FXStreet analyst Petar Jaćimović flags a clear rejection of near-term support in the gold market, a technical cue that opens a tactical upside window with direct implications for inventory valuation, hedging cost and margins for U.S. retailers and bullion investors.
- Price: Spot gold ~ $2,100/oz (approx.; market quote at time of analysis)
- Purity: 24K (standard bullion fineness)
- Market: COMEX / XAU/USD
- Date: Dec 9, 2025 — analysis and video from FXStreet (Petar Jaćimović)
The Context
The rejection of a defined support band — presented visually in the FXStreet video — is a technical event, not a rhetorical one. In 2025 the market for physical gold is increasingly influenced by two forces: constrained recycled supply and a shift in retail demand toward heavier, sculptural gold pieces that emphasize substantial heft and a vitreous luster. Those structural elements compress available supply and raise the marginal value of bullion held by jewelers and investors alike.
Technically, the stoppage of downward momentum means buyers are stepping in at levels that had been expected to fail. That creates a clean risk-reward for a measured long: a tight stop beneath the rejected band and a targeted upside measured from the swing low. Liquidity remains granular — moves can be tactile and fast — so execution and position sizing are critical.
The Impact for U.S. Retailers and Investors
For retail buyers and jewelers, the immediate consequence is financial and tactile. Inventories priced into a weaker gold basis can see an instant revaluation as spot firming widens retail margins. Collections emphasizing heavier gold components will particularly benefit: substantial heft and refined finish now command a premium among affluent buyers seeking durable, visible value.
For investors and treasury managers, the setup is actionable. A rejected support with confirmed follow-through suggests a short-duration directional trade or a reweighting of bullion hedges. Practical responses include tightening forward purchase timelines, layering purchases to avoid front-running, and using short-dated options to encapsulate upside while capping downside.
Risk management remains the counterpoint: if the market fails to sustain the bounce, the same support that was rejected becomes a psychologically and technically significant level. Monitor volume on the advance, watch correlated flows in the dollar and real rates, and keep stop levels disciplined.
Credit: FXStreet video and analysis by Petar Jaćimović. For traders, the signal is near-term tactical; for retailers, it is a reminder that product mix and sourcing strategies materially affect margin capture in a tightening supply environment.
Action checklist:
- Traders: size discretely, use tight stops beneath the rejected band.
- Retailers: reassess book value on older inventory; accelerate purchases if margins improve.
- Investors: consider short-dated options or staged bullion accumulation to express upside while limiting tail risk.
Image Referance: https://www.fxstreet.com/analysis/gold-rejection-of-the-support-and-potential-for-upside-swing-video-202512090920