Gold is currently trading around 4,166.13, facing a key resistance zone near 4,180–4,190.
Technical Analysis:
Resistance: 4,180–4,190
Immediate Support: 4,160
Downside Target: 4,085
Market Bias: Bearish if resistance holds.
Price Action: Gold recently rebounded from the 4,080 support area but faced selling pressure near 4,180–4,190. The chart suggests a possible bearish rejection, which could lead to another decline toward 4,140, 4,120, and potentially 4,085.