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Gold bulls need to break $5,200 and $5,300 soon or momentum exhaustion could see gold fall as far as $4,380/oz
Gold prices are holding above the $5,100 February breakout level this week, but the yellow metal faces major resistance between $5,200 and $5,300 per ounce, even as the technical picture looks increasingly like the one before the January selloff, with a breach of $5,100 signaling downside risk toward $4,800 and even $4,380, according to Razan Hilal, market analyst at Forex.com. Hilal noted that spot gold is managing to hold above the $5,100 per ounce breakout level as the yellow metal reflects renewed safe haven demand stemming from trade policy uncertainty. “The move has returned Gold to clearly bullish technical ... (full story)
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Feb 26, 2026 1:47am
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