Gold's Volatile Ride in February 2026
On February 10, 2026, the gold market is at a strange turn. After reaching $5,000 per ounce in the last few days, there is now some stability in the price of gold. Investors are still searching for answers to whether the $5,000 level has become a strong support, or if it was a temporary peak after which a pullback could occur. The uncertainty in the global market and fears of inflation had given gold strength last week, but now this momentum has slowed down.
Key Factors to Watch
Currently, the market is focused on the next moves of the US Federal Reserve. If interest rates rise, it could put pressure on gold, as the dollar will strengthen. However, if geopolitical tensions increase (such as in the Middle East or Eastern Europe), the demand for gold could spike immediately. Traders should keep an eye on the levels of $4,950 and $5,050. A break of these levels will determine the next trend of gold.
Expert Outlook
Some analysts believe that gold is still bullish in the long term, especially if economic instability continues. However, short-term traders should be prepared for volatility. Profit booking pressure can come at any time.
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