Spot gold is expected to stabilize around the $3407–$3414 support zone before possibly retesting $3436 resistance. This level matches the 138.2% Fibonacci projection from the $3310 C-wave.
A brief breakout above $3436 suggests the wave might extend toward $3457
On the daily chart
If gold breaks above $3451, the triangle confirms and could send prices to $3700
Failure to break may lead to more consolidation and a dip toward $3306