📊 Gold Market Update
Gold held steady in Asian trade after recent losses as a stronger USD and rising Treasury yields offset safe-haven demand from Middle East tensions.
📉 Outlook:
Gold is heading for a weekly decline as fading expectations of U.S. rate cuts support the dollar.
📈 Technical View (4H):
• Price below Pivot: 5108
• 12 EMA below 52 EMA → Short-term bearish pressure
• Break below 5050 may trigger further downside.
🎯 Key Levels:
R1: 5250 | R2: 5400
S1: 5050 | S2: 4900
#XAU/USD# #gold# #GOLDTODAY# #CrazyGold# #goldfall# #Todayanalysis#
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