View more search results

Daftar

Market Insights > Daily Market Analysis

19 May 2025,05:53

Daily Market Analysis

Gold Rebounds as Weak U.S. Data Fuels Safe-Haven Flows

19 May 2025, 05:53

Share on:

Key Takeaways:

*U.S.-China Tariff Truce Spurs Risk Rally: Temporary trade deal led to a sharp early-week selloff in gold.

*Weak U.S. Data Reverses Trend: Downbeat inflation and retail sales data prompted a strong rebound in safe-haven demand.

*Geopolitical Risks Linger: Failed Russia-Ukraine talks and Putin’s absence reinforced investor caution

Market Summary:

Gold prices saw wild swings over the week, initially plunging as markets cheered a temporary U.S.-China trade truce but later rebounding sharply after a raft of disappointing U.S. economic data reignited concerns over growth and inflation.

At the start of the week, risk appetite surged after Washington and Beijing agreed to pause their trade war, with both sides committing to a 90-day tariff rollback. The U.S. announced a reduction in tariffs on Chinese imports from 145% to 30%, while China said it would lower duties from 125% to 10%. The deal triggered a broad shift towards risk assets and led to a sharp decline in gold, as investors rotated out of safe havens.

However, the rally in risk assets proved short-lived. Gold prices reversed course midweek following a series of worse-than-expected U.S. economic reports. Inflation metrics, including the Consumer Price Index (CPI) and Producer Price Index (PPI), came in below forecasts, while core retail sales also disappointed. The data signaled continued weakness in consumer spending and inflationary pressures, raising concerns that the earlier trade war had already inflicted deeper damage on the U.S. economy.

In response, investors turned back to gold, seeking refuge amid renewed fears of an economic slowdown. The metal regained lost ground, supported by growing expectations of a dovish policy shift by the Federal Reserve if economic weakness persists.

Geopolitical tensions also weighed on sentiment. The first direct talks in three years between Russia and Ukraine ended without any breakthrough, as Russian President Vladimir Putin failed to attend. The lack of progress added further uncertainty to the global outlook, bolstering safe-haven demand.

Technical Analysis

GOLD, H4

Gold is currently testing a key resistance level at $3,240, supported by bullish momentum on the MACD and a recent golden cross formation. The RSI has rebounded to 51 after dipping into oversold territory, signaling potential for further upside.

A confirmed breakout above $3,240 could open the door toward the next resistance at $3,340. However, if buying momentum weakens, a pullback toward the $3,130 support level may occur, with stronger support seen at $3,050.

Resistance levels: 3240.00, 3340.00

Support levels: 3130.00, 3050.00

Mulai Trading dengan Keunggulan

Trading forex, indeks, Logam, dan lainnya dengan spread rendah di bidang ini dan eksekusi secepat kilat.

Mulai trading dengan deposit hingga serendah $50 di akun standar kami.
Nikmat akses ke layanan dukungan 24/7.
Akses ratusan instrumen, sarana edukasi gratis, dan berbagai promosi terbaik yang pernah ada.

Bergabung Sekarang

Latest Posts

Dollar Slumps Amid Weak U.S. Data

Wall Street Holds Gains Despite Mixed Retail Sales, Powell Flags Inflation Risks

Pembukaan akun cepat dan mudah

Buat Akun Live

1

Daftar

Daftar Akun Live PU Prime dengan prosedur kami yang tanpa ribet.
2

Pendanaan

Danai akun Anda secara mudah dengan aneka ragam kanal pembayaran dan mata uang yang diterima.
3

Mulai Trading

Akses ratusan instrumen dalam kondisi trading terunggul di pasar.

Buat Akun Live

Risk Warning: Trading Contracts for Difference (CFDs) involves a high level of risk and may not be suitable for all traders. The use of leverage magnifies both potential profits and losses, meaning you could incur losses greater than your initial deposit. It is important to understand the risks involved and assess whether you can afford to lose your invested capital. When trading CFDs, you do not own the underlying assets and have no rights to them. Past performance is not indicative of future results. The information provided on this website is for general informational purposes only and does not constitute investment advice, recommendation, or solicitation to engage in any investment activities. It does not take into account your personal financial circumstances, investment objectives, or risk tolerance. Any interaction with this website is an individual and voluntary action on the part of the user. The content on this website should not be construed as an invitation to enter into or acquire PU Prime’s financial services and products. Under no circumstances shall the Company be held liable for any loss or damage, in whole or in part, arising from, or in connection with, any CFD trading activities. Please review the legal documents available on our website to ensure that you fully understand the risks associated with CFD trading. If necessary, seek independent advice from qualified professionals.

Regional Restrictions: This information on this website is not intended for distribution to, or use by, any person or entity who is a citizen or resident of certain jurisdictions, including, but not limited to, Singapore, the United States, China, and jurisdictions listed on the FATF “blacklist”, and the major global sanctions lists. It is also not intended for distribution or use in any jurisdiction where such distribution or use would violate local laws or regulations.

PU Prime is a trading name for multiple licensed entities operating across different jurisdictions, each authorised to provide specific financial services in accordance with local regulations. Upon registration, you will be assigned to the entity that corresponds with your location and complies with the applicable regulatory requirements. The entity you are registered with will govern your trading activities, which will be subject to the oversight and regulations of its respective regulatory authority. While these authorities have granted a securities or investment dealer license to the respective entity, they do not endorse the products offered.

PU Prime Limited is securities dealer authorised and regulated by the Financial Services Authority of Seychelles under License No. SD050, with its registered address at CT House, Office 9A, Providence, Mahe, Seychelles.

PU Prime Ltd is an investment dealer authorised and regulated by the Financial Services Commission of Mauritius under License No. GB23202672, with registered address at Suite 201 Level 2, The Catalyst, Cybercity Ebene, Mauritius.

PU Prime (Pty) Ltd is a financial service provider authorised and regulated by the Financial Sector Conduct Authority of South Africa under FSP No. 52218, with registered address at 37 Harley Street, Ferndale, Randburg, Gauteng 2194, South Africa.

PU Prime Trading Pty Ltd is an Australian financial services licensee authorised and regulated by the Australian Securities and Investments Commission of Australia under License No. 410681, with its registered address at Suite 103, Level 1, 17 Castlereagh St, Sydney, NSW 2000, Australia. For Australian clients who have onboarded through https://www.puprime.au, the product issuer is PU Prime Trading Pty Ltd.

Finzero Cap Ltd. is registered in the Republic of Cyprus under registration number HE414308. Its registered office is located at Archiepiskopou Makariou III, 160-1st floor, 3026, Limassol, Cyprus.

We and third parties use cookies to enhance your user experience. For more information, see our Cookie Policy and Privacy Policy. By clicking "Accept", you agree to the use of cookies.