GOLD | Drops to Late-March Lows as Inflation Fears Dominate for OANDA:XAUUSD by SroshMayi

TradingView idea: GOLD | Drops to Late-March Lows as Inflation Fears Dominate for OANDA:XAUUSD by SroshMayi TradingView symbol: XAUUSD GOLD | Drops to Late-March Lows as Inflation Fears Dominate Gold has fallen to around $4530, its lowest level since late March, as escalating Middle East tensions continue to drive oil higher and fuel inflation concerns, pressuring bullion through rising rate expectations. Despite ongoing central bank buying, the short-term structure remains under pressure. Technically: As long as price trades below 4570, bearish momentum remains active toward 4537, with further downside toward 4500. A …