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Gold Bounces Hard into the Weekend
The $5,000 level is looming large at this point in time, as the rally on Friday has been rather impressive to say the least. Gold Futures The gold market initially fell during trading on Friday but then turned around to show signs of life as we head into the weekend. We are threatening the $5,000 level. The $5,000 level is a large round psychologically significant figure that a lot of people will be watching very closely. Because of this, I think you've got a situation where this will determine where the next couple of $100 comes from. Quite frankly, this is avery wild market at the moment, and I think that will ... (full story)
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Gold is trading more than 15% off the monthly low following last month’s 21% decline with XAU/USD approaching resistance early in the week at the 61.8% retracement near 5141. Looking for a reaction off this mark IF reached. Monthly open support rests at 4894 and is backed by the 61.8% retracement of the February range at 4667. Key support / bullish ...
From stonex.com | Feb 9, 2026
Futures positioning across metals and energy continues to shift as volatility reshapes trader behaviour. Gold and silver have seen sustained long liquidation, copper positioning has cooled without panic, and WTI crude oil stands out as net-long exposure quietly builds. With no clear sentiment extremes across most markets, traders appear more inclined to ...
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