Technical Analysis:
Currently trading around 2314 and we saw good opportunities for selling in gold around 2325 price is heading towards 2300 towards its good support, we can only buy if we see good structure shift not before that around 2300. if 4H candle breaks below our support we might see lower levels too on gold below 2300.
Fundamentals:
Metal prices are mixed, with gold futures broadly flat at $2,329.8 a troy ounce, but base metals making gains. Gold prices have traded in a narrow band since Monday, with losses tempered by increased tensions in the Middle East and market speculation around potential U.S. interest-rate cuts. Israel has stepped up attacks in the southern Gaza city of Rafah, after rejecting an Egyptian-Qatari ceasefire proposal that Hamas accepted. Israel said the proposed ceasefire didn't meet its core demands. Hopes for U.S. interest rate cuts have also been boosted by Friday's weaker-than-expected nonfarm-payroll data. Gold, historically, has a close relationship with interest rates, with higher rates for longer reducing the appeal of non-interest bearing bullion. Elsewhere, copper rises 0.7% to $9,987 a ton, while aluminum gains 0.7% to $2,568 a ton.
Disclaimer: Trading carries risk. Practice effective risk management and consider your risk tolerance before trading.