GOLD ANALYSIS 01/09/2026
1. Fundamental Analysis:
a) Economy:
• USD: The USD is showing a mild recovery after the previous decline, mainly driven by technical correction and the market waiting for early-year data. There is still no strong catalyst to reverse the broader USD trend.
• U.S. Stock Market: Trading remains choppy with no clear direction. Capital flows are cautious, not strongly “risk-on.”
• FED: The FED maintains a cautious stance and has not signaled further tightening. Medium–long-term expectations still lean toward rate cuts → supportive for gold.
• TRUMP: No new policy actions with direct market impact. U.S. political factors are temporarily neutral.
b) Politics:
• Global geopolitical risks remain present. No major escalation, but sufficient to sustain defensive demand for gold.
c) Market Sentiment:
• Slight risk-off sentiment. Investors are not chasing prices (no FOMO), preferring to wait for pullbacks to buy → gold holds its value well despite USD recovery.
=> Conclusion: Sideways with an upward bias.
2. Technical Analysis (M15):
• Short-term trend: UPTREND
• Price is trading above EMA, with a clear Higher High – Higher Low structure.
• Current zone ~ 4475–4480 is a technical correction area after a strong rally.
=> Price is correcting within an uptrend, not a reversal.
RESISTANCE: 4,480 – 4,500 – 4,519
SUPPORT: 4,450 – 4,427 – 4,412
3. Previous Session (8/1/26):
• Gold corrected first, then rallied strongly from the 4412 low up to 4480.
• Strong bullish momentum with clear volume during the rally.
• Late-session mild pullback → healthy correction, no distribution signals.
4. Today’s Strategy (9/1/26):
🪙 SELL XAUUSD | 4520 – 4518
• SL: 4524
• TP1: 4512
• TP2: 4506
🪙 BUY XAUUSD | 4436 – 4440
• SL: 4432
• TP1: 4448
• TP2: 4456
source https://www.tradingview.com/chart/XAUUSD/E5zKMefg-GOLD-ANALYSIS-01-09-2026/
