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Gold is currently squeezing inside a descending triangle

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โœ… Gold Analysis Update ๐Ÿ†โœจ

๐Ÿ“‰ Gold is currently squeezing inside a descending triangle ๐Ÿ”บโฌ‡๏ธ โ€” showing that sellers are building pressure.
The price is holding below the 200 EMA (orange line), which confirms the bearish sentiment.

๐Ÿ‘‰ If price closes below 3331, we can expect further downside. ๐Ÿšจ
๐Ÿ‘‰ But if price breaks back above 3355โ€“3360, a short-term relief bounce is possible. ๐Ÿ“ˆ

โšก๏ธ In such squeeze setups, patience is the real strategy. Breakouts are always explosive โ€” we just need to wait for the direction! ๐Ÿ’ฏ

๐Ÿ”‘ Key Levels

Resistance: 3355 โ€“ 3360

Support: 3331 โ€“ 3325

๐Ÿ“Š Letโ€™s see which way the market decides to move โ€” stay ready for both sides! ๐Ÿš€๐Ÿ”ฅ

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