DeGRAM | GOLD is expecting a slight pullback

📊 Technical Analysis
● XAU/USD is repeatedly rejecting the descending resistance line and the 4,155–4,170 supply zone, signalling weakening bullish momentum at a key confluence area.
● Failure to hold above the resistance-area retest suggests a likely drop toward 4,110, followed by a deeper move toward 4,058 as the rising structure loses strength.

💡 Fundamental Analysis
● Gold is softening as U.S. yields stabilize and risk appetite improves, reducing short-term safe-haven demand.

✨ Summary
● Bearish bias below 4,170. Targets: 4,110 → 4,058. Resistance: 4,170.

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