Gold’s parabolic rally has stalled as consolidation sets in following outsized inflows into gold ETFs earlier this month. The “currency debasement” narrative is losing near-term traction as investors refocus on real yields and liquidity conditions, though longer-term demand remains robust.
Key Levels: Support at $4,008.2 | Resistance at $4,393.2
Investor Takeaway: RSI near 55 trending upward post-convergence; emerging MACD buying pressures suggest renewed accumulation potential.
