The price actions of Gold (XAU/USD) have triggered a pivotal movement yesterday, staging a bearish breakdown below with a daily close below its 50-day moving average that is acting as a key medium-term support at $4,960 (-3.7% on Wednesday, 18 March 2026 with a daily close of $4,818).
Gold (XAU/USD) has entered a medium-term downtrend after breaking below the critical $4,960 support, as a hawkish Federal Reserve and rising 10-year US Treasury real yield weigh on sentiment. With rate cut expectations fading, downside risks persist unless gold reclaims key resistance levels.
Gold catches a safe-haven bid amid Middle East tensions, but a hawkish Fed and hot PPI data cap gains. Will XAU/USD hold $4,823 or slide to $4,756?
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold rebounds from one-month low as geopolitical tensions and softer USD offer support
Gold falls below $4,850 as Fed holds rates steady
Gold breaks below the 50-day average, testing key support levels as bearish momentum continues, with potential for lower levels before buyers regain control of the near-term trend.