Gold’s Wild Ride: Is the Correction Over?

Yesterday was an insane day for Gold—while I expected a strong drop to at least 3,080, I didn’t anticipate such a sharp reversal after the sell-off.
Now, the big question is: Has Gold finished correcting, or is more downside coming?
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Why I Expect Another Wave of Selling

📉 Gold Still Looks Vulnerable – Despite the rebound, I don’t believe the correction is over.
📉 Key Resistance Established – The 3,135–3,140 zone has now formed a strong ceiling, limiting upside potential.
📉 Selling Rallies Remains the Plan – Even with yesterday’s bounce back above 3,100, my outlook remains unchanged.
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Trading Plan: Selling Spikes During NFP

🔻 Looking for price spikes during the NFP report as opportunities to sell into strength.
🔻 Targeting a new leg down toward the 3,030 support zone.

The correction is likely not done yet—let’s see if the market confirms it. 🚀

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交易進行

Reversed perfectly from my ceiling zone, now being 250 pips under

交易結束：目標達成

3030 target hit
1000 pips drop from sell zone