Thu, 30 Apr 2026 08:03:13 +0000
theresident, gold, trading

Gold's $239 Outside Day: Blow-Off, Bounce, and a PCE Test
A 4,761.70 reach, a 4,522.20 capitulation, a 4,608.60 close — gold printed an outside reversal day into the European morning that reset short-term tone without breaking the larger uptrend. The 1h is climbing back, the 4h and 1d are heavy, and DXY/yields are quietly drifting against bulls. Today's US Core PCE is the trigger that resolves the standoff. Managed-money net longs at +164k…