Gold is starting the new week with a constructive bullish structure. Price is currently trading around 4,395 after holding above the Buy Zone Liquidity area near 4,380. The market has already recovered from the short-term pullback, and buyers are now trying to build another push toward the resistance zone above. The chart is not weak, but gold is also not fully free yet. The next big test is around 4,453.
ETH looks like a triangle is about to break out which could be Wave 4 or Wave B, I would expect a move to $2100 - $2400 if it breaks to the upside.
Gold is trading around $4,394 after recovering strongly from the recent head formation near $4,310. Price is now testing the $4,395–$4,400 neckline area, while the right shoulder remains supported above the marked demand zone.
Holding firm above local breakout support at 63,577.69! Are you panic-selling this move, or locked in for the multi-wave rally to horizontal resistance? 🤔
Testing upper channel resistance at 1.15852! Are you blindly buying into this top channel boundary, or positioning for the multi-wave breakdown flush to macro support? 🤔
GBPUSD is showing a clear recovery structure, with price forming higher highs and higher lows while respecting the rising trendline. The current move is approaching a marked resistance zone around 1.3570–1.3580, where price appears to be facing potential selling pressure.