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fxJun 12, 2026, 3:15 PM

Gold Rebounds from $4,200 But Bears Not Done Yet

Gold staged a strong rebound after touching its lowest since November near $4,200, but the weekly forecast suggests the metal is not out of the woods yet.

XAUUSD

Gold (XAU/USD) faced heavy bearish pressure early in the week, falling to its lowest level since November near $4,200.

However, it staged a decisive rebound from that level. According to the weekly forecast, despite the strong bounce, gold is not out of the woods yet, indicating potential further downside risks.

Source: FXStreet Forex News