As we saw in last week gold made a rectangle and breakout it H1 and hit 2726 where we seen a fakebreakout of double top in H4 but gold dropped suddenly and breakdown these all levels and again enter into previous rectangle zone now in next move we can see big fall till give target into chart and we can wait for 2483 also as gold is running in bearish trend
Gold prices climbed further, driven by escalating Middle East geopolitical tensions and a Wall Street selloff boosting safe-haven demand. China likely acquired over five tonnes of gold in Nov, according to the PBoC report. Upcoming central bank decisions in Canada, the EU, Switzerland, and the Fed are expected to heighten gold price volatility as investors await...