## Why XAU/USD Retreats from Seven-Week Peak as Policy Signals Cloud Gold's Path Forward
**Meaning and Context: Understanding XAU in Today's Market**
XAU, the chemical symbol representing gold, forms the basis of the ticker XAU/USD—a key barometer for bullion's value measured in US dollars. As gold prices pulled back from a commanding $4,353 seven-week summit, traders worldwide locked in substantial profits following an impressive weekly surge. At press time, the precious metal settled around $4,302, though underlying support remains intact amid persistent uncertainties.
**Profit-Taking Pressu
**Meaning and Context: Understanding XAU in Today's Market**
XAU, the chemical symbol representing gold, forms the basis of the ticker XAU/USD—a key barometer for bullion's value measured in US dollars. As gold prices pulled back from a commanding $4,353 seven-week summit, traders worldwide locked in substantial profits following an impressive weekly surge. At press time, the precious metal settled around $4,302, though underlying support remains intact amid persistent uncertainties.
**Profit-Taking Pressu