Gold (XAUUSD) Technical Analysis UpdateGoldCAPITALCOM:GOLDTyson_VericGold is currently consolidating within the narrow range of 3425–3430, following a strong uptrend. Price action remains bullish overall; however, the market is currently pausing below immediate resistance. 📊 Key Observations: Trend: Market structure remains in an uptrend. RSI (14): The RSI on the 1H timeframe is in the overbought zone, suggesting that momentum may be cooling off short term. Support Zone: If the H1 candle closes below 3420, it may indicate weakness, potentially triggering a pullback toward the support zone between 3385–3370. Upside Potential: A confirmed break above 3430 with strong momentum could open the path toward the next resistance levels at 3450 and 3465. 🕵️♂️ What to Watch: 1H candle close above 3430 = continuation bias 1H candle close below 3420 = possible retracement RSI divergence or volume confirmation for breakout or reversal signals This is a technical perspective only and not financial advice. Always manage your risk appropriately.