Gold Analysis & StrategyGoldOANDA:XAUUSDqxvhngMany Fed officials stated in the meeting minutes that further interest rate hikes remain possible this year, cooling market expectations of rapid rate cuts. As a result, the US Dollar Index climbed alongside the 10-year US Treasury yield, triggering a sharp pullback in gold prices and sending the metal into a corrective consolidation phase in the short term. Every minor rebound in gold faces heavy selling pressure, marking a corrective bounce amid a downtrend. The bearish bias will persist as long as prices stay below 4200. Short-term Trading Plan Sell on rebound between 4090 and 4110 Stop loss above 4120 Take profit targets: 4050, then 4030