Market morning summary
Because of geopolitical uncertainty and expectations of Fed rate cuts, spot gold stayed strong most of last week and hit a record high. Last Friday the high was 3,656.69 USD/oz, the low was 3,630.53 USD/oz, and it closed at 3,642.65 USD/oz.
Today watch global tariff and trade developments, changes in geopolitical situations, Fed policy signals, and US Treasury yields.
Key factors
Geopolitical conflicts and expectations of an upcoming Fed rate cut are keeping gold strong near record levels.
Main things to watch next: global tariffs and trade, geopolitical progress, Fed policy direction, and changes in US Treasury yields.
Morning trading strategy guide
Gold (XAU/USD)
Range: 3,637.00–3,657.00 USD/oz
Idea: sell high and buy low inside the range. Wait for a clear breakout before following the trend.
Breakout rules:
- If price breaks below 3,637.00, consider short. Targets: 3,627.00 / 3,617.00. Stop loss: 5.00 USD.
- If price breaks above 3,657.00, consider long. Targets: 3,667.00 / 3,677.00. Stop loss: 5.00 USD.
Silver (XAG/USD)
Range: 42.090–42.330 USD/oz
Idea: sell high and buy low inside the range. Watch for continuation after a breakout.
Breakout rules:
- If price breaks below 42.090, consider short. Targets: 41.700 / 41.300. Stop loss: 0.200 USD/oz.
- If price breaks above 42.330, consider long. Targets: 42.600 / 42.900. Stop loss: 0.200 USD/oz.
Risk warning
Markets are unpredictable and you can lose money. This analysis is for reference only and is not investment advice. Make your own decisions based on your personal risk tolerance.