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.

Comments

JustMarkets

Popular posts from this blog

Identifying Optimal Entry Points and Managing Risks XAUUSD 4 Maret 2025

Analysis of XAUUSD: Insights from MA, MACD, RSI Indicators and Global Economic Events

Comprehensive Analysis of XAUUSD: Technical Insights and Fundamental Drivers