$XAU (Gold) — Turbulent Tides Setup

Gold just ripped hearts out with a $1,000+ dump from the 5,600 peak 💔

Euphoria → liquidation → fear. Classic cycle.

Now all eyes are locked on the 4,700 zone — this is the line between

“legendary dip buy” and “welcome to deeper pain.”

Whales are calm. Retail is shaken.

This is where decisions matter.

Primary Trade Plan — BUY THE FEAR (Reversal Play)

Bias: Cautious Bullish (dip-buy only at support)

Entry (EP)

4,720 – 4,680

Strong HTF demand zone + psychological support

Liquidity sweep likely complete here

Stop Loss (SL)

4,580

Clean invalidation — if this breaks, bulls step aside

Take Profits (TP)

TP1: 4,880 → relief bounce, weak hands exit

TP2: 5,050 → mid-range reclaim

TP3: 5,300 → trend continuation zone

TP4 (runner): 5,550–5,600 → previous peak test

Risk is defined. Reward is asymmetric.

Market Psychology Snapshot

Panic sellers already forced out

Margin calls flushed late longs 💸

USD strength slowing, not accelerating

“Gold bugs” accumulating quietly

This is where markets transfer wealth