Gold had failed to break above 2700s resistance area and is showing bearish pressure making LHs and LLs. Currently it is a bit choppy but is overall still bearish and is failing to break above 2650s price area. Next target is 2500s price area for the continuation of current trend.
Price is rejecting an area of resistance while LHs are being maintained. Price is also showing buyers exhaustion, the downside potential is to 75k-74.5k
Price was a tad bit choppy on gold but the overall sentiment is still bullish. 2556 is my current target for this current strong momentum.