GOLD ready for a good drop

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GOLD ready for a good dropGOLD (US$/OZ)TVC:GOLDAndrewsMarket-MasteryGold remains in a corrective structure after rejecting the upper boundary of an ascending channel, signaling potential downside continuation. Price is struggling to hold above short-term support, increasing bearish pressure toward lower levels. Recent USD strength and cautious sentiment from central banks are weighing on gold, limiting bullish momentum. A confirmed break below the channel support could trigger further selling, while any upside remains corrective unless key resistance is reclaimed.