Gold Price Forecast: $4,300–$4,500 Range Holds as Rates Weigh - FXEmpire
Gold
AI desk brief
Gold is described as range-bound and slightly negative in early Monday trade, with the market stuck between support near $4,300 and resistance around $4,500 and little directional momentum. The piece argues elevated U.S. rates are limiting appeal for non-yielding metals, while Middle East tensions and any energy shock could still provide intermittent safe-haven support.
Sources used
- S1 FXEmpire via Google News — Gold Price Forecast: $4,300–$4,500 Range Holds as Rates Weigh - FXEmpire