Gold is approaching the 3.618 Fibonacci extension at $3,270.93.
This level is often seen as a final stage of a strong bullish wave especially in a parabolic move.
The next level up is 4.236 ($3,553), which is extreme and only likely in euphoric conditions.
We are likely in or near a topping zone.
Watch for confirmation via candlestick patterns or momentum...
Possible Short‐Term Pullback:
If the correction continues, the 1.618 extension (around ~125–126) is a natural technical area to watch for potential support
**NOT financial advice. Always combine technicals with broader market conditions, fundamentals, and your own strategy.)
