Analysis XAUUSD 11 Februari 2025 Open Market
Here's a technical and fundamental analysis of XAU/USD:
Technical Analysis
As of February 10, 2025, XAU/USD is trading around $2,893.81, up by 1.17%. The technical indicators suggest a strong buy signal. Key points include:
RSI (14): 72.48 (Buy)
STOCH (9,6): 69.43 (Buy)
MACD (12,26): 7.38 (Buy)
ADX (14): 47.14 (Trend Strength)
Williams %R: -7.54 (Overbought)
CCI (14): 172.21 (Buy)
Moving Averages: All moving averages (5, 10, 20, 50, 100, 200) are in strong buy territory.
Fundamental Analysis
Fundamentally, Gold continues to attract safe-haven flows amid persistent worries about trade tariffs and inflation. Recent comments from US President Donald Trump about imposing new tariffs have further fueled demand for Gold. Additionally, the upcoming testimony by US Federal Reserve Chairman Jerome Powell and the January Consumer Price Index (CPI) report are key events to watch this week.


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