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fxJun 26, 2026, 2:51 PM

Gold Sell-off Intensifies, $4,000 Handle at Risk

Gold (XAU/USD) initially edged higher before reversing sharply to its lowest level since November, falling below $4,000. The metal found some support but failed to stage a meaningful rebound, closing the week deep in negative territory.

XAUUSD

Gold (XAU/USD) opened the week with a slight gain but quickly reversed direction, plunging to its lowest level since November and breaching the $4,000 support level.

Although the precious metal managed to find a foothold near the lows, it was unable to mount a decisive recovery. The week ended with XAU/USD deeply in the red, suggesting further downside pressure.

The sell-off has intensified, with traders now eyeing the $4,000 handle as a critical level to watch in the coming sessions.

Source: FXStreet Forex News