U.S. Gold's 15min chart shows MACD Death Cross, KDJ Death Cross.

Based on the 15-minute chart for U.S. Gold, the MACD indicator has recently triggered a death cross, while the KDJ indicator has also triggered a death cross as of 09:45 on August 15, 2025. This suggests that the stock price may continue to decline, as the momentum of the stock price has shifted towards the downside and may potentially lead to further decreases in value.

Gold prices are expected to drop this week, as hotter-than-expected U.S. inflation data has dashed hopes for a significant Federal Reserve rate cut in September. The U.S. dollar index also fell, making gold less expensive for other currency holders.

On Friday, gold prices rose 0.2% to $3,340.59 per ounce, but bullion lost 1.7% for the week. U.S. gold futures for December delivery edged up 0.1% to $3,387.50. The U.S. dollar index fell 0.4%, contributing to the weaker dollar.

Independent analyst Ross Norman noted that gold's short-term inverse relationship with the U.S. dollar is being influenced by economic data and fast news on tariffs and Ukraine. The U.S. producer price index (PPI) increased by the most in three years in July, signaling inflation pressures. Weekly jobless claims also came in lower than expected, at 224,000 compared to forecasts of 228,000.

The data dampened bets that the Fed's next cut might be more than a quarter-point. U.S. consumer price data showed only a marginal increase in July, briefly boosting hopes for a large-size rate cut by the Fed. However, the recent data has shifted the market's expectations.

Geopolitical tensions, such as the upcoming meeting between U.S. President Donald Trump and Russian President Vladimir Putin, are also influencing gold prices. Investors are awaiting the outcome of this meeting.

Technical indicators also suggest a bearish trend for gold. As of 09:45 on August 15, 2025, the MACD and KDJ indicators have both triggered a death cross on the 15-minute chart for U.S. gold, suggesting a potential decline in the stock price.

References:
[1] https://www.cnbc.com/2025/08/15/gold-set-for-weekly-drop-as-us-data-dims-large-fed-rate-cut-hopes.html