GCAP GOLD notes that gold prices opened the week in positive territory but have yet to break through the $4,100 level, after the dollar recovered from its lowest since June 17, prompting buying to slow. Meanwhile, President Donald Trump announced a temporary halt to plans to attack Iran and said the US and Iran are set to resume talks on Monday, which reduces energy supply risks and raises the chance of ending the conflict through diplomacy. On the OPEC+ front, the group decided to increase production in September, putting heavy pressure on crude oil prices and easing concerns that US inflation could reaccelerate. This has led the market to scale back expectations that the Fed might need to pursue tighter monetary policy. These factors limit the dollar's strength and help support gold, even though safe-haven demand has eased as Middle East tensions begin to cool. Technically, gold is still trading below the 200-day moving average, with initial resistance at $4,110. If it breaks through, there is a chance to test the upper bound around $4,150, but if it fails, it could fall back to test support at $4,020 to $3,975.