Gold Analysis: Volatility Contraction Near Support (15 min)

Gold is currently hovering just above a support level, with small candles indicating a possible volatility contraction. This signals a potential buildup of tension, where a breakout could be imminent. If the price holds above this support, we could see upward movement. However, a breakdown below the support might trigger a bearish move. Keep an eye on volume and price action for the next big move.