Gold Price Locked Under $4,200 Resistance: Why the Islamabad Peace Deal Is Trapping XAU Bulls
Gold (XAU/USD) is locked in a tight, high-stakes consolidation pattern, trading near $4,141 on the daily chart on June 23, 2026. For everyday traders, the message on the financial floor is clear: the bears are firmly in control. After failing to sustain its recent relief rally, the precious metal slipped right back into a corrective groove.