{"id":129325,"date":"2026-03-23T12:43:18","date_gmt":"2026-03-23T10:43:18","guid":{"rendered":"https:\/\/ironfx-com.wp-dev.int.theitops.net\/?p=129325"},"modified":"2026-03-23T12:44:00","modified_gmt":"2026-03-23T10:44:00","slug":"golds-price-tumbles","status":"publish","type":"post","link":"https:\/\/www.smartchinaeducation.com\/ru\/golds-price-tumbles\/","title":{"rendered":"Gold\u2019s price tumbles"},"content":{"rendered":"<p><a href=\"https:\/\/www.ironfx.com\/en\/markets\/metals\/XAUEUR\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gold\u2019s price tumbles<\/a> as the USD strengthens and oil surges amid escalating tensions in Iran. Risk-off sentiment dominates markets, with investors eyeing Fed policy and inflation pressures closely.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-usd-on-the-rise-gold-tumbles\"><strong><strong><strong><strong><strong>USD on the rise, gold tumbles<\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>The USD strengthened against its counterparts in the <a href=\"https:\/\/www.ironfx.com\/ru\/markets\/forex\/\" target=\"_blank\" rel=\"noreferrer noopener\">FX market<\/a> during today\u2019s Asian session. <\/p>\n\n\n\n<p>As fewer high-impact financial releases are expected in the week, we expect fundamentals to lead the markets. The risk-off market sentiment is enhanced as the war in Iran does not seem to be de-escalating. <\/p>\n\n\n\n<p>Yet market expectations for inflationary pressures in the US economy are intensifying, given the high oil prices. Hence, the market\u2019s expectations for the Fed\u2019s intentions are turning increasingly hawkish. <\/p>\n\n\n\n<p>The bank is now increasingly expected to remain on hold and currently Fed Fund Futures imply that the market is split on whether the Fed will be hiking rates near the end of the year or not. <\/p>\n\n\n\n<p>On the flip side, gold\u2019s price tumbled at some point even as much as 8%, before correcting higher, after one of its worst weeks in decades.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-oil-prices-gain-as-war-risks-intensify\"><strong><strong><strong><strong><strong>Oil prices gain as war risks intensify<\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>Oil prices were on the rise in today\u2019s opening and during the Asian session. The war in Iran shows signs of escalating pushing oil prices higher. US President Trump has threatened to obliterate the Iranian energy plants. <\/p>\n\n\n\n<p>The Iranian side is threatening to respond by hitting energy targets in the wider region. Such actions, if materialized, could have long-term consequences for the supply side of the international oil market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-us-stock-markets-and-bitcoin-lose-ground\"><strong><strong><strong><strong><strong>US stock markets and Bitcoin lose ground<\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>US equities were on the retreat during today\u2019s Asian session, as the risk-off market sentiment intensified. <\/p>\n\n\n\n<p>With the war in Iran being ongoing and expectations for inflation are present and the Fed expected to keep rates high. Hence riskier assets such as equities but also cryptocurrencies tend to suffer losses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-other-highlights-for-today\"><strong>Other highlights for today<\/strong><\/h2>\n\n\n\n<p>Today we get Euro Zone\u2019s preliminary consumer sentiment for March while we also note that ECB\u2019s Cipollone and Lane are scheduled to speak. In tomorrow\u2019s Asian session, we get Japan\u2019s CPI rates for February.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-as-for-the-rest-of-the-week\"><strong>As for the rest of the week<\/strong><\/h2>\n\n\n\n<p>On Tuesday, we get the preliminary March PMI figures of France, Germany, the Euro Zone as a whole, the UK and the US and the UK CBI distributive trades indicator for March. <\/p>\n\n\n\n<p>On Wednesday, we get Australia\u2019s and the UK\u2019s CPI rates for February and Germany\u2019s Ifo indicators for March. Also, on Thursday, we get Germany\u2019s GfK consumer sentiment for April the weekly US initial jobless claims figure. Finaly on Friday, we get UK\u2019s retail sales for February and the final US UoM consumer sentiment for March.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-charts-to-keep-an-eye-out\"><strong>Charts to keep an eye out<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-xau-usd\"><strong><strong><strong><strong>XAU\/USD<\/strong><\/strong><\/strong><\/strong><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.ironfx.com\/en\/\/markets\/metals\/XAUUSD\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>XAU\/USD<\/strong>\u2019s price<\/a> continued to drop in today\u2019s Asian session, breaking the 4250 (R1) support line now turned to support. <\/p>\n\n\n\n<p>We intend to maintain our bearish outlook for the precious metal price, yet also note that it\u2019s at oversold levels and possibly ripe for a correction higher. <\/p>\n\n\n\n<p>Should the bears remain in control as expected, we may see gold\u2019s price nearing if not breaching the 3890 (S1) support line. <\/p>\n\n\n\n<p>For a bullish outlook to emerge, which we consider as remote currently, we would require gold\u2019s price to break the 4250 (R1) resistance line and continue to break also the 4550 (R2) resistance level.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-wti\"><strong><strong><strong>WTI<\/strong><\/strong><\/strong><\/h3>\n\n\n\n<p><strong>WTI<\/strong>\u2019s price continued to rise on Friday and during today\u2019s Asian session tested the 100.90 (R1) resistance line. <\/p>\n\n\n\n<p>For the time being we note the bullish tendencies of WTI\u2019s price, yet we still maintain our bias for a sideways motion of the commodity\u2019s price. <\/p>\n\n\n\n<p>Should the bulls be in the driver\u2019s seat, we may see WTI\u2019s price breaking the 100.90 (R1) resistance line and start actively aiming for the 107.00 (R2) resistance level.<\/p>\n\n\n\n<p>For a bearish outlook we would require WTI\u2019s price to reverse today\u2019s and Friday\u2019s gains and continue to break the 92.25 (S1) support line clearly and start aiming for the 87.10 (S2) support level.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-xau-usd-daily-chart\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>XAU\/USD Daily Chart<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1916\" height=\"888\" src=\"\/wp-content\/uploads\/2026\/03\/xau-usd-daily-charts-03232026-gold-price.png\" alt=\"Daily XAUUSD candlestick chart showing a sharp price drop in March 2026, currently at the R1-4250 support level.\" class=\"wp-image-129326\" title=\"xau-usd-daily-chart\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Support: 3890 (S1), 3600 (S2), 3220 (S3)<\/li>\n\n\n\n<li>Resistance: 4250 (R1), 4550 (R2), 4995 (R3)\u00a0<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-wti-daily-chart\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>WTI Daily Chart<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1916\" height=\"888\" src=\"\/wp-content\/uploads\/2026\/03\/wti-cash-daily-charts-03232026-oil-price.png\" alt=\"Daily WTI Cash candlestick chart displays a sharp uptrend in early 2026, reaching near the R1 resistance level of 100.90.\" class=\"wp-image-129327\" title=\"eur-usd-daily-chart\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Support: 92.25 (S1), 87.10 (S2), 82.00 (S3)<\/li>\n\n\n\n<li>Resistance: 100.90 (R1), 107.00 (R2), 112.70 (R3)\u00a0<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"1125\" height=\"783\" src=\"\/wp-content\/uploads\/2026\/03\/calendar-03232026-economic-news-forex.png\" alt=\"Economic calendar table detailing market-moving releases for Monday and Tuesday, including indicators, regions, times, and impact.\" class=\"wp-image-129328\" style=\"aspect-ratio:0.8822515795519816;width:598px;height:auto\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"831\" height=\"203\" src=\"\/wp-content\/uploads\/2026\/03\/benchmark-03232026-table-analysis-forex.png\" alt=\"Horizontal bar chart of daily benchmark currency rates: USD\/JPY gained 0.63%, AUD\/USD lost 1.45%, and GBP\/USD lost 0.60%.\" class=\"wp-image-129329\"\/><\/figure>\n\n\n\n<p>Disclaimer:<br>This information is not considered as investment advice or an investment recommendation, but instead a marketing communication. IronFX is not responsible for any data or information provided by third parties referenced, or hyperlinked, in this communication.<\/p>","protected":false},"excerpt":{"rendered":"<p>USD weakened despite favorable data The selling momentum for the USD in the FX market was maintained yesterday, given the<\/p>","protected":false},"author":15,"featured_media":107933,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_daim_seo_power":"","_daim_enable_ail":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-129325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","blog-category-financial-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gold\u2019s Price Tumbles as USD Strengthens, Oil 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