GOLD → Waiting for news. What next?

12 févr.

XAUUSD during the adjustment period, we are monitoring key risk zones from which the trend may continue or the correction could extend longer...

The focus today is on the scheduled US CPI data release, which could provide new momentum for gold.
Markets remain concerned about Trump's tariffs potentially triggering inflationary pressures, which could allow the Fed to maintain its hawkish stance.
The US dollar strengthened significantly following speculation that the Fed will keep interest rates unchanged in the near future, putting pressure on gold prices for the second consecutive day on Wednesday.
However, Trump also hinted at considering additional tariffs on goods, raising concerns about a global trade war and serving as a catalyst for this safe-haven precious metal.
Gold's next movement depends on inflation data and Trump's tariff levels. If CPI exceeds forecasts, the dollar will strengthen and gold prices will decline. Conversely, weak data could support the metal's growth.

Resistance levels: 2898, 2911, 2930
Support levels: 2880, 2870, 2855

From a technical perspective, breaking above the support level at 2880 indicates the market remains bullish and quite aggressive. If buyers maintain prices above 2880-2885, then in the short and medium term, we should expect prices to rise to 2930-2950.
If gold breaks below 2880 and stays under this zone, market liquidation could occur and prices may fall to 2855, 2848, after which we can expect gold's growth to resume.

14 févr.

Trade fermée: cible de profit atteinte