After a "violent" correction in early February that saw prices drop by over $1,200 in just three days, gold has stabilized and is currently trading around $5,070 per ounce. Despite the recent volatility, holding above the $5,000 psychological support level is seen by analysts as a bullish signal for the medium term.$XAUT
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Gold Reclaims the $5,000 Mark
After a "violent" correction in early February that saw prices drop by over $1,200 in just three days, gold has stabilized and is currently trading around $5,070 per ounce. Despite the recent volatility, holding above the $5,000 psychological support level is seen by analysts as a bullish signal for the medium term.$XAUT