XAU/USD falls to $4,313-$4,200 range after failing to sustain gains above the 100-hour moving average.
Gold prices retreated to the $4,313-$4,200 zone, breaking below the 100-hour moving average and shifting near-term sentiment from bullish to neutral. The decline follows a lack of fresh catalysts, including stalled US-Iran tensions and resistance at the 100-day moving average.
Last week’s rally pushed XAU/USD above $4,200, but momentum stalled as buyers failed to extend gains. Support at $4,310-$4,325 is now under pressure, with further downside possible if selling accelerates.
The technical breakdown suggests near-term exhaustion, though broader trends remain intact without additional negative drivers.