Gold (XAU/USD) Daily AnalysisGoldOANDA:XAUUSDsajjadshamsiiii2Gold has been trading within a well-defined range for an extended period, showing clear consolidation between support and resistance levels. The current price action suggests that the market is patiently awaiting key economic data, particularly signals related to potential interest rate cuts. Any significant economic development or unexpected market signal has the potential to push gold decisively toward either the upper or lower boundary of this range. Traders should remain attentive to macroeconomic indicators and central bank communications, as these are likely to trigger strong reactions in the gold market. Key Takeaways: Gold is range-bound, consolidating within established support and resistance levels. Market sensitivity to economic data, especially interest rate decisions, remains high. Any substantial macroeconomic signal could provoke a breakout from the current range.