Gold Futures Update – 0.5 Fib Stop Hit, Eyes on 0.618 Confluence

7月25日

Gold Futures Update – 0.5 Fib Stop Hit, Eyes on 0.618 Confluence

Our initial long setup at the 0.5 Fibonacci retracement level has been stopped out, but the structure remains constructive.

Price is now approaching a key confluence zone at $3,336, where:

• The 0.618 fib retracement from the recent swing low to high aligns perfectly,
  
• The ascending trendline support (respected multiple times since May) intersects, and
  
• The oint of Control (POC) from the visible volume profile shows dominant volume transacted.
  

This area represents a high-probability support level where bulls may attempt to defend again. We’re monitoring for reaction and potential entry signals around this level. A break below would invalidate the rising wedge structure and shift bias toward lower fib extensions.

7月25日

交易开始

Entry at 3344

7月25日

交易结束：到达止损

Early entry. Stoploss hit. We all have bad days. I'll see you guys next week with better setups.