Gold Price Forecast: XAU/USD around $4,660, bears sharpening their claws

Spot Gold consolidates at around $4,660 on Monday, little changed on a daily basis, yet lower compared to Friday’s close. Financial markets are all about sentiment at the beginning of the week, with the mood swinging at the rhythm of Iran war headlines. XAU/USD Current price: $4,650Middle East crisis maintains financial markets in risk-averse mode.The March US ISM… Spot Gold consolidates at around $4,660 on Monday, little changed on a daily basis, yet lower compared to Friday’s close. Financial markets are all about sentiment at the beginning of the week, with the mood swinging at the rhythm of Iran war headlines. XAU/USD Current price: $4,650Middle East crisis maintains financial markets in risk-averse mode.The March US ISM Services PMI painted a gloomy picture when reading between lines. XAU/USD under sellers' control despite holding within familiar levels. Spot Gold consolidates at around $4,660 on Monday, little changed on a daily basis, yet lower compared to Friday’s close. Financial markets are all about sentiment at the beginning of the week, with the mood swinging… For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.