XAU Posts New 7‑Day Low, Remains Above 30‑Day Support

Gold (XAU) slipped to a fresh 7‑day low of 4,295, down from the prior 7‑day high of 4,306. The move remains above the 30‑day low of 4,288, suggesting a short‑term continuation rather than a break of longer‑term support. Traders watch for a reclaim of the 7‑day level to signal a potential bounce.

• Price fell from the prior 7‑day high of 4,306 to a new 7‑day low of 4,295.
• The drop represents a 0.26% move, keeping the price above the 30‑day low of 4,288.
• This suggests a short‑term continuation rather than a break of longer‑term support.