Tendencia Alcista: Compra en la Caída del Mercado

[German] Gold continues to trade firmly within an ascending channel, maintaining its bullish momentum after the latest impulsive move. The market is currently in a technical pullback phase, which is considered healthy within an uptrend rather than a sign of reversal.

On the fundamental side, dovish Fed expectations and the outlook for lower interest rates keep pressure on the USD, providing ongoing support for gold. As long as this macro backdrop remains unchanged, downside moves are expected to stay corrective.

Technical Structure (H1)

Bullish market structure remains valid (Higher Highs & Higher Lows)

Price is holding above the ascending trendline

No confirmed bearish break of structure

Overall bias remains bullish continuation

Key Price Zones

Primary BUY Zone: 4,480 – 4,470
(Trendline support + demand zone + structure support)

Deeper Support: 4,444

Upside Targets / Resistance:
4,512 → 4,563

Trading Plan – MMF Style

Primary Scenario – Trend-Following BUY

If price pulls back into 4,480 – 4,470 and holds on H1
→ Look for BUY setups aligned with the main trend

This zone represents a high-probability area for smart money re-entry

Targets

TP1: 4,512

TP2: 4,563

Scale out near major resistance areas

Alternative Scenario

If price does not retrace deeply and holds above 4,500
→ Wait for a break & retest before considering continuation BUYs

Avoid chasing price near the upper resistance zone

Invalidation

A H1 close below 4,444 would weaken the short-term bullish structure and require reassessment.