Breakout Key level 4670 - sellers are in control.

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Breakout Key level 4670 - sellers are in control.GoldOANDA:XAUUSDFM-ForexMastermind๐Ÿ”ถ GOLD UPDATE ๐Ÿ‘‰ Gold prices continued to fall for the second consecutive day due to uncertainty in peace talks between the US and Iran, boosting the US dollar as a safe-haven currency. ๐Ÿ‘‰ Meanwhile, gold prices have slightly declined from recent highs as the market awaits clearer information from the Federal Reserve (Fed). Expectations suggest the Fed will keep interest rates stable. ๐Ÿ“Œ Technical Outlook ๐Ÿ‘‰ 4670 has been broken, confirming seller dominance. ๐Ÿ‘‰ EMA 34, 89, 200 are all trending downward, reinforcing bearish momentum. ๐Ÿ‘‰ RSI (1H) is in oversold territory, suggesting a possible short-term pullback. Market structure remains bearish in the short term๐Ÿ”ฝ ๐Ÿ‘‰ As long as the price remains below resistance, gold is likely to continue lower today. Resistance zone : 4670 ; 4730 Support zone : 4600 ; 4573 ๐Ÿ”ฅ Bias Today: BEARISH Wishing you a successful trading day๐Ÿ’ฐ