Temporary rebound in gold

By Ahmed Ashraf On Mar 31, 2026

GOLD

Gold is trading around the $4600 resistance level, with a break above targeting $4850, but this resistance is likely to limit upward momentum in today’s trading.

Support	4350	4150
Resistance	4600	4850

Gold prices experienced volatile movements in the financial markets, recording a slight increase supported by rising demand as a safe haven asset amid geopolitical tensions. However, this upward movement remained limited and under continuous pressure from the strength of the U.S. dollar and elevated interest rate expectations. Despite today’s gains, gold is still on track to post one of its worst monthly losses in years, reflecting the prevailing market instability and its sensitivity to shifts in global monetary policy and currency movements.

Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

Oil rises above $115 per barrel amid supply pressures

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