Gold rebounded from early-week weakness but has since formed a short-term mini double top. While central bank demand remains robust, slower ETF inflows have contributed to price consolidation.
Key Levels: Support $4,039.91 | Resistance $4,344.13
Investor Takeaway: MACD buying pressure is fading, signaling near-term consolidation. However, Fed balance sheet dynamics and diversification away from US Treasuries may underpin a medium-term floor.
