Gold Daily Structure – More Upside but I’m Skeptical
Daily support/resistance zones point higher, but I've seen these levels fail before. Not jumping in until price proves itself.
Gold’s daily chart has a clear set of support and resistance levels for the week ahead. The pattern suggests momentum is still upward, and the first resistance zone looks like the next magnet. But that zone has been sticky in the past—I’m not convinced we slice through on the first touch.
I’ve been around long enough to know that these published levels often get ripped before a real move. If price tests that resistance and holds, I’ll wait for a clean pullback or a confirmed break. Chasing a breakout here feels like a trap.
The daily structure is bullish, but I’m keeping my bias cautious. No entries until I see how price behaves at the first hurdle. Sometimes the best trade is no trade.

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