XAUUSD price continues to move sideways 🐌 after reaching an all-time high (ATH). It appears to be forming a complex pullback, 📉 as it has not retested the previous higher high.📊 This price action may lead to a triangle formation, indicating a potential squeeze.🔀
🗞With high-impact news scheduled for today, I anticipate the market may retest the previous week's low zone,🔻 possibly by forming a complex pullback (like an ABC move) 🆎 before bouncing back, consistent with the current sideways trend.