Gold against the US dollar is trading in a bearish trend during today’s session, remaining below the pivot level of 4000, reflecting continued selling pressure and negative sentiment toward the precious metal.
If the decline continues, gold is expected to target 3970 followed by 3900.
Alternatively, in case of a bullish rebound, prices may rise toward 4050 and then 4100.
The bearish outlook remains valid as long as trading stays below 4000, supporting a potential move toward 3900.
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