Gold’s in the Chop Shop.Tokyo’s Got the Keys

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Gold’s in the Chop Shop. Tokyo’s Got the KeysMicro Gold FuturesCOMEX_MINI:MGC1!stakkdGold has entered a key decision zone ahead of Tokyo. After a controlled retracement off the 3332 swing high, price has now compressed into a high-probability confluence pocket: - 50% Fibonacci retracement (3316.3) - VWAP acting as dynamic support (~3317) - Trend line support holding from prior structure lows - Compression below 3332.1 the breakout gate If Tokyo volume engages, this could trigger a clean structural breakout into higher liquidity zones. Primary Entry: - Trigger: 15M or 1H candle close above 3332.1 - Entry Range: 3333.0 – 3334.5 on retest confirmation - Stop Loss: 3312 (below trend line + VWAP) Aggressive Entry (Mean Reversion): - Bounce off VWAP/Fib zone (3316–3317.5) with bullish reaction - Tighter SL: 3312–3314 - Lower R:R, but better pricing Target Zones: - TP13340 Minor resistance & round number - TP23365 Prior breakdown zone / supply - TP33390–3400Extended Tokyo move + trend reversal territory If I'm Wrong: A breakdown below 3312 invalidates the bullish thesis. That would signal VWAP failure, trend line break, and potential reversion to 3300 or lower. Technical Confluence Checklist: - VWAP support holding - Complete - 50% Fib bounce attempt - Complete - EMAs compressing for potential crossover - Complete - Clean trend line structure intact - Complete - Low volume chop zone between 3312–3332 - Caution Tokyo often fakes the initial move. Ideal trigger confirmation comes 30–60 mins after Tokyo open, once liquidity builds. Watch for manipulation wicks around VWAP before committing. This is a classic quant compression setup, price is coiled into structure, and all major intraday tools align. If we see a clean move above 3332 with volume, the breakout could unfold fast. But lose VWAP and trend line, and the bias flips instantly. Stay reactive, not predictive. Let price prove direction.