Gold made newer high. Price action suggests squeeze higher as central bank gold holdings continue increasing while ETF inflows slowed this month, leading to consolidation period. Fed becoming buyer of bills and global pivot away from US Treasuries may push gold further up.
Key Levels: Support at $4,275.09 | Resistance at $4,580.17
Investor Takeaway: RSI at 55 with MACD showing bullish momentum but fading buying pressures; new high confirms strength despite ETF weakness as Fed T-bill buying creates structural support.
