XAUUSD | GOLDSPOT | New perspective | follow-up detail

Mis à jour
Last week, Gold (XAU/USD) remained range-bound, trading within the $2,510 and $2,530. This followed a rebound fueled by weak Nonfarm Payrolls data, which showed a significant slowdown in US hiring.

Traders reacted quickly, with Fed interest rate cut probabilities fluctuating. At one point, a 50 bps cut was priced in with 70% odds, but by the end of the week, a 25 bps cut became the most likely scenario.

Adding to the dovish sentiment, several Fed policymakers, including John Williams, Christopher Waller, and Austan Goolsbee, have signalled their openness to easing monetary policy.

With the Fed leaning towards rate cuts, what does this mean for Gold's price in the coming week?

Join me in this video as I analyze the latest developments and discuss the potential path for Gold.

XAUUSD Technical Overview:
This week, we're focusing on the $2,485 zone. This could be a make-or-break point. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone, Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!

📌 Follow my journey as I map out the next moves in this dynamic market!

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Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Transaction en cours
Gold prices (XAU/USD) continue to face downward pressure, struggling to find momentum under the key $2,500 psychological level during the Asian session. The mixed U.S. jobs report from Friday dampened expectations of a significant 50-basis-point rate cut from the Federal Reserve. This has led to a modest rebound in U.S. Treasury yields, which in turn is helping the U.S. Dollar strengthen its recovery.

However, the weaker-than-expected Nonfarm Payrolls data has raised concerns about potential economic slowdown in the U.S., which may provide some underlying support for gold. Additionally, the ongoing conflict and stalled ceasefire talks between Israel and Hamas are weighing on market sentiment, reducing risk appetite and keeping demand steady for safe-haven assets like gold.

Given these dynamics, it’s prudent to avoid jumping into any aggressive sell positions until we see clear evidence of sustained selling pressure. We’ll be closely watching the structure on the 1-hour chart for further confirmation and will discuss this in more detail during our upcoming live stream.

Good Morning

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Transaction en cours
With the two buy positions now yielding a minimum of 250 pips in profit, it’s time to lock in some gains as the yellow metal continues its upward momentum ahead of the US inflation data release for August.

Following last Friday’s Nonfarm Payrolls report, traders have adjusted their expectations, lowering the odds of a 50 bps rate cut. According to the CME FedWatch Tool, the probability of a 25 bps rate cut has risen to 73%, while the chance of a 50 bps cut now stands at 27%.

Key data releases this week—US Consumer Price Index (CPI) on Wednesday and Producer Price Index (PPI) on Thursday—are expected to shape market expectations regarding the Federal Reserve's next rate decision. These figures will likely provide further direction for Gold, which tends to thrive in environments of uncertainty.

As we approach these crucial events, the technical structure on the 1-hour timeframe remains intact, offering potential for new trading setups. However, it’s important to secure some profit now while preparing for the next opportunities.

Good Morning

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Transaction en cours
Gold's bullish bias remains intact as the price continues to move within a range-bound structure since the week began. After the release of US inflation data, the price dipped back to the $2,507 zone. August's Consumer Price Index (CPI) showed a 2.5% year-on-year increase, down from July's 2.9%, and missed expectations of 2.6%.

Despite this retreat, Gold found support from a weaker US Dollar, which saw early weakness on Wednesday following the Trump-Harris presidential debate. According to most analysts, Vice President Harris emerged as the victor, leading the market to discount policies associated with former President Trump, particularly those aimed at maintaining the USD as the global reserve currency through punitive tariffs.

On the geopolitical front, rising tensions in the Middle East and a Ukrainian drone attack on Moscow are expected to boost safe-haven demand for Gold.

As we move forward, the ascending trendline identified earlier this week will continue to guide our trading strategies for the remainder of the week. Stay tuned for further updates as the situation evolves.

Good Morning

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Transaction en cours
#XAUUSD

STRUCTURAL UPDATE | 15 Min Timeframe

Secure all existing buy positions as we look out for new trading opportunities using the current structure.

Good Morning

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Transaction en cours
#XAUUSD

Over 300 pips in profit; secure some profit as we look out for new opportunities.

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