Gold is experiencing one of the most sensitive phases in recent days since the beginning of the year, as it faces a highly dangerous technical signal known as the 'death cross', at a time when markets are witnessing a decline in investment demand for the yellow metal due to the easing in the trade war between Washington and Beijing, and the rising voices within the U.S. calling for an end to the longest government shutdown in the country's history, which has exceeded its thirty-eighth day.

This dual scene — between economic easing and government stagnation — raises a fundamental question:

Are we on the brink of a major corrective drop that could push gold to $3500 per ounce, or are gold bulls hiding a coming surprise that will return prices to their upward trajectory towards new historical peaks?