Gold Spot / U.S. Dollar
Short

DeGRAM | GOLD is correcting from the resistance line

340
📊 Technical Analysis
● XAU/USD rejected the upper resistance line three times, forming a clear bearish reaction near 4250. Price is losing momentum and sliding back toward the mid-range support after failing to sustain highs.
● Repeated consolidations along the rising support line show weakening bullish pressure, increasing the probability of a corrective drop toward 4150–4100.

💡 Fundamental Analysis
● Gold softens as U.S. yields rebound and Fed officials signal that policy easing is not imminent, limiting upside appetite.

Summary
● Bearish bias below 4250. Targets: 4150 → 4100. Resistance: 4250. Support: 4150 / 4100.

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