Gold Bounces from $4,000 but Stays Below $4,100

Gold (XAU/USD) posted modest gains on Thursday, staging a rebound from the key $4,000 psychological level. However, the precious metal remains under pressure, failing to reclaim the $4,100 mark as broader market sentiment remains cautious.

Geopolitical uncertainty continues to underpin safe-haven demand, while growing bets on a Federal Reserve rate cut have provided additional support. Still, the lack of a decisive breakout above $4,100 suggests that sellers remain active in the near term.

Traders are now watching for further macroeconomic cues, including upcoming Fed comments and geopolitical developments, which could determine whether gold can sustain its bounce or face renewed selling pressure.