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GOLD ON THE EDGE: Is a TOTAL COLLAPSE Looming?

Hold onto your hats, folks! This weekend has sparked an explosive showdown between Gold Bears and Bulls, and the stakes couldn’t be higher! With whispers of US President Trump’s plans to send offensive weapons to Ukraine rocking the markets, tensions are at an all-time high, and so is the demand for gold. Are we plunging into chaos, or can the precious metal survive the storm?

Gold Futures in a PANIC Spiral!

Just as I predicted, gold futures reacted like a ticking time bomb on Monday! Despite starting the week with a bang, soaring to $3387.80, it didn’t take long for the bullish momentum to fizzle out, dragging prices down to a staggering low of $3378! The evidence is impossible to ignore—gold is DEAD if it can’t push past the $3390 barrier!

And get this—if we can’t hold firm at this critical support level of $3340, brace yourselves for a tumble like you’ve never seen! The crypto of precious metals might just face the ultimate meltdown!

The DIABOLICAL Charts: What’s Next?

The daily chart reveals impending doom! If gold futures can’t muster enough strength to climb above immediate resistance at $3396, we are likely cruising towards a BEARISH CROSSOVER. This means more selling pressure and sleepless nights for gold bulls everywhere!

In the 1-Hour chart, the situation is as mixed as a bag of nuts! While the engulfing pattern looks deceptively bullish, the immediate support at the 9 DMA is teetering on the edge of disaster. If the price can’t hold above $3365, next stops could plummet to $3352 and $3339! Is this the end of gold’s reign?

What’s the Play Here?

Hold your breath! If gold futures somehow break past $3396, we might see a flicker of hope at the $3410 mark. But let’s be honest—any rally is likely to trigger a MASSIVE sell-off unless it can establish a firm foothold. The tension is palpable!

So, are you ready to gamble your hard-earned money on this crazed rollercoaster? Remember, jumping into gold futures carries risks that could shred your portfolio! Stay alert, stay informed, and don’t let the panic take control!