SmartPips
08/03/2026
China: Inflation and trade data support modest recovery β ING
ING economists Lynn Song and Min Joo Kang expect Chinaβs February CPI inflation to pick up to 1.0% year-on-year, mainly due to Lunar New Year effects, while the impact of higher Oil prices should appear later. They also project solid growth in exports and imports over the first two months, resulting in a larger trade surplus.
Lunar New Year to lift CPI
"China will release its CPI inflation data for February next Monday. We are expecting CPI to rise to 1.0% year-on-year thanks to a boost from the Lunar New Year effect. The impact of higher oil prices from the Middle East conflict likely won't be seen until the March data."
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18/02/2026
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18/02/2026
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SmartPips
03/02/2026
β
Gold (XAUUSD) β Market Overview π
Gold remains in a clear bearish structure, with price respecting a series of lower highs and lower lows. The market continues to trade below key moving averages, confirming that sellers are still in control.
Recent upside movements should be viewed as technical pullbacks, as price has failed to break any significant structural highs. Each recovery has been capped by supply zones and dynamic resistance, followed by visible rejection.
π Outlook:
Primary bias remains bearish, favoring sell setups on retracements into resistance.
Any bullish move at this stage is counter-trend and suitable only for short-term trades.
β οΈ As long as price stays below key resistance, patience and structure take priority over prediction.
The market is still unstable, you don't force trades you decide trades Goodday
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