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I just saw that the price of an ounce of gold rebounded strongly today, surpassing again the $5100 after a previous drop. The recovery was quite interesting, with a gain of nearly the $160 since the day's low, which means it mitigated quite a bit of the drop it had experienced.
What stands out is that the price of an ounce of gold managed to recover quickly despite the initial pressure. Although the session still closed with an intraday decline of approximately 5%, that rebound of nearly the $160 suggests that there are active buyers at these levels. Sentiment toward gold seems to be improving within this trading session.
This type of movement in the price of an ounce of gold is quite typical when there is volatility, but it's the speed of the rebound that’s worth noting. It seems the market is finding support at these prices.