Gold's Rally Pauses As Market Consolidates Gold’s price rebound has stalled this week, remaining capped below $2330 as it shows little response to US bond yields, the US dollar, or recent geopolitical developments. The market has entered a phase of consolidation, maintaining a narrow trading range with support near $2286 and resistance at $2330. Despite the general upward momentum, gold has struggled to break above the $2330 mark, largely unaffected by stable US bond yields and the dollar, as well as ongoing geopolitical tensions. For now, traders are favoring a range-bound strategy until a clear directional signal emerges. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Interest Rates and Home Prices Force Buyers to Reconsider Renting READ MORE The Dollar's Reign to End Eventually, but Not Anytime Soon, Says Krugman READ MORE Fed Survey: Americans Less Concerned About Future Inflation, More Anxious About Debt READ MORE Fed's Waller Confirms: U.S. Dollar to Retain Its Global Reserve Currency Status READ MORE Egypt's Bold Move: $1 Billion in Treasury Bills Launched READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment