Gold Technical Outlook: Prepare for Dip Before the Rip

The recent price action shows gold has rejected the R1 resistance level at 2,932.06 and appears to be forming a local top.
A correction appears likely, with potential downside targets at:
First support at P (2,882.39)
If broken, a deeper correction to S1 (2,808.47) or low is possible.
After this corrective phase completes, I anticipate a strong bullish resumption. The overall structure remains positive with:
Solid support at the Previous Weekly Low
Longer-term uptrend still intact (visible from early February pattern)
The Current Year Mid level providing fundamental support
Once the correction finds its bottom (likely near S1, we have to wait for confirmation), I expect a renewed push targeting previous highs and potentially establishing new ones above 2960