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Why Is Gold Surging? How High Can Gold Go and Gold Price Prediction 2026

From financemagnates.com

Nine sessions of selling. The worst week for gold in 40 years. A terrifying intraday drop to $4,100 that briefly looked like the bull market was over. And then - nothing. The sellers ran out of ammunition right at the most important levels on the chart, the buyers stepped in forcefully, and Wednesday, March 25, is telling a completely different story: gold is up 1.9% and trading at $4,555 per ounce, having recovered more than $450 from Monday's lows in less than 48 hours. This is not a random bounce. This is a technically significant reversal at exactly the right levels. And it changes the near-term outlook for gold ... (full story)

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  • Category: Technical Analysis