Admire Trader's ®
Admire Trader's ®
February 9, 2025 at 05:30 PM
🔥 GOLD 4H OUTLOOK – IDENTIFYING THE NEXT MOVE WITH PRECISION! 🔥 Gold is currently at a crucial decision point, and the key question now is: Where will the market initiate its decline toward our key buying zones? 🎯 At this stage, we are considering two primary scenarios: 🔹 Scenario 1 – Immediate Decline 📉 Gold may drop directly from the current market price (CMP) into our pre-identified buying zones: 📍 2832.60 – 2821.60 → A well-structured Fair Value Gap (FVG) on the 4H timeframe, yet to be tested. 📍 2788.00 – 2772.00 → A strong institutional candle zone, offering higher precision for long-term buyers. If Gold follows this path, we will not attempt any short positions but will instead wait for confirmation-based long entries within our marked buying areas. 🔹 Scenario 2 – A Bullish Retracement Before Dropping 📈➡️📉 Before turning bearish, Gold may first push higher into our identified imbalance zone on the 1H timeframe: 📍 2870.50 – 2879.40 If this happens and we receive clear confirmations, we will look for a short entry from this imbalance zone, targeting our buying levels below. However, if there is no proper confirmation, we will avoid premature entries. ⚠️ Trade Management & Risk Considerations Ordinarily, we cut our trades if a key level is breached, but in this scenario, we will hold positions unless Gold breaks last Friday’s high, which also marks the current all-time high (ATH). 📌 Key Takeaways for Execution: ✅ Wait for confirmations before entering any trade—no rushed decisions! ✅ Avoid shorting if Gold moves directly downward—focus on long entries from our key zones. ✅ Risk management remains top priority—never overleverage, and adhere to a 0.5 – 1% risk per trade. Gold is setting up for a decisive move—stay patient, trade smart, and execute with precision! 🚀🔥

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