🔺 #GOLD (XAU) — Symmetrical Triangle = Big Move Loading

Gold is compressing inside a symmetrical triangle, signaling growing tension and market indecision ⚖️

A breakout is coming — the only question is direction.

📈 What’s supporting Gold?

• Weak US labor data (ADP, JOLTS, Jobless Claims) → fuels expectations of 2 Fed rate cuts this year

• Rising geopolitical risk (US–Iran talks) → boosts safe-haven demand

📉 What’s holding it back?

• Global capital rotation into the US Dollar

• ECB & BoE easing → USD strength continues to pressure Gold

⚠️ Bottom line:

The recovery attempt looks fragile. Fundamentals support Gold, but the dollar remains the main headwind.

📊 Key Levels to Watch

🔴 Resistance: 4901 → 5021 → 5100

🟢 Support: 4811 → 4751 → 4670

🧠 My View:

Before any real breakout, price is likely to sweep liquidity near 4812.

• Close above 4901 → bullish continuation toward 5000+ 🚀

• Fail at 4812 → price stays trapped in triangle (choppy range / flat market)

⏳ Compression never lasts forever…

The breakout will reward patience — not prediction.

#GOLD #XAU #FedRateCuts #TrendingTopic