GOLD remains neutral to mildly bearish unless a breakout occurs

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Currently, the price is hovering around 78213, which is the midpoint of the range, reflecting market indecision and the absence of a strong directional bias.

The lack of follow-through on bullish moves and frequent wicks on both ends suggest possible liquidity traps or false breakouts. Short-term bias remains neutral to mildly bearish unless a breakout occurs.

A bullish breakout above 79000 with strong volume could retest the 80200–80500 resistance zone, while a breakdown below 77000 may lead to further downside toward 76500 or 75800.

Traders may consider range-trading strategies while keeping alerts for potential breakout or breakdown setups with tight stop-losses due to the choppy structure and fading momentum.

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