World Gold Council: Central Banks Net Sold 30 Tons of Gold in March 2026, Led by Turkey
📊 GLD — Piyasa Yorumu
■ neutral · 60%The news reports that central banks have sold gold, but the amount (30 tons) may have a limited impact on the global market. Technically, the RSI at 61.8 is in neutral territory, while the MACD remains just below the signal line, offering no clear short-term directional signal. The price is trading well above the 20- and 50-day moving averages, indicating that the uptrend continues but is approaching overbought levels. The abnormal 1025% price increase in the last 24 hours may be a data error, thus its reliability is low. In the short term, the negative impact of the news could be offset by the technical outlook, so direction uncertainty persists.
📊 GOLD — Piyasa Yorumu
▼ down · 60%The news reports that central banks are selling gold, with Turkey leading these sales. This could create selling pressure on gold prices in the short term. Although the RSI is at 58.7, indicating a neutral zone in technical indicators, the MACD line is above the signal line, showing positive momentum. However, the latest closing price of $45.36, above the 20-day moving average of $44.12, suggests that any decline may be limited. A short-term pullback is expected due to the news, but stronger signals are needed for a downtrend to emerge.