Gold Holds Bearish Bias as Trump’s Deadline NearsGold remains under pressure as markets turn cautious ahead of a key deadline tied to US–Iran tensions.

The metal has been consolidating since last week’s selloff, which followed Trump’s hawkish stance and firm timeline to end the conflict.

With no major updates, traders are focused on the “final” deadline for Iran to reopen the Strait of Hormuz. The threat of escalation is keeping markets defensive, limiting gold’s upside despite its safe-haven appeal.

Technically, gold is still trading below a downward trendline, signaling that sellers remain in control.

The current price action looks more like a pause than a reversal, with downside risks still in play. A continued bearish move could push prices toward the $4,000 level, while any de-escalation may trigger a rebound toward $5,000.

For now, gold’s direction depends largely on geopolitical headlines, with traders waiting for clarity before making decisive moves.