Gold Breaks Out From a Downtrend That Started in January 2026, What’s Next?
Gold jumped practically 2% on Wednesday, reaching $4,155. The transfer broke the descending trendline that capped each rally since February’s all-time high of $5,598. The breakout lands in a loaded week. Markets see a 63.6% probability of a September Fed charge hike, and Friday’s Nonfarm Payrolls (NFP) report may resolve whether or not the transfer…
