Patience is the greatest advantage!

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Patience is the greatest advantage!GoldOANDA:XAUUSDPrecision_Advantage_TraderAs emphasized in the previous article, gold is expected to rise, and pullbacks present buying opportunities. Following our trading plan, we successfully established long positions around 4248, and the market rose as expected, reaching a high of around 4285, allowing us to realize profits once again. Our trading strategy has once again been validated by the market. Going forward, the overall strategy remains unchanged. As long as gold firmly stands above 4220, the bottom reversal signal will be further confirmed. The successful stabilization of the daily chart with a large volume bullish candle indicates that the market's bullish sentiment has clearly warmed up. The short-term pullback is more of a technical correction in the upward process than a weakening trend, and the bullish momentum is not over yet. From the current structure, after more than a month of repeated consolidation and bottoming, low-level shares have undergone sufficient turnover, making the market foundation more solid. Once the bullish momentum continues, a further continuous upward trend cannot be ruled out. Therefore, in the current trend phase, avoid trying to predict the top, and especially avoid going against the trend. In terms of trading, continue to focus on the 4250-4230 support area. As long as the price pulls back and stabilizes, we can continue to look for buying opportunities. If it continues to break through highs, then we'll see 4330.