Impressive recovery - Remaining within the trendline below 4800GoldOANDA:XAUUSDFM-ForexMastermind🔶 XAU/USD UPDATE 👉 Gold has rebounded from the 4632–4633 USD zone, marking a four-day low reached during Monday’s Asian session, and has filled most of the weekly bearish gap amid mixed signals. According to The Wall Street Journal, regional countries are racing to bring the US and Iran back to the negotiation table within days after weekend talks ended without an agreement. 📊 Personal Bias 👉 Gold saw an impressive recovery toward the 4740 level after a sharp gap-down at the start of the Asian session, which previously pushed price down to 4644. 👉 The failed negotiations have strengthened the USD while also driving oil prices higher. These two factors are putting pressure on gold, as rising inflation concerns may lead central banks to consider tightening monetary policy, giving more advantage to yield-bearing currencies over gold, which does not offer interest. 👉Today, the market is likely to remain within the H1 trendline range, as no major economic data is scheduled. Resistance zones: 4766 ; 4800 Support zones: 4700 ; 4658 Wishing you a successful trading day 💵