PRECIOUS METALS | International Spot Gold Consolidates Amid Uncertainty

International spot gold has entered a consolidation phase following a recent decline, raising questions about whether it is forming a bottom or preparing for further downward movement. According to Jin10, the market is observing the formation of a new area of concentrated trading activity after the accumulation phase. Investors are advised to monitor the testing and potential breakthrough of the upper and lower boundary points within this zone. Additionally, secondary peak levels may attract attention from market participants as potential focal points for capital allocation.