Medium Impact XAUUSD XAU Gold

Gold Price Forecast: XAU/USD steadies above $4,500 awaiting news from Iran

Published May 18, 2026 7:26 AM Last refreshed Jul 29, 2026 11:03 AM Source: EODHD Event Time: May 18, 2026 7:26 AM
News data attribution

This market news item includes source data powered by EODHD.

Gold Price Forecast: XAU/USD steadies above $4,500 awaiting news from Iran

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-steadies-above-4-500-awaiting-news-from-iran-202605181126
Published: May 18, 2026 7:26 AM

Gold (XAU/USD) is trading flat above $4,500 on Monday, stabilising after a four-day sell-off from $4,770. Investors await developments in the Middle East conflict as a spokesperson for the Iranian Foreign Ministry affirmed earlier on the day that the US-Iran talks are ongoing.

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.