Next Monday Gold Market AnalysisGoldOANDA:XAUUSDqxvhngGold will continue its weak consolidation trend next Monday, with the overall bias remaining bearish. Short-term rebounds are merely technical corrections, not a trend reversal. Fundamentally, the Federal Reserve is set to hold its interest rate meeting. Growing market concerns over elevated interest rates keep the U.S. dollar and Treasury yields strong, weighing persistently on gold prices. While continuous gold purchases by global central banks and occasional geopolitical risks offer temporary safe-haven support and curb steep declines, they are not enough to reverse the prevailing bearish trend. For the short term, the primary resistance zone stands between 4230 and 4250, where significant selling pressure will emerge on rebounds. The stronger resistance level is at 4270. On the downside, the first support lies at 4200–4180, the short-term dividing line between strength and weakness, with the key further support at 4150. 🎯 I share trading strategies daily.