Gold sits ~372, rejected at ~379 resistance and down from June's ~397, with technicals reading "mostly bearish." The dominant catalyst is the Jul 28 hawkish Fed decision (~34% hike odds) — higher rates and a firmer dollar pressure non-yielding gold, and the near-term analyst outlook is bearish. A risk-off equity selloff could spark some safe-haven demand (the counter-case), but the hawkish-Fed drag and the downtrend lead me to expect gold modestly lower in a week.