{"id":30360,"date":"2026-03-10T23:58:24","date_gmt":"2026-03-10T23:58:24","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30360\/"},"modified":"2026-03-10T23:58:24","modified_gmt":"2026-03-10T23:58:24","slug":"on-tuesday-gold-trades-above-5200-supported-by-weaker-dollar-and-yields-after-5000-rebound","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30360\/","title":{"rendered":"On Tuesday, gold trades above $5,200, supported by weaker dollar and yields after $5,000 rebound"},"content":{"rendered":"Gold traded around $5,222 on Tuesday, up 1.63%, after rebounding from near $5,000. A softer US Dollar and lower Treasury yields supported prices, while the US-Iran war kept risk mood cautious.\n\nConflicting updates came from US officials and Iran as the war entered its eleventh day, with airstrikes continuing across the Middle East. The US discussed possible moves around the Strait of Hormuz, while Iran warned ships against passing through it.\n\n<h3>Market Drivers And Geopolitical Risk<\/h3>\nOil prices fell on Monday, with WTI down 5.84% and Brent down 3.69%, easing inflation pressure. This helped the US Dollar and yields pull back as markets kept pricing possible Federal Reserve rate cuts.\n\nCME FedWatch showed a 57.2% chance of a first 2026 rate cut in July and a 40.8% chance in June. ADP Employment Change 4-week average rose to 15.5K from 12.8K, with CPI due Wednesday and PCE due Friday.\n\nTechnically, gold moved above $5,200 after holding support near $5,105, with a lower band near $4,880 and an upper band near $5,330. RSI stayed above 50, while ADX near 14 pointed to weak trend strength.\n\nCentral banks added 1,136 tonnes of gold worth about $70 billion in 2022, the highest yearly purchase on record. Gold often moves opposite to the US Dollar and Treasuries, and can also move against risk assets.\n\n<h3>Strategy Setup And Risk Management<\/h3>\nWith gold now firmly above the $5,200 level, we should consider buying call options to target a move toward the $5,330 resistance zone. The combination of a US-Iran war and expectations of Federal Reserve rate cuts provides a strong fundamental tailwind for the metal. However, sudden de-escalation headlines could trigger a sharp pullback, so any long positions must be managed carefully.\n\nThis price strength is underpinned by years of steady accumulation by global central banks, a trend we saw solidify back in 2023 when they added over 1,037 tonnes to their reserves. This consistent buying provides a strong underlying bid in the market, making aggressive short-selling a high-risk strategy. Any significant dip is likely to be viewed as a buying opportunity by these large players.\n\nThe upcoming CPI and PCE inflation data this week are critical events that could shift the narrative. We remember how persistent inflation was back in 2024, often surprising to the upside and forcing the Fed to remain cautious. A hotter-than-expected inflation print this week could push back the market\u2019s bets for a July rate cut, strengthening the dollar and creating a headwind for gold.\n\nThis situation differs from the gold spike we saw at the start of the Ukraine war in 2022, which was quickly capped by an aggressively hiking Federal Reserve. Today, the Fed is poised to cut rates, which supports gold even as geopolitical tensions drive safe-haven demand. This makes buying on dips a more viable strategy than it was in the past.\n\nGiven the conflicting war headlines and the binary risk of the upcoming inflation reports, trading volatility itself is a sound approach. The weak trend strength suggests sharp, unpredictable moves rather than a steady grind higher. Using options to construct a long strangle allows us to profit from a significant price breakout in either direction.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Gold rose 1.63% to $5,222 as dollar and yields fell amid US-Iran war uncertainty.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30360","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30360"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30360\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}