24/7 SUPPORT
Download App
Search
Popular Search
Published: 14 August 2026,07:09
Daily Market Analysis New
Key Takeaways:
*Softer CPI and PPI data reduced expectations of a September Federal Reserve rate hike to around 35%.
*The Dollar Index remains near the 100 level, with limited momentum despite the weaker inflation data.
*Gold retreated after reaching a two-month high as investors took profits following the recent strong rally.
The US Dollar Index remained relatively subdued after retracing from resistance around 100.05, as softer-than-expected US producer inflation failed to generate a major market reaction.
July’s Producer Price Index was unchanged month-on-month, compared with expectations for a 0.2% increase, while annual PPI slowed to 4.7%. Combined with the earlier moderation in CPI, the latest data suggest that recent energy-price pressures have not translated into a significant renewed inflation surge.
The softer inflation backdrop further reduced expectations of Federal Reserve tightening. Fed funds futures now indicate only around a 35% probability of a September rate hike, down from roughly 55% a week earlier. Treasury yields also declined, keeping the broader outlook for the dollar relatively cautious despite some technical bargain buying near support.
Gold, however, did not fully benefit from the weaker dollar and lower yields. Prices retreated after recently reaching a two-month high, with profit-taking emerging following a strong rally earlier in August. Bullion also slipped below the $4,400 per troy ounce area as traders reduced positions after a busy week of US economic releases.
Nevertheless, the broader fundamental backdrop for gold remains relatively supportive. Softer inflation, weak recent employment data and reduced Fed tightening expectations lower the opportunity cost of holding non-yielding bullion. Investors will now focus on upcoming labour-market reports and the Jackson Hole Economic Policy Symposium on August 27–29 for further guidance on the Fed’s policy outlook.
Technical Analysis
GOLD, H4:
Gold prices are trading lower after breaking below both the upward trendline and the key 4,365.00 support level, confirming a bearish shift in market structure.
Momentum indicators continue to support the downside bias, with the MACD showing increasing bearish momentum and the RSI at 43 staying below the midline, suggesting that selling pressure may persist.
This double breakdown increases the likelihood of further losses, with gold potentially extending its decline toward the next support level at 4,285.00.
However, if bearish momentum begins to fade, gold may stage a technical rebound and retest the 4,365.00 level, which now acts as immediate resistance.
Resistance Levels: 4485.00, 4645.00
Support Levels: 4365.00, 4285.00
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Important Notice to Visitors
Our products and services are not offered or made available to residents of your jurisdiction. The information on this Website is not directed at persons in your jurisdiction and is not intended as an offer, solicitation, or promotion of our products or services to them.
By clicking “I Understand”, you acknowledge this notice and confirm that you are accessing this Website at your own initiative. Access to this Website does not mean that our products or services are available to you.
Important Notice
Please be advised that our products and services are currently unavailable to residents and entities located in the Philippines.
This restriction is a result of our firm commitment to adhering to applicable legal and regulatory requirements in all jurisdictions where we operate. In line with our internal compliance protocols and evolving global standards, we continuously assess and update access to our platform to ensure full regulatory alignment.
We appreciate your understanding and cooperation.
If you believe this restriction has been applied in error, please contact our support team for further assistance.
Dear Valued Client,
As part of PU Prime’s ongoing commitment to providing a stable and reliable trading environment, please be informed of the following weekly weekend scheduled optimisation activities:
We sincerely apologise for any inconvenience this may cause as we strive to provide you with better service. PU Prime is committed to providing you with the best trading experience and this Weekly Scheduled Optimisation Notice will enable us to ensure that you trade without any unexpected interruptions.
For other upgrades that may involve longer disruptions to your trading, we will announce them ahead of time in a separate announcement.
Important Notice:
Important Notice: Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on a reverse solicitation basis in accordance with the laws of your home jurisdiction.
Important Notice:
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Aviso importante:
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
