Gold Price Forecast: XAU/USD bounces up toward $3,340-$3,350 as the US Dollar softens

  • Gold (XAU/USD) is showing moderate gains on Monday, trimming losses following a nearly 2% sell-off during the last two trading days. The pair is on a bearish correction, but a weaker US Dollar ahead of the US-China trade meeting has provided the support for today's Gold recovery.