⭐️Fundamental Analysis Gold prices are struggling to capitalize on a modest intraday rebound from a one-week low and remain below $2,900 in Asian trading on Tuesday. Uncertainty surrounding US President Donald Trump’s trade policies and their impact on the global economy continues to weigh on investor sentiment. This, in turn, has supported the safe-haven bullion,...
⭐️Fundamental analysis The main reason for this weakness is the US dollar (USD) recovering slightly after hitting its lowest level since November. The USD's recovery was due to the market's reaction to the weaker-than-expected US jobs report, creating some pressure on the precious metal. However, growing expectations that the US Federal Reserve (Fed) will conduct...
Fundamental analysis Gold prices saw buying pressure as they dipped below $2,900 before rebounding to a daily high in European trading on Friday morning. Investors were cautious and waiting for the key US jobs report. The upcoming Non-Farm Payrolls (NFP) report will have a significant impact on the USD's performance in the short term and could provide fresh...
Gold price today will trade in the range of 2928-2900. There will not be enough catalyst for gold to break through this range, at least wait until Nonfarm. When breaking the range of 2929 and 2895, it will confirm a new trend of Gold. The 2915 area until the end of the Asian session cannot be broken, it can push the price up to 2922 - 2928 or if broken, pay...
⭐️Fundamental Analysis Gold prices (XAU/USD) have stalled after two days of gains due to rising US bond yields, putting pressure on non-yielding gold. However, gold may be supported by safe-haven demand amid escalating trade tensions. Specifically, the US imposed a 25% tariff on imports from Mexico and Canada, while China also increased tariffs to 20%, raising...
⭐️Fundamental Analysis The market is concerned about the risk of a global tariff war that seems inevitable. US President Donald Trump affirmed to impose 25% tariffs on Canada, Mexico and increase tariffs on China to 20%, leading to retaliatory measures from China and Canada, which could escalate into a full-blown trade war. In addition, Trump suspended military...
💥Fundamental Analysis European leaders are drafting a peace plan to present to Washington, raising hopes for a resolution to the conflict. This optimism has pushed the Euro (EUR) to rise sharply, putting pressure on the US Dollar (USD) and pulling gold prices back up. In addition, the USD continued to weaken as China's manufacturing PMI data beat expectations,...
⭐️Fundamental Analysis This week, the US Dollar (USD) continued to recover on expectations that the Federal Reserve (Fed) will keep its monetary policy tight as inflation remains high. This caused money to flow out of gold - a non-yielding asset. In addition, gold prices fell as investors adjusted their positions ahead of the US release of important inflation...
Fundamental Analysis The Japanese Yen (JPY) continued to weaken against the US Dollar (USD), pushing the USD/JPY pair above the psychological 150.00 level in late US trading on Friday. Japanese government bond (JGB) yields fell after Prime Minister Shigeru Ishiba’s government cut its fiscal 2025 budget plan. However, any meaningful depreciation in the JPY appears...
⭐️Fundamental Analysis The US dollar (USD) gained positive traction for the second consecutive day amid a slight rise in US Treasury yields and a further move away from the lowest level since December 10. This, coupled with the generally positive risk sentiment, turned out to be a major factor exerting downward pressure on the precious metal. However, uncertainty...
⭐️Fundamental analysis Gold prices rose sharply in the middle of the week thanks to weak US economic data, causing the USD and bond yields to weaken. Concerns about tariffs with Canada, Mexico and the risk of a trade war helped gold maintain its upward momentum. However, gold prices may face difficulties as the USD recovered slightly after the US House of...
⭐️Fundamental Analysis Market sentiment remained cautious on Tuesday due to concerns over Trump tariffs and Nvidia's upcoming earnings report. The US dollar continued to hold its strength on risk-off sentiment, limiting gold's gains. However, gold prices remained supported by falling US Treasury yields and rising trade war risks. Bond yields fell on a strong...
⭐️Fundamental Analysis The uncertainty surrounding former US President Donald Trump's tariff policy and global economic risks continue to strengthen gold's role as a safe-haven asset. In addition, geopolitical tensions and pessimistic sentiment towards the US Dollar (USD) also contributed to supporting gold prices. However, expectations that the US Federal...
⭐️Fundamental Analysis Gold prices fell as investors booked profits ahead of the release of key US economic data, including PMI and PCE inflation. The Fed minutes did not change expectations for two rate cuts this year, but maintained a cautious stance. If the economy is strong and inflation is high, the Fed may not be in a hurry to ease policy. Gold prices may...
⭐️Fundamental Analysis The rally came after US President Donald Trump said a trade deal with China was possible. Geopolitical concerns increased after US President Trump said Ukraine had started a war with Russia and hinted that it was time to pay back all the aid it had provided to the US. Meanwhile, the Federal Reserve (Fed) meeting minutes from Wednesday night...
⭐️Fundamental Analysis Gold prices rose again due to concerns about new tariffs from former US President Donald Trump and the deadlock in negotiations between the US and Russia. Trump announced that he would impose tariffs of 25% or more on pharmaceuticals, semiconductors and automobiles, putting great pressure on European and Asian economies. This raised concerns...
⭐️Fundamental Analysis Top US and Russian officials will meet to discuss ending the war in Ukraine, but there are concerns that a decision may be made without the participation of Ukraine and Europe. Weak risk sentiment has boosted demand for the safe-haven US dollar, putting pressure on gold prices. At the same time, Fed officials were cautious about inflation...
Your trading strategy is based on a combination of strong support at 1.044 and signals from the EMA 34. This is a reasonable approach if the correction weakens and buying pressure increases. Some notes: Confirmation from price action: If the price reacts strongly to the 1.044 area (such as forming a reversal candlestick pattern or RSI divergence sign), the...