🟡 Gold Market Update

💰 Gold continues to trade near three-month lows around $4,300 after last week's sharp 3.25% sell-off.

💵 The US Dollar Index remains firm above 100.00, supported by renewed Middle East tensions and expectations that interest rates could stay higher for longer.

📉 From a technical perspective, Gold closed below its key 200-day SMA last week, increasing the risk of further downside.

🎯 If selling pressure continues, the $4,250 area could be the next major support level to watch.

⚠️ Traders should remain cautious and monitor both geopolitical developments and upcoming economic data for the next major move.