Gold Price Forecast: XAU/USD loses steam, battles around $4,200
Gold price peaked on Thursday at $4,245 a troy ounce, a fresh three-week high, but it trimmed part of its intraday gains and currently hovers around $4,200.

Gold price peaked on Thursday at $4,245 a troy ounce, a fresh three-week high, but it trimmed part of its intraday gains and currently hovers around $4,200.
The Australian Dollar (AUD) faces some extra upside impulse on Thursday, motivating AUD/USD to briefly revisit the 0.6580 region, or multi-day highs, leaving behind its provisional 100-day and 55-day SMAs.
Gold just had an explosive 5% surge as the US government shutdown ending eliminates uncertainty. In the video, we expose why the Fed’s “fly blind” positioning amid data disruption could supercharge Gold’s record momentum.
Gold prices surged past $4200 as safe-haven demand and Fed uncertainty drive bullish momentum, though indicators suggest a potential overbought condition is near.
EUR/USD continues to trade within a bearish trend below key resistance levels, with technical indicators suggesting a potential drop toward 1.1400 amid ongoing uncertainty.
Monero has climbed steadily over the past 24 hours, gaining about 2.33% to trade near $396.05 and inching toward the psychological $400 threshold.