Gold remains consolidation phase near record highs

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Gold remains consolidation phase near record highsGoldOANDA:XAUUSDMrMartin_11Gold remains in a consolidation phase near record highs, showing strong bullish momentum overall. Despite minor pullbacks, the ongoing decline in the U.S. dollar continues to support gold prices on the upside. Currently, price action is ranging between 3886 and 3860, where support is being tested. A successful retest of this support zone could provide a solid base for the next bullish move. If bulls maintain control and the breakout occurs, the next psychological resistance level to watch will be around 3920. The overall trend remains bullish, supported by market sentiment and fundamental drivers. You may find more details in the chart. Trade wisely best of Luck. Ps; Support with like and comments for better analysis Thanks for Supporting.