empty
27.02.2025 12:27 PM
XAU/USD. Analysis and Forecast

This image is no longer relevant

Gold continues to trade lower today, falling to a two-week low around $2,880. A modest increase in U.S. Treasury yields is strengthening the U.S. dollar, helping it rebound from its lowest level since December 10.This factor, combined with positive sentiment in the stock markets, is weighing on the precious metal.

However, uncertainty surrounding U.S. President Donald Trump's tariff plans and concerns over a potential trade war are forcing bearish traders to be cautious and seek confirmation that gold has reached its short-term peak as a safe-haven asset. On the other hand, expectations of further interest rate cuts by the Federal Reserve, amid signs of a slowing U.S. economy, may limit gold's downside potential.

For XAU/USD to gain new momentum, traders should wait for upcoming U.S. economic data releases today.

Technical Outlook

The $2,888 level acts as immediate support, followed by the $2,860–$2,855 zone. If gold fails to hold these support levels, it could become vulnerable to further declines, targeting $2,834 and the psychological support at $2,800.

This image is no longer relevant

Conversely, any upward movement above the nearest resistance at $2,920 may attract sellers near that level.

A sustained breakout above $2,920 would open the door for further gains toward horizontal resistance at $2,950–$2,955 or even a retest of the record high reached earlier this week.

Additionally, oscillators on the daily chart remain in positive territory, suggesting bullish potential in the medium term.

Irina Yanina,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

Bank of Japan Plans To Raise Rates Further

Despite the Bank of Japan's plans to continue raising interest rates, the yen is currently heading in a very different direction. During his speech today, Bank of Japan Governor Kazuo

Jakub Novak 11:32 2025-05-27 UTC+2

Christine Lagarde Believes in the Euro

The European currency showed little reaction yesterday to a speech by European Central Bank President Christine Lagarde, who stated that the unpredictable policies of President Donald Trump present an excellent

Jakub Novak 11:19 2025-05-27 UTC+2

Markets Anxiously Await U.S. Senate Debate on Increased Government Spending (Possible Limited Decline in GBP/USD and Gold Prices)

The U.S. dollar remains under pressure. What's next, and what are its prospects? The trade war initiated by Donald Trump has significantly damaged the reputation of the U.S. dollar, which

Pati Gani 09:53 2025-05-27 UTC+2

GBP/USD Overview – May 27: The British Pound Remains Stable

The GBP/USD currency pair continued its upward movement on Monday. It is important to point out that the situation with the euro is rather complex and unstable. The euro

Paolo Greco 08:03 2025-05-27 UTC+2

EUR/USD Overview – May 27: The President Spoke, Then Changed His Mind

On Monday, the EUR/USD currency pair resumed its upward movement as soon as the market opened. The recent decline of the U.S. dollar last week was again caused

Paolo Greco 08:03 2025-05-27 UTC+2

What to Pay Attention to on May 27? A Breakdown of Fundamental Events for Beginners

Very few macroeconomic reports are scheduled for Tuesday. Germany will release the Consumer Sentiment Index, while in the U.S., the report on Durable Goods Orders will be published. The latter

Paolo Greco 06:25 2025-05-27 UTC+2

Complete Uncertainty: EUR/USD Outlook

In the eurozone, political issues have once again become a top priority. On May 24, U.S. President Trump announced plans to impose a 50% tariff on all goods from

Kuvat Raharjo 00:23 2025-05-27 UTC+2

The Dollar Is in Panic

Everything has become tangled in the international currency market. A few months ago, doubts among Federal Reserve officials about the need to resume monetary easing in September—coupled with confidence from

Marek Petkovich 00:23 2025-05-27 UTC+2

The Dollar Remains Too Weak

The latest CFTC report published on Friday showed that the U.S. dollar sell-off has stopped, but at the same time, the accumulated short position against major currencies remains significant

Kuvat Raharjo 16:10 2025-05-26 UTC+2

USD/CAD. Analysis and Forecast

The USD/CAD pair continues to decline, falling below the 1.3700 level and reaching its lowest level since October 2024. This movement is driven by the overall weakening of the U.S

Irina Yanina 16:00 2025-05-26 UTC+2
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.