Gold Price Forecast: XAU/USD looks south amid US-Iran uncertainty and Death Cross in play
Gold kicks off a new week on a bearish note on Monday, after booking a fourth straight weekly loss and snapping a two-day recovery from seven-month lows.

Gold kicks off a new week on a bearish note on Monday, after booking a fourth straight weekly loss and snapping a two-day recovery from seven-month lows.
Another promising week for the US Dollar (USD). Indeed, the Greenback climbed to levels last seen in early May 2025 near the 102.00 barrier, as measured by the US Dollar Index (DXY).
The EUR/USD pair fell sharply for a second consecutive week, trading as low as 1.1324 before recovering towards the current 1.1410 price zone.
Nearly four months after the start of the Iran war, the US economy remains remarkably resilient.
Gold (XAU/USD) edged higher to start the week before turning south and plunging to its lowest level since November, below $4,000. Although the precious metal managed to find a foothold, it struggled to stage a decisive rebound and ended the week deep in negative territory.
Gold is back in the red near $4,000 early Friday, snapping a brief rebound seen on Wednesday, and eyes a fourth straight weekly loss.