GOLD

Gold is trading above the 5100$ support area, and if prices remain stable above this zone, further upside is likely with a retest of the 5400$ resistance area, while this scenario becomes invalid if the aforementioned support area is broken to the downside during today’s trading.
|
Support |
5100 | 4800 |
| Resistance | 5400 |
5575 |
Gold extended its gains during today’s session, supported by a relative decline in U.S. Treasury yields and continued safe-haven demand amid uncertainty surrounding the interest rate path and trade policy. The upward move followed a rebound from a strong technical support zone, restoring bullish momentum and pushing prices to test nearby highs. Stability above the latest support levels strengthens the probability of further upside toward higher resistance areas, while the positive outlook remains intact unless a clear break below key support levels occurs, which could open the door for a temporary corrective pullback before the broader trend resumes.
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