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Gold Sets Up for Another Breakout as $5k Acceptance Remains the Big Deal
The fear from March seems to be comfortably in the rear-view mirror as US equities push towards fresh all-time highs. Despite the worry in many of the headlines indicating that the scenario around Iran isn’t quite at a head, markets seem to hold less worry around the matter as there’s been a massive recovery in risk and this is something that’s shown through gold, Bitcoin and stocks. On a shorter-term basis, gold is holding on to breakout potential as resistance from prior support of 4850 has now held a couple of different tests. And while resistance holding may be a difficult factor to consider for bullish ... (full story)
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- Apr 15, 2026 2:39pm Posted byTechnical Analysis2,118
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