
XAU/USD Technical Analysis: Bulls Struggle at 50% Fib as 3,247 Resistance Halts Recovery
Gold’s rally has stalled at 3,247, the 50% Fibonacci retracement of the recent drop from 3,347 to 3,120. Price is now compressing below resistance with RSI turning lower and momentum weakening. Bulls must defend 3,207 and reclaim 3,274 to avoid