$XAU is currently under selling pressure and trading near the $4,550 area. The market trend is short-term bearish because the US dollar and bond yields are getting stronger.
Support: $4,500
Resistance: $4,650
Trend: Bearish short-term
RSI shows gold is near oversold, so a small bounce can happen soon.
📉 If price breaks below $4,500, more downside is possible.
📈 If buyers push above $4,650, gold may recover #StriveQ1Results15009BTCHoldings #VitalikMovesETHviaPrivacyPools