Gold maintains a cautiously bearish—but upward-biased—consolidation as fiscal concerns and weaker US data continue to support demand. Central bank accumulation remains strong, offsetting the slowdown in ETF inflows. Fed bill-buying and global diversification away from US Treasuries add tailwinds.
Key Levels: Support 4,039.909 | Resistance 4,307.703
Investor Takeaway: Consolidation continues; structural demand suggests potential squeeze higher despite near-term stability.
