Market Fundamental Analysis by RoboForex

[Vlad RF]

Inflation weighs on gold: XAUUSD could fall below 4,000 again

Rising government bond yields are making dollar-denominated assets more attractive than gold, which does not generate interest income. Prices currently stand at 4,059 USD.

XAUUSD forecast: key takeaways

• The Consumer Price Index (CPI) rose by 0.4% month-on-month, above expectations of 0.3%, while the core CPI increased by 0.3% against a forecast of 0.2%
• The probability of a Federal Reserve interest rate hike in December rose to around 90%
• XAUUSD forecast for 11 November 2026: 3,800

Fundamental analysis

Gold prices came under significant pressure following the release of US macroeconomic data. The key event was the publication of October consumer inflation figures. The CPI rose by 0.4% month-on-month, exceeding expectations of 0.3%, while core CPI increased by 0.3% against a forecast of 0.2%.

Changing expectations for the Federal Reserve's future monetary policy are putting additional pressure on the precious metal.

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]

Silver holds its ground against the dollar: can XAGUSD defend 51 USD?

XAGUSD quotes are testing a key support area near 51 USD amid a strong dollar, elevated US Treasury yields, and growing expectations of further Federal Reserve interest rate hikes.

XAGUSD forecast: key takeaways

• Higher-than-expected US inflation strengthened expectations of further Federal Reserve interest rate hikes and pushed the 10-year US Treasury yield above 5%
• Markets have fully priced in a December rate hike, with around an 88% probability of a 25-basis-point hike and a 12% probability of a 50-basis-point increase
• XAGUSD forecast for 12 November 2026: 53.71

Fundamental analysis

Silver is showing resilience despite an unfavourable macroeconomic backdrop. In the previous session, XAGUSD managed to gain ground even as US bond yields and the dollar rose, signalling sustained demand for the metal following its recent decline.

US inflation in October was higher than expected. Headline CPI rose by 0.4% month-on-month, above a forecast of 0.3%, while core CPI increased by 0.3%, compared to expectations of 0.2%.

Read this article on RoboForex website - Silver 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]

EURUSD slumps towards 1.1050: inflation once again supports the dollar

The EURUSD rate is falling for the fourth consecutive session and testing a key support level at 1.1044 amid a stronger dollar, elevated US inflation, and growing expectations of further Federal Reserve interest rate hikes.

EURUSD forecast: key takeaways

• High US inflation strengthened expectations of a Federal Reserve interest rate hike in December and bolstered the dollar
• Rising oil prices following fresh hawkish statements from the US on Iran are once again increasing inflation risks
• EURUSD forecast for 13 November 2026: 1.1000

Fundamental analysis

The EURUSD rate is falling for the fourth consecutive session and is currently trading at 1.1058. The pair remains under pressure as the dollar strengthens following higher-than-expected US inflation and growing expectations of further Federal Reserve monetary policy tightening.

The CPI data released earlier this week fuelled expectations of a December interest rate hike. Federal Reserve official Christopher Waller suggested that a 50-basis-point increase could be possible if core inflation remains elevated.

Read this article on RoboForex website - EURUSD 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