Gold Price Forecast: XAU/USD nears the tip of a triangle f...

Gold Price Forecast: XAU/USD nears the tip of a triangle formation at the $4,000 area

Published Jul 20, 2026 7:05 AM Last refreshed Jul 29, 2026 11:02 AM Source: EODHD Event Time: Jul 20, 2026 7:05 AM

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Gold Price Forecast: XAU/USD nears the tip of a triangle formation at the $4,000 area

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-nears-the-tip-of-a-triangle-formation-at-the-4-000-area-202607201105
Published: Jul 20, 2026 7:05 AM

Gold (XAU/USD) shows marginal gains on Monday, as the US Dollar recovery stalled and Oil prices pulled back from highs. The precious metal remains capped below a descending trendline resistance, but downside attempts remain supported above the $3,965 area, thus forming a descending triangle pattern

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.