XAUUSD Gold: Bullish Reversal at 200-Day MA Highlights Key Support and Trading Outlook, May 29, 2026
Over the past three trading days, XAUUSD (Gold) exhibited significant volatility, rebounding from a two-month low to close at 4495.765 USD. The recent price action was driven by weaker than expected US GDP data, which revitalized bullish sentiment as the 200-day moving average (MA) provided key support. While a stronger dollar and higher yields exerted pressure, hopeful geopolitical developments and easing inflation fears gave gold a short-term boost. For the average investor, this movement high

















