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Gold Rebounds to $4,500 Amid Geopolitical Tensions but Technicals Suggest Caution

Gold Rebounds to $4,500 Amid Geopolitical Tensions but Technicals Suggest Caution

Author:

Global Cryptocurrency

Published:

2026-03-26 01:26:02

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Gold prices clawed back above $4,500 as easing Middle East tensions spurred risk appetite, yet the rally faces stiff resistance from bearish moving averages. The spot metal gained 1.7% to $4,550-$4,600 after last week's selloff, with traders noting opportunistic buying near oversold levels.

Technical barriers loom at $4,600-$4,620, while critical support holds at $4,480-$4,500. A break below $4,430-$4,450 would invalidate the recovery narrative. Market participants remain split—some see this as a dead-cat bounce, while others point to accumulating physical demand.

By:

Peter Schiff Warns of Impending Financial Crisis Amid Rising Inflation

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