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XAUUSDGold (XAU/USD)
4,561.90
-2.48%
DATE: 2026-05-17
SUPPORT:45224446
RESISTANCE:45994675
Past
What happened
Gold finished Friday at 4,561.90 — down 2.5% on the week and the worst session of 2026 — as PPI-driven yields and Iran-Hormuz de-escalation talk pulled the safety bid out simultaneously.
Why
Why it matters
Gold's correction is the textbook 'real yields up + risk-off premium out' two-factor squeeze. The structural EM central-bank bid remains, but it's slow money and won't catch a knife in real time.
Watch
What to watch
4,522 is the first technical support; a close below opens 4,446 and a deeper retracement. Any Iran headline that revives Hormuz risk is the asymmetric bull trigger.
HEADLINES
2026-05-15ARCHIVE2026-05-18