Gold Holds Above $4,400 — Can Bulls Push Toward $4,500?

Gold has extended its rebound and is now trading around $4,410, keeping the recent bullish structure intact.

The key change is the breakout above $4,250. That area had acted as resistance and is now becoming an important support zone.

As long as gold holds above $4,200–$4,250, buyers remain in control. Momentum indicators are also pointing higher, although the rally is becoming more extended after the latest gains.

On the upside, $4,450–$4,500 is the next major resistance area. A clean break above $4,500 could put $4,650–$4,700 back on the radar.

The risk is a pullback after the sharp recovery. If gold falls back below $4,250, the breakout could start to lose momentum, with $4,200 becoming the next level to watch.

For now, $4,250 is the level bulls need to defend, while $4,500 is the next hurdle they need to clear.