🚹 Market Update: $GOLD (XAUUSD) 🚹

$GOLD is currently trading near a strong resistance zone, and price action is showing signs of slowdown. Buyers are still active, but momentum is weakening on lower timeframes.

📊 Technical Outlook:

‱ Major resistance zone tested

‱ Possible liquidity grab above highs

‱ RSI showing mild divergence

‱ Volatility expected in upcoming sessions

💡 Scenarios:

đŸ”č If breakout holds above resistance → Next bullish continuation possible.

đŸ”č If rejection confirms → Short-term pullback likely before next move.

Traders should manage risk carefully and wait for confirmation. Gold loves fake breakouts — patience is key.

What’s your bias on $GOLD? Bullish or Bearish? 👇

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