Patience Is My Friend!
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Key Scenarios
Bearish Scenario (Preferred):
Bullish Scenario:
Conclusion
My primary expectation is still bearish, but I'm waiting for price to confirm the move. The key is to stay patient and let the market come to your levels rather than chasing price.
Key Levels to Watch:
Trade the confirmation, not the prediction. Good luck, and manage your risk! ![]()
STAY SAFE TRADERS!
I WILL SEE YOU SOON!
Disliked{quote} Thanks WajidI just analyze the market with my view and just let it play out many of times it doesn't obviously trading is game of 50/50 no one is right neither no one is wrong, It is just based on analysis which still gives a 50/50 even [when you have an Edge say of 70% and u loss 3 trades now thinking next one will play out to win according to the Edge well no still the next trade has 50/50 but with a better chance to win...] Mark Douglas: Not exactly his words but it is his saying which is true...
Ignored
Disliked{quote} Hey market has rejected from that order block should I look for itIgnored
That's the only bias that matters.
If Gold reaches premium pricing into major resistance, I'll look for selling opportunities. If price retraces into quality demand and offers confirmation, I'll look for buying opportunities. I'm not interested in chasing candles in the middle of nowhere.
Key Levels for Today
Bullish Confirmation
Resistance
Expectation
Fundamentals
Yesterday was relatively quiet from a fundamental standpoint with no major high-impact news releases, allowing technicals to drive price action cleanly.
As always, keep an eye on today's economic calendar because any unexpected fundamental catalyst can accelerate or invalidate technical setups.
Final Thoughts
Yesterday's close above $4,087 was an important structural development and gives Gold a bullish outlook going forward. That said, I'm not interested in buying after an impulsive rally. I want the market to come back to me.
Patience pays.
Let price retrace, let it confirm, then execute.
Trade the levels—not the emotions. ![]()
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Wolf's Note: I share my market outlook for educational purposes only. This is not financial advice. Follow your own trading plan, manage your risk, and remember that no setup is ever guaranteed. The market owes us nothing—discipline is everything.
STAY SAFE TRADERS!
I WILL SEE YOU SOON!