Gold Futures (GC1! | Daily Analysis)

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Gold Futures (GC1! | Daily Analysis)Gold FuturesCOMEX_DL:GC1!Wavervanir_International_LLC📊 Gold Futures (GC1! | Daily Analysis) Gold is consolidating within a tight wedge structure, testing the equilibrium zone near $3,390. 🔑 Key Observations: Premium Zone rejected near $3,520, aligning with recent swing highs. Price is now retesting trendline support + equilibrium zone (~$3,320–3,390). Volume profile shows distribution spikes suggesting strong participation but indecision. A clean break below equilibrium could target discount zone near $3,160. Holding above support may invite another test of premium liquidity above $3,500. ⚖️ Outlook: Gold sits at a critical decision point. Bullish case: Hold equilibrium → push back toward $3,520. Bearish case: Break and close below $3,320 → liquidity sweep into $3,160. 🕵️‍♂️ Watch how price reacts at this wedge support; it will define the next leg. #Gold #Futures #SMC #Trading #WaverVanir