Key takeaways Bearish trend intact despite rebound: Gold (XAU/USD) plunged 15% to a 4-month low before a 12% rebound, but the bounce is likely a dead cat bounce, with another bearish leg expected. Stagflation & oil strength driving downside risk: Rising WTI crude oil supports a stagflation backdrop, increasing interest rate pressures, and the opportunity […]The post Chart Alert: Gold (XAU/USD) Bearish Trend Resumes Below $4,620 as Stagflation and Oil Strength Weigh appeared first on ActionForex.