Gold rebounded after Friday's bearish close but another correction cannot be ruled out.
Despite Friday's record high, gold faced selling pressure later, signaling possible short-term losses.
Traders eye key support levels, like Friday's low at $2333, amid overbought signals from the RSI.
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Gold managed to bounce back after Fridayâs bearish close, albeit the positive moves in European stock markets and oilâs negative response to the weekendâs events point to reduced haven demand.#BullorBear #XAUUSDâ€ïž