I CFD sono strumenti altamente speculativi e a leva. Il trading di CFD comporta un elevato rischio per il capitale. Gli investitori devono assicurarsi di possedere conoscenze adeguate dei mercati o richiedere una consulenza finanziaria indipendente prima di effettuare operazioni.

Torna a Daily Market Update

Daily Market Update

GOLD HITS TWO-MONTH HIGH ABOVE $4,400 AS FED BETS SHIFT

Gold climbs above $4,400 as markets reassess Federal Reserve rate expectations, while upcoming US inflation data and key technical levels shape the XAU/USD outlook.

Daily Market Update August 11, 2026

GOLD HITS TWO-MONTH HIGH ABOVE $4,400 AS FED BETS SHIFT

GOLD HITS TWO-MONTH HIGH ABOVE $4,400 AS FED BETS SHIFT

Gold extended its advance for a third consecutive session on Tuesday, climbing above $4,400 during Asian trading and reaching its highest level since June 5.

The move followed weaker US employment data released last Friday, which reduced expectations of further Federal Reserve tightening. Lower expectations for higher interest rates have provided support for non-yielding assets such as Gold.

However, markets continue to price the possibility of at least one Federal Reserve rate increase in 2026. US Treasury yields and movements in the US Dollar therefore remain important factors for XAU/USD as investors reassess the outlook for monetary policy.

Attention now turns to US inflation data, with the Consumer Price Index due Wednesday and the Producer Price Index due Thursday. These releases may influence expectations for the Federal Reserve’s future policy path and, in turn, short-term movements in the US Dollar and Gold.

From a technical perspective, XAU/USD has moved above the 100-day SMA at $4,389 and the 50.0% Fibonacci retracement near $4,406. The next upper technical references identified in the supplied analysis are the 200-day SMA at $4,498, the 61.8% retracement at $4,515, and the broader 78.6% level near $4,669.

On the lower side, $4,406 and $4,389 remain the nearest technical references. Additional levels are located near the 38.2% retracement at $4,297 and the 23.6% retracement at $4,162, while the broader cycle low is identified around $3,945.

Market participants will continue to monitor US inflation and Federal Reserve expectations, with the $4,389–$4,515 area providing important near-term technical references for XAU/USD.

⚠️ Risk warning: Trading forex and CFDs involves significant risk and may not be suitable for all investors. You may lose all of your invested capital. Please ensure you fully understand the risks before trading. Past performance is not indicative of future results.

Condividi questo articolo

Altri contenuti di Daily Market Update

EUROZONE PMI FALLS TO 51.9 AS EUR/GBP HITS FRESH LOWS

Daily Market Update

EUROZONE PMI FALLS TO 51.9 AS EUR/GBP HITS FRESH LOWS

The Eurozone’s preliminary composite PMI fell to 51.9 in October from 53.1 in September, missing expectations of 52.7 as services and manufacturing activity slowed. Rising energy costs and concerns over France’s fiscal outlook added pressure on the Euro. Meanwhile, the UK composite PMI rose to 53.1, supporting Sterling and contributing to EUR/GBP reaching an 18-month low.

GOLD FALLS BELOW $4,000 FOR THE FIRST TIME SINCE JULY AS YIELDS AND USD WEIGH

Daily Market Update

GOLD FALLS BELOW $4,000 FOR THE FIRST TIME SINCE JULY AS YIELDS AND USD WEIGH

Gold falls below $4,000 per ounce for the first time since July as elevated US Treasury yields, a firm Dollar and expectations of further Fed tightening weigh on prices. Equity market sell-offs have also triggered bullion selling, while central bank demand and ETF inflows continue to support gold's longer-term outlook. Markets now focus on the Fed's October 28 decision for clues on the metal's next move.

SNB SAYS INCREASED WILLINGNESS TO INTERVENE NO LONGER NECESSARY

Daily Market Update

SNB SAYS INCREASED WILLINGNESS TO INTERVENE NO LONGER NECESSARY

The Swiss National Bank maintains its policy rate at 0% and says a higher willingness to intervene in foreign exchange markets is no longer necessary. The Swiss Franc depreciated around 3% on a trade-weighted basis between June and September, easing overall monetary conditions. With headline inflation at 0.8% and the 2026 GDP growth forecast upgraded to 1.5%–2.0%, the SNB expects price stability to remain intact over its forecast horizon.

FRENCH YIELDS TOP 5% FOR FIRST TIME SINCE 2002 AS MOODY’S REVIEW LOOMS

Daily Market Update

FRENCH YIELDS TOP 5% FOR FIRST TIME SINCE 2002 AS MOODY’S REVIEW LOOMS

EUR/USD trades just below 1.1250 as French 10-year government bond yields exceed 5% for the first time since 2002, adding pressure on the Euro ahead of Moody’s credit rating review. Markets are monitoring Eurozone and US PMI data, ECB and Fed rate expectations, and key technical levels, with resistance at 1.1250 and support at 1.1200, 1.1150 and 1.1100.

UK CPI HITS 3.5%: CORE AND SERVICE INFLATION ALSO ACCELERATE

Daily Market Update

UK CPI HITS 3.5%: CORE AND SERVICE INFLATION ALSO ACCELERATE

UK inflation accelerated to 3.5% in September, exceeding the 3.4% forecast. Core CPI rose to 2.8%, while services inflation increased to 3.7%, reinforcing expectations that the Bank of England may maintain a restrictive policy stance. Markets are monitoring persistent inflation pressures and the outlook for further rate tightening.

DXY GIVES BACK EARLY GAINS AS AI RISKS KEEP USD UNDER PRESSURE

Daily Market Update

DXY GIVES BACK EARLY GAINS AS AI RISKS KEEP USD UNDER PRESSURE

The US Dollar Index trades near 101.80 after retreating from an intraday high of 102.01, as concerns over the AI investment cycle weigh on the Dollar. Markets are monitoring French 10-year bond yields near 4.85%, Fed rate expectations and technical support at 101.65, with the RSI at 57 indicating that bullish momentum remains above neutral.

GBP/USD REBOUNDS FROM YTD LOW TO FRESH MONTHLY HIGH

Daily Market Update

GBP/USD REBOUNDS FROM YTD LOW TO FRESH MONTHLY HIGH

GBP/USD climbs to a fresh monthly high near 1.3325 after recovering from its 1.3135 year-to-date low. Weaker US Treasury yields, expectations for the Fed to hold rates and stronger UK GDP data support the pair. Traders are monitoring resistance at 1.3343, 1.3406 and 1.3468, with initial support near 1.3265.

WARSH WON’T PRE-JUDGE OCTOBER OR DECEMBER AS DXY SLIPS TO 101.82

Daily Market Update

WARSH WON’T PRE-JUDGE OCTOBER OR DECEMBER AS DXY SLIPS TO 101.82

The US Dollar Index slips to 101.82 as Fed Chair Kevin Warsh leaves the October and December policy decisions open. Markets will monitor inflation, employment, economic output and further Fed communication for clues on the US Dollar’s near-term direction.

Come attivare l'opzione senza swap: rapido e trasparente

L'attivazione è sempliceContattaci e il nostro team dedicato si occuperà del resto. Nessuna documentazione cartacea, nessun passaggio nascosto: solo una richiesta semplice.
Come attivare l'opzione senza swap?Contatta il nostro team tramite chat o email. Verificheremo la tua idoneità e, una volta confermata, attiveremo lo stato senza swap sul tuo conto.