Gold Market – Intraday View (Aug 13, 2025)
After mixed CPI data and a weaker yearly number, traders still expect a rate cut in September, which is good for gold in the bigger picture. But with the Trump–Putin meeting on Friday, the market is staying in a tight range. Some price moves could be fake before the meeting, so be careful.
Technical view:
Yesterday’s plan to sell from until $3,362 resistance protected, down to $3,331 worked well. Today, the situation is the same — if price does not break above $3,362, the market will likely stay bearish. The last strong support is at $3,328–$3,331. If this Resistance of 3362 breaks, wait for price to come back and retest it, then buy, aiming for at least 200 pips profit.
Risk note:
The market is risky now. Do not risk more than 0.5% of your capital on one trade. No trade setup is 100% certain.
Disclaimer:
This is only for education. It is not financial advice. Always do your own research before trading.