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Gold Forecast: XAU/USD rebounds, but is it out of the woods yet?

fxstreet.com Tier 2 2026-05-21 02:27 UTC 📖 1 min read Neutral
gold

Gold rebounded from seven-week lows around $4,454 early Thursday and is trading at $4,547.63, with buyers eyeing a retest of the $4,600 threshold; price remains capped by key moving averages (below 21-day SMA ~$4,623.97) Perigon signal context: impact mixed, driver market specific.

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