Gold: Will US CPI da...from Hina Malik

11 Mar 2026, 14:04 · Views 89

Gold: Will US CPI data propel buyers? gold extends the recovery from the $5,000 area early Wednesday on falling oil prices. The USDollar turns south again as risk sentiment remains in a sweeter spot, with focus on US CPI data. Technically, Gold closed Tuesday above 61.8% Fibo level at $5,141; is more upside on the cards?

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Hina Malik

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⏩ #XAUUSD #Gold #Forex ⏩Financial Consultant ??? “Trading my way to financial freedom ??”

#goldprice Forecast: #XAUUSD buyers refuse to give up yet as #MiddleEastWar widens #gold rebounds early Friday, as bargain-hunting persists with no end in sight for the Iran war. The #USDollar consolidates weekly gains amid #SafeHaven flows, ahead of US data. Technically, Gold retakes 21-day #support-turned-#resistance; #RSI remains #bullish. #GDP #employment #unemployment #JOLTS

Hina Malik

Gold looks vulnerable on #hawkish Fed expectations, #USDollar demand #gold consolidates in monthly lows around $5,000 early Tuesday, as focus shifts to the Fed policy verdict. The US Dollar finds fresh haven demand as the #MiddleEastWar drags on; #StraitOfHormuz reopening hopes fade. Technically, Gold eyes a sustained break below the 50-day #SMA at $4,965 as #RSI stays #bearish.

Hina Malik

#canada #CPIM set to show cooling inflation, still slightly above #boctarget Canadian #inflation is expected to rise by 2.1% YoY in February. The #corecpi is still seen well above the BoC’s 2% target. The #CanadianDollar remains on the defensive vs. the #USDollar.

Hina Malik

#japan starts release of #oil from #reserves as #war snarls flows – Amidst the closure of the #StraitOfHormuz due to the ongoing war in the #middleeast involving the #UnitedStates (US), #Israel, and #iran, Japan has started releasing oil from its #ENERGYRESERVES. The #JapaneseGovernment said in a statement posted in the official gazette on Monday that it will start lowering the country’s strategic holdings from March 16 to April 15. There will be a temporary formula for calculating the required volume, the government added. #cpimnews

Hina Malik