Gold Slips to $4,175 as Sellers Target $4,100 on US Holiday
Gold trades lower at $4,175 amid thin US holiday volumes, with sellers pushing to test the $4,100 support level after rejection near $4,187.
XAUUSD
Gold eased to $4,175 as US market closures reduced trading liquidity, allowing sellers to step in following the earlier rejection near $4,187. The lowered volume is amplifying downward pressure, with the $4,100 support zone now in focus as a key target for bears. The move suggests a short-term bearish tilt, though the holiday environment may exaggerate price swings.
Source: FXStreet Forex News