GOLD is showing signs of a major bullish reversal!
The chart is clearly forming an inverse head and shoulders pattern, which often marks the end of a downtrend and the start of a new move up.
Buyers stepped in strong around the $3,305 zone multiple times, defending key lows and building a solid base. Now, the right shoulder is taking shape, and a break above $3,350–$3,357 could trigger the breakout.
📌 Key Resistance: $3,350 / $3,357 / $3,399
📌 Support: $3,304 (critical trendline)
If price flips $3,357 into support, bulls could target $3,399 and eventually $3,448 in the next leg.
The structure looks clean, with all eyes on the neckline breakout.
DYOR, NFA