Can Gold surge 8,000+ usd after forming a major bottom .GoldOANDA:XAUUSDshivamdahiya1429According to the daily time frame analysis, Gold appears to be approaching a major bottom formation. Based on the current market structure, there is a strong possibility that this bottom could form around August 3. If the market successfully establishes a bottom and confirms a reversal, Gold could begin a significant bullish rally. From a technical perspective, the upcoming move has the potential to extend beyond 8,000 usd to the upside. The price action is developing in line with a long-term accumulation phase, and once the bottom is confirmed, a strong upward trend may follow. For now, it is important to wait for confirmation and monitor how the market reacts near the expected bottoming zone.