#XAUUSD #Gold 🟡 ✅ Gold prices have started to consolidate. Especially after the #Fed interest rate cut, it has completely settled between 4264-4350. ✅ Yesterday's record attempt failed. The US inflation data coming in much lower than expected had an effect. A suitable environment for a record was created, but it was rejected once again from near the all-time high... ✅ If it closes above 4300 this week, we are likely to see a sideways trend next week as well. It will remain between 4300-4345. We do not expect any significant economic data next week that would cause a sharp drop/rise in Gold. ✅ As long as the wedge formation in the chart holds, I think the price of #Gold will move sideways for a while longer, then downwards. This is my technical interpretation. Unless, of course, there's a statement from the Trump administration or the Fed, or a geopolitical development (like war or peace)... 👉 My Free Trading Channel: http:/t.me/dayiborsaforex