Executive Summary
📉 Bias: Bearish while below $4,498
🛡️ Immediate Support: $4,317
⚠️ Key Breakdown Level: $4,100
🚀 Resistance Levels: $4,498 and $4,680

Technical Analysis
Gold (XAU/USD) is showing signs of stabilization after recent selling pressure, but the broader technical outlook remains fragile. On the daily chart, the precious metal continues trading below the 20-period Bollinger Band middle line near $4,498, indicating that sellers still maintain control of the market.
The Relative Strength Index (RSI) is hovering around 36, reflecting weak momentum with a bearish bias. Meanwhile, the Average Directional Index (ADX) near 29 suggests the current downtrend remains intact and retains moderate strength.

Bullish Scenario
For buyers to regain momentum, Gold must reclaim the $4,498 resistance zone. A sustained move above this level could trigger a corrective rebound toward the upper Bollinger Band near $4,680.

Bearish Scenario
On the downside, immediate support is located at $4,317, which aligns with the lower Bollinger Band. A decisive break below this area may accelerate losses toward the next major support around $4,100, where buyers could attempt to defend the broader structure.

Outlook
Although Gold has paused its decline, the technical picture still favors caution. Unless XAU/USD breaks back above $4,498, downside risks remain elevated, with traders closely watching the $4,317 support zone for the next directional move.