Gold Will Stall Below $4,700 as Fed Moves and Resistance Holds

Gold will not hit $4,700 during the week of August 17, 2026. Despite heavy central bank buying of 289 tonnes in Q2 2026 and spot trading near US$4,406 per ounce in early Asian trade on August 17, established resistance at $4,470, $4,520 and $4,600 will cap upside. FOMC Minutes, a PBoC rate decision…