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You can see gold initially did pull back a bit during the trading session on Monday but continued to find buyers on dip.
At the end of last week's trading sessions, gold futures managed to capture some gains as financial markets shrugged off the latest inflation data.
Gold initially fell during the trading session on Thursday, but then turned around to show signs of life.
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Gold prices pared losses after weaker-than-expected US business activity data helped bolster the case for Fed rate cuts this year.
XAUUSD gold price fell below the $2320 level per ounce on Wednesday, under the influence of declining demand for safe-haven assets.
Gold prices settled around $2300 per ounce (XAUUSD) on Tuesday's trading, hovering near their lowest levels in about three weeks as fears of a wider Middle East
Gold has fallen rather significantly during the course of the trading session on Monday, as it looks like we are going to perhaps take a bit of a breather in the uptrend.
The strong breakout in gold prices in recent months has been noticeable. But the reason is not its rapid vertical rise to impressive record highs.
Gold rallied a bit during the trading session on Friday, which is not a huge surprise considering that it's been in an uptrend.
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Gold has done a little bit of sideways dancing during the early hours on Thursday just as we have seen it do all week.
In the middle of trading this week, gold futures retreated as investors digested the latest remarks from Federal Reserve Chairman Jerome Powell.
Since the start of trading this week, gold prices have retreated from their record high set on Friday, when they climbed towards the $2,431 an ounce resistance level.
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At the start of trading this week, gold traded below the new high it hit last week, even after Iran's unprecedented attack on Israel over the weekend.
Gold has been a bit all over the place during the early hours on Monday, and perhaps a little bit of relief is starting to creep into the market that the Middle Eastern War hasn’t expanded.
The upward breakout trend in gold prices continues with only a slight and temporary pause.