24/7 SUPPORT
Download App
Search
Popular Search
Published: 16 September 2026,01:30
Daily Market Analysis New
*Markets are heavily pricing a 25-basis-point Fed rate hike at today’s FOMC meeting.
*Stronger US CPI, PPI and employment data have reinforced expectations for tighter monetary policy.
*The US 10-year Treasury yield briefly climbed above 5%, its highest level since 2007.
The Dollar Index continued to strengthen ahead of today’s Federal Reserve policy decision as investors increasingly positioned for another increase in US interest rates.
Recent stronger-than-expected inflation and employment data, combined with elevated crude oil prices, have significantly changed expectations for Fed policy. Interest-rate futures are now pricing roughly a 90%–92% probability of a 25-basis-point hike, compared with around 59% a week earlier.
The repricing has triggered another sharp rise in Treasury yields. The benchmark 10-year yield briefly moved above 5%, reaching its highest level since 2007, as persistent inflation, heavy bond issuance and expectations for tighter Fed policy pressured the Treasury market.
Higher yields have provided additional support for the dollar by increasing the relative attractiveness of dollar-denominated assets.
Gold, meanwhile, remained under pressure ahead of the Fed decision. A stronger dollar and elevated Treasury yields continue to create a difficult backdrop for the non-yielding metal, despite ongoing geopolitical uncertainty.
The Fed’s forward guidance will now be as important as the rate decision itself. A 25 bp hike accompanied by a hawkish outlook could provide further support for the dollar and pressure gold, while a more cautious message on future tightening could trigger profit-taking in the dollar and allow bullion to recover.
GOLD, H4:
Gold prices are trading lower after breaking below the previous 4,305.00 support level, signaling a bearish shift in short-term structure.
Momentum indicators remain tilted to the downside, with the MACD showing diminishing bullish momentum and the RSI at 47 staying below the midline. This suggests that gold may have a higher chance of extending its losses if selling pressure persists.
If bearish momentum continues, gold could extend its decline toward the next support level at 4,190.00, followed by 4,085.00 if downside pressure strengthens.
However, if bearish momentum begins to fade, gold may stage a technical rebound and retest the 4,305.00 resistance level, followed by 4,445.00 if recovery momentum improves.
Resistance Levels: 4305.00, 4445.00
Support Levels: 4190.00, 4085.00
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.
