The price of gold gradually weakened as it approached its peak.GoldOANDA:XAUUSDMuzfar-aliGold began the week with strong bullish momentum, pushing higher and reaching a high around 5250 during yesterday’s session. However, overnight in the Asian session, the market delivered a sharp reversal, dropping around 1,000 pips before finding support around the 5150 zone. Over the past several hours, price has transitioned into range-bound consolidation, reflecting temporary balance after the volatility spike. 🔎 Current Market Structure Following yesterday’s breakout above the 5100 resistance, bulls technically remain in control. That said, an important detail stands out: 👉 price is struggling to hold gains near the 5250 area Failure to sustain movement at highs often signals weakening momentum, even within a bullish structure. 📌 Trading Stance At the moment, I'm out of the market. With price trading in the middle of the range, there is no clear risk-to-reward opportunity — and forcing trades in these conditions rarely ends well. ⚠️ Scenario to Watch If price manages another push above 5250, I will be watching closely for signs of exhaustion and may look for: 👉 short opportunities, should momentum once again fail at the highs. ✅ Conclusion Gold remains structurally supported, but hesitation at high levels suggests caution.