Gold at Yearly Highs — Patience Before the Real Move

Wait 5 sec.

Gold at Yearly Highs — Patience Before the Real MoveMicro Gold FuturesCOMEX_MINI:MGC1!DWoodzGold opened the week with an aggressive expansion straight into the previous Yearly & Monthly High — classic stop-run behavior rather than clean continuation. Price is now consolidating above last week’s range during the Asian Killzone, but I’m not seeing a quality entry yet. I have a 4H order block around 4520–4504 that could attract price, but this is still premium territory. With sell-side liquidity sitting below Daily and Weekly lows, I’m expecting a deeper pullback or a clearer structure shift before committing to longs. Tuesday historically sets the tone for the week, so for now I’m content sitting on my hands and letting the market show its intentions. Patience here is part of the edge. 🧠