Gold is currently challenging a formidable resistance barrier at 2152, presenting a significant hurdle to overcome

Gold is currently challenging a formidable resistance barrier at 2152, presenting a significant hurdle to overcome.

If this resistance holds firm, we may witness a potential rebound in the asset's price, marked by the formation of bearish engulfing and shooting star patterns, leading to a downward movement.

Conversely, a breakthrough above this resistance level could propel gold prices higher, albeit with the risk of forming a bullish trap.