Gold Price Holds Bullish Bias Near $4,400 Amid Safe-Haven Demand

The gold price is holding a strong bullish bias near $4,400 due to ongoing safe-haven demand and expectations of further monetary policy easing. This support has kept the price from dipping despite occasional profit-taking.

Traders are closely monitoring key technical levels for the next directional move, with resistance at $4,400 being a pivotal zone that has repeatedly been tested over recent sessions.

A sustained break above this level could open the door to further gains towards $4,450, $4,500, while failure to hold above support might trigger a corrective pullback. The technical indicators on the daily chart remain in bullish territory, with the Relative Strength Index (RSI) hovering near overbought levels but not yet flashing exhaustion signals.

The underlying uptrend is reinforced by moving averages that are aligned in a bullish formation, further solidifying gold's resilience near record highs.