Gold Slumps as Key Sources of Support Fade. Forecast as of 11.06.2026

An unfavorable macroeconomic backdrop, fading support from central banks and ETFs, and the bubble burst have sent gold into a tailspin. Attention is now turning to potential catalysts, including the Federal Reserve's policy decisions and the anticipated SpaceX IPO. Let's examine these factors and develop a trading plan for the XAU/USD.Major Takeaways Gold has plummeted to its lowest level since the fall. The dollar and Treasury yields are weighing on the XAU/USD. Central banks and ETFs are not h