Gold Prices Fall: Rebound Signals and Outlook Through End of 2026
Gold prices remain volatile in the short term, but the potential for a rebound is still intact as global monetary policy expectations begin to shift.
According to Trading Economics data on Friday (April 24, 2026, at 10:50 WIB), spot gold prices declined by 3.3% over the past week, falling to around $4,675 per troy ounce.
Commodity analyst and Traderindo.com founder Wahyu Laksono stated that gold is currently entering a recovery phase after experiencing a correction in mid-March 2026. From a short-term technical perspective (weekly timeframe), gold is showing early rebound signals with a tendency to test key resistance levels.
The nearest resistance is seen in the range of $4,900 to $5,300 per troy ounce, while support levels are located between $4,500 and $4,100.
“Technically, gold is in a recovery phase following a healthy correction in mid-March,” Wahyu said on Thursday (April 23, 2026).
Gold Price Outlook for Q2 2026
Heading into the second quarter of 2026, gold is المتوقع to move in a consolidative rebound pattern. Several external factors are expected to drive price movements, including easing geopolitical tensions in the Middle East and rising concerns over a global economic slowdown.
In addition, market participants are closely watching the direction of U.S. Federal Reserve policy. Wahyu noted that the central bank’s ability to maintain tight monetary policy is becoming increasingly limited, opening the door for potential easing in the near future.
For the April–June 2026 period, gold is projected to trade with resistance between $5,400 and $5,600, while support is expected in the range of $3,880 to $3,000.
Bullish Potential in the Second Half of 2026
Looking further ahead, gold is expected to turn more bullish in the second half of 2026. This outlook is driven by anticipated shifts in global monetary policy, particularly from the Federal Reserve, which is expected to begin cutting interest rates.
Lower interest rates typically act as a positive catalyst for gold, as they reduce the opportunity cost of holding non-yielding assets.
At the same time, risks of a global economic slowdown—triggered by persistent inflation and rising oil prices—could further support gold demand. Ongoing geopolitical uncertainty also adds to gold’s appeal as a safe-haven asset.
Moreover, continued gold purchases by central banks, especially China, are expected to provide strong long-term support for prices.
For the second half of 2026, gold is projected to test resistance levels between $5,000 and $6,000, with support seen in the range of $4,000 to $3,000.
Short-Term Weakness, Long-Term Opportunity
Despite the positive long-term outlook, short-term downside risks remain, particularly in Q2 2026. Wahyu emphasized that gold may still experience further weakness or form a bottom before resuming its upward trend.
“The potential for further downside remains in Q2, or at least a bottoming phase in the second half, which could serve as a launchpad for gold to reach new record highs,” he concluded.