GOLD Trade Plan – Breakout or Pullback?

115
Price is consolidating below key resistance at 3,324.5 after a strong bullish move.

✅ Scenario 1: Breakout Buy
If price breaks and closes above 3,324.5, I will look for a continuation long toward the next resistance at 3,342 – 3,344.

✅ Scenario 2: Pullback Buy Opportunity
If price rejects 3,324.5 and pulls back to the 3,314 – 3,316 zone (EMA support), I’ll wait for bullish confirmation to enter.

❌ A breakdown below 3,304 will invalidate the current bullish structure.

Trend remains bullish. Focused on long setups only.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.