Gold (GLD): Orderly Consolidation After ATH — The Bull Case Remains Intact — March 9, 2026

GLD gained 1.58% to $473.51 as gold consolidates 7% below its $509.70 ETF all-time high. RSI is a neutral 52.12 — a textbook healthy reset. We examine the stagflationary gold thesis, central bank demand, and the Iranian strike catalyst.