Gold is currently moving inside an ascending channel after a strong bearish move. However, this structure may represent a corrective pullback rather than a full reversal.
I'm watching for a breakdown below the channel support. A confirmed break and rejection on the retest could indicate bearish continuation toward previous support areas.
Key levels:
🔻 Channel support: Bearish breakout area
🔹 Support zones: 4050 / 4020
Waiting for price action confirmation before considering the next move.

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