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Lingrid | GOLD Wednesday's HIGH-LOW to Determine Next Direction

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XAUUSD continues its consolidation after falling from the resistance zone. It consistently respects the downward trendline, repeatedly bouncing lower from this barrier. The market recently formed a triangle pattern and broke through it, though notably without triggering major sell-offs. Currently, price action is testing the previous day's low. However, I believe the price may retest Wednesday's low since price is trading within Wednesday's range. This has formed an inside bar candlestick pattern on the daily timeframe, suggesting the next decisive move will occur following a breakout beyond Wednesday's low or high boundaries. Overall, I expect the sideways movement to continue until next week, with closely watching these key levels for potential signals. My goal is resistance zone around 3355


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