Gold bounces off $4,150 amid modest USD pullback but stays in two-week-old range

Gold bounces off $4,150 amid modest USD pullback but stays in two-week-old range

Gold (XAU/USD) attracts some dip-buyers near $4,150 during the Asian session on Tuesday, stalling the previous day’s retracement slide from the top boundary of a two-week-old trading range. The US Dollar (USD) retreats from its highest level since April 2025 as bulls opt to take some profits off the table, which turns out to be a key factor offering support to the commodity.

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Reported by fxstreet.com.

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