India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold pauses recovery as firm US inflation reaffirms Fed hike bets amid Iran uncertainty
The short‑term Elliott Wave view in Gold (XAUUSD) shows that the yellow metal has completed a three‑swing correction from the April 17, 2026 high. The pullback unfolded as a zigzag, with wave A ending at $4499.92 and wave B at $4773.58.
Gold is attempting to form a near-term base, with technical signals on the daily chart turning increasingly constructive. However, options traders remain cautious, with demand for downside protection rising and implied volatility beginning to lift from recent lows.
Gold rebounds to near $4,500 after US and Iran reach outline ceasefire deal
Gold shows potential bottoming behavior after testing the 200-day moving average, with bullish reversal signals emerging as price approaches key resistance at 50-day and 20-day levels.
Gold prices rebounded sharply after weak GDP data and support at the 200-day moving average revived bullish XAUUSD sentiment.
Gold prices are rebounding sharply off the monthly lows after defending a critical technical support zone, raising the question of whether a more significant low may finally be in place. The recovery has improved near-term momentum following weeks of sustained selling pressure, but XAU/USD now faces its first major resistance test within the broader downtrend structure.
Gold and silver moved higher as traders reduced their bets on hawkish Fed.
Gold drops to fresh two-month low as markets focus on inflation risks, US PCE data
Gold prices remain trapped in an increasingly uncomfortable middle ground as investors attempt to balance mounting geopolitical tensions against a steadily firmer US rates backdrop, all thanks to elevated oil prices. Pressure is increasing and the metal is on the verge of a break below the 200-day moving average, which hasn't happened since September 2023.