Chart of the day: Gold price falls below $4,100 as sellers threaten another breakdown - investingLive

AI desk brief

Gold has slipped below $4,100, putting the $4,100-4,117 support band under pressure after repeated failures near $4,200. A firm daily close below $4,100 would open downside toward $4,000, with $3,960 (July low) the next major target; reclaiming $4,200 is needed to ease selling pressure.

The article says the broader backdrop remains challenging for gold: elevated Treasury yields are weighing on a non-yielding asset, while renewed oil strength is stoking inflation worries and keeping Fed-tightening expectations alive. Technically, the repeated caps near $4,200 and the 100-day moving average leave the bias tilted to sellers for now.