Gold Price Forecast: XAU/USD wavers around $4,100 with the...

Gold Price Forecast: XAU/USD wavers around $4,100 with the bearish trend intact

Published Jul 10, 2026 6:50 AM Last refreshed Jul 29, 2026 11:02 AM Source: EODHD Event Time: Jul 10, 2026 6:50 AM

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Gold Price Forecast: XAU/USD wavers around $4,100 with the bearish trend intact

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-wavers-around-4-100-with-the-bearish-trend-intact-202607101050
Published: Jul 10, 2026 6:50 AM

Gold (XAU/USD) nurses minor losses with price action contained within Thursday’s trading range, around the $4,100 level, set for 1.6% weekly depreciation. Precious metals struggled this week as the resumption of hostilities in Iran boosted Oil prices, pressuring central banks to hike interest rates.

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.