BEARISH FUNDAMENTAL ANALYSIS FOR GOLDGold (XAUUSD)CAPITALCOM:GOLDpopsbanks For Gold to continue bearish, the market needs stronger USD and persistent inflation fears. Things that could push Gold lower: • Oil prices continuing higher because of Hormuz/Middle East tensions • Higher oil → higher inflation fears → FED stays hawkish • Kevin Warsh supporting aggressive monetary policy • Strong US economic data and strong labor market • Positive Trump–Xi relations reducing global fear • Rising bond yields and stronger USD In this scenario, investors prefer holding USD instead of Gold, keeping strong bearish pressure on the market.