Gold Hits a 3 Week High but the Real Move Might Still Be Loading

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Gold Hits a 3 Week High but the Real Move Might Still Be LoadingGoldOANDA:XAUUSDMMFlowTradingGold just tapped $4,213 — the highest level in three weeks, powered by growing expectations of a dovish Fed and optimism around the potential reopening of the US government. But the real story isn’t the headline spike — it’s the structure forming right beneath it. 📌 Why this zone matters right now Price is pulling back into $4,179–$4,165, a clean Demand zone aligning with Fibo + breakout structure. Buyers remain firmly in control despite a mild USD recovery. The market swept liquidity around $4,207, hinting at accumulation before the next expansion. The broader pattern resembles a falling-wedge breakout, often appearing before strong upside continuation phases. 🎯 Most Probable Scenario (Mind Insight) Gold is in a “compression before expansion” phase. Once this squeeze resolves, momentum is likely to continue in the direction that’s already dominant — and right now, that’s the bulls. 🔶 MMF BUY Zone $4,179 → $4,165 Looking for a shallow pullback before the next leg. 🔼 Bullish Targets • $4,207 (liquidity tap) • $4,228 (Fibo 1.618) • $4,236 (Fibo 1.786 — major reaction zone) 🧠 Key Takeaway As long as Gold holds above $4,165, the bullish structure remains intact and the upside expansion toward the upper Fibo cluster stays in play.