Gold Holds Near 2.5-Month Low as Upside Capped Below $4,360

Gold (XAU/USD) is trading nearly flat on Tuesday, hovering around $4,268—a level not seen in approximately two and a half months. Attempts to push higher have been consistently capped below the $4,360 resistance area.

The precious metal is holding onto earlier losses even as the US dollar softens, a factor that typically supports gold prices. The inability to reclaim $4,360 suggests persistent selling pressure or a lack of bullish conviction at current levels.

Traders remain cautious as gold continues to trade in a subdued range, with the near-term outlook hinging on whether buyers can break above the $4,360 mark or if further downside is in store.