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Gold (XAU/USD)

Gold Consolidates as Currency Debasement Narrative Weakens


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.