Gold is forming a higher swing high, supported by key moving averages and technical confluence, suggesting upside potential toward Fibonacci and ABCD pattern targets, eventually.

Gold is staging a comeback toward $5,000 early Friday, reversing a part of Thursday’s 3.5% sell-off. The focus now remains on the all-important US Consumer Price Index (CPI) release for the next big move in Gold.

Gold (XAU/USD) is trading practically flat at the top of the weekly range on Thursday, with bulls capped right below February’s peak in the $5,100 area. Precious metals remain in a consolidating mood for the third consecutive day,

Gold failed to sustain its breakout above $5,092 and is now testing short-term support near the 20-day average, signaling potential consolidation within the broader uptrend.

Gold is back in the red near $5,050 early Thursday, having faced strong offers at around the $5,100 mark once again. Buyers keep a close eye on the mid-tier US Jobless Claims data and US-Iran geopolitical developments to regain control.

Investors and analysts believe the price of gold is poised to continue rising, as the factors that have propelled the precious metal to recored highs this year are likely to remain in play.

Gold prices surged during January 2026 with a series of record highs and a peak touching $5,600 per ounce on January 29th. There was, however, a savage correction the following day with a slump at one point to near $4,

In last week’s webinar the Dollar had pushed lower after President Trump was asked what he though about the US Dollar weakness, to which he responded, ‘it’s great.’ USD flushed lower and EUR/USD jumped above the 1.

Traders are braced for this week’s inflation reading to be higher than previously expected—triggering warnings of "unprecedented

Doha: Gold prices in the Qatari market rose by 1.97 percent during the current week, reaching USD 5,060.27200 per ounce on Thursday, according to