In my view, gold is setting up for a meaningful correction on the higher timeframes. After an extended bullish run, the structure suggests we could see price retrace deeper and potentially sweep this year’s low near the 2600 region. A liquidity grab below that level would align with a healthy long-term reset before the next major move. While the macro trend remains intact, I expect this corrective phase to play out before gold resumes its broader upward trajectory.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.