Gold, boring? I don’t think so! PipGuard’s Guide PT.2

Gold, boring? I don’t think so! PipGuard’s Guide PT.2 ✨

Hello, friends! 😎
Have you already read Part 1? If not, I encourage you to check it out right now! I’d love to hear your thoughts and, most importantly, see if you’ve placed your trust in your friend PipGuard. Come on, trust me now, won’t you? 😜✨


Before we start: an important reflection 🧐
Always evaluate the quality of information! Don’t settle for pretty charts or superficial analysis. Dig deeper, stay curious, and, most importantly, be consistent. If you find my analyses useful, let me know with a comment or a boost. Every feedback is like gold… just like our protagonist today! 😏


Good morning again, everyone! 🌅
I’ve been a bit less active here on TradingView lately, but I’ve been working hard on my project. I haven’t forgotten about you, I promise! Those who follow me know that PipGuard never stops. 💪🔥

Today, we’re back with the second part of my gold analysis. The first part? Well, it performed perfectly as predicted… but is that really surprising? We are PipGuard! 😜 So, my friends, we are in an uptrend. Surprised? I wouldn’t think so! The price seems to be heading towards $3000, just to add a little spice to the global economy. Don’t worry, we’ve got this covered! 💎


Note: This analysis is NEUTRAL 🧐
We have 2 possible options. Even though we are in an uptrend, nothing can be ruled out. Let’s follow every detail carefully.


Flashback: When we were at $700...
Many were expecting a drop as soon as we hit $800. And yet… surprise! Not only did the price not fall, but it kept climbing, reaching a whopping $2900. So, beware: the most obvious things are often the most costly. Think about it. 🤔✨


Today’s analysis: let’s focus on the latest impulse! 📈
The latest key movement ranges between $2835 and $2942. Now, let’s break it down and analyze:

- Bullish Fibonacci: Between $2875 and $2860, where the price might be attracted and reverse upward.
- Bearish liquidity:
1. First zone: $2896 – potential reversal point at the end of the retracement.
2. Second zone: Between $2887 and $2877.
3. Third zone: Between $2870 and $2865.
- If the price doesn’t react in these areas, watch out for the next liquidity zone! 😏


And to the upside? 🚀
- First confirmation: A close above $2911 – the first bullish signal.
- Second hurdle: Bearish liquidity between $2918 and $2921. A close above this level? Bullish confirmation, and the target becomes the all-time high! 🎯


Let’s recap the key levels 🔑:
- Pivot level: $2910.
- Above: Bullish.
- Below: Bearish.


🎯 PipGuard’s exclusive targets:
- **Bullish**: $2960-$2950.
- **Bearish**: $2865-$2860.


If you enjoyed this analysis, leave a boost or a comment! 📬 Every piece of feedback motivates me to keep delivering my best. See you soon, my friends.

Best regards, PipGuard 🚀💛
I’m already in the trade: entries at $2916/$2913/$2910 short.