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XAU/USD. Analysis and Forecast
Gold continues to strengthen for the
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Gold continues to strengthen for the sixth consecutive day, setting new all-time highs on Monday and holding onto gains at the start of the European session. XAU/USD quotes have approached the $5,111 per ounce level—a key threshold above which bulls need confirmation before opening new positions.The metal is receiving support amid persistent geopolitical and trade risks that are boosting demand for safe-haven assets. A weaker dollar, expectations of further easing by the Federal Reserve, and steady purchases by central banks—from
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Irina Yanina,
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