📉 #XAUUSD Update
Gold remains under bearish pressure, with the overall trend still weak despite recent stabilization.
🔹 Strong U.S. NFP data last week boosted the USD and weighed heavily on gold.
🔹 Easing geopolitical tensions reduced safe-haven demand.
🔹 After dropping to a two-month low near 4268, gold has entered a short-term consolidation phase around 4330.
📊 Bias remains bearish while price trades below key resistance levels, with rebounds likely to face selling pressure.
#Gold #XAUUSD #Forex #Trading #MarketAnalysis
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