Manan Trader's earlier chart had drawn downside levels towards $4,350 and $4,300, which Zaffar Khan confirmed as a successful call on PPI news. The selling pressure on gold was heavy on the day since the release of the latest PPI, with two of the X analysts pointing to the rapid sell-off in the XAU/USD cross.…
Buyers bought off the support, but the rebound failed under the falling trend line. This leaves gold stuck between near-term demand and the broader bear structure. Gold traded in a narrow range after hitting the $4,020 level during the US session. One analyst cited resurgent geopolitical tensions with Iran for the move. A number of…
The gold prices kept at the market at the mark above $5,000 because the market players evaluated short-term resistances and support areas around. The metal traded around $5,060 in the last session with slight losses on a day-to-day basis but still retains its overall upward pattern. Analysts are still dwelling on identified price levels that…
Gold price action is stabilizing around the $5,200 area, with gold trading near its earlier level after a strong rally toward a record high. The momentum has been a little cool, but the overall structure is still strongly bullish, with buyers holding back in higher areas. Most recent estimates by Investing.com indicate that the trading…
Cole Chapman is the Co-Founder of Global Gold. Cole is leading the tokenization of gold, creating a global liquidity layer that enables fractional ownership, on-chain liquidity, and collateralized lending. Cole Chapman is the Co-Founder of Global Gold. Cole is leading the tokenization of gold, creating a global liquidity layer that enables fractional ownership, on-chain liquidity,…
Gold (XAU) tumbled nearly 6% in a dramatic single-day sell-off, breaking key technical structures and fueling investor concern as bears target lower levels between $4,525 and $4,320. The sharp decline comes after gold recently peaked above $5,000, marking one of the steepest reversals in recent months. Analysts attribute the sell-off to rising U.S. dollar strength,…
Gold has entered a tighter correction as traders are now monitoring whether the metal can hold the $4,500 region. The most recent data indicate that there is a rapid shift in tone in the annual, daily, and technical perspectives. However, the new drop has shifted attention from breakout targets to support zones and downside risk.…
XAUUSD is quickly contradicting its recent intraday loss, climbing back towards the $4,370 mark. Gold has rebounded from approximately $4,340 and is now in the vicinity of $4,366.33 in the newest chart from TradingView. In the latter part of the chart, price has been ramping higher, with a final stretch touching intraday resistance peaks around…
After plunging from the 5,370 region to a low near 4,996 in a single session—roughly a 7% decline—XAU/USD has attempted a rebound. However, analysts say the recovery toward 5,286 may face structural resistance unless broader macro conditions shift. Sharp Drop Challenges Safe-Haven Narrative Traditionally viewed as a gold safe-haven asset, bullion tends to rise when…
Both gold and silver entered into critical technical zones as they tried to consolidate after some selling pressure. Gold was able to break back above the $4,100 level, indicating an early move towards restoring short-term support. In the meantime, silver has settled for $58.20, with liquidation data indicating that competing pools of leveraged positions are…