GC1! – Bullish Bias Returns If MA's holdGold FuturesCOMEX:GC1!SirCharIesPrice attempted to break down and continue the selloff, but buyers stepped in earlier than expected. We were looking for shorts, but the key is: → No trade = No loss. The bias only shifts when structure proves it. Not before. What matters now: If price consolidates sideways and holds above the 5/10/20 EMAs The bullish trend resumes with continuation higher This becomes a re-accumulation rather than distribution However: If the EMAs fail to hold and price rolls back underneath them, momentum shifts right back to the downside and the short bias returns. This is a wait-for-confirmation environment, not a prediction environment. Trade Plan: No longs unless we get sideways structure + EMA hold No shorts unless we see failure + breakdown back under EMAs Sometimes the best trade is standing aside and letting structure reveal itself. Do you see this current move as re-accumulation or just a deeper pullback before continuation lower? What level would invalidate the bullish side for you? Are you trading GC here, or waiting for structure to confirm?