The post Can The Bull Market Survive This 8% Pullback? appeared on BitcoinEthereumNews.com.

Gold is taking a breather after a parabolic rally, but the underlying macro picture still looks supportive for bulls. After briefly trading above 5,000 dollars per ounce in late January, spot prices have slipped back toward the mid‑4,600s-4,700s range as higher‑for‑longer rate expectations bite into momentum. The key question now is whether this is the start of a deeper correction or just a reset before the next leg higher. Gold today: sharp pullback after record highs Live quotes show gold changing hands around 4,600-4,700 dollars an ounce on March 19, down roughly 2–4% in the last 24 hours and nearly 8% off recent peaks. Earlier this year, the metal smashed through the 5,000 dollar mark for the first time ever as safe‑haven demand surged on geopolitical tensions and fears of slower global growth. Even after the latest retreat, prices remain more than 50% higher than a year ago, underscoring how powerful the 2025-2026 bull run has been. The immediate catalyst for the pullback has been shifting interest‑rate expectations. Stronger‑than‑expected inflation data and hawkish messaging from the Federal Reserve have pushed real yields higher and strengthened the dollar, both of which typically pressure gold. When yields compensate investors more for holding cash or bonds, non‑yielding assets like gold tend to correct, especially after a vertical move. XAU/USD Price. Source: CoinCodex. Medium‑term outlook: macro still favors higher gold Despite the short‑term hit, major banks and commodity desks remain bullish on gold into year‑end. JPMorgan, Goldman Sachs and others see prices grinding back toward the 5,400-6,300 dollar zone by late 2026, assuming the Fed begins cutting rates and real yields drift lower. Forecasts differ on the exact target, but the consensus is clear: lower rates plus sticky inflation equals a supportive backdrop for the metal. Central bank demand is another pillar of the…

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Filed under: News - @ March 19, 2026 3:28 pm