#xauus

Gold remains under pressure and is set for a weekly loss as sticky inflation and rising bond yields strengthen the U.S. dollar, keeping expectations of higher Fed rates alive. Geopolitical tensions offer limited support, but inflation and Fed policy remain the key drivers.

🔍 Technical Outlook

Daily: Piercing Pattern, trading below 20 SMA

4H: Hammer formation

1H: Flag pattern

📉 Weekly Bias: Bearish → Neutral

⚡ Intraday Bias: Bearish → Neutral

Strategy: Sell at resistance or on a break below support.

🛡 Support: 4130 • 4020 • 3930

🚧 Resistance: 4250 • 4350 • 4430

Join our WhatsApp group now MORE ANALYSIS AND FREE TRIAL SIGNALS

👇👇