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Gold Technicals: The price of gold is having one of it's worst day's of the year. What now?
The price of gold has pulled back sharply from its record highs, correcting meaningfully after an extended run to the upside. Since peaking near $5,416 at the end of February, the metal has declined roughly 16.5%, marking a notable shift in momentum after a powerful rally throughout 2025 and into early 2026. What makes the move particularly interesting is that it has come despite heightened geopolitical tensions, including the ongoing conflict involving Iran—conditions that would typically support safe-haven demand. Instead, the price action suggests that buyers may have become exhausted, with profit-taking ... (full story)
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