Gold/USD is trading with a clear bearish intraday bias, holding below the key pivot level at 4560, which reflects continued selling pressure and weak bullish momentum. As long as the price remains under this level, the downside scenario is favored, with expected targets at 4500 followed by 4480 if the decline extends.
However, if the price reverses and breaks above 4560, a corrective rebound may take place, opening the way toward 4600 and then 4660. Overall, sustained trading below 4560 supports further downside toward 4500 in the near term.
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