Free Forex Signals

• Gold price falls sharply to near $3,300 as the US Dollar performs strongly across the board.
• The US Dollar trades firmly ahead of US tariff deadline on July 9.
• Traders pare Fed dovish bets on better-than-projected US NFP data for June.

Gold price (XAU/USD) is down almost 0.8% to near $3,300 during the European trading session on Monday. The yellow metal faces a sharp selling pressure as risk-off market sentiment has increased safe-haven demand of the US Dollar (USD).

Technically, higher US Dollar makes the Gold price an expensive bet for investors. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, revisits the weekly high around 97.45.

• Gold Price Forecast: XAU/USD retains bearish bias heading into the Fed week
• EUR/JPY Price Forecast: Euro trims gains but holds above previous highs at 186.32
• Gold Price Forecast: XAU/USD is at a critical juncture as Middle East conflict widens
• British Pound steadies as cooler UK CPI meets Oil shock
• Gold Price Forecast: 3 scenarios that could define the rest of 2026