{"id":22116,"date":"2026-01-18T04:05:56","date_gmt":"2026-01-18T04:05:56","guid":{"rendered":"https:\/\/lotayamedia.xyz\/?p=22116"},"modified":"2026-01-18T04:05:56","modified_gmt":"2026-01-18T04:05:56","slug":"gold-price-forecast-will-powell-nfp-data-drive-this-weeks-trend-2","status":"publish","type":"post","link":"https:\/\/lotayamedia.xyz\/?p=22116","title":{"rendered":"Gold Price Forecast: Will Powell & NFP Data Drive This Week\u2019s Trend?"},"content":{"rendered":"

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Gold prices fell over 2% last week as traders weighed Fed caution, mixed inflation signals, and renewed tariff uncertainties. With Fed Chair Powell\u2019s testimony and the U.S. Non-Farm Payrolls (NFP) report ahead, will gold recover or extend losses?<\/p>\n

Key Factors Impacting Gold Prices This Week
\n1. Fed Rate Cut Expectations Fade Despite Cooling Inflation
\nCore PCE inflation eased to 2.1% YoY in April, slightly below forecasts (2.2%).<\/p>\n

Powell maintains cautious stance, signaling no rush to cut rates despite softening price pressures.<\/p>\n

September rate cut odds slip as strong economic data reduces urgency for Fed easing.<\/p>\n

2. Strong U.S. Dollar & High Yields Weigh on Gold Demand
\nDollar Index (DXY) up 0.3% last week, pressuring gold\u2019s appeal for foreign buyers.<\/p>\n

10-year Treasury yields near 4.42%, reducing gold\u2019s attractiveness as a non-yielding asset.<\/p>\n

3. Tariff Uncertainty Adds Volatility
\nTrump\u2019s proposed tariffs face legal battles, creating market uncertainty.<\/p>\n

Potential 15% tariffs under 1974 Trade Act could reignite safe-haven gold demand if implemented.<\/p>\n

4. Mixed Physical Gold Demand Trends
\nIndian demand slows as wedding season ends and local prices stay elevated.<\/p>\n

Swiss gold imports surge (63 metric tons in April), signaling strong European interest.<\/p>\n

Chinese & Indian imports lag behind last year\u2019s levels.<\/p>\n

Gold Price Forecast: Cautiously Bullish Outlook
\nTechnical Levels to Watch
\nSupport: $3,166 (short-term), $3,018 (intermediate)<\/p>\n

Resistance: Record high at $3,500<\/p>\n

Long-term trend remains bullish, with the 52-week MA holding at $2,745.<\/p>\n

Upcoming Catalysts
\nFed Chair Powell\u2019s testimony (Market impact: High)<\/p>\n

U.S. Non-Farm Payrolls (NFP) report (Friday)<\/p>\n

Any new tariff developments<\/p>\n

Final Thoughts
\nWhile gold faces near-term pressure from a strong dollar and Fed hesitation, long-term bullish factors remain:
\n\u2714\ufe0f Geopolitical risks & tariff uncertainty
\n\u2714\ufe0f High U.S. debt levels
\n\u2714\ufe0f Potential Fed rate cuts later in 2024<\/p>\n

Traders should watch Powell\u2019s comments and NFP data for clues on gold\u2019s next major move.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold prices fell over 2% last week as traders weighed Fed caution, mixed inflation signals, and renewed tariff uncertainties. With …<\/p>\n","protected":false},"author":1,"featured_media":22109,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"","rank_math_description":"","rank_math_focus_keyword":"","rank_math_keywords":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-22116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/posts\/22116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22116"}],"version-history":[{"count":1,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/posts\/22116\/revisions"}],"predecessor-version":[{"id":22117,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/posts\/22116\/revisions\/22117"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/media\/22109"}],"wp:attachment":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}