prefer buying pullbacks into 4735–4725 or deeper into 4705–4699 with bullish rejection, targeting 4767 and 4798. I would avoid chasing directly into resistance unless H1 closes above 4767 and retests successfully.

you gotta be new to trading saying 4795 4797 mine as well say 4800
so if gold hit 4800 ur not going to be shorting now ?

lol I like reading the sell commentary. Gold should have collapsed a long time ago. But it isn't. Bully just keeps on hitting it and shorty keeps on covering.

What are your thoughts on Asia?

I think Asia might try tske higher highs before selling to 4735ish area

. I am interested in this green box as resistance for now. This invalidates if price goes back above 476x

SELL

Another Payday

I caught some pips with longs from 4740 to 4760s at early Asia. Now long again from 4730 with the aim of 4740s only.

Can anyone analyze what's happening in the market?

H4 Macd don't buy

Who is miss yze

M15 we have left shoulder head and 4739 will make right shoulder

CPI will make the right hand with finger nails and nail polish

M5 divergence....peerfectly @ 4770

break above strong bull

brreak 4650 ?

closed my short, done for the night. catch you guys later.

the f was that spike?...
Tokyo pulling the Godzilla out