GOLD maintaining Bearish structure overallGold / U.S. DollarFOREXCOM:XAUUSDMR_GOLD_12Gold is currently trading within an ascending channel, maintaining a bullish structure overall. Price has respected the trend by forming higher highs and higher lows, but recent movement shows a loss of momentum near the upper boundary. Gold’s earlier strength was supported by a weaker US Dollar and geopolitical uncertainty. Now, the market is stabilizing as traders wait for clearer direction technically price rejecting from the 4,800 resistance area, price has entered a consolidation phase around 4,740, indicating market indecision and slowing bullish strength. the current structure suggests a higher probability of a downside move. A break below 4,680 can push price toward 4,600 as selling pressure increases. However, if buyers regain control and price breaks above 4,800 with strength, the bullish trend may continue toward higher levels Gold remains bullish in the bigger picture, but short-term price action shows consolidation and potential weakness. The next move depends on a breakout from the current range. You may find more details in the chart, Trade wisely best of luck buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.