🥇 Gold continues recovery

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Gold continues recovery move started after a failed attempt of breaking below a key support at $1,680. Precious metal is trading higher for the third day in a row as lower yields allow gold to catch a breath. Gold may become more active in the early afternoon when ECB announces its monetary policy decision (decision - 12:45 pm GMT, press conference - 1:30 pm GMT). ECB members have recently talked down yields and gold may receive a boost if words are followed by actions today.

From a technical point of view, the nearest resistance to watch can be found at $1,752 - the upper limit of local 1:1 market geometry. Key resistance marked by the upper limit of the large Overbalance structure can be found at $1,870.

Source: xStation5

11 February 2026, 1:15 PM

Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report

11 February 2026, 12:29 PM

📈 Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30

11 February 2026, 7:57 AM

Silver rallies 3% 📈 A return of bullish momentum in precious metals?

10 February 2026, 6:47 PM

Daily summary: Weak US data drags markets down, precious metals under pressure again!

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