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macroAug 17, 2026, 2:57 AM

Gold holds $4,300 rebound but struggles at $4,400 with bullish bias intact

Gold is consolidating after recovering from near $4,300 early Monday, while buyers keep the upper hand around the key $4,400 level.

XAUUSD

XAU/USD remains bid after bouncing from near $4,300 at the start of the week, though the $4,400 area is acting as near-term resistance. Buyers are still in control as the new week begins.

Traders are watching developments in the Middle East and the minutes of the Federal Reserve's July policy meeting for the next catalyst. The bullish bias remains intact for now.

Source: FXStreet Forex News