{"id":23048,"date":"2025-03-28T08:11:56","date_gmt":"2025-03-28T08:11:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=17609"},"modified":"2025-03-28T08:11:56","modified_gmt":"2025-03-28T08:11:56","slug":"forex-market-analysis-28-march-2025","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/forex-market-analysis-28-march-2025\/","title":{"rendered":"Forex market analysis: 28 March 2025"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/Copy-of-Website-Article-Photos-41-1024x536.png\" alt=\"\" class=\"wp-image-17611\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Gold is rallying as trade tensions and economic risks push investors toward safe havens. With central bank policies in focus and markets bracing for potential rate cuts, gold\u2019s momentum remains strong. Here\u2019s what\u2019s driving the surge.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Gold hits record-breaking highs<\/strong><\/h2>\n\n\n\n<p>Gold prices soared to unprecedented levels on Friday, nearing USD 3,070 per ounce as rising concerns over trade tensions drove investors towards this safe-haven asset.<\/p>\n\n\n\n<p><\/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\">U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive\u2026 <a href=\"https:\/\/t.co\/WH8QSKuiGG\">https:\/\/t.co\/WH8QSKuiGG<\/a> <a href=\"https:\/\/t.co\/mZNrjHmUy3\">pic.twitter.com\/mZNrjHmUy3<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1905379499690058213?ref_src=twsrc%5Etfw\">March 27, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The surge came just ahead of the expected US tariffs, with President Trump reiterating his plan to impose a 25% tariff on foreign-made cars and auto parts \u2013 a move that risks escalating trade conflicts.<\/p>\n\n\n\n<p>This uncertainty saw traders pivot towards gold, pushing XAUUSD to peak at USD 3,077.57 during the trading session before closing at USD 3,070.32, reflecting a notable upswing.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Central bank buying, ETF demand, and Fed policy in the spotlight<\/strong><\/h2>\n\n\n\n<p>In addition to trade-related fears, gold\u2019s upward momentum was fuelled by strong inflows from central banks and increased interest in gold-backed exchange-traded funds (ETFs).<\/p>\n\n\n\n<p>This trend signals growing confidence in gold\u2019s value as economic uncertainty lingers amid trade tensions.<\/p>\n\n\n\n<p>Market participants are now eagerly awaiting the US Personal Consumption Expenditures (PCE) report for further insights into the Federal Reserve\u2019s policy direction.<\/p>\n\n\n\n<p>Although the Fed left interest rates unchanged in its recent meeting, it maintains a dovish outlook, with two potential rate cuts expected by the end of the year.<\/p>\n\n\n\n<p>This softer monetary stance, combined with ongoing geopolitical risks, continues to bolster gold\u2019s bullish outlook.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Technical analysis<\/strong><\/h2>\n\n\n\n<p>Gold gained 0.45% on the day, closing at USD 3,070.32 after opening at USD 3,056.58.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/photo_6283023472120678784_y-1024x452-1.jpg\" alt=\"\" class=\"wp-image-17610\" \/><figcaption class=\"wp-element-caption\">XAUUSD tests resistance at USD 3,070.49 after a strong rally from USD 3,012.35, as seen on the <a href=\"https:\/\/apps.apple.com\/au\/app\/vt-markets-online-trading\/id1372647263?mt=8\" target=\"_blank\" rel=\"noopener\" title=\"VT Markets app\">VT Markets app<\/a>.<\/figcaption><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>During the session, the price climbed to a high of USD 3,077.57 before retreating slightly, ending just below a key resistance level.<\/p>\n\n\n\n<p>Technical indicators confirm the bullish momentum. The short-term moving averages (MAs 5, 10, 30) remain firmly above the longer-term averages, suggesting sustained upward pressure.<\/p>\n\n\n\n<p>Meanwhile, the MACD (12, 26, 9) is expanding, with the MACD line (blue) positioned well above the signal line (yellow), further supporting the positive outlook.<\/p>\n\n\n\n<p>Key price levels to watch include immediate resistance at USD 3,070.49 and support at USD 3,056.58.<\/p>\n\n\n\n<p>Breaking above the resistance could pave the way for further gains, while a drop below the support level may signal a potential pullback or consolidation phase.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Outlook<\/strong><\/h2>\n\n\n\n<p>As gold continues to break records, the combination of trade-related concerns, geopolitical instability, and a dovish Fed stance is likely to keep upward momentum intact.<\/p>\n\n\n\n<p>However, traders should stay alert for upcoming PCE data and any shifts in Federal Reserve policy, as these factors could impact gold\u2019s safe-haven appeal in the near term.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Click <a href=\"https:\/\/www.vtmarkets.net\/trade-now\/?utm_campaign=account_c&amp;utm_source=dma&amp;utm_medium=website\" target=\"_blank\" rel=\"noopener\" title=\"here\">here<\/a> to open account and start trading.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold is rallying as trade tensions and economic risks push investors toward safe havens. With central bank policies in focus and markets bracing for potential rate cuts, gold\u2019s momentum remains strong. Here\u2019s what\u2019s driving the surge. Gold hits record-breaking highs Gold prices soared to unprecedented levels on Friday, nearing USD 3,070 per ounce as rising <a href=\"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/forex-market-analysis-28-march-2025\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":102,"featured_media":17611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[],"class_list":["post-23048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/23048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/comments?post=23048"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/23048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/media\/17611"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/media?parent=23048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/categories?post=23048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/tags?post=23048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}