Gold prices hover near $4,770, with bulls struggling to breach the $4,780-$4,800 resistance zone. Analysts note the metal's failure to capitalize on geopolitical tensions, as Bitcoin unexpectedly outperforms traditional safe-haven assets.

Ash Crypto's comparative charts reveal a market divergence: while many anticipated gold to rise amid U.S.-Iran tensions, Bitcoin has stolen the spotlight. The cryptocurrency's resilience challenges gold's short-term appeal, though the precious metal maintains long-term structural strength.

Technical analysts identify $4,770 as a pivotal level, with $4,800 forming a clear ceiling and $4,700 serving as key support. The current mid-range positioning suggests a consolidation phase rather than trending momentum. A decisive break above $4,780 could shift short-term sentiment, but gold remains trapped in its trading band for now.