XAUUSD: Calm Before a 10,000-Pip Breakout
Market Context
Gold has spent the week in a tight Accumulation Phase, a setup that often precedes sharp moves as institutions build positions quietly.
Technical Outlook
Range: Confined near $2,000–$2,070 with volatility at multi-week lows.
Pattern: Coiling structure suggests explosive potential.
Projection: Models point to a possible 10,000-pip ($100) move.
Fundamental Drivers
Fed Policy & Rates
Geopolitical Risks
Dollar Strength/Weakness
Inflation Trends
Risks
False breakouts
Liquidity shocks from data/events
Importance of disciplined position sizing
Conclusion
Gold’s quiet consolidation may be the calm before the storm. A decisive breakout could unfold next week, with direction hinging on macro catalysts.
#gold# #GOLDTODAY#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Leave Your Message Now