Gold experienced heavy liquidation after breaching the $4.5K level but held above support and is now regaining upward momentum. Central bank accumulation continues, though ETF inflows have slowed, resulting in consolidation rather than trend reversal.
Key Levels: Support at $4,275.09 | Resistance at $4,580.17
Investor Takeaway: RSI at 55 and strengthening MACD suggest renewed upside potential. A global shift away from US Treasuries and Fed bill-buying may provide a medium-term bullish anchor.
