Gold against the US dollar is trading within a sideways range with a bearish bias during today’s session, as prices remain below the pivot level of 4520 amid cautious market sentiment and weaker buying momentum.
If the decline continues, gold is expected to target 4480 followed by 4440.
Alternatively, in case of a bullish rebound, the precious metal may rise toward 4580 and then 4660.
The bearish bias remains valid as long as trading stays below 4520, supporting a potential move toward 4440.
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