Gold Pullback to Buy Zones Before 2737 Target
Trading Idea Summary 
GOLD GOLD
The price has been very **bullish**, and the initial expectation was for it to reach and test the **4-hour order block at 2737**. However, it is now pulling back to **strong buy zones** before continuing higher.
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Updated Analysis:
1. **Pullback to Key Buy Zones:** The price is approaching critical support levels, such as **Fibonacci 0.5** and high-volume areas.
2. **Preparing for Further Upside:** These zones can serve as good entry points for the continuation of the bullish trend.
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Strategy:
- **Entry:** Around Fibonacci 0.5 (2,669-2,670) or the "golden pocket" zone (0.71-0.75).
- **Target (TP):** 2737 (4-hour order block).
- **Risk Management:** Stop-loss below high-volume areas, maintaining at least a 1:2 risk-to-reward ratio.
### Conclusion:
The price is showing a healthy pullback, creating a great buying opportunity before resuming the bullish trend towards 2737.
GOLD GOLD The price has been very **bullish**, and the initial expectation was for it to reach and test the **4-hour order block at 2737**. However, it is now pulling back to **strong buy zones** before continuing higher.
---
Updated Analysis:
1. **Pullback to Key Buy Zones:** The price is approaching critical support levels, such as **Fibonacci 0.5** and high-volume areas.
2. **Preparing for Further Upside:** These zones can serve as good entry points for the continuation of the bullish trend.
---
Strategy:
- **Entry:** Around Fibonacci 0.5 (2,669-2,670) or the "golden pocket" zone (0.71-0.75).
- **Target (TP):** 2737 (4-hour order block).
- **Risk Management:** Stop-loss below high-volume areas, maintaining at least a 1:2 risk-to-reward ratio.
### Conclusion:
The price is showing a healthy pullback, creating a great buying opportunity before resuming the bullish trend towards 2737.
Aviso legal
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