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Gold Forecast: XAU/USD looks south amid US-Iran uncertainty and Death Cross in play

fxstreet.com Tier 2 2026-06-29 03:28 UTC 📖 1 min read Neutral
gold

Death Cross confirmation after the 50-day SMA closed below the 200-day SMA (weekly basis), with XAU/USD at $4,068.30 and below the 21-day, 50-day, and 200-day SMAs ($4,240.86, $4,453.85, $4,479.26) Perigon signal context: impact negative, driver market specific.

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