Gold Spot
XAUUSDREFERENCEFed easing + soft dollar + central-bank buying
Updated 2026-09-03T10:31:27.773Z
Live price
$2541.60 ▼ -0.87%
Open
$2563.58
High
$2567.34
Low
$2534.14
Prev Close
$2563.71
Live Chart — TradingView
LIVEGold Spot confluence
BULLISH 66/100 BULLISH · MEDIUM confidence
0Neutral100
Biases
Macro BULLISH
Technical BULLISH
AI BULLISH
Supporting
- •Fed Policy — Fed funds 4.25% · stance 0.6
- •Real Yields — 10Y TIPS 1.52%
- •DXY — DXY 97.45 · down
Conflicting
- •Geopolitics reading 28 resists the bullish case
Invalidation
- •Real yields reverse against the thesis
- •Gold Spot loses key support/resistance
- •A surprise inflation or labour print flips the regime overlay
Key levels
Resistance
$2580.00
$2612.00
Support
$2502.00
$2470.00
Invalidation
$2440.00
Character
Regime
expansion
Volatility
medium
Liquidity
high
Sentiment
72/100
Positioning & narrative
Underweight vs. 10-yr average
Structural dollar devaluation hedge; reserve diversification bid is the secular driver.
AI view
Fed easing + soft dollar + central-bank buying.
Events that can move Gold Spot
| Date | Event | Region | Imp. | Prev | Forecast |
|---|---|---|---|---|---|
| 2 Sept 11:00 | ISM Manufacturing PMI — Sep | US | low | 49.4 | 49.8 |
| 3 Sept 08:15 | ADP Employment Change | US | medium | 142K | 150K |
| 4 Sept 13:30 | Nonfarm Payrolls — Sep | US | high | 165K | 150K |
| 4 Sept 13:30 | Unemployment Rate — Sep | US | medium | 4.0% | 4.1% |
| 10 Sept 13:30 | CPI YoY — Aug | US | high | 2.9% | 2.8% |
| 11 Sept 14:00 | FOMC Rate Decision (upper bound) | US | high | 4.25% | 4.00% |
| 17 Sept 13:30 | Retail Sales MoM — Aug | US | low | 0.6% | 0.3% |
| 24 Sept 14:00 | Final Q2 GDP (QoQ ann.) | US | high | 2.4% | 2.4% |