GOLD (XAU/USD): Market Outlook & Short UpdateGoldCAPITALCOM:XAUUSDlinofx1Gold Update: I received multiple requests to provide an update after the last predicted bounce before the target level of 3900. Gold is currently consolidating within a horizontal parallel channel (range). The market will likely stay within these boundaries until today's high-impact US NFP and Unemployment Rate releases. For now, look for trading opportunities near the range boundaries. Once the news drops, a breakout will provide strong confirmation of the market's future direction. Though I'm expecting a bullish breakout.