If you trade XAU/USD, gold CFDs, gold futures, or gold ETFs, here's a deeper dive into what moved gold this week and what to watch going into next week. Gold had a decent setup for a rally this week. A new Fed Chair gave markets a reason to wonder whether policy might turn softer. An active war kept geopolitical risk alive. And uncertainty was not exactly in short supply. Normally, that combination gives bullion something to work with. Instead, gold fell for the third straight week.