XAUUSD is losing ground amid uncertainty in the Middle East
XAUUSD prices are moving into a corrective decline amid technical signals and increasing geopolitical tensions. Quotes currently stand at 4,589 USD. Discover more in our analysis for 2 April 2026
Technical outlook
XAUUSD quotes have consolidated below the EMA-65, indicating growing selling pressure. A breakout below the lower boundary of the Wedge pattern further confirms weakness, signalling the completion of the corrective growth.
The XAUUSD forecast for today suggests a decline with a target at 4,275 USD.
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
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The RoboForex Team