Gold Price Forecast: XAU/USD Reclaims $4,000 as Oil Cools Ahead of Fed Decision
Spot gold (XAU/USD) is trading near $4,007 in Monday’s Asian session, October 26, up about 0.3% after dipping to $3,978 earlier. Oil eased from last week’s highs, giving gold some relief after a 4% weekly loss, its worst week since June. The level that matters is the $3,961 to $3,893 demand zone, an area where…