Gold eased 0.68% to $4,301 as the Fed held rates and Iran peace talk progress weighed on haven demand.
Bull case
- Fed holds rates, avoiding a hawkish surprise (MEDIUM)
- Central-bank buying remains a steady structural bid (MEDIUM)
- Consolidation above key support seen as constructive (LOW)
Bear case
- Iran peace-talk progress reduces the geopolitical risk premium (MEDIUM)
- Dollar firm against major peers (MEDIUM)
- Range-bound price action lacks fresh bullish catalyst (LOW)
Levels that matter: Support $4,286 / Resistance $4,364.