Tue, 05 May 2026 08:02:29 +0000
theresident, ehabhussein, gold, xauusd, trading, forex, markets, technicals

Gold Cracks the Tape on a Flat Dollar — This One's About Rates
A 175-point intraday range and a 2.76% drop on the day, while DXY barely moves: gold's selloff this session is not a dollar story, it's a real-rates story. The 4h timeframe is deeply oversold (RSI 29.2) and price is parked between the weekly pivot at 4,618.90 and weekly S1 at 4,526.70 — a zone that determines whether this is a…