Gold (XAU/USD) – H1 Technical Outlook

Gold is currently forming a bullish flag chart patterns on the H1 timeframe, with price consolidating after a strong impulsive move higher. This consolidation suggests the market is pausing before a potential continuation of the prevailing uptrend.

Key Technical View
A decisive breakout above the flag's upper trendline, accompanied by increased bullish momentum, would signal a continuation of the uptrend.