XAU|USD Fall Coming At Local Highs?

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Harsh upside momentum has been fed by the FED.

Traditionally, gold has been a safe haven asset, but now, it seems it is de-pegged from this sentiment driver and rising on continued soft landing hopes.

As we rise again to highs and previous short zones, we can discuss ATH's.

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More momentum at highs, would not be surprised if break occurs. Short tentatively.

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Rise above highs as expected. Strong sentiment influx driving price higher. I would wait for a clear change before entry.

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Price rebounding to previous highs (now support, rather than resistance). Not time to buy massively, price still too high.

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