Gold bias flipped 2 times to weak bullish on August 16, 2026
Escalating geopolitical tensions, including major Ukrainian drone attacks and Israeli airstrikes, featured prominently in the news, while commentary on disinflation and the rate outlook also circulated. These developments matter for gold because it is often sought as a safe haven and its price is sensitive to changes in real yields and the dollar.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 2 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 23:39Bearish
- 23:57Weak bullish
Headlines (17)
First seen on August 16
- Moscow says 600 drones targeted region overnightdw.com
- Ukraine launches one of its largest aerial attacks of the war, killing at least 6 people in RussiaABC News
- Yellow Gold Stirs While Digital Gold Stays Quiescent – Week In ReviewBitcoin.com News
- Gold, Silver and a Growing Revolt Against Unsound MoneyGold Eagle
- Largest Ukrainian drone attack on Russia, Moscow says 822 drones shot downAl Jazeera
- Tether Completes Audit, Wintermute Bets on AI and High-Frequency Trading, And More – Weekly RecapBitcoin.com News
- Morgan Stanley says disinflation is here, but risks to 2027 rate outlook remainHellenic Shipping News
Carried over from earlier days
- $4,300 tested as Gold is down on profit-taking, but not outFXStreet
- Gold Gets Ahead of Itself. Forecast as of 14.08.2026LiteFinance
- BMI expects metals complex performance to remain strongMining Weekly
- Gold and Silver Crash Over $144 and $3.30: Sell Targets Achieved - What’s Next?Investing.com
- Gold Rebounds to $4,392 as Sentiment Crashes to 51 and Inflation Expectations RiseGoldSilver
- Gold gains ground as US Dollar selling picks up, Fed rate hike bets fadeFXStreet
- Gold price shakes off early profit taking after run to 10-week highMining.com
- Gold Price Outlook August 2026: What Three Data Prints in One Week Mean for Your MetalsGoldSilver
- Lebanon says 11 killed in Israeli airstrikesdw.com
- Gold Price Exclusive Update - August 15, 2026Gold Eagle
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 17 | ||
| Empire State Manufacturing Index | 10.6 | USD |
| NAHB Housing Market Index | 33 | USD |
| TIC Long-Term Purchases | 151.4B | USD |
| Tuesday, August 18 | ||
| ADP Weekly Employment Change | USD | |
| Housing Starts | 1.35M | USD |
| Import Prices m/m | 0.1% | USD |
| Building Permits | 1.37M | USD |
| Industrial Production m/m | 0.3% | USD |