Gold has fallen, Gold Price Forecast: XAU/USD

The price of gold has stayed between 4100 and 4150. Yesterday, gold gave some hope of recovery, reaching the level of 4149, but the bears are back.
               Currently, gold is trading at the level of 4107 (time: 16:40)
Year on year, gold has given a better return, but the bears are striking back. Gold is consolidating after its recent week gains due to the Middle East tension resuming, which shows signs of cooling
        Gold gained 1.12% in the previous week's session, and it is currently trading around 4106, down by nearly 0.4%.
the next major event is the US economic trigger, which will be at june 14.
major support level- 4080
resistance level- 4150

XAU/USD trades at $4,107,

 holding just below the trendline resistance from early-week lows, although the higher low seen earlier this week suggests that bears might be losing momentum. Indicators in the daily chart are also showing a weakening bearish momentum, yet with no clear sign of a trend shift on the chart so far.
Now around $4,107, and then at the July 6 just above $4,200 a

 On the downside, the precious metal has a support level between Thursday's low in the $4,020 area; if the support level break than the metal can go to the lowest level around $3900.

All eyes are on Fed news on 14 July. more the hokish is good for the currency and bad for gold.

This is not investment advice. Please perform your own research or consult with a financial advisor prior to making trading decisions.