DeGRAM | GOLD reached the upper boundary of the channel

📊 Technical Analysis
● XAU/USD touched the upper boundary of the ascending channel near 3720–3730, where rejection signals have formed.
● Price is expected to retrace toward 3685 and possibly 3668 support, confirming a short-term pullback.

💡 Fundamental Analysis
● Gold faces selling pressure as U.S. yields remain elevated and the dollar holds firm ahead of Fed commentary, reducing safe-haven demand.

✨ Summary
Gold shows rejection at 3720–3730 resistance, projecting a correction toward 3685 and 3668 support with short-term bearish momentum.

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