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fxJun 9, 2026, 3:25 AM

Gold Rebounds from Three-Month Lows but Caution Remains

Gold (XAU/USD) has bounced from three-month lows of $4,269 but remains under pressure, trading above $4,300 in Asian session.

XAUUSD

Gold (XAU/USD) attempts to extend its recovery after hitting three-month lows at $4,269. The precious metal is holding above the $4,300 level during Asian trading hours on Monday.

Despite the rebound, analysts warn that the outlook is not yet bullish. The price action suggests the yellow metal is not out of the woods, with further downside risks still present. Traders are watching for sustained buying above $4,300 to confirm a stronger recovery.

The bounce comes after a sharp sell-off that dragged gold to its lowest since early February. No new fundamental catalysts have emerged, leaving technical levels in focus.

Source: FXStreet Forex News