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GOLD Price can continue to move down in falling

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Gold remains Bearish Trend

Gold continues to extend its downtrend momentum, with all eyes on today's U.S. inflation data. While broader market reactions remain uncertain, gold appears particularly vulnerable to further downside pressure.

The temporary ceasefire between Israel and Iran, coupled with progress in U.S.-China trade talks, has significantly eased geopolitical tensions—diminishing the immediate appeal of safe-haven assets like gold.

Even if the price rebounds toward 3300 or even 3310 during a deeper pullback, the overall trend remains firmly bearish.

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