Gold forecast: Will XAU/USD recover its strength following the recent decline?

Gold Price Movement: Rally Pauses Below $4,500

After failing to surpass the $4,500 threshold, gold’s recent performance has sparked debate among investors: is this a temporary pause, or has the upward momentum faded? Recent reports indicate that gold prices have retreated to the $4,430–$4,450 range following a robust climb from November’s lows. This pullback comes as traders secure profits and the US dollar experiences a mild rebound. Current indicators suggest the market is stabilizing rather than reversing course.

Economic data reveals a decrease in US job openings to 7.15 million, with private sector hiring slowing to 41,000 new positions. Despite these developments, market expectations continue to reflect approximately 60 basis points of...