Gold Price Forecast: XAU/USD remains sideways around $4,05...

Gold Price Forecast: XAU/USD remains sideways around $4,050 during US NFP week

Published Aug 04, 2026 6:45 AM Last refreshed Aug 04, 2026 8:01 AM Source: EODHD Event Time: Aug 04, 2026 6:45 AM

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Gold Price Forecast: XAU/USD remains sideways around $4,050 during US NFP week

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-remains-sideways-around-4-050-during-us-nfp-week-202608041045
Published: Aug 04, 2026 6:45 AM

Gold price (XAU/USD) remains in a tight range at around $4,050 during the European trading session on Tuesday. The precious metal struggles to get direction, with investors awaiting the United States (US) Nonfarm Payrolls (NFP) data for July, which will be released later this week.

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.