Gold’s Bearish Analysis Remains Intact

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Gold’s Bearish Analysis Remains Intact

Analysis: Gold went into a deep correction, which was expected, but the recent surge wasn’t. After President Trump announced a 90-day pause on reciprocal tariffs, gold suddenly jumped in price—an odd reaction, considering the market was given time to breathe.

Despite this unexpected move, the bearish trend is still intact. If gold breaks above 3167, it would likely be due to manipulation rather than news-driven movement.

For now, the chart still suggests a high chance of gold moving lower.

Support zones can be found near: 3054; 3000; 2925 ; 2840

You may find more details in the chart!
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