Gold Price Forecast: XAU/USD testing three-month highs near $4,600 as the US Dollar dives

Published Aug 21, 2026 6:14 AM Last refreshed Aug 21, 2026 8:02 AM Source: EODHD Event Time: Aug 21, 2026 6:14 AM

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Gold Price Forecast: XAU/USD testing three-month highs near $4,600 as the US Dollar dives

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-testing-three-month-highs-near-4-600-as-the-us-dollar-dives-202608211014
Published: Aug 21, 2026 6:14 AM

Gold (XAU/USD) extends gains on Friday, with bulls aiming for a retest of the $4,600 resistance area, the top of the last six months' trading range.

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.

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