Given Powell’s mildly dovish tone 4,200 Handle is my next targetGOLD (US$/OZ)TVC:GOLDquePowell acknowledged a firmer economic footing than earlier, but explicitly flagged weakness in the labour market (low hiring, low firing) as a concern. The fact that Powell is leaning more towards softening employment policies than inflation gives the market room to lean into gold’s narrative. Bullish approach: Buy on dips toward your liquidity base @4,145–4,150 after confirmation (bullish wick, reversal candle) Stop-Loss: Below 4,135 (below the extreme discount block Target 1: 4,200 zone Target 2: 4,230–4,250 if DXY weakens further post-Fed Summary Powell’s speech has given the bulls oxygen; the gold structure confirms it. As long as 4,140 holds, the path of least resistance is north. First TP is nearly in sight — the market may even overshoot it on volatility.