Gold’s direction is tied to Fed, strong bullish momentum tied to technical studies

Kitco08-11 23:55

Gold stalled for the first time since its breakout out of the $4,000 - $4,200 range Tuesday as it made a two-month high and then reversed giving back earlier gains. August futures ended the day with a...

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August futures ended the day with a...</p>\n\n<a href=\"https://www.kitco.com/opinion/2026-08-11/golds-direction-tied-fed-strong-bullish-momentum-tied-technical-studies\">Source Link</a>\n\n</div>\n","source":"kitco_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gold’s direction is tied to Fed, strong bullish momentum tied to technical studies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold’s direction is tied to Fed, strong bullish momentum tied to technical studies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-11 23:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.kitco.com/opinion/2026-08-11/golds-direction-tied-fed-strong-bullish-momentum-tied-technical-studies><strong>Kitco</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold stalled for the first time since its breakout out of the $4,000 - $4,200 range Tuesday as it made a two-month high and then reversed giving back earlier gains. August futures ended the day with a...</p>\n\n<a href=\"https://www.kitco.com/opinion/2026-08-11/golds-direction-tied-fed-strong-bullish-momentum-tied-technical-studies\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TMF","symbol_name":"3倍做多20年期以上国债ETF-Direxion","start_time":0,"source_url":"https://www.kitco.com/opinion/2026-08-11/golds-direction-tied-fed-strong-bullish-momentum-tied-technical-studies","article_id":"2658941777","we_media_id":null,"thumbnails":[],"rights":{"source":"kitco_highlight","url":"https://www.kitco.com/opinion/2026-08-11/golds-direction-tied-fed-strong-bullish-momentum-tied-technical-studies","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2658941777","pubTimestamp":1786463700,"columns":[],"sourceInfo":{"source_id":"kitco_highlight","name":"Kitco"},"weMediaInfo":null,"summary":"Gold stalled for the first time since its breakout out of the $4,000 - $4,200 range Tuesday as it made a two-month high and then reversed giving back earlier gains. August futures ended the day with a","collect":0,"end_time":0,"defaultTopTitle":"kitco.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TMF":"3倍做多20年期以上国债ETF-Direxion","VCSH":"美国短期公司债-Vanguard","XLRI":"The Real Estate Select Sector SPDR Premium Income Fund","ZROZ":"PIMCO 25+ Year Zero Coupon U.S","BOND":"Pimco Total Return ETF","KBE":"银行指数ETF-SPDR KBW","GBIL":"Goldman Sachs Access Treasury 0-1 Year ETF","MUB":"美国市政债ETF-iShares","UDN":"做空美元指数-PowerShares","VCIT":"美国中期公司债-Vanguard","TYO":"3倍做空7-10年期国债ETF-Direxion","XBIL":"US Treasury 6 Month Bill ETF","VGLT":"美国长期国债ETF-Vanguard","RAUS":"RACWI US ETF","DBND":"DoubleLine Opportunistic Bond ETF","FAZ":"三倍做空金融ETF-Direxion","LIAJ":"LifeX 2053 Inflation-Protected Longevity Income ETF","TBIL":"US Treasury 3 Month Bill ETF","LQD":"债券指数ETF-iShares iBoxx投资级公司债","MUNX":"AMG GW&K Muni Income ETF","CIVG":"Corgi 1-5 Year Investment Grade Corporate Bond ETF","JPST":"JPMorgan Ultra-Short Income ETF","TLH":"iShares安硕10-20年国债ETF","USHY":"iShares Broad USD High Yield Corporate Bond ETF","BND":"债券指数ETF-Vanguard美国","MINT":"PIMCO Enhanced Short Maturity Exchange-Traded Fund","AGG":"债券指数ETF-iShares Barclays综合国债","OOQB":"One+One Bitcoin and Ether ETF","PBDC":"Putnam Bdc Income ETF","SHV":"美国短期国债ETF-iShares","MYCN":"SPDR SSGA My2034 Corporate Bond ETF","BIL":"债券指数ETF-SPDR Barclays美国1-3月国债","IEI":"iShares Barclays 3-7 Year Trea","NGHT":"Nicholas Bitcoin and Treasuries AfterDark ETF","SCHO":"嘉信短期美国国债ETF","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF","SHY":"债券指数ETF-iShares Barclays 1-3年国债","BSV":"短期国债指数ETF-Vanguard","GOVT":"iShares安硕核心美国国债ETF","UBT":"债券20+美国债-ProShares两倍做多","TIP":"通胀债券指数ETF-iShares Barclays","BOXX":"ALPHA ARCHITECT 1-3 MONTH BOX ETF","GOLY":"Strategy Shares Gold Enhanced Yield ETF","TBT":"债券20+美国债指数ETF-ProShares两倍做空","NEMD":"Neuberger Berman Emerging Markets Debt Hard Currency ETF","VGSH":"美国短期国债ETF-Vanguard","UUP":"美元ETF-PowerShares DB","HYG":"债券指数ETF-iShares iBoxx高收益公司债","SKRE":"TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF","EDV":"美国延期国债ETF-Vanguard"},"translate_title":"黄金的走向与美联储息息相关，强劲的看涨势头与技术研究息息相关","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NEMD":1.5,"UBT":1.5,"FAZ":1.5,"HYG":1.5,"TLTW":1.5,"KBE":1.5,"TIP":1.5,"XBIL":1.5,"SHY":1.5,"LQD":1.5,"GBIL":1.5,"VGSH":1.5,"BND":1.5,"MUB":1.5,"BOND":1.5,"BIL":1.5,"MUNX":1.5,"UDN":1.5,"TMF":1.5,"VCIT":1.5,"NGHT":1.5,"LIAJ":1.5,"TYO":1.5,"JPST":1.5,"BOXX":1.5,"MINT":1.5,"PBDC":1.5,"CIVG":1.5,"RAUS":1.5,"SKRE":1.5,"SCHO":1.5,"TBIL":1.5,"GOLY":1.5,"TLH":1.5,"VGLT":1.5,"IEI":1.5,"VCSH":1.5,"ZROZ":1.5,"AGG":1.5,"USHY":1.5,"SHV":1.5,"BSV":1.5,"GOVT":1.5,"TBT":1.5,"UUP":1.5,"DBND":1.5,"OOQB":1.5,"XLRI":1.5,"MYCN":1.5,"EDV":1.5},"content_text":"Gold stalled for the first time since its breakout out of the $4,000 - $4,200 range Tuesday as it made a two-month high and then reversed giving back earlier gains. August futures ended the day with a loss of $20.80 or 0.47% at $4,427. Other than yesterday, today’s closing price is still the highest since June 5th. The movers of gold in Tuesday’s session were based upon fundamental and technical forces, a shift from a market that recently has been driven purely of fundamentals.The play that took gold above its narrow range and its descending triangle is the same driver that has been suppressing gold’s value for months. Which is perceived future actions of the Federal Reserve. The rally ignited on Wednesday August 5th based upon slowing job growth as shown on the ADP private payroll report for the month of July released that day. A weak labor market is the only thing that would cause the Fed not to tighten amidst a period of high/rising inflation other than a catastrophe. The 44,000 jobs added in July (around half of the 70,000 estimated by analysts) along with a weak dollar allowed gold to rally by $176 a feat not seen since February. On the surface the move appeared to be sparked by shifting Fed sentiment due to a weaker labor market. Under the surface the intensity of the price spike, culminating in the largest single-day increase since February was technically based. Gold has been building energy since coming off of its all-time record this January like a spring it has been compressed further and further storing more and more energy. This kinetic force more often than not is released all at once or in a very short period. That’s exactly what occurred last Wednesday as gold broke free from its descending triangle pattern. Another way to look at it is traders who had been wanting to buy gold for months finally had justification to do so that led to liquidation of short positions that had been banking on the idea that the $4,200 ceiling would hold which added bullish momentum. This was a very welcome outcome for gold bulls as a descending triangle tends to break in the prevalent trend direction so the upside break was significant. It could very well prove to be the turning point for gold as it continued higher as it went on to gain $314 or 7.62% in only four trading days. Just as last week, Tuesday’s headlines are citing tomorrow’s release of the July CPI report as crucial for gold to continue its move to higher prices. The numbers could push gold higher, pull it lower, or have minimal affect if it doesn’t move the rate hike odds in a meaningful way. Traders should really pay attention to the technical aspects of the market in order to profit. Gold is once again just beneath a key level of resistance and as such any upside breakout has the potential to be a substantial one. Current resistance is formed by two converging technical indicators one Eastern, One Western. Tuesday’s two-month high touched upon both the upper edge of the kumo or cloud when an Ichimoku study is added to a daily chart. The intraday high also coincides with gold’s 100-day simple moving average, an indicator that gold has not been support since August 2025, when gold was trading around $3,500. Gold currently has support at $4,400 a break below that level would open the door to re-testing the $4,200 support level.All things being equal, gold’s path of least resistance is to the upside, gold bulls have not had the upper hand for quite some time. The 5 consecutive higher highs and higher lows along with a bullish MACD put gold in a good position to reach $4,600 in the near-term if the CPI comes in cool or even neutral.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2658941777","isCrawlerRequest":true}