Gold remains cautiously bearish, extending its pullback after a months-long rally driven by the currency debasement narrative. ETF outflows reached record levels this month, with investors shifting toward higher-yielding assets as U.S. confidence improves.
Key Levels: Support at $3,934.7 | Resistance at $4,192.6
Investor Takeaway: RSI near 44 trending downward with emerging MACD selling pressures; consolidation expected as investors rotate from gold to risk assets.
