Gold - Next move

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Gold - Next moveGOLD (US$/OZ)TVC:GOLDJibzy_Trades🟡 GOLD – NEXT MOVE (Forecast) This chart is screaming HTF correction vibe, lining up for a bigger rocket-launch leg once price finishes doing its clean-up job below. Let’s break it down 👇 🧱 1. Strong Resistance Above – The Big Ceiling Price got smacked from that external BSL zone up top. That level is no joke — heavy sell orders sitting there, and the market reacted exactly as expected. Think of that zone like the bouncer at the club: ➡️ “Not tonight bro.” So yeah — rejection ✔️ 🔻 2. Current Move = Sweepy Pullback Energy Price is now dripping down in a corrective way. Nothing impulsive. Nothing aggressive. Just a classic “let me grab liquidity before I send it” pullback. We've already seen internal sell-side taken… But the real bag sits lower. 👇 🧊 3. Strong Support Below – The Bounce Zone That external SSL + demand block + trendline confluence zone is STACKED. This is the place where market makers love to refill the engine before a major up-leg. Expect price to: ✔️ Sweep liquidity ✔️ Tap the demand ✔️ Tag trendline ✔️ Rebalance the inefficiency ➡️ THEN send it 🚀 Basically… “dip for the drip.” 📈 4. What’s Likely Next? (The Forecast) Here’s the clean sequence: 🔻 Step 1 — Price dips into strong support Red arrow on your chart nails the idea. Expect that slow grind down, maybe a wick flush to catch late sellers. 🔄 Step 2 — Reversal formation Small accumulation Fake break Wick trap All the usual suspects. 🚀 Step 3 — Explosive rally back toward major resistance Once demand holds, expect a fast, impulsive, and clean leg right back into the 4,300+ resistance zone. This is where wave traders, SMC traders, and Elliott heads all agree: BIG MOVE LOADING. Wave (iii) also aligns perfectly with this. 🧭 5. Summary (Trader Friendly) 🔥 HTF = bullish (correction before continuation) 🧊 STF = bearish pullback into demand 🛒 Ideal Buy Zone = strong support + SSL 🎯 Target = 4,300 – 4,350 🚀 Bias = bullish after the sweep ⚠️ Avoid buying early — let the liquidity grab play out