24/7 SUPPORT
Download App
Search
Popular Search
Published: 19 December 2025,07:06
Daily Market Analysis New
*Dollar index edges lower on softer-than-expected U.S. inflation data.
*Gold briefly hits record highs before a technical pullback.
*Market eyes upcoming U.S. Core PCE Price Index for further direction.
Market Summary:
The dollar index, tracking the greenback against a basket of six major currencies, slipped yesterday following the release of disappointing U.S. inflation data. The Bureau of Labor Statistics reported that annual inflation slowed to 2.7% in the latest reading, down from 3.0% previously and missing market expectations of 3.1%. This marked the slowest underlying U.S. inflation pace since early 2021, in a report affected by the recent government shutdown.
The weaker-than-expected inflation, combined with softer employment data, has reinforced concerns about the current state of the U.S. economy. Treasury yields edged lower as market expectations for Fed rate cuts gained traction, reflecting rising investor caution over near-term economic performance.
Gold, supported by the declining dollar, briefly surged to record highs before retreating, as the market digested the technical challenges of breaking long-standing resistance. The pullback is likely a technical correction, with investors weighing the softer inflation backdrop and the prospect of additional monetary easing.
Looking ahead, attention turns to the upcoming U.S. Core PCE Price Index, a key gauge of inflation closely monitored by the Federal Reserve. The release later this week could provide a crucial signal for both the dollar and gold, shaping market expectations for further Fed action.
Technical Analysis
DXY, H4:
The dollar index is trading lower following a retracement from resistance at 98.55, currently hovering near the key support level of 98.10. Market participants remain cautious ahead of today’s U.S. Core PCE Price Index release, which could provide a fresh directional catalyst.
In the short term, the index is likely to consolidate within the 98.10–98.55 range until the data is released. Technical indicators show a neutral bias: MACD is flat, and RSI at 50 sits near the midline, supporting a period of sideways movement.
A decisive breakout above 98.55 could signal a potential rebound toward 99.05, while a confirmed break below 98.10 may extend losses toward 97.55.
Resistance Levels: 98.55, 99.05
Support Levels: 98.10, 97.55
GOLD, H4:
Gold is trading lower after testing record highs, currently resting near its upward trendline. Technical indicators point to bearish pressure: MACD shows increasing bearish momentum with a death cross, while RSI at 49 sits below the midline, reinforcing the downside bias.
A confirmed breakdown below the trendline or triangle pattern could push gold toward 4,315, extending the recent correction. Conversely, if the trendline holds and momentum reverses—particularly after today’s Core PCE data—gold may rebound and challenge resistance at 4,350, with a further potential target of 4,400.
Resistance Levels: 4,350, 4,400
Support Levels: 4,320, 4,280
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Important Notice to Visitors
Our products and services are not offered or made available to residents of your jurisdiction. The information on this Website is not directed at persons in your jurisdiction and is not intended as an offer, solicitation, or promotion of our products or services to them.
By clicking “I Understand”, you acknowledge this notice and confirm that you are accessing this Website at your own initiative. Access to this Website does not mean that our products or services are available to you.
Important Notice
Please be advised that our products and services are currently unavailable to residents and entities located in the Philippines.
This restriction is a result of our firm commitment to adhering to applicable legal and regulatory requirements in all jurisdictions where we operate. In line with our internal compliance protocols and evolving global standards, we continuously assess and update access to our platform to ensure full regulatory alignment.
We appreciate your understanding and cooperation.
If you believe this restriction has been applied in error, please contact our support team for further assistance.
Dear Valued Client,
As part of PU Prime’s ongoing commitment to providing a stable and reliable trading environment, please be informed of the following weekly weekend scheduled optimisation activities:
We sincerely apologise for any inconvenience this may cause as we strive to provide you with better service. PU Prime is committed to providing you with the best trading experience and this Weekly Scheduled Optimisation Notice will enable us to ensure that you trade without any unexpected interruptions.
For other upgrades that may involve longer disruptions to your trading, we will announce them ahead of time in a separate announcement.
Important Notice:
Important Notice: Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on a reverse solicitation basis in accordance with the laws of your home jurisdiction.
Important Notice:
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Aviso importante:
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
