#GOLD

Yesterday’s Fred Tam candle in gold failed to produce any follow-through, instead forming an inside range candle as price consolidates just below the highs. 

This signals hesitation, with neither bulls nor bears taking full control after today’s session. If bulls can maintain this tight consolidation under all-time highs, it could develop into a consolidation pattern such as bull flag, setting the stage for a continuation breakout. 

Meanwhile, bears have yet to confirm a pivot reversal, as no significant selling pressure has emerged to initiate a clear pullback. 

Until a decisive move materializes, gold remains in a wait-and-see phase, with bulls holding the upper hand as long as they maintain momentum. 

$ABX $AGI $AYA $BTG $EGO $FNV $GAU $GC $GDX $GDXJ $GFI $GLD $GLL $GOLD $HMY $IAG $KGC $NEM $NGD $OR $RGLD $SA $SAND $SBSW $SSRM $UGL $WPM $XAUUSD #XAUUSD
#GOLD