Gold | Expansion Active Toward Upper Fibonacci Cluster
All major timeframes remain bullish with expansion confirmed after the weekly/daily countertrend break.
Technical Overview
Gold back into its expansion phase following the decisive break of the bearish countertrend, with price holding above the daily pivot structure, targeting the daily Fibonacci 161.8 at 4,618.
Bias
Long until Daily Close < Daily Pivot (≈4,190–4,207 zone).
Path
4,355 → 4,401 → 4,518 → 4,581 → 4,618
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other type of advice. Nothing in this publication should be interpreted as a recommendation to buy or sell any financial instrument.
Trading and investing involve significant risk, including the potential loss of all capital. Always conduct your own research and consult with a licensed financial professional before making any trading or investment decisions. The author assumes no responsibility for any actions taken based on the information provided.