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 Friday’s bearish close, albeit the positive moves in European stock markets and oil’s negative response to the weekend’s events point to reduced haven demand.#BullorBear #XAUUSD❤️