XAUUSD – WOLFE WAVE CONTINUES, PRIORITIZE BUYINGGoldOANDA:XAUUSDSteven-GoldTrading Hello trader 👋 October 2nd begins with the continuation scenario of the Wolfe Wave pattern. In yesterday's session, gold prices followed the upward rhythm of the pattern, but the decline at the upper line was not truly effective. Today, the market is forming a new price channel with a wider range, opening opportunities for both buy and sell orders during the session. Regarding fundamentals, geopolitical tensions between Russia and France are escalating, while safe-haven flows continue to pour into gold. Long-term analyses suggest the $4,000 mark is entirely feasible, although there are still technical fluctuations in the near term. ⚖️ Today's trading scenarios 🟢 Buy Scenario (priority according to the main trend): Entry: 3,863 – 3,865 SL: 3,857 TP: 3,880 → 3,895 → 3,910 → 3,920 👉 You can enter orders at the current area, or wait for a breakout confirmation above 3,871 to increase the winning probability. 🔴 Sell Scalping Scenario (short-term): Entry: 3,885 SL: 3,891 TP: Short around 3,870 (depending on price reaction) 👉 Suitable for quick scalping traders at the upper edge of the channel. 🔴 Wolfe Wave Sell Scenario (wide range): Entry: 3,925 – 3,927 SL: 3,935 TP: Long-term expectation according to the Wolfe model, can be managed by taking 50% profit at 3R profit level, letting the rest run for more gains. 📊 General Assessment The main trend remains bullish, buying continues to be the priority strategy. Sell orders should only be considered as short-term opportunities at the upper edge, or when the price tests strong resistance. Volatility may increase during the day due to political news, so tight risk management is necessary. 📌 Conclusion: Gold is following the Wolfe Wave pattern with an expanding price channel. Buying at support – short selling at resistance is the suitable strategy for the day. Long-term investors can continue to expect the $3,950 – $4,000 mark in the next cycle.