Gold Breakdown: Patience Before the Next Move

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Gold Breakdown: Patience Before the Next MoveMicro Gold FuturesCOMEX_MINI:MGC1!DWoodzPrice closed out last week with a strong bearish expansion, breaking structure and delivering into lower liquidity zones. With a new week, month, and quarter approaching, the focus now shifts from chasing price… to waiting for opportunity. While there are larger timeframe inefficiencies sitting much lower, the key is understanding that price does not move in a straight line. After a move of this magnitude, retracement becomes highly probable before any continuation. The primary area of interest this week sits between 4520 and 4600 — a zone filled with prior imbalance and structure. If price retraces into this region and shows signs of weakness, this could offer a high-probability continuation short setup. At current levels, price is stabilizing after the selloff. Any upside from here should be treated as a retracement unless the market can reclaim and hold above key levels with strong displacement. Patience will be key. The goal is not to predict the bottom, but to wait for price to return to premium and show its hand. Let the market come to you.