Gold (XAUUSD) & Silver Price Forecast: $5,250 Rejected – Will Bulls Regain Control?

Core Viewpoint - The Federal Reserve's hawkish stance is exerting downward pressure on Gold prices, while expectations of potential rate cuts and ongoing trade tensions are providing some support for Gold [1][2][3] Group 1: Federal Reserve's Influence - The January FOMC meeting minutes indicate that the Fed is cautious about cutting rates, suggesting cuts will only occur if US inflation rises significantly [1] - Fed Governor Christopher Waller mentioned that rates could remain unchanged in March if labor data is stable, highlighting the Fed's hawkish attitude impacting Gold [2] - Market expectations remain mixed, with traders pricing in three rate cuts this year, which may limit further declines in Gold prices [2] Group 2: Trade and Geopolitical Factors - Ongoing US tariffs are causing market uncertainty, potentially limiting gains in the US dollar and preventing deeper losses in Gold [3] - Geopolitical tensions, particularly concerns about a possible war in the Middle East, are sustaining high safe-haven demand for Gold, contributing to price stability [4] - Traders are currently cautious and are not ready to declare a full trend reversal in Gold prices [4]