Jan. 6 at 12:04 PM
$GOLD Ongoing global uncertainty, including renewed attention on Venezuela-related tensions and broader emerging-market instability, continues to reinforce gold’s role as a safe-haven asset.
At the same time, markets remain sensitive to expectations around interest rates and central-bank policy, which can keep demand for gold elevated during periods of uncertainty.
In simple terms, both the chart structure and the news backdrop are aligned — as long as price holds above recent support zones, pullbacks are more likely to be pauses than reversals.