Most likely, $3,080 will be the top for Gold !

🚀 GOLD at a Critical Turning Point? 🧐

Hello Traders 🐺,

If you take a closer look at the GOLD chart, you'll notice that it's approaching a major top! In my opinion, somewhere between the current price and the 1.618 Fibonacci level (~$3,080) could be a prime take-profit zone. Here’s why:

1️⃣ Inverse Head & Shoulders Target Hit!

✅ The inverse head & shoulders pattern played out perfectly, reaching its target at $2,766, which aligns with the 1.27 Fibonacci level.
✅ Price rejected that level, but I believe the final target is $3,080 (1.618 Fib) before we see a significant correction.

2️⃣ Strong Confluence at $3,080!

At the 1.618 Fib level, we have three major confluence factors coming together:

🔸 Bearish RSI Divergence – GOLD is showing signs of momentum loss.
🔸 AB=CD Pattern Completion – This is a strong reversal signal.
🔸 Key Psychological Resistance – Historically, GOLD reacts at such levels.


⚠️ What’s Next?
If GOLD reaches $3,080, expect a strong rejection & potential correction phase. Smart traders will consider taking profits and waiting for the next big move.

🔽 Do you agree? Will GOLD break past $3,080 or is a reversal coming? Let me know in the comments! 👇🔥