Gold Price Forecast: XAU/USD at a make-or-break level, awaits clarity on US-Iran peace talks

Gold is extending its range play below $4,800 early Friday, having failed to sustain above that level for the third consecutive day. Traders stay cautious, awaiting clarity on the next step in the US-Iran peace talks as the bullion heads for the fourth straight weekly gain. Gold sellers retain control for the third straight day on Friday after failing… Gold is extending its range play below $4,800 early Friday, having failed to sustain above that level for the third consecutive day. Traders stay cautious, awaiting clarity on the next step in the US-Iran peace talks as the bullion heads for the fourth straight weekly gain. Gold sellers retain control for the third straight day on Friday after failing consistently above $4,800.The US Dollar holds recovery from six-week lows amid uncertainty over the US-Iran peace talks and Oil price rebound.Gold teases falling wedge breakout amid bearish crossovers and neutral RSI; eyes on weekly close.Gold is extending its range play below $4,800 early Friday, having failed to sustain above that level for the third consecutive day. Traders stay… 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.