Gold Daily Fibonacci Retracement and Bullish Continuation SetupGOLD (US$/OZ)TVC:GOLDTFlab📝 Description GOLD price is currently reacting near the 0.5 retracement level, which often acts as a key support area in trending markets. The presence of a daily imbalance above suggests potential continuation toward higher liquidity levels. ________________________________________ 📈 Signal / Analysis Primary Bias: Bullish above 4,940 Preferred Setup: • Entry: 4,990 • Stop Loss: Below 4,940 • TP1: 5,096 • TP2: 5,206 • TP3: 5,381 ________________________________________ 🧠 ICT & SMC Notes • Presence of daily Fair Value Gap above price • Strong bullish market structure on higher timeframe • Potential mean reversion toward imbalance zones • Upside targets aligned with buy-side liquidity ________________________________________ 📌 Summary As long as gold holds above the 4,940 support area, the market may continue the broader bullish trend and push toward the imbalance targets around 5,096–5,381. ________________________________________ 🌍 Fundamental Notes / Sentiment Prolonged tensions between the US and Iran increase economic uncertainty, boosting demand for gold as a safe-haven hedge. This environment supports upside pressure on gold while geopolitical risks remain elevated. ________________________________________ ⚠️ Risk Disclosure Trading involves substantial risk and may result in capital loss. This analysis is for educational purposes only and does not constitute financial advice. Always apply proper risk management, predefined stop-loss levels, and disciplined position sizing aligned with your trading plan.