Trading Insights

Gold (XAU/USD)

Gold Slides Below Support Despite Ongoing ETF Demand
Trading

Gold has drifted lower, breaking beneath key support levels, even as ETF inflows continue—albeit at a slower pace. A strengthening US dollar and rising real yields appear to be capping upside potential for now.
Key Levels: Support at $3,323 | Resistance at $3,431
Investor Takeaway: Caution is warranted in the short term, as gold faces macro headwinds despite longer-term inflation and geopolitical hedging demand.