US Treasury Department reported that foreign holdings of Treasuries actually rose 3.4% in February: data showed Japan increased its holdings by 4% to $1.1259 trillion while China raised its holdings by 3% to $784.3 billion. China remained the second-largest foreign holder of Treasuries while Japan remained the largest holder with overall foreign holdings of US Treasuries standing at $8.8172 trillion at the end of February. After President Trump announced larger than expected reciprocal tariffs in April, there were rumors that China or Japan was dumping treasuries. Decrease in foreign holdings of US Treasuries results in falling demand for Treasuries which is bearish for US dollar and therefor bullish for XAUUSD price. So data showing increase in foreign holdings of Treasuries is bearish for gold. However, the current setup is bullish for XAUUSD>
| Indicator | VALUE | Signal |
|---|
| RSI | | Sell |
| MACD | | Buy |
| Donchian Channel | | Sell |
| MA(50) | | Buy |
| MA(200) | | Sell |
| Parabolic SAR | | Buy |
| On Balance Volume | | Sell |
Summary of technical analysis
| Order | Buy |
| Buy stop | Above 3342.15 |
| Stop loss | Below 3283.72 |