XAU/USD
As of January 20, 2025, gold (XAUUSD) prices have been on an upward trajectory, influenced by several key factors:
U.S. Inflation Data: Recent reports indicate a slowdown in U.S. core inflation, with the rate decreasing to 3.2% in December from 3.3% in November year-on-year. This deceleration has heightened expectations of potential interest rate cuts by the Federal Reserve, thereby bolstering gold's appeal as a non-yielding asset.
Safe-Haven Demand: Amid global economic uncertainties and anticipated policy changes with President-elect Donald Trump's upcoming second term, investors are gravitating towards safe-haven assets like gold to hedge against potential market volatility.
Technical Indicators: Analysts suggest that if gold prices consolidate above the $2,700 level, the next resistance targets could be $2,727 and $2,730. Conversely, a decline below $2,670 might signal a deeper bearish correction towards $2,645.
U.S. Inflation Data: Recent reports indicate a slowdown in U.S. core inflation, with the rate decreasing to 3.2% in December from 3.3% in November year-on-year. This deceleration has heightened expectations of potential interest rate cuts by the Federal Reserve, thereby bolstering gold's appeal as a non-yielding asset.
Safe-Haven Demand: Amid global economic uncertainties and anticipated policy changes with President-elect Donald Trump's upcoming second term, investors are gravitating towards safe-haven assets like gold to hedge against potential market volatility.
Technical Indicators: Analysts suggest that if gold prices consolidate above the $2,700 level, the next resistance targets could be $2,727 and $2,730. Conversely, a decline below $2,670 might signal a deeper bearish correction towards $2,645.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.