Gold Compressing Below 5200, Is the Breakout Trigger?XAU/USD SpotFX:XAUUSDCRYPTOMOJO_TAGOLD (XAUUSD) Outlook Gold is compressing just beneath 5200 after a strong weekly performance, holding firm above the 5140–5160 demand area. Price action remains tight, forming a clear intraday range while volatility contracts, usually a precursor to expansion. Macro backdrop continues to favour safe-haven flows. Ongoing tariff uncertainty, stalled US–Iran discussions, and geopolitical friction are preventing sellers from gaining control. At the same time, traders are cautious ahead of the upcoming US PPI data, which could act as the catalyst for the next directional move. Technically, 5210 is the trigger level. A decisive breakout above that zone exposes 5238 and potentially a push toward 5300+. Failure to break higher could send price back toward 5144–5120 for another liquidity sweep before continuation. Structure remains constructive while above 5140. Consolidation under resistance often resolves in trend direction, and the higher timeframe bias still leans bullish. The next move likely comes with data volatility. DYOR, NFA. #XAUUSD