Gold Price Forecast: XAU/USD dives to $4,500 amid simmerin...

Gold Price Forecast: XAU/USD dives to $4,500 amid simmering tensions in Iran

Published Jun 01, 2026 6:48 AM Last refreshed Jul 29, 2026 11:03 AM Source: EODHD Event Time: Jun 01, 2026 6:48 AM

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Gold Price Forecast: XAU/USD dives to $4,500 amid simmering tensions in Iran

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-dives-to-4-500-amid-simmering-tensions-in-iran-202606011048
Published: Jun 01, 2026 6:48 AM

Gold (XAU/USD) trades lower on Monday, reverting Friday’s gains and returning to the $4,500 atrea following rejection at the $4,590 resistance area.

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.