Post-correction Gold rebuild: The 5,008–4,980 zone could offer the next structural opportunity?

Markets rarely move in straight lines. They expand with confidence, exhaust themselves in excess, and then reset before beginning again. The recent price structure tells exactly that story, a powerful advance into 5596, a sharp corrective unwind into 4402, and now the early stages of a fresh cycle attempting to establish itself.
What we are witnessing is not random volatility. It is a textbook transition from exhaustion to renewal which can be confirmed through wave structure, Gann vibration, and time-price harmonics.
The exhaustion at 5,596 – A classic fifth-wave top
The broader impulsive advance terminated near 5596, aligning with the 18° Libra zone this area is historically associated with excess and imbalance. Structurally, this marked a classic fifth-wave exhaustion. Momentum had stretched, participation was crowded, and the market reached a natural completion point.
The reversal that followed was decisive.
Price declined sharply into 4402, completing Wave (A) of a larger corrective phase. This was not a minor pullback — it was a clear change in trend behavior. The impulsive character gave way to liquidation, confirming that the prior advance had ended.
The rebound into 4841 formed an irregular Wave (B). While the move appeared constructive on the surface, it lacked structural strength. Under Taurus influence, temporary value perception entered the market, but the recovery did not possess the impulsive qualities required for continuation.

The final leg completed Wave (C), driving price into the Pisces degree zone. This was a full liquidation phase, the type of move that clears weak hands and resets sentiment. Pisces energy often signals dissolution, and structurally, that is exactly what occurred.
Importantly, this corrective decline completed a full 5596–4402 vibration from a Gann perspective. The 4841 level stands out as a square-of-price retracement within that range.
A new cycle emerging
From the corrective low, price began to rebuild with impulsive characteristics — higher lows, constructive structure, and expanding participation. This behavior confirmed that the market was not simply bouncing, but beginning a new cycle.
The reclaim of 4841 was pivotal. It shifted the tone from defensive to constructive and validated the start of a new Wave (1).
Planetary inducements align with this structural narrative:
- Libra marked excess at the top.
- Gemini accelerated breakdown.
- Taurus attempted stabilization.
- Pisces completed the dissolution phase.
Now the market transitions from reset to rebuild.
The eclipse window – Compression before expansion
Attention now turns to the 03 March 2026 eclipse window which can be a timing point where volatility is expected to compress before releasing.
Should price spike into the 5008–4980 zone during this window, it should not be viewed as weakness. Structurally, this area aligns with degree resonance and time-price harmonics. From a wave perspective, such a dip would likely complete a Wave (2) or an internal corrective leg within the new impulse.
Historically, eclipse-induced volatility often marks the exhaustion of selling pressure rather than the start of a new decline. From a Gann and Uranian standpoint, shocks during these windows tend to clear residual supply.
Bias therefore remains constructive on spikes into 5008–4980, with clearly defined risk management below structural support.
The market has already completed its corrective cycle. The impulsive exhaustion at 5596, the liquidation into 4402, and the structural reclaim of 4841 together confirm a transition into a new expansion phase.
Short-term volatility — particularly around the March 2026 eclipse — may create sharp moves, but as long as price holds above the deeper corrective midpoint, the broader path favors continuation rather than reversal.The structure now suggests that the next meaningful move is not behind us, but ahead.
Author

Faysal Amin
Mind Vision Traders
Faysal Amin is a seasoned financial analyst and market strategist with over a decade of experience in global markets, including equities, forex, and commodities.

















