GOLD Looking decline toward near-term lowsGoldOANDA:XAUUSDMR_GOLD_12Gold remains in a bearish trend around 4750, with sessions showing a decline toward near-term lows. The Federal Reserve’s hawkish outlook has weighed on gold’s appeal, particularly given its non-yielding nature. Meanwhile, geopolitical tensions have escalated after Iran launched missile strikes on a facility in Qatar, which houses the world’s largest LNG production site, following an Israeli attack on Iran’s South Pars gas field. These events could introduce short-term volatility, but haven’t yet reversed gold’s overall downtrend. Key Levels ; Resistance; 4800 / 4830 Support ; 4702 / 4650 Gold’s price is consolidating in a downtrend a break below 4,750 could push prices further to 4,721 – 4,650 on the upside, any resistance test could fail to sustain a rebound, keeping the downside bias intact. You may find more details in the chart, Trade wisely best of luck buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.