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Gold intraday analysis:
After three consecutive bullish days, a normal pullback occurred. The $4,100 support held up to testing (spot level), but a sudden drop to $4,074 in the COMEX futures market exposed signs that long positions are loosening. In the afternoon, a narrow range of $4,110-$4,140 is expected to trade sideways; the real direction will be determined by tonight’s ECB decision. Until then, operate within the range with light positions—don’t chase one-sided moves. $XAUUSD