Main trend: Still leaning towards increasing after accumulation.

Today, gold continued to maintain a strong upward momentum thanks to clear expectations of the Fed's easing policy, along with clear signs of weakness in the US labor market. Domestically, gold buying demand is quiet but still high, with prices continuing to hit new highs. This is the context of "gold rising because the Fed is about to cut interest rates and investors are looking for safe havens".
XAU/USD H1 Analysis (Summary)

Pattern: Market is forming a Symmetrical Triangle – a consolidation phase, usually leading to a breakout. Previous trend is bullish → higher chance of an upside breakout.

Key Support: 3,548 – 3,550 (Fib 0.786). Holding above this zone favors bullish momentum.

Upside Targets:

Target 1: 3,578 – 3,580

Target 2: 3,590 – 3,592

Downside Risk: If 3,548 breaks, price may retest 3,524 or 3,507 (Fib 0.618 / 0.5).

RSI (54.0): Neutral, still has room for further moves.

✅ Conclusion: Bias remains bullish as long as 3,548 holds. Buy above support with targets at 3,578 – 3,590. Stoploss below 3,545.