Gold (XAU/USD) is trading at $2,633.03, down 0.03%, consolidating above its pivot at $2,631.59. The 50-day EMA at $2,624.82 offers near-term support, while the 200-day EMA at $2,639.07 signals broader consolidation.

Immediate resistance is at $2,651.62, with potential to rise toward $2,676.43. Support lies at $2,608.24, with a break below targeting $2,584.66.

Gold’s outlook remains cautiously optimistic above $2,630, but a breach could trigger bearish momentum.