{"id":36557,"date":"2025-12-11T12:40:40","date_gmt":"2025-12-11T04:40:40","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=36557"},"modified":"2025-12-11T12:40:40","modified_gmt":"2025-12-11T04:40:40","slug":"gold-slips-divided-fed-tempers-rate-cut-hopes","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/gold-slips-divided-fed-tempers-rate-cut-hopes\/","title":{"rendered":"Gold Slips, Divided Fed Tempers Rate Cut Hopes"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/download-14-1024x559.png\" alt=\"\" class=\"wp-image-20953\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Spot gold eases to $4,216 as Fed hints at slower easing cycle<\/li>\n\n\n\n<li>Divided FOMC vote and Powell\u2019s vague guidance weigh on momentum<\/li>\n\n\n\n<li>MACD shows fading bullish pressure after recent spike toward $4,380<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>Gold prices cooled on Thursday, retreating from recent highs after the Federal Reserve\u2019s latest policy decision offered fewer dovish surprises than markets had hoped.<\/p>\n\n\n\n<p>While the central bank cut rates by <strong>25 basis points<\/strong>, the move was marred by a <strong>deeply divided FOMC vote<\/strong>, adding uncertainty to the path of future easing.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">&quot;We certainly expect more cuts once the next chair, who will presumably be significantly more dovish than Chair Powell, is in place,&quot; Nomura chief economist David Seif says. &quot;We would expect two fairly quick cuts under the new Fed chair.&quot; <a href=\"https:\/\/t.co\/eWEaMwA2Jr\">pic.twitter.com\/eWEaMwA2Jr<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1998837105657557431?ref_src=twsrc%5Etfw\">December 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The Fed\u2019s statement struck a cautious tone, with Chair Jerome Powell offering <strong>no forward guidance<\/strong> on the timing of further rate cuts.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Fed Chair Jerome Powell said Trump&#39;s tariffs are the main factor behind inflation exceeding the central bank&#39;s 2% goal, describing them as a one-time price increase <a href=\"https:\/\/t.co\/A4Jgod7jBW\">https:\/\/t.co\/A4Jgod7jBW<\/a> <a href=\"https:\/\/t.co\/27RRChNFxR\">pic.twitter.com\/27RRChNFxR<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1998954643037323302?ref_src=twsrc%5Etfw\">December 11, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Although most policymakers still expect another reduction in 2026, the split vote and concerns around persistent inflation have blunted risk appetite in the precious metals space.<\/p>\n\n\n\n<p>Spot gold <strong>fell 0.2% to $4,216.07<\/strong>, despite touching a one-week high earlier in the session. February futures briefly ticked higher, but lacked follow-through as the market absorbed the implications of a Fed that may pause again if labour and inflation data remain sticky.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Job openings ticked slightly higher in October, surpassing economists\u2019 expectations, government data released on Tuesday showed. <a href=\"https:\/\/t.co\/Oty6BI9H7s\">https:\/\/t.co\/Oty6BI9H7s<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1998937295194313154?ref_src=twsrc%5Etfw\">December 11, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>Gold is currently trading at <strong>$4,216.07<\/strong>, down <strong>0.29%<\/strong> on the day, as price action continues to consolidate beneath the <strong>late October all-time high of $4,381.32<\/strong>.<\/p>\n\n\n\n<p>Despite the minor pullback, gold remains in a clear long-term uptrend, holding well above the 30-day moving average.<\/p>\n\n\n\n<p>Since its explosive rally from <strong>$3,120 in June<\/strong>, gold has climbed over <strong>$1,200<\/strong> in under six months, powered by a weakening USD, global macro uncertainty, and increasing dovish bets on the Fed.<\/p>\n\n\n\n<p>Currently, price is compressing within a tightening range just above <strong>$4,200<\/strong>, suggesting <strong>bullish consolidation<\/strong> rather than reversal.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/image-18-1024x449.jpg\" alt=\"\" class=\"wp-image-36558\" \/><\/figure>\n\n\n\n<p>The <strong>MACD<\/strong> remains flat but above the zero line, signalling a pause in momentum rather than a trend change. The moving averages (5, 10, 30) are still in bullish alignment, though losing slope.<\/p>\n\n\n\n<p>Key short-term support lies at <strong>$4,100<\/strong>, followed by stronger structural support at <strong>$3,950<\/strong>. Immediate resistance is at <strong>$4,260<\/strong>, with the all-time high at <strong>$4,381<\/strong> serving as the next major upside target.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The surge in gold prices is driving a rapid expansion in informal and unregulated gold mining that is often illegal and ecologically destructive, according to the World Gold Council <a href=\"https:\/\/t.co\/aNEgZb6Qrz\">https:\/\/t.co\/aNEgZb6Qrz<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1998766349565239451?ref_src=twsrc%5Etfw\">December 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Unless we see a close below <strong>$4,100<\/strong>, the broader uptrend remains intact. A breakout above <strong>$4,260\u20134,300<\/strong> could trigger renewed buying toward a fresh all-time high.<\/p>\n\n\n\n<p>Market participants will be watching closely for inflation data and Fed language ahead of the next FOMC meeting, which could spark volatility in bullion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Forecast<\/h2>\n\n\n\n<p>With the Fed treading lightly and Powell offering few cues, gold may stay range-bound in the near term. Prices could test support near $4,180 before attempting another move higher, but a strong catalyst will be needed to break beyond the recent top.<\/p>\n\n\n\n<p><strong>Learn more about trading <a href=\"https:\/\/www.vtmarkets.com\/precious-metals\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Precious Metals<\/a> on <a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">VT Markets<\/a> today.<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XAUUSD pulls back from one-week high as Fed signals cautious path ahead. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":20953,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[6,13],"class_list":["post-36557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-gold","tag-precious-metals"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/36557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=36557"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/36557\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/20953"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=36557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=36557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=36557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}