Gold Price Forecast: XAU/USD accelerates reversal, bears a...

Gold Price Forecast: XAU/USD accelerates reversal, bears aim for $4,500 area

Published May 04, 2026 7:04 AM Last refreshed Jul 29, 2026 11:03 AM Source: EODHD Event Time: May 04, 2026 7:04 AM

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Gold Price Forecast: XAU/USD accelerates reversal, bears aim for $4,500 area

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-accelerates-reversal-bears-aim-for-4-500-area-202605041104
Published: May 04, 2026 7:04 AM

Gold (XAU/USD) accelerates its downtrend in Monday’s European session, trading right below $4,550 at the moment of writing, with bears aiming for last Thursday’s lows, right above $4,500.

Market context: This update is relevant to gold traders, with XAUUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.