Gold corrected upward as expected, reaching the top of the descending channel and the resistance zone, where it showed a clear price rejection.

In this region, gold is expected to show some consolidation and liquidity buildup, followed by a renewed bearish move toward the lower marked levels.

Political and geopolitical developments especially talks and the possibility of a peace agreement between Ukraine and Russia  may accelerate this bearish movement.

As long as price fails to break above the resistance zone and the channel top, the

short-term outlook remains bearish, and any upward correction should be viewed only as a pullback.

Trade safe always❤️