🟡 Gold stays near $4,000/oz but momentum is slowing. China cut VAT exemption for some gold retailers — may reduce domestic demand. Stronger USD & fewer Fed rate-cut hopes are capping gold’s upside. India’s Titan posted higher profits from high gold prices despite lower volumes.
📉 Analysts see short-term pressure, key levels: Support $3,950 – $3,900 Resistance $4,045 – $4,100
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