🤔 Is Gold Preparing for a Bounce or Another Drop?
On the 1H chart, gold is consolidating inside a descending triangle and recently respected the lower trendline support.
A short-term bullish pullback could push price toward the Fibonacci zone (5066 – 5047). How price reacts there may decide the next move for gold.
💬 My view: Possible bounce, but confirmation needed.
What’s your view — bounce or breakdown? 📊
#XAU/USD# #GOLDTODAY# #gold# #CrazyGold# #Goldboom# #Todayanalysis#
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