Gold Futures – Testing Trendline Resistance

Gold has rallied back into a converging resistance zone — the intersection of the upper short-term trendline and longer-term descending trendline. Price is showing signs of hesitation here.

Price is pressing against the red diagonal resistance.

This level has rejected multiple times.

Setup targets a pullback toward mid-channel support near 3,407, then 3,388.

Stop positioned above resistance to protect against a breakout continuation.