GOLD Price Analysis – Feb 18, 2025
Daily Price Outlook
Gold prices (XAU/USD) continue to show strong bullish momentum, trading above the $2,910 level for the second consecutive day.
On Tuesday, the precious metal reached a high of $2,915, attributed to growing fears of a potential global trade war. US President Donald Trump’s threat to impose reciprocal tariffs has sparked a surge in demand for safe-haven assets like gold, pushing its price higher.
Moreover, the ongoing speculation about possible Federal Reserve interest rate cuts in the near future is further enhancing gold's appeal. Although the market faces ongoing uncertainty, gold remains a long-lasting choice for investors seeking stability in volatile times.
US Dollar Recovery Caps Gold Gains Amid Geopolitical Developments and Fed Rate Cut Speculation
On the US front, the broad-based US Dollar has seen a slight recovery, which has capped gold’s price gains, as a stronger dollar diminishes the appeal of gold as a safe-haven asset. However, the dollar’s rebound is attributed to positive geopolitical developments, including the delay in Trump’s tariffs and ongoing diplomatic talks to resolve the Russia-Ukraine conflict.
Although the US Dollar has gained strength, the anticipation of a Fed rate cut remains a significant driver for gold’s recent upward momentum. Traders are increasingly pricing in rate cuts in September or October, especially after the release of mixed US economic data
Geopolitical Tensions and US Tariff Threats Support Gold Prices Above $2,900
On the geopolitical front, global trade tensions, particularly US President Trump's threat to impose tariffs on automobiles starting April 2, continue to support demand for gold as a safe-haven asset. This is part of a larger strategy to impose tariffs on countries that maintain duties on US imports.
Although there is hope that the tariffs may be delayed and peace talks between Russia and Ukraine could ease tensions, the ongoing uncertainty in the geopolitical landscape is keeping gold supported above the $2,900 level.
Traders are keenly watching upcoming economic data, including the Empire State Manufacturing Index, which could provide further insight into the US economy's health. Moreover, speeches from key Federal Open Market Committee (FOMC) members may create new trading opportunities for gold.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is trading at $2,913.89, up 0.04% in the session, maintaining its bullish momentum as the metal hovers above key support levels.
The price remains firmly above the pivot point at $2,905.41, indicating a potential continuation of the uptrend. The 50-day EMA at $2,905.85 is acting as dynamic support, reinforcing buyers' control over the market.
Immediate resistance is seen at $2,935.54, with further upside targets at $2,954.97 and $2,974.92. A break above these levels could fuel a rally toward the psychological $3,000 mark.
Conversely, immediate support stands at $2,887.52, with deeper floors at $2,864.58 and $2,834.27, which could attract buyers in the event of a pullback.
From a technical standpoint, gold's consolidation above $2,905 suggests growing bullish sentiment. The metal remains in an ascending channel, with higher lows indicating sustained demand. However, a break below $2,887 could shift momentum, exposing the asset to further downside.
Given ongoing macroeconomic uncertainties, gold traders should watch for a breakout confirmation above $2,935 to validate the next leg higher. If sellers regain control below $2,887, a retracement toward $2,864 may follow.
Related News
- AUD/USD Price Analysis – Feb 18, 2025
GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold holds above the pivot at $2,905, with the 50-day EMA acting as key support.
- Immediate resistance at $2,935; a breakout could push prices toward $2,974.
- A drop below $2,887 may trigger further downside toward $2,864.
Gold (XAU/USD) is trading at $2,913.89, up 0.04% in the session, maintaining its bullish momentum as the metal hovers above key support levels.
The price remains firmly above the pivot point at $2,905.41, indicating a potential continuation of the uptrend. The 50-day EMA at $2,905.85 is acting as dynamic support, reinforcing buyers' control over the market.
Immediate resistance is seen at $2,935.54, with further upside targets at $2,954.97 and $2,974.92. A break above these levels could fuel a rally toward the psychological $3,000 mark.
Conversely, immediate support stands at $2,887.52, with deeper floors at $2,864.58 and $2,834.27, which could attract buyers in the event of a pullback.
From a technical standpoint, gold's consolidation above $2,905 suggests growing bullish sentiment. The metal remains in an ascending channel, with higher lows indicating sustained demand. However, a break below $2,887 could shift momentum, exposing the asset to further downside.
Given ongoing macroeconomic uncertainties, gold traders should watch for a breakout confirmation above $2,935 to validate the next leg higher. If sellers regain control below $2,887, a retracement toward $2,864 may follow.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 2905
Take Profit – 2935
Stop Loss – 2887
Risk to Reward – 1: 1.6
Profit & Loss Per Standard Lot = +$3000/ -$1800
Profit & Loss Per Mini Lot = +$300/ -$180
GOLD Price Analysis – Feb 17, 2025
Daily Price Outlook
Gold price (XAU/USD) prolonged its bullish momentum and remained well bid around $2,898 level, reaching an intra-day high of $2,906.
However, the main drivers behind this rally include the ongoing weakness in the US Dollar, uncertainty surrounding US President Donald Trump’s planned tariffs, and disappointing US Retail Sales data. These factors have provided strong support for gold, pushing it above the critical $2,900 mark.
Despite the Federal Reserve's hawkish stance on interest rates, gold remains resilient. However, the market continues to favor gold due to its safe-haven status in an uncertain global economic environment.
In the meantime, ongoing US-Russia negotiations over the Ukraine conflict have not impacted gold’s bullish momentum, further solidifying its strong outlook.
Weaker US Dollar and Inflation Concerns Bolster Gold's Strength
On the US front, the US dollar remains under pressure, hovering near a two-month low around 106.70. This decline comes amid weaker-than-expected US Retail Sales data, which fell by 0.9% in January, far exceeding the anticipated 0.1% decline.
The disappointing economic data, coupled with lower US Treasury yields, has weighed on the dollar, making gold more attractive to investors.
Furthermore, inflation data has reinforced expectations that the Federal Reserve will delay interest rate cuts. Notably, the US Core Producer Price Index (PPI) rose to 3.6% year-over-year in January, surpassing expectations of 3.3%. Similarly, the US Consumer Price Index (CPI) climbed 3.0% annually, with core CPI rising to 3.3%, both exceeding forecasts.
Therefore, this combination of a weaker US dollar and lower Treasury yields, along with stronger inflation data, has made gold more attractive. Investors are turning to gold as a hedge against economic uncertainty, pushing its price higher.
Impact of Trade Uncertainty and Fed's Stance on Gold Prices
Another key factor influencing gold prices is concern over Donald Trump’s proposed trade policies. The former US president has hinted at imposing new tariffs on countries that tax US imports, raising fears of a trade war. These developments have increased market uncertainty, pushing investors toward safe-haven assets like gold.
Federal Reserve Chair Jerome Powell recently reiterated that policymakers are in no rush to lower interest rates, citing strong job growth and economic resilience. Meanwhile, a Reuters poll of economists indicates that the majority expect at least one rate cut by June, though opinions remain divided on the exact timing.
Therefore, the ongoing concerns over Trump's proposed tariffs and ongoing market uncertainty, combined with the Fed's cautious stance on rate cuts, are driving investors toward gold as a safe-haven asset, supporting its price.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is consolidating around $2,900, struggling to gain momentum as it trades near its key pivot point at $2,919.39.
The metal’s short-term price action remains uncertain, with traders eyeing crucial resistance and support levels. A break above $2,935.54 could trigger fresh buying interest, potentially pushing prices toward the next resistance levels at $2,954.97 and $2,970.84.
On the downside, immediate support is seen at $2,853.43. If gold breaches this level, further declines toward $2,834.27 and $2,811.56 may follow. The 50-day EMA at $2,906.38 is acting as dynamic support, keeping gold within a tight range.
The 4-hour chart suggests gold remains in a consolidation phase, with buyers defending the $2,887 level while sellers cap gains near $2,920. The market's next major move hinges on whether gold can break out of this tight range. A buy entry above $2,887 with a target of $2,920 and a stop loss at $2,872 could provide a strategic trade setup.
Gold’s technical outlook remains bullish above $2,887, but failure to hold support could accelerate selling pressure.
Related News
- GBP/USD Price Analysis – Feb 17, 2025
GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Resistance at $2,935.54 – A breakout could push gold toward $2,954.97 and $2,970.84.
- Support at $2,853.43 – A drop below this level may trigger further declines toward $2,834.27.
- Buy above $2,887 – Targeting $2,920 with a stop loss at $2,872 for short-term positioning.
Gold (XAU/USD) is consolidating around $2,900, struggling to gain momentum as it trades near its key pivot point at $2,919.39.
The metal’s short-term price action remains uncertain, with traders eyeing crucial resistance and support levels. A break above $2,935.54 could trigger fresh buying interest, potentially pushing prices toward the next resistance levels at $2,954.97 and $2,970.84.
On the downside, immediate support is seen at $2,853.43. If gold breaches this level, further declines toward $2,834.27 and $2,811.56 may follow. The 50-day EMA at $2,906.38 is acting as dynamic support, keeping gold within a tight range.
The 4-hour chart suggests gold remains in a consolidation phase, with buyers defending the $2,887 level while sellers cap gains near $2,920. The market's next major move hinges on whether gold can break out of this tight range. A buy entry above $2,887 with a target of $2,920 and a stop loss at $2,872 could provide a strategic trade setup.
Gold’s technical outlook remains bullish above $2,887, but failure to hold support could accelerate selling pressure.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 2887
Take Profit – 2920
Stop Loss – 2872
Risk to Reward – 1: 2.2
Profit & Loss Per Standard Lot = +$3300/ -$1500
Profit & Loss Per Mini Lot = +$330/ -$150
GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Key Resistance: $2,943; Breakout could push gold toward $2,959.
- Key Support: $2,898; A drop below may trigger increased selling.
- Outlook: Bullish above $2,923, with profit target set at $2,942.
Gold (XAU/USD) is trading at $2,932.09, up 0.01% as it maintains its bullish momentum amid persistent inflation concerns and ongoing tariff-related market anxiety.
The metal remains supported above its pivot point of $2,923.29, indicating continued investor interest in safe-haven assets.
Technically, gold is trading comfortably above the 50-day EMA, which sits at $2,907.75. This suggests the bullish trend remains intact, with the next immediate resistance at $2,943.27.
A break above this level could propel gold toward $2,959.89 and potentially $2,975.66 if the upward momentum strengthens.
On the downside, immediate support lies at $2,898.08, followed by $2,879.70 and $2,864.94. A dip below the $2,898 level might trigger profit-taking and shift sentiment to the downside.
The Relative Strength Index (RSI) remains near neutral, signaling balanced market sentiment with room for potential upside if buying pressure increases.
Fundamentally, gold continues to benefit from a weaker U.S. dollar and elevated inflation figures, as the latest PPI data showed a 3.5% year-over-year rise, exceeding market expectations.
The Federal Reserve's cautious approach toward rate cuts further supports gold’s appeal, particularly as uncertainty surrounding new tariff measures persists.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 2923
Take Profit – 2942
Stop Loss – 2904
Risk to Reward – 1:1
Profit & Loss Per Standard Lot = +$1900/ -$1900
Profit & Loss Per Mini Lot = +$190/ -$190
GOLD Price Analysis – Feb 14, 2025
Daily Price Outlook
Gold price (XAU/USD) maintained its upward trend and hit an all-time high of $2,939. The rally was mainly supported by increased demand for safe-haven assets after US President Donald Trump signed an executive order for reciprocal tariffs on Thursday.
Although the tariffs will take weeks to be implemented, investors are playing it safe and shifting their money into Gold, pushing its price higher.
Another reason for Gold’s strong performance is the weakening US Dollar (USD). The US Dollar Index (DXY) has lost traction as traders realize that Trump's tariffs won’t take effect immediately, leaving room for negotiations.
This uncertainty has reduced the urgency to rush into the Dollar, making Gold a more attractive option for investors looking for stability.
Gold Near Record Highs as US Dollar Struggles and Inflation Concerns Rise
On the US front, the broad-based US Dollar Index (DXY), which measures the strength of the Dollar against other major currencies, is holding steady after losses in the previous session. It remains around the 107.00 level, with US Treasury bond yields for 2-year and 10-year notes standing at 4.31% and 4.53%, respectively.
Inflation figures also came in higher than expected, with both the Producer Price Index (PPI) and Consumer Price Index (CPI) rising more than anticipated. This has led to expectations that the Federal Reserve (Fed) will hold off on cutting interest rates for now.
The Fed's stance on rates remains cautious due to the strong job market and economic growth. In his semi-annual report, Fed Chair Powell mentioned there’s no rush to lower rates, especially with rising inflation pressures.
Trump’s tariffs on several countries could also contribute to higher prices, making it more difficult for the Fed to ease rates anytime soon. This uncertainty about inflation and rate cuts has kept Gold attractive, pushing its price to near record highs.
Gold has been on the rise for three days, recently trading close to its all-time high. With the US dollar struggling and trade tensions increasing due to Trump’s tariff orders, Gold remains a safe-haven investment.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is trading at $2,932.09, up 0.01% as it maintains its bullish momentum amid persistent inflation concerns and ongoing tariff-related market anxiety.
The metal remains supported above its pivot point of $2,923.29, indicating continued investor interest in safe-haven assets.
Technically, gold is trading comfortably above the 50-day EMA, which sits at $2,907.75. This suggests the bullish trend remains intact, with the next immediate resistance at $2,943.27.
A break above this level could propel gold toward $2,959.89 and potentially $2,975.66 if the upward momentum strengthens.
On the downside, immediate support lies at $2,898.08, followed by $2,879.70 and $2,864.94. A dip below the $2,898 level might trigger profit-taking and shift sentiment to the downside.
The Relative Strength Index (RSI) remains near neutral, signaling balanced market sentiment with room for potential upside if buying pressure increases.
Fundamentally, gold continues to benefit from a weaker U.S. dollar and elevated inflation figures, as the latest PPI data showed a 3.5% year-over-year rise, exceeding market expectations.
The Federal Reserve's cautious approach toward rate cuts further supports gold’s appeal, particularly as uncertainty surrounding new tariff measures persists.
Related News
- EUR/USD Price Analysis – Feb 14, 2025
GOLD Price Analysis – Feb 13, 2025
Daily Price Outlook
Gold prices (XAU/USD) extended their bullish momentum, reaching an intra-day high of $2,922. The recent surge is largely attributed to a decline in US Treasury bond yields, which weakened the US Dollar and made gold more attractive to investors.
Furthermore, growing fears of a global trade war, fueled by former US President Donald Trump’s aggressive tariff policies, have intensified demand for gold as a safe-haven asset.
Despite gold’s strong upward trend, the concerns over rising US inflation persist. On the data front, the latest Consumer Price Index (CPI) report revealed a higher-than-expected increase in consumer prices, reinforcing speculation that the Federal Reserve will maintain its hawkish stance.
Hence, the prospect of prolonged high interest rates could pose challenges for gold’s rally, as rising US Treasury yields and a stronger Dollar typically reduce the appeal of non-yielding assets like gold.
US Dollar Struggles Amid Inflation Concerns and Trade Tariffs, Supporting Gold Prices
On the macroeconomic front, the US Dollar has struggled to gain momentum, providing additional support for gold. The latest US inflation report initially triggered market volatility, but persistent concerns over former US President Donald Trump’s newly imposed tariffs kept safe-haven demand strong.
Trump’s decision to impose a 25% tariff on steel and aluminum imports, along with threats of additional tariffs on countries with high levies on US goods, has heightened market uncertainty.
On the data front, the US inflation data showed that consumer prices surged in January, with the CPI rising by 0.5%, marking the highest increase since August 2023. The annual inflation rate climbed to 3%, while core inflation (excluding food and energy) rose to 3.3%, exceeding market expectations.
Federal Reserve Chair Jerome Powell has emphasized that inflation remains a key concern, making it unlikely that the central bank will cut interest rates until inflation moves closer to the 2% target.
Meanwhile, strong US economic data, including robust job market performance and GDP growth, further supports the Fed’s cautious stance.
Investors are now turning their attention to the upcoming Producer Price Index (PPI) report, which could provide additional clarity on inflation trends.
If inflation remains elevated, gold and silver prices may face resistance, but if inflation shows signs of easing, both metals could continue their bullish momentum.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is trading at $2917.37, showing slight downside pressure as it hovers just below its pivot point of $2922.88. The 50-day EMA at $2900.68 provides a crucial support level, reinforcing near-term stability. However, the bearish sentiment remains intact as long as gold stays below the pivot.
On the upside, immediate resistance stands at $2943.27, with a breakout potentially pushing gold towards $2959.89 and ultimately $2975.96. However, recent price action suggests that buyers are struggling to gain control, making a sustained move above these levels uncertain.
On the downside, immediate support is set at $2898.08, followed by $2879.70 and $2864.94. A break below these levels could accelerate selling momentum, with traders eyeing the next key levels for potential entry points.
The entry strategy favors selling below $2922, targeting $2900 as a take-profit level, while stop-loss is set at $2935 to manage risk. The overall trend suggests cautious bearish sentiment, with gold needing a decisive breakout above resistance levels to shift momentum back in favor of buyers.
Related News
- AUD/USD Price Analysis – Feb 13, 2025
GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold remains bearish below $2922.88, with $2898.08 as key support and $2943.27 as the next major resistance.
- 50-day EMA at $2900.68 acts as a crucial pivot for near-term price action.
- Break below $2898.08 could accelerate selling toward $2879.70, while a breakout above $2943.27 may trigger bullish momentum.
Gold (XAU/USD) is trading at $2917.37, showing slight downside pressure as it hovers just below its pivot point of $2922.88. The 50-day EMA at $2900.68 provides a crucial support level, reinforcing near-term stability. However, the bearish sentiment remains intact as long as gold stays below the pivot.
On the upside, immediate resistance stands at $2943.27, with a breakout potentially pushing gold towards $2959.89 and ultimately $2975.96. However, recent price action suggests that buyers are struggling to gain control, making a sustained move above these levels uncertain.
On the downside, immediate support is set at $2898.08, followed by $2879.70 and $2864.94. A break below these levels could accelerate selling momentum, with traders eyeing the next key levels for potential entry points.
The entry strategy favors selling below $2922, targeting $2900 as a take-profit level, while stop-loss is set at $2935 to manage risk. The overall trend suggests cautious bearish sentiment, with gold needing a decisive breakout above resistance levels to shift momentum back in favor of buyers.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Sell Below 2922
Take Profit – 2900
Stop Loss – 2935
Risk to Reward – 1:1.6
Profit & Loss Per Standard Lot = +$2200/ -$1300
Profit & Loss Per Mini Lot = +$220/ -$130
GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold trades below $2,898.48 pivot; bearish bias prevails.
- Immediate resistance at $2,943.27, with a breakout needed for further gains.
- Support at $2,862.33—break below could extend losses to $2,833.82.
Gold (XAU/USD) is experiencing downward pressure, trading at $2,886.14, slipping 0.01% as the stronger U.S. dollar and hawkish Federal Reserve outlook weigh on sentiment. The metal remains below its pivot point at $2,898.48, signaling a potential continuation of bearish momentum.
On the technical front, the 50-day EMA at $2,854.23 is acting as a key support level, while immediate resistance stands at $2,943.27. A break above this level could trigger further upside towards $2,966.54, with an extended rally possible up to $2,990.75. However, the current structure suggests a lower probability of a breakout as long as the dollar remains strong.
Downside risks persist, with $2,862.33 serving as immediate support. A break below this level could accelerate selling pressure, exposing $2,833.82 and potentially deeper support at $2,806.78. Given the setup, traders may consider short positions below $2,898, targeting $2,862, with a stop loss at $2,920 to manage risk.
Gold’s near-term trend will likely be dictated by upcoming U.S. economic data, particularly inflation figures and any shifts in Federal Reserve rate expectations. If inflation softens, gold could regain ground; however, persistently high inflation may reinforce the dollar’s strength, limiting gold’s upside potential.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Sell Below 2898
Take Profit – 2862
Stop Loss – 2920
Risk to Reward – 1:1.6
Profit & Loss Per Standard Lot = +$3600/ -$2200
Profit & Loss Per Mini Lot = +$360/ -$220
GOLD Price Analysis – Feb 12, 2025
Daily Price Outlook
Gold prices (XAU/USD) continue to slide, struggling to find support around the $2,890 level, with an intra-day dip to $2,883. However, the main reason behind this decline is the strengthening US Dollar, which gained momentum after Fed Chair Jerome Powell’s comments on Tuesday.
His remarks signaled that the Federal Reserve may keep interest rates higher for longer, reducing the appeal of gold. As a result, investors are leaning towards the dollar, putting further pressure on gold prices.
Meanwhile, the upbeat mood in the markets has made investors less interested in gold, which is typically seen as a safe-haven asset. On top of that, worries about a potential economic slowdown fueled by former US President Donald Trump’s trade tariffs and the risk of a global trade war could still keep gold from falling too much, as investors may turn back to it for safety.
Stronger US Dollar and Fed’s Cautious Stance Weigh on Gold Prices
On the US front, the broad-based US Dollar Index (DXY) is holding strong near 108.00 as traders await key inflation data. The US Consumer Price Index (CPI) report, set to be released on Wednesday, is expected to show headline inflation steady at 2.9% year-over-year, while core inflation may slightly dip to 3.1% from 3.2%.
Fed Chair Jerome Powell, in his testimony to Congress, stated that the central bank is in no rush to cut interest rates, citing a strong job market and stable economic growth.
He also warned that former President Donald Trump's new tariffs on imports could push prices higher, making it even harder for the Fed to lower rates.
Consequently, the market now expects the Federal Reserve to delay interest rate cuts, possibly until the next quarter, as inflation concerns remain.
Many economists who previously predicted a rate cut in March have revised their expectations, with most now anticipating a cut by June.
As a result, the US Dollar continues to gain strength as the Fed signals a cautious approach, following January’s jobs report, which showed slowing job growth but a lower unemployment rate.
Meanwhile, Fed officials have expressed mixed views, with some, like Neel Kashkari, open to supporting rate cuts if inflation data improves while the job market stays strong.
For gold prices, this outlook is bearish, as a stronger US Dollar and delayed rate cuts make the precious metal less attractive. Moreover, Trump's decision to expand tariffs on steel and aluminum could further fuel inflation, potentially forcing the Fed to keep rates higher for longer.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is experiencing downward pressure, trading at $2,886.14, slipping 0.01% as the stronger U.S. dollar and hawkish Federal Reserve outlook weigh on sentiment. The metal remains below its pivot point at $2,898.48, signaling a potential continuation of bearish momentum.
On the technical front, the 50-day EMA at $2,854.23 is acting as a key support level, while immediate resistance stands at $2,943.27. A break above this level could trigger further upside towards $2,966.54, with an extended rally possible up to $2,990.75. However, the current structure suggests a lower probability of a breakout as long as the dollar remains strong.
Downside risks persist, with $2,862.33 serving as immediate support. A break below this level could accelerate selling pressure, exposing $2,833.82 and potentially deeper support at $2,806.78. Given the setup, traders may consider short positions below $2,898, targeting $2,862, with a stop loss at $2,920 to manage risk.
Gold’s near-term trend will likely be dictated by upcoming U.S. economic data, particularly inflation figures and any shifts in Federal Reserve rate expectations. If inflation softens, gold could regain ground; however, persistently high inflation may reinforce the dollar’s strength, limiting gold’s upside potential.
Related News
- GBP/USD Price Analysis – Feb 12, 2025