After testing a key resistance zone around 3,328–3,334, gold saw a sharp rejection, confirming bearish control. Price retraced aggressively, reaching the 3,293 level before consolidating. Short setup played out with clean risk-to-reward. Watching for a potential continuation or reversal at this consolidation zone. Stay sharp!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.