Hello traders! Gold (XAU/USD) soared past $3,600/oz for the first time on Monday (08/09/2025), hitting a new all-time high as weak US jobs data cemented expectations for a Fed rate cut next week. With a 38% YTD surge following a 27% rally in 2024, gold’s unstoppable—driven by a weak USD, central bank buying, easing policies, and global uncertainty. Let’s break down today’s (09/09/2025) market and uncover trading setups! 💰
Fundamental Analysis: Why Gold’s Rally Keeps Charging? 🌟
Historic Surge: Weak US jobs data (August growth slowed, unemployment at 4.3%) has markets pricing in an 88% chance of a 0.25% rate cut and 12% for 0.5% in September, per CME FedWatch. Low rates make non-yielding gold shine! 📈
Expert Insight: Peter Grant from Zaner Metals predicts gold could hit $3,700–$3,730/oz short-term, with short pullbacks as buying opportunities. Ongoing labor market weakness and Fed easing into 2026 provide solid support.
Global Drivers: China’s central bank extended its gold-buying streak to 10 months in August. A falling USD and 10-year Treasury yields near a 5-month low boost gold’s allure.
Key Data Ahead: Watch US PPI (10/09) and CPI (11/09) for more Fed policy clues. Geopolitical and tariff tensions further fuel gold’s safe-haven appeal.
Gold’s red-hot—can it conquer new highs?
Technical Analysis: Breakout Mode with Traps—Prioritize BUY! 📉
Gold’s relentless rally smashed through 3600, showing no signs of slowing. Keep an eye on the Fibo 2.618 level at 3685 as a potential pause point. Strong bullish momentum favors BUY setups, but beware of FVG traps from rapid surges. Focus on 3641: a break below could trigger a pullback to 3600, while holding above keeps bulls in charge, targeting 3685.
Key Resistance: 3663 - 3673 - 3685 - 3690
Key Support: 3641 - 3629 - 3596 - 3581
Trading Opportunities:
Sell Scalp: 3673 - 3675
SL: 3679
TP: 3670 - 3665 - 3660 - 3655
Sell Zone: 3684 - 3686
SL: 3694
TP: 3676 - 3666 - 3656 - 3646 - Open
Buy Scalp: 3641 - 3639
SL: 3635
TP: 3644 - 3649 - 3654 - 3659
Buy Zone: 3605 - 3603
SL: 3595
TP: 3613 - 3623 - 3633 - 3643 - Open
Gold’s in breakout territory, but traps are lurking—wait for confirmations at key levels! If supports hold, bulls could charge to 3685. 📊💡
#Gold #XAUUSD #Fed #USJobs #TradingView #MarketUpdate #Forex #Investing #TechnicalAnalysis #GoldTrading #Finance #Crypto #CentralBanks
Fundamental Analysis: Why Gold’s Rally Keeps Charging? 🌟
Historic Surge: Weak US jobs data (August growth slowed, unemployment at 4.3%) has markets pricing in an 88% chance of a 0.25% rate cut and 12% for 0.5% in September, per CME FedWatch. Low rates make non-yielding gold shine! 📈
Expert Insight: Peter Grant from Zaner Metals predicts gold could hit $3,700–$3,730/oz short-term, with short pullbacks as buying opportunities. Ongoing labor market weakness and Fed easing into 2026 provide solid support.
Global Drivers: China’s central bank extended its gold-buying streak to 10 months in August. A falling USD and 10-year Treasury yields near a 5-month low boost gold’s allure.
Key Data Ahead: Watch US PPI (10/09) and CPI (11/09) for more Fed policy clues. Geopolitical and tariff tensions further fuel gold’s safe-haven appeal.
Gold’s red-hot—can it conquer new highs?
Technical Analysis: Breakout Mode with Traps—Prioritize BUY! 📉
Gold’s relentless rally smashed through 3600, showing no signs of slowing. Keep an eye on the Fibo 2.618 level at 3685 as a potential pause point. Strong bullish momentum favors BUY setups, but beware of FVG traps from rapid surges. Focus on 3641: a break below could trigger a pullback to 3600, while holding above keeps bulls in charge, targeting 3685.
Key Resistance: 3663 - 3673 - 3685 - 3690
Key Support: 3641 - 3629 - 3596 - 3581
Trading Opportunities:
Sell Scalp: 3673 - 3675
SL: 3679
TP: 3670 - 3665 - 3660 - 3655
Sell Zone: 3684 - 3686
SL: 3694
TP: 3676 - 3666 - 3656 - 3646 - Open
Buy Scalp: 3641 - 3639
SL: 3635
TP: 3644 - 3649 - 3654 - 3659
Buy Zone: 3605 - 3603
SL: 3595
TP: 3613 - 3623 - 3633 - 3643 - Open
Gold’s in breakout territory, but traps are lurking—wait for confirmations at key levels! If supports hold, bulls could charge to 3685. 📊💡
#Gold #XAUUSD #Fed #USJobs #TradingView #MarketUpdate #Forex #Investing #TechnicalAnalysis #GoldTrading #Finance #Crypto #CentralBanks
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🔥 Ready to Elevate Your Trading Game?
t.me/+1aSqbdspbEdkYjU9
✅ Dive into in-depth technical & fundamental analysis
✅ Master risk management tips to safeguard your capital
📩 Join our TradingView community now!
t.me/+1aSqbdspbEdkYjU9
t.me/+1aSqbdspbEdkYjU9
✅ Dive into in-depth technical & fundamental analysis
✅ Master risk management tips to safeguard your capital
📩 Join our TradingView community now!
t.me/+1aSqbdspbEdkYjU9
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.