Gold is preparing a pause before a new breakthrough

On the 30-minute chart, gold remains inside the ascending channel but is showing local signs of overheating: price hit resistance around 3875 and pulled back.

The technical setup suggests a correction towards the channel support and the 0.5–0.618 Fibo zone (3833–3823), where buyers are expected to step in. If support holds, the bullish trend may resume with targets at 3909 and 3941.

Volume indicates selling pressure at highs, but the overall trend remains intact - moving averages are pointing upward, and the higher-high structure is still valid.

Tactical plan: watch how the 3833–3823 zone reacts; if buyers confirm control, gold has room for another strong push.

And if bulls rush without giving a pullback - that’s the classic “market never waits for your comfy chair” scenario.