Gold : $4,300 Held — I’m Watching $4,360 Next

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Gold : $4,300 Held — I’m Watching $4,360 NextGOLD (US$/OZ)TVC:GOLDSakuraSeikoThis is the latest version of my KCGI trading manual. Well, it seems my previous bearish analysis failed due to the FOMC. Although it's a bit frustrating, it's not a big deal. Gold dropped to $4,235 after FOMC, but buyers pushed it back above $4,300. Right now, Gold is around $4,328. So here comes the key point: $4,300 will be my latest focus.I’m bullish above it, but I’m not buying $4,328. Because the next real test is $4,360. So what follows is my actual trading plan. I’m wait for a 4H close above $4,360. If Gold breaks $4,360 and then retests $4,350–$4,360 successfully: Entry: $4,350–$4,360 TP1: $4,400 TP2: $4,440 Initial stop: $4,295 If I enter and price pulls back, I won't immediately panic. My planned add-on zone is $4,300–$4,310, but only if this area holds on the 4H chart. If $4,300 also fails: No more adding. Final stop: $4,235. That's the important difference from my previous trade: I'm defining the maximum loss before adding to the position. I hope this time it will be successful. The risk-reward ratio of the last trade was so good that I couldn't resist, even though it caused me to lose a lot of money on the xau800x leveraged CFD on Bitget. But I won't make the same mistake again this time. $4,360 will be my bullish confirmation line; I will wait and not chase until it is broken.