$XAU Current trend: Slightly bearish in the short term.
Spot price: Around $4,069/oz.
Support: $4,050, then $4,020.
Resistance: $4,100, then $4,140. �
Reuters +1
Market outlook
A stronger US dollar and rising US Treasury yields are putting pressure on gold prices.
Geopolitical tensions are providing some safe-haven demand, but expectations of higher interest rates are limiting upside. �
Reuters +1
Trading scenarios
🟢 Bullish: A sustained move above $4,100 could target $4,140–4,200.
🔴 Bearish: A break below $4,050 could lead to a decline toward $4,020 and potentially $4,000. �
DailyForex +1
This is educational market analysis and not financial advice.#USStrikes80PlusIranianTargets #FedMinutesShowSplitOnRateHikes #BTCExchangeSupplyFallsTo9YearLow #OilJumpsToTwoWeekHigh 