#GOLD - A Healthy Reset, Not a Breakdown!
$XAU just went through a ~20% corrective move, and honestly… this is exactly what strong trends tend to do. They don’t go straight up forever. They pause, reset, and shake out weak hands.
What matters now is where this correction is happening.
Price is reacting off a major confluence:
- The rising blue trendline
- The $4500 round number
- The demand zone in blue
BTCUSDT
Perp
79,106
+2.53%
That intersection is doing its job. Buyers stepped in right where they were supposed to.
As long as this zone holds, the bullish structure remains intact, and the bias stays the same:
👉 look for trend-following longs on lower timeframes!
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
