Gold Price Forecast: XAU/USD sellers aligned around $4,600 - FXStreet
FXStreet's calling $4,600 resistance based on chart patterns, but they're missing the fundamentals. COMEX registered gold sits near historic lows while central banks keep buying. These technical levels matter for day traders, not stackers building wealth over decades. Physical demand from Asia hasn't slowed despite these prices. The paper market can paint whatever picture it wants short-term, but supply constraints are real. Every pullback from these levels is just another entry point for serious stackers. The gold-to-silver ratio at 63:1 suggests silver's still the better value play here.