Gold Price Forecast: XAU/USD heads for the $4,000 level as...

Gold Price Forecast: XAU/USD heads for the $4,000 level as US Dollar marches higher

Published Jun 24, 2026 7:05 AM Last refreshed Jul 29, 2026 11:03 AM Source: EODHD Event Time: Jun 24, 2026 7:05 AM

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Gold Price Forecast: XAU/USD heads for the $4,000 level as US Dollar marches higher

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-heads-for-the-4-000-level-as-us-dollar-marches-higher-202606241105
Published: Jun 24, 2026 7:05 AM

Gold (XAU/USD) extends losses for the second consecutive day on Wednesday as the US Dollar Index (DXY) surges to 13-month highs near 102.00. The precious metal has breached the 4,100 line and is heading to retest Year-to-date lows, at $4,023, and probably also the $4,000 psychological level.

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.