{"id":1325,"date":"2026-08-17T11:57:09","date_gmt":"2026-08-17T11:57:09","guid":{"rendered":"https:\/\/goontrading.com\/en\/gold-gains-and-returns-to-4400-%f0%9f%97%bd-are-precious-metals-betting-on-a-dovish-fed\/"},"modified":"2026-08-17T11:57:09","modified_gmt":"2026-08-17T11:57:09","slug":"gold-gains-and-returns-to-4400-%f0%9f%97%bd-are-precious-metals-betting-on-a-dovish-fed","status":"publish","type":"post","link":"https:\/\/goontrading.com\/en\/gold-gains-and-returns-to-4400-%f0%9f%97%bd-are-precious-metals-betting-on-a-dovish-fed\/","title":{"rendered":"Gold gains and returns to $4,400 \ud83d\uddfd Are precious metals betting on a dovish Fed?"},"content":{"rendered":"

\ud83d\ude80 Experience Ultra-Low Latency Trading<\/a> — \ud83d\udee1\ufe0f Trade with a Regulated Global Broker<\/a><\/strong><\/p>\n

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Gold prices opened the week higher on global markets, with gold rising 0.5% to around $4,400 and extending Friday\u2019s gains, while silver is up nearly 1.5%. Precious metals appear to have responded positively to the latest set of U.S. macroeconomic data.<\/p>\n

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  • Friday\u2019s data showed an unexpected decline in U.S. retail sales and weaker consumer sentiment in the University of Michigan survey.<\/li>\n
  • The figures followed relatively \u201creassuring\u201d July CPI and PPI inflation reports.<\/li>\n
  • The latest NFP report also disappointed, while gold appears to be reacting to a reduction in hawkish expectations ahead of the Fed\u2019s autumn policy decisions.<\/li>\n<\/ul>\n

    Gold price chart (H4, D1)<\/strong><\/h2>\n

    On the 4-hour chart, gold remains above $4,300 per ounce and recently halted its decline around this important Fibonacci retracement level (23.6%). RSI and MACD still appear to leave some room for further gains, while an important Fibonacci resistance level is located near $4,600, where stronger price action can also be seen, including the May consolidation that preceded the subsequent decline.<\/p>\n

    <\/p>\n

    Source: xStation5<\/p>\n

    On the daily chart, the $4,300 area looks even more important because the 200-session EMA200 (red line) is located there. After briefly falling below this moving average, gold quickly returned to growth. The proximity of the EMA200 itself appears to suggest that, in a scenario where the upward trend resumes, gold could still have considerable room to rise\u2014especially if expectations regarding Fed and ECB policy become more dovish and oil prices gradually decline toward $70\u201380 per barrel.<\/p>\n

    Source: xStation5<\/p>\n<\/section>\n<\/div>\n

    XTB.COM<\/p>\n","protected":false},"excerpt":{"rendered":"

    \ud83d\ude80 Experience Ultra-Low Latency Trading — \ud83d\udee1\ufe0f Trade with a Regulated Global Broker \u00a0 Gold prices opened the week higher on global markets, with gold rising 0.5% to around $4,400 and extending Friday\u2019s gains, while silver is up nearly 1.5%. Precious metals appear to have responded positively to the latest set of U.S. macroeconomic data. …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-1325","post","type-post","status-publish","format-standard","","category-gold-commodities-trade-news"],"_links":{"self":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts\/1325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/comments?post=1325"}],"version-history":[{"count":0,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts\/1325\/revisions"}],"wp:attachment":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/media?parent=1325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/categories?post=1325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/tags?post=1325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}