Description
Gold (XAU/USD) has fallen below $4,000, raising fears of a deeper selloff as persistent U.S. inflation and elevated real Treasury yields pressure bullion. Could a break below $3,950 trigger another wave of selling?
This gold price forecast examines the bearish technical outlook, September PCE inflation at 3.6%, and the Federal Reserve's decision to hold interest rates steady. Despite easing real yields, gold remains vulnerable while $3,950 support is under threat.
For the full article:
https://www.fxempire.com/forecasts/article/gold-price-forecast-gold-drops-below-4000-1641555/
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