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Arnne Carragie

Gold Price Prediction: Can XAU/USD Defend $4,100 Support as Macro Uncertainty Explodes?

What is driving the gold market in June 2026? The gold market is currently experiencing localized corrective pressure, trapped within a descending channel as aggressive central bank buying offsets a hawkish Federal Reserve. While a fragile U.S.-Iran ceasefire and sticky inflation support a higher-for-longer dollar regime, ongoing Middle East tensions and structural reserve diversification are keeping an active safe-haven floor beneath the metal.
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