Gold is back around the $4,400 area, but honestly, I’m not calling this a proper bullish reversal yet. After a few days of selling, a bounce is normal. But a bounce and a reversal are not the same thing. The area I’m watching most is $4,400–$4,430. If price can break above this zone, hold it, and then successfully retest it before pushing higher, I’ll start taking the bullish side more seriously. But if Gold keeps touching $4,400 and getting pushed back down, I’m not interested in chasing buys. Then there’s $4,340. If that level breaks, today’s recovery starts looking much more like a temporary bounce rather than a real change in direction. And there’s another thing I’m watching closely: Oil. With Oil moving back above $100 because of Middle East tensions, Gold is getting a very interesting mixed signal. Higher Oil can mean more uncertainty → more demand for Gold. But higher Oil can also mean more inflation pressure → a more hawkish Fed → higher yields → pressure on Gold. So basically, the same event can be bullish and bearish for Gold at the same time. That’s why I wouldn’t make a decision based on the Gold chart alone right now. I want to see which narrative the market actually chooses. My plan is pretty simple: Above $4,430 with acceptance → bullish side becomes interesting. Below $4,340 → bearish continuation becomes more likely. And if price just keeps moving between those levels? I’m perfectly fine doing nothing. 😄 Because sometimes not taking a trade is the best trade you can take.   

Don't give up