Gold (XAU/USD) trades slightly lower for a second straight day but holds firm above recent swing lows, supported by renewed Fed rate cut expectations, a retreating U.S. Dollar, and persistent geopolitical risks.

Despite minor selling pressure, the metal remains resilient as traders weigh the possibility of two more Fed rate cuts before year-end amid lingering inflation concerns and the ongoing U.S. government shutdown.

Technically, a break below $3,944 could trigger a deeper pullback toward $3,900, while strong resistance is seen at $4,035–$4,060. A sustained move above those levels could reignite bullish momentum toward $4,100.

📊 Scalping View: Short-term bias stays neutral to bullish above $3,940. Buyers may look for intraday bounces near support, while sellers watch for failure below $3,944 to target quick downside plays.

— Posted by Gols Scalping Signals | Market Update — October 10, 2025