Gold Price Forecast: XAU/USD remains poised to regain $4,300 and beyond
Gold is consolidating just below the seven-week highs of $4,286 early Friday, eyeing a roughly 2% weekly gain.

Gold is consolidating just below the seven-week highs of $4,286 early Friday, eyeing a roughly 2% weekly gain.
Spot Gold extended its advance on Thursday, trading just below the December peak at $4,264.62. The XAU/USD advances for a third consecutive day on the back of a weaker US Dollar (USD), the latter weighed by the Federal Reserve (Fed) December monetary policy decision.
Gold (XAU/USD) holds firm near $4247 as markets digest the Fed’s rate cut and cautious tone. With RSI near overbought and MACD bullish, the trend remains upward.
The EUR/USD pair is showing early signs of a bullish breakout after rebounding from support post-Fed rate cut.
Dogecoin (DOGE) is under pressure today after losing the key $0.14 support zone that has held for several weeks.