u/Amelia_Rose70

Analysis...

*Gold* is under pressure after *failing to stay above 4570.*

Current price around 4536 shows *short-term bearish* momentum, mainly supported by a stronger US dollar and high bond yields.

*Resistance:* 4555 – 4570/4595

*Support:* 4518/ 4490 – 4475

As price *rejected from 4570*, sellers are still active near higher levels and gold may remain weak unless it breaks above resistance.

u/Amelia_Rose70 — 1 day ago