Goldman Sachs Physical Gold ETF Shares

AAAU

Market cap $2.96B

Gold strengthens after reclaiming key support but faces a critical resistance zone that will determine whether the recovery continues or another pullback develops.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Gold continues to attempt to build a rally on Thursday, as markets are moving with rates in the United States, specifically the 10-year yield. I remain bullish long term though and have no interest in shorting.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Over the years, Gold and Bitcoin ( CRYPTO: BTC ) have been fighting over the “best inflation hedge” title, and depending on the angle you decide to argue from, both assets make a pretty good case.

Gold price tests the 50-day MA as dollar weakness and falling yields support the gold market. Traders now watch for a breakout to confirm upside momentum.

Gold holds $4,800 as US-Iran diplomacy cools safe-haven demand. Will the cooling RSI signal a consolidation or a reversal?

Gold rose in early Asian trade amid hopes for more U.S.-Iran talks. White House press secretary Leavitt said Wednesday that conversations with the Iranians “are productive and ongoing.