Gold Price Technical Outlook Warns of Looming Death Cross Formation

Gold Price Technical Outlook Warns of Looming Death Cross Formation https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2021/08/03/Gold-Price-Technical-Outlook-Warns-of-Looming-Death-Cross-Formation.html The price of gold may face a further decline ahead of the US Non-Farm Payrolls (NFP) report as a ‘death cross’ formation looks poised to take shape over the coming days.

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Gold prices fell in India on Tuesday, according to data compiled by FXStreet.

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Gold drifts lower on profit-taking, traders await US NFP release 16 December 2025

Gold price (XAU/USD) loses momentum below $4,300 during the early Asian trading hours on Tuesday, pressured by some profit-taking and weak long liquidation from the shorter-term futures traders. Furthermore, optimism around Ukraine peace talks could weigh on the safe-haven asset like Gold.

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The GBP/USD pair extends its sideways consolidative price move through the Asian session on Tuesday and currently trades around the 1.3370-1.3365 region, nearly unchanged for the day.

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Gold Price Technical Outlook Warns of Looming Death Cross Formation

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