Gold Price Forecast: XAU/USD holds above $4.600 with all eyes on Fed Warsh’s speech

Gold Price Forecast: XAU/USD holds above $4.600 with all eyes on Fed Warsh’s speech

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-holds-above-4600-with-all-eyes-on-fed-warshs-speech-202608281142
Published: Aug 28, 2026 7:42 AM

Gold (XAU/USD) trades practically flat for the second consecutive day on Friday, with the rejection from three-month highs near $4,700 hit earlier in the week contained at a previous resistance area, just below $4,600.

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.