Gold: Bearish Pressure with Key Resistance at 2661

Gold Technical Analysis

The price still has a bearish volume as long as it trades below 2661, so it's possible to touch 2661 before dropping if it can stabilize above 2644.

However the general direction is downward due to the high pressure about increasing Inflation in the USA, so it needs stability above 2661 by closing 4h candle above it to be a bullish trend till 2678

Key Levels:
Pivot Point: 2644
Support Levels: 2625, 2612, 2585
Resistance Levels: 2661, 2678, 2693