Some of the world’s biggest money managers have rebuilt their gold holdings after prices dropped, betting that long-term drivers of the precious metal will endure even as the US Federal Reserve takes a more assertive stance on inflation.

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• Bloomberg center

  Some of the world’s biggest money managers have rebuilt their gold holdings after prices dropped, betting that long-term drivers of the precious metal will endure even as the US Federal Reserve takes a more assertive stance on inflation.
• TradingView Ideas

  Gold has staged a strong recovery after the recent selloff, climbing back toward the $4,480 area following a gain of more than 2% on Thursday. The short-term structure has improved significantly, but price is now approaching an important psychological and technical barrier around **$4,500**. This is the area I am watching for confirmation of whether the recovery can develop into a broader bullish continuation. **Key levels** Immediate resistance: **$4,490-$4,500** Upside target: **$4,540** Near-