Gold Daily | Gold Holds Steady on Fed Rate Cut Hopes Amid Economic Uncertainty and Trade Tensions
Generated by AI AgentAinvest Market Brief
Monday, Sep 15, 2025 8:01 am ET1min read
Aime Summary【Latest Gold Price and Recent Trends】
Gold prices held steady around $3,642.65, supported by expectations of a likely Federal Reserve rate cut this week. Recent trends showed a 1.6% rise last week, hitting a historic high of $3,673.95 on Tuesday. The rise was influenced by weak Chinese economic data, increasing expectations of stimulus measures, and limited progress in U.S.-China trade talks. A strong dollar and profit-taking are capping gains.
【Technical Analysis】
Gold remains in a high-level consolidation on the daily chart with buyers cautious due to an RSI at 77, indicating overbought conditions. Key resistance is at the historical high of $3,675, with further resistance at $3,700 and $3,750. Support lies at $3,600, and a break could lead to $3,578 and possibly $3,550.
【Market Sentiment and Economic Background】
Market sentiment is influenced by the expected Federal Reserve rate cut, with a 25 basis point reduction widely anticipated. Speculation of a 50 basis point cut is also present. Economic uncertainties and robust gold demand are driving record levels in gold ETFs, with U.S. ETF assets reaching a historic $215 billion. Weak U.S. labor data and fears of a recession are bolstering gold prices. The ongoing U.S.-China talks, along with retail sales data, are key focus areas for traders.
【Analyst Opinions】
Tim Waterer suggests that profit-taking and a strong dollar pressure gold, though the long-term bullish outlook remains. Giovanni Staunovo of UBSUBS-- sees strong demand potentially driving prices to $3,900 by mid-2026. The technical overbought status may prompt further consolidation before a potential upward move.
Gold prices held steady around $3,642.65, supported by expectations of a likely Federal Reserve rate cut this week. Recent trends showed a 1.6% rise last week, hitting a historic high of $3,673.95 on Tuesday. The rise was influenced by weak Chinese economic data, increasing expectations of stimulus measures, and limited progress in U.S.-China trade talks. A strong dollar and profit-taking are capping gains.
【Technical Analysis】
Gold remains in a high-level consolidation on the daily chart with buyers cautious due to an RSI at 77, indicating overbought conditions. Key resistance is at the historical high of $3,675, with further resistance at $3,700 and $3,750. Support lies at $3,600, and a break could lead to $3,578 and possibly $3,550.
【Market Sentiment and Economic Background】
Market sentiment is influenced by the expected Federal Reserve rate cut, with a 25 basis point reduction widely anticipated. Speculation of a 50 basis point cut is also present. Economic uncertainties and robust gold demand are driving record levels in gold ETFs, with U.S. ETF assets reaching a historic $215 billion. Weak U.S. labor data and fears of a recession are bolstering gold prices. The ongoing U.S.-China talks, along with retail sales data, are key focus areas for traders.
【Analyst Opinions】
Tim Waterer suggests that profit-taking and a strong dollar pressure gold, though the long-term bullish outlook remains. Giovanni Staunovo of UBSUBS-- sees strong demand potentially driving prices to $3,900 by mid-2026. The technical overbought status may prompt further consolidation before a potential upward move.
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PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
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