Gold is expected to fall to around $4350 in the short term!Gold (XAUUSD)CAPITALCOM:GOLDJay-BordenThe gold market right now may give the impression that it could move higher, but in reality, it’s quite the opposite. When you align the latest news with the current price structure on the chart, the picture becomes very clear: this is still a downtrend that has not been broken. Recent fundamentals are not supportive of gold. Inflation continues to face pressure from rising oil prices, which has delayed expectations of Fed easing. This keeps the USD relatively strong, and as long as the dollar does not show real weakness, gold will struggle to sustain any upward momentum. Geopolitical developments may create short-term volatility, but they are not strong enough to shift the broader market direction. - Rising Wedge as an corrective pattern in Long Time Frame - Sell Side Liquidity - Break of Structure - Order Block - Bullish Channel as an corrective pattern in Short Time Frame