Tuesday, February 18, 2025–High Volatility Expected

Now for the lazy: Summary: Bullish Case for Gold ($2,950 - $3,000 Target): -Weak U.S. Economic Data (Retail Sales, Industrial Production, Empire State Index). -Declining Bond Yields, supporting non-yielding assets. -Stock Market Pullback, leading to risk aversion. -Dovish Fed Expectations, signaling possible rate cuts. Bearish Case for Gold ($2,870 - $2,800 Target): -Stronger-than-expected U.S. Retail Sales and Industrial Production, boosting the dollar -Strong Bond Auction Demand, leading to higher yields. -Equity Market Rally Continues, reducing demand for safe-haven assets. -Stronger U.S. Dollar, making gold more expensive for foreign buyers. President Trump plans to meet with Russian President Putin in Saudi Arabia to discuss ending the Ukraine conflict. This follows a phone call where both leaders agreed to start ceasefire talks, and preparations for the meeting are already underway. If the talks lead to peace, gold prices may drop as investors feel less need for a safe-haven asset.