$XAU
XAUUSDT
Perp
5,071.75
+1.40%
Gold is consolidating at an all-time high of $4,986 after a massive rally. A Pennant Pattern has formed, indicating a big move is coming.
Dual Direction: Watch for a breakout or breakdown from this triangle.
Scenario 1: A break above could lead to one last liquidity grab before a major sell-off.
Scenario 2: Failure to hold here will trigger the much-awaited supply correction