Gold trades bullish at $4,321 in early Monday trading, consolidating just below the $4,325 resistance cluster after a sharp recovery from the $4,180–$4,200 demand zone last week. Price has reclaimed all key moving averages on the 15-minute chart, with the structure favoring continuation toward $4,340 and $4,383 provided the $4,247 support base holds. The week’s dominant event — Wednesday’s FOMC decision — anchors directional risk, but today’s session is shaped by ECB President Lagarde’s remarks and the opening of G7 meetings.
- Gold Price Forecast: XAU/USD looks to the Fed for the next big move
- GBP/USD Price Forecast: Trades vulnerably near 1.3300 ahead of Fed-BoE policy
- Gold: Supported by lower oil prices and yields – ING
- XAU/USD Price forecast: Gold struggles to extend gains beyond $4,100
- EUR/JPY Price Forecast: Holds gains around 186.50 within rising wedge
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