On the 1 hour chart, we can see more closely the recent price action with some consolidation around the 2026 level as the sellers continue to pile in while the buyers keep on pushing for a breakout. If we do get a selloff from this level, we can expect the buyers to step in again around the 2000 support, while the sellers will want to see the price breaking further below the support to increase the bearish bets into new lows.
Comment:
Gold fall surely but take some time