Gold Price Forecast: XAU/USD struggles to extend recovery...

Gold Price Forecast: XAU/USD struggles to extend recovery above 20-day EMA

Published Jul 06, 2026 6:02 AM Last refreshed Jul 29, 2026 11:02 AM Source: EODHD Event Time: Jul 06, 2026 6:02 AM

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Gold Price Forecast: XAU/USD struggles to extend recovery above 20-day EMA

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-struggles-to-extend-recovery-above-20-day-ema-202607061002
Published: Jul 06, 2026 6:02 AM

Gold price (XAU/USD) is down 0.8% to near $4,140 during the European trading session on Monday. The precious metal faces selling pressure as the three-day rally hits a pause after failing to extend above $4,202.

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.