Gold Confirmed Bullish BiasGold FuturesCOMEX:GC1!FenzoFxBrokerFenzoFx—Gold is bullish again, confirmed by engulfing above the $4,175.00 resistance. As of this writing, XAU/USD trades inside the bearish fair value gap, testing the $4,230.00 resistance. Last day, Gold did not dip below $4,103.00 (the bullish FVG) for liquidity. This indicates a strong bullish market. However, going long at the current price is risky because the price has surged already. The ideal level for joining the bull market would be around $4,146.00, which is in conjunction with daily highs and the October 23 and 24 close. This area should provide decent support for Gold. In the bullish scenario, we expect Gold to form a double top at all-time highs by targeting $4,398.00.