Prediction: Potential rebound if safe-haven demand holds
After recent volatility, gold is stabilizing and showing signs of renewed interest. Analysts note that prices could reclaim key resistance if buyers continue to view gold as a safe haven.
A breakout above psychological levels (e.g., $5,000) would be bullish, while failure to regain that zone could keep gold in a trading range.
Outlook: Bullish to Range-Bound depending on data and risk sentiment.