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Gold Price Pulls Back Off Session Highs to Trade at About $4,328
On Friday, the gold price pulled back from the session highs of about $4,408 to trade at about $4,328 after the latest U.S. data. The XAU/USD trades within a sideways channel formation in the 60-minute chart. The price of the yellow metal has now fallen to trade a few levels below the 100-hour moving average line. Friday’s pullback prevented it from ascending into the overbought levels of the 14-hour RSI. From a fundamental perspective, the XAU/USD trades during a relatively busy period in the U.S. market. On Tuesday, the Chicago Purchasing Managers’ Index for December improved to 43.5, up from 36.3, beating the ... (full story)
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Jan 3, 2026 3:08am
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