Gold price (XAU/USD) is falling 2% to close to $4,410 over the European trading session on Thursday. The precious metal is now under pressure following a sharp rebound in the past three trading days, where fears of continuing war in the Middle East have spread, after Iran rejected an offer of ceasefire by United States (US) President Donald Trump over a 15-point settlement plan and one month long ceasefire proposal. #XAU/USD# #forextrading# #GOLDTODAY#