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Temporary rebound in gold

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GOLDالذهب 31-3-2026

Gold is trading around the $4600 resistance level, with a break above targeting $4850, but this resistance is likely to limit upward momentum in today’s trading.

Support

4350 4150
Resistance 4600

4850

Gold prices experienced volatile movements in the financial markets, recording a slight increase supported by rising demand as a safe haven asset amid geopolitical tensions. However, this upward movement remained limited and under continuous pressure from the strength of the U.S. dollar and elevated interest rate expectations. Despite today’s gains, gold is still on track to post one of its worst monthly losses in years, reflecting the prevailing market instability and its sensitivity to shifts in global monetary policy and currency movements.

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