🟡 Gold Price Forecast: XAU/USD remains under bearish pressure
Gold (XAU/USD) continues to trade with a bearish bias after last week’s sharp decline of nearly 4%.
Although momentum is slowing slightly, buyers are still struggling to regain control as price remains below key resistance zones.
Support is seen near $4,500, while a break lower could expose the $4,350 area.
On the upside, resistance remains around $4,640 and $4,770 as sellers continue to dominate the short-term trend.
⚠️ Not financial advice. Trading involves risk.
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