Gold consolidating:- little pullback possible.

Gold consolidating here after breaking $3000.

### **Forecast & Analysis:**
1. **Current Trend:**
- Gold is in an **uptrend**, as seen from the sharp price rise and price holding above key moving averages.
- The price is consolidating near the **$3,000 resistance** after a strong bullish rally.

2. **Support & Resistance Levels:**
- **Resistance:** Around **$3,000-$3,075** (psychological and technical level).
- **Support:**
- **Immediate:** Around **$2,963** (blue level).
- **Next:** **$2,930-$2,920** (red & blue levels).
- **Strong Support:** **$2,894** (purple level).

3. **Moving Averages:**
- The price is **above all moving averages**, indicating bullish momentum.
- If price stays above the **short-term moving average**, the rally can continue.

4. **Possible Scenarios:**
- **Bullish:** If price breaks and holds above **$3,000**, the next target is **$3,075-$3,100**.
- **Bearish Pullback:** If price **rejects $3,000**, it may correct towards **$2,963-$2,930** before a bounce.

### **Trading Plan:**
- **Buy on dips** near **$2,963-$2,930**, with a stop-loss below **$2,919**.
- **Breakout buy** above **$3,000** for a target of **$3,075+.**
- **Watch for rejection signs** at **$3,000** for a short-term sell trade.