Gold Rebounds After Sharp Correction, Eyes $5,000 Resistance

Gold rebounds after sharp correction, eyes $5,000 resistance

Gold (XAU/USD) consolidates its gains during the American session on Tuesday after surging more than 5% earlier in the day, as dip buyers step back into the market following last week’s violent correction from record highs near $5,600.

Gold’s Sharp Correction Gives Economies Room to Breathe | The Middle East Observer

The sharp correction in gold and silver prices after record highs at the start of 2026 is increasingly being viewed not as a destabilising shock, but as a potential release of trapped liquidity back into the global economy. Gold’s fall from nearly $5,600 per ounce to below $4,800, alongside silver’s historic one-day plunge, has unwound […]