Gold hit a low of $4,004 in Asia trading before finding dip buyers and that saw price rebound strongly to an intraday high of $4,161 just a couple of hours earlier. But as we progress through the early stages of European morning trade, we're seeing price fall back to $4,068 now with the precious metal down just over 1% on the day. The volatility bouts are continuing to kick in here as the tug of war between buyers and sellers are intensifying. As mentioned earlier, the coast isn't clear just yet.
Gold (XAU/USD) hourly chart
