XAUUSD: Key Resistance Levels Marked as Gold Enters Sideways Consolidation
Over the last three trading days, XAUUSD (gold price) exhibited significant volatility, especially dropping sharply to 4403.1 on March 26 from 4506.85 the previous day—a decline of over $100. Goldman Sachs’ Robert Kaplan advised the Federal Reserve to maintain a wait-and-see stance amid heightened market uncertainty, which contributed to gold losing its safe-haven appeal and behaving more like a risk asset. Simultaneously, a strong rally in oil markets diverted investor attention. This development signals a clear shift in market risk appetite, reminding investors to carefully weigh macroeconomic and geopolitical factors when adjusting their gold exposure.


