Gold has fallen, Gold Price Forecast: XAU/USD The price of gold has stayed between 4100 and 4150. Yesterday, gold gave some hope of recovery, reaching the level of 4149, but the bears are back . Currently, gold is trading at the level of 4107 (time: 16:40) Year on year, gold has given a better return, but the bears are striking back. Gold is consolidating after its recent week gains due to the Middle East tension resuming, which shows signs of cooling Gold gained 1.12% in the previous week's session, and it is currently trading around 4106, down by nearly 0.4%. the next major event is the US economic trigger, which will be at june 14. major support level- 4080 resistance level- 4150 XAU/USD trades at $4,107, holding just below the trendline resistance from early-week lows, although the higher low seen earlier this week suggests that bears might be losing momentum. Indicators in the dail...