Gold Inside a Triangle - This Is NOT the Time for Big RiskGoldOANDA:XAUUSDpullbacksignalIn my previous analysis, I mentioned that Gold had likely completed its medium-term bearish wave and entered a sideways phase. The key levels remained $3950 as major support and $4180 as major resistance, while I preferred waiting for liquidity to be collected below support before looking for higher-timeframe long opportunities. The market has now evolved. A relatively clear symmetrical triangle is forming on the 4H chart. It's important to understand that I am not trading because of the triangle itself. Triangle patterns are neutral by nature. Their main message is that the market is compressing and resting, with buyers and sellers gradually reaching equilibrium. As long as price remains inside this structure, there is no confirmed directional advantage. For that reason, I believe this is not the environment for oversized swing positions. Another reason for caution is the Daily timeframe. The previous impulsive move appears to be completed, and the market now seems to be preparing for its next major expansion. Until that expansion begins, patience usually has a higher reward than aggressive positioning. For swing trading, my focus remains unchanged: Major Support: 3950 Major Resistance: 4180 A liquidity sweep around support followed by strong bullish Price Action would provide a much higher-quality opportunity than chasing price inside the triangle. On the lower timeframes, however, the market still offers attractive intraday opportunities. The levels around 3999 and 4115 remain my preferred Day Trading zones. If price briefly breaks these levels and quickly rejects them (False Breakout or Rejection), they can provide high-probability intraday setups while keeping overall risk controlled. For now, I prefer protecting capital over forcing trades. The next major move will eventually come. There is no reason to guess its direction before the market reveals it.