Gold – Correction Still on the Radar

[m_c_jacob]

After printing a new ATH just shy of 3800, Gold has entered a corrective phase, exactly as anticipated.
The recent pullback, however, stopped short of my preferred entry levels, which means I haven’t engaged in any trades yet.

My view remains the same: the market looks set to test the 3700 support zone, a level that could provide bulls with an attractive entry point.

Trading Plan:

I’m still focused on buying dips, with 3700 as the key area to watch.

A reversal from here would keep the bullish trend intact and likely lead back toward the ATH zone.

But, if the market decisively breaks below 3700, it would open the door for a deeper correction – forcing me to step back and reassess the situation.

In short: patience remains the strategy. I prefer to let the market come to me rather than chase it higher.