ผู้ซื้อทองคำยังคงมีความหวังท่ามกลางสงครามตะวันออกกลางและความกังวลเกี่ยวกับการเติบโตของจีน

• Gold builds on Wednesday’s rebound and reverts to $5,200 again early Thursday.
• The US Dollar recovers modestly amid Middle East escalation, dovish Fed outlook.  
• ค่าเฉลี่ยเคลื่อนที่ 21 วันยังคงทรงตัวท่ามกลาง RSI ที่ขาขึ้น การปิดรายวันเหนือระดับ 61.8% Fibo ถือเป็นจุดสำคัญสำหรับผู้ซื้อทองคำ.

Gold is building on the previous rebound in Thursday’s Asian trades, testing offers once again at the $5,200 threshold. Deeper escalation of the Middle East war and dovish US Fed monetary policy outlook continue to support Gold.

The US-Israel-Iran war escalated sharply on Wednesday after a US submarine sank an Iranian warship off Sri Lanka and NATO air defences intercepted an Iranian ballistic missile fired towards Turkey.

Additionally, “the powerful son of Iran’s slain supreme leader emerged as a frontrunner to succeed him,” per Reuters, threatening further geopolitical escalation in the region, with the war entering its sixth day.

On the monetary policy front, US President Donald Trump on Wednesday officially nominated former Federal Reserve Governor Kevin Warsh to be the next Fed Chair. Warsh is seen in the pro-easing camp and could likely lower interest rates later this year.

This dovish narrative countered strong US economic data, bumping up the non-yielding Gold at the expense of the US Dollar (USD).

Data published by ADP showed on Wednesday that US private employers added 63,000 jobs in February, gaining more than the 50,000 that economists projected.

The ISM said that the US service sector activity strengthened sharply in February, with the headline index rising from 53.8 to 56.1, well above the market forecast of 53.5.

Attention now turns toward the US weekly Jobless Claims data, while Middle East updates and China economic growth concerns continue to keep investors on the edge and Gold underpinned.

Earlier on, China set its 2026 economic growth target at 4.5%-5%, slightly lower than the 5% pace achieved last year. The dragon nation is the world’s top Gold consumer.

การวิเคราะห์ทางเทคนิครายวัน

The near-term bias is mildly bullish as price holds above the 21-day SMA near $5,080 and extends its advance away from the 50-day and 100-day SMAs clustered below $4,900, which reinforces an established uptrend backdrop. Momentum remains positive, with the RSI lifting back into the mid-50s after cooling from prior overbought extremes, indicating that buying pressure persists without stretched conditions. Price also trades above the 61.8% Fibonacci retracement at $5,141, measured from the $4,402 low to the $5,598 high, showing that bulls have defended the upper half of the recent corrective range.

Immediate support emerges at the 61.8% retracement at $5,141, followed by the 50% retracement at $4,999, where proximity to the rising 21-day SMA creates a key demand zone. A daily close below that cluster would expose next support at the 38.2% retracement at $4,859. On the upside, initial resistance stands near the recent swing area around $5,340, aligned with the 78.6% retracement, with a break above opening the path toward the $5,600 high. As long as XAU/USD holds above $5,140 on a closing basis, the technical structure favors continuation of the broader uptrend rather than a deeper reversal.