Gold the dump will continue this is just the beginning

Gold is currently holding at the 0.786 Fibonacci retracement level, which is acting as a key resistance zone. Should this level continue to cap upward momentum, we anticipate a resumption of the bearish trend. Key resistance zones to monitor are located near $4,200 and, more significantly, $4,300. A rejection from these levels would support further downward movement, with our primary bearish target positioned below the $4,000 psychological threshold.

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