Gold has recently shown bearish movement, dropping and grabbing liquidity below key support levels. This move came after Bitcoin’s recent rally, which may have pulled capital away from gold.

Currently, gold is attempting a recovery. However, if the price breaks below the current support, it could trigger further downside, continuing the bearish trend. A confirmed breakdown would open the path for deeper lows and could indicate a strong risk-off environment.

Traders should monitor price action closely around the current support zone, as a bounce could signal temporary relief — but failure to hold could intensify bearish momentu