Market Fundamental Analysis by RoboForex

[Vlad RF]

Gold (XAUUSD) rebounds, but the outlook remains highly uncertain

Gold (XAUUSD) prices have partially recovered and returned to 4,850 USD. The market is focused on Fed-related news and overall risk sentiment. Discover more in our analysis for 3 February 2026.

XAUUSD forecast: key trading points

• Gold (XAUUSD) is supported by a solid fundamental backdrop but shows technical sell signals
• The market still needs gold as a safe-haven asset
• XAUUSD forecast for 3 February 2026: 4,900

Fundamental analysis

Gold (XAUUSD) rose by more than 3% on Tuesday to 4,858 USD per ounce amid renewed buying activity after a sharp decline over the previous two days.

The precious metal fell by nearly 5% a day earlier, with Friday’s drop marking the largest single-day decline in more than a decade. The trigger was news that US President Donald Trump nominated Kevin Warsh as the next Federal Reserve chairman. The market perceived him as a more hawkish candidate compared to other contenders, increasing concerns about a potential tightening of monetary policy.

Read this article on RoboForex website - Gold Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

US 30 forecast: the index resumes growth

The US 30 index sees increased volatility, with the uptrend prevailing once again. The US 30 forecast for today is positive.

US 30 forecast: key trading points

• Recent data: US ISM manufacturing PMI came in at 52.6 in December
• Market impact: the data has a moderately positive impact on the stock market

Fundamental analysis

The rise in the ISM manufacturing PMI to 52.6 points, the highest level in approximately the past 40 months and well above the forecast and the previous reading, indicates a transition of the US industrial sector from contraction to expansion.

For the US 30 index, this news is generally positive. The index is heavily weighted towards real-sector companies and cyclical businesses that are sensitive to industrial conditions, domestic demand, and capital expenditures.

Read this article on RoboForex website - US 30 Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team