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 falls as rising US Treasury yields strengthen the US Dollar
- Gold Price Forecast: XAU/USD bulls take a breather before the next push higher
- Gold (XAU/USD) price forecast: Gold faces rejection at 0.618 arc; Potential decline toward $4,415.
- Gold maintains recovery as weaker US data supports gains.
- Euro holds gains above 1.1550 following Eurozone GDP and bright Trade Balance data
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