Gold is consolidating near $3,317 after a 0.48% pullback, showing resilience above the key $3,300 support level despite dollar strength and strong US retail data. The precious metal remains up 26.29% year-over-year, with traders awaiting Fed clarity amid Trump-Powell tensions and ongoing central bank buying. Technical analysis shows gold trapped in a symmetrical triangle between $3,300 support and $3,360-$3,372 resistance, with a breakout above $3,372 potentially targeting Goldman Sachs’ $3,700 forecast and even $3,800 levels.

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Is the Gold Price Correction Over? What This Rebound Tells Us
Gold and silver rebounded ~3% Friday, but the gold price correction extends to 17% off January’s all-time high. Here’s what’s driving the selloff — and what a reversal could look like.




