Fundamental OverviewLast week, despite the higher-than-expected inflation figures and a less dovish Powell, the market’s pricing remained largely unchanged at three rate cuts by the end of 2025.This might be a signal that the market is now fine with the current pricing, and we will need stronger reasons to price out the remaining rate cuts. This opened the door for some pullback with gold rising above key technical levels.In the bigger picture, gold remains in a bullish trend as real yields will likely continue to fall amid the Fed’s easing cycle, but the short-term corrections will be triggered by a repricing in rate cuts expectations. Gold Technical Analysis – Daily TimeframeOn the daily c
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