Gold Price Analysis: Why Did Gold Pull Back Today?

Gold surged to a fresh record of $4,887 per ounce before paring gains to around $4,840 on Wednesday (January 21), as geopolitical risks that fueled the rally began to ease (Gold Price) . Në chart-in tuaj, mund të shihni se çmimi ra nga rreth $4,880 në $4,790 - një rënie prej rreth $90-100.
Main Reasons for the Pullback
Profit-Taking After Record Highs The pullback followed President Trump's remarks in Davos ruling out the use of military force over Greenland, which reduced immediate geopolitical risk, lifted equities and Treasuries, and triggered profit-taking after the sharp rally (Gold Price) .
Geopolitical Tensions Easing
Earlier gains were driven by renewed tariff threats tied to Greenland that weakened the dollar and pushed investors toward non-sovereign stores of value (Gold Price) . When Trump said he wouldn't use military force, tensions eased and investors took profits.
Technical Overbought Conditions
The RSI is close to an overbought area, suggesting that a minor correction is possible (Gold Price) . Tregu ishte shumë i nxehur pas rritjes 70%+ në 2025.
Natural Correction in Bull Market Gold may remain "overbought" for several weeks, then experience a sharp correction in just a few days when liquidity decreases or macroeconomic news changes

Disclaimer
This is not financial advice. Do your own research and consult with a financial professional before investing. Silver is highly volatile and speculative.