July 24, 2025 - (Gold Market Wire) - Gold has been turned back at our resistance point of $3434 and is moving lower. Our chart shows what is now becoming a critical support line for what is shaping up to be a Battle Royale.

Obviously there was a serious liquidation of length - right at the critical point. This marks the fourth turn-away at the $3434 level, and is a cause for short-term concern. Those with serious length will need to contemplate lightening up if the second trend line in the chart doesn't hold.

Meanwhile, the Gold/Silver Ratio shorts have been burning up the track - with little end in sight.

Once again, even in a bemused market, there is an angle to be had. With the move below the 87.50 support, the ratio looks ready to continue its descent. The question for the flat price Gold traders is - 'Is this just another pullback to galvanize energy to push through resistance...or the start of a more pronounced setback? We've got some support at $3353, which really needs to hold.

Tha Battle is on.