Gold Price Forecast: XAU/USD drifts toward $4.300 with bears gaining traction

Published Sep 23, 2026 5:54 AM Last updated Sep 23, 2026 7:02 AM Source: EODHD Event Time: Sep 23, 2026 5:54 AM

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This market news item includes source data powered by EODHD.

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Gold Price Forecast: XAU/USD drifts toward $4.300 with bears gaining traction

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-drifts-toward-4300-with-bears-gaining-traction-202609230954
Published: Sep 23, 2026 5:54 AM

Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.

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.

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