Gold Struggles Near $3400 as Fed & Trade Talks Dominate 📉 XAU/USD retreats after failing to hold above $3400 — bulls hesitate amid stronger USD data and improving risk appetite. 🎯 Key Drivers: • Fed in focus — July 30 FOMC could shift tone • US–China trade talks revive risk-on mood • Strong jobless & PMI data lift dollar 🔥 Catalysts: • Powell under pressure (DOJ referral) • Japan trade deal trims safe-haven demand • Solid US data caps upside 📅 What’s Next: • Q2 GDP (July 30) • FOMC + Powell speech (July 30) • NFP (Aug 1) • China–US headlines 📊 Tech Check: Price: $3330 Res: $3365 / $3400 / $3450 / $3500 Sup: $3315 / $3287 / $3251 / $3215 RSI < 50 ➡️ Weak bull momentum ⚠️ Watch Zones: 🟥 No cut signals → Drop to $3250 🟩 Weak data → Gold back to $3450+ 🟦 Trade friction → Safe-haven boost #gold#