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Gold Outlook: Rally Slows Near $5000 as Bearish Signals Build
Gold is on track for its fourth week higher. Yet when you consider that it has taken longer to recoup less than half of its recent declines, I cannot help but wonder if gains could be limited from here – or a pullback is on the horizon.We’ve not seen a record high for gold since late January, and it has since fallen by as much as -27%, briefly entering a technical bear market. However, after finding support at its 50-week EMA, gold bulls have staged an 18% rebound and are currently on track for a fourth consecutive weekly gain. Even so, the recovery has been relatively slow—prices have yet to retrace half of ... (full story)
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- Apr 15, 2026 5:56pm Posted byTechnical Analysis3,029
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