Gold sees dip buyers step in around $4,100 again today

  • The precious metal pares losses to near flat levels at $4,129 currently
gold

The drop earlier at the tail end of Asia trading saw price briefly nudge under $4,100. However, that downside shove was a brief one with dip buyers coming in again around the figure level as they did yesterday. That's starting to see a bit of a line in the sand for gold in trading this week. In the bigger picture though, there's much more to consider: Gold getting ahead of the curve?

XAUUSD H1 12-11
Gold (XAU/USD) hourly chart

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