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For Tuesday, April 28, 2026, the short-term outlook for gold is moderately bearish to neutral in the next 24 hours as markets await a pivotal Federal Reserve interest rate decision. While analysts from LiteFinance project an average price of $4,729.15, current spot prices are trading lower near $4,685. 

Short-Term Technical Forecast

Target Range: Prices are expected to fluctuate between a daily low of $4,576.74 and a high of $4,881.57.

Trend Bias: The market shows a bearish bias below the $4,740 resistance level. Technical analysts observe a "descending triangle" pattern, suggesting a potential drop toward $4,630 if immediate support at $4,670 fails.

Bullish Alternative: A decisive move and close above $4,760 could shift momentum toward $4,821.