As I mentioned (loudly and clearly) in my previous article, I was waiting for a high-volume breakout above the 3311–3315 zone to flip bullish. And guess what? Gold didn’t just tiptoe over it — it smashed through that level like a caffeine-fueled sumo wrestler and gave us a daily close at 3381.
So what caused this madness?
Well, today’s price action was basically a rocket launch — likely sparked by the ongoing war drama between Russia and Ukraine. Yep, because nothing says “safe haven” like a shiny metal when the world’s on fire.
Now What?

We’re in wartime vibes, so probability leans bullish, but hey — markets have a mind of their own, and sometimes they like to prank us.
If Gold decides to pull a surprise U-turn and head down, watch the 3331–3324 zone like a hawk — that’s your next premium hunting ground for long setups. I’m also eyeing buying interest at 3350 and 3366. Basically, it’s like a shopping mall for buyers out there.
But hold on — don’t get too greedy. There are supply zones waiting to ruin the party:
- 🟥 3415 Supply Zone
- 🟥 3435 Supply Zone
If Gold bulldozes through these zones too, then my fibs tell me the trend completion target is around 3490.
And what happens after that? Well… if Gold breaks above 3500, that’s between Gold and God. I’ll cross that golden bridge when I get there.
The Bearish Plot Twist (a.k.a. The “Probably Not Happening But Still Possible” Scenario):
Sure, it looks like a bullish party now, but if the market turns into a moody teenager and breaks below 3331, then I’ll start looking at bearish setups.
However, the real action starts only if 3299 breaks — until then, bears can stay in hibernation.
Final Thoughts?
Gold is on steroids right now thanks to geopolitical fireworks. But no matter how shiny the chart looks, don’t fall asleep at the wheel. And remember:
DISCLAIMER TIME!
Once again — this is not financial advice, okay? If Gold suddenly dives and your account follows it like it’s doing a synchronized swim routine — that’s on you, not me!
This write-up is literally part of my personal trading journal, not an investment seminar. If you make bank off this — sweet, send me chocolates.
If you lose your shirt — don’t come crying or block me. Let’s laugh through the pain together.
Trade safe, keep your emotions in check, and remember: even Gold has commitment issues sometimes.
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