XAUUSD – Gold Price Analysis (September 9, 2025)1. Main Trend
After a fake break at the end of July, gold strongly rebounded from the 3,260 – 3,280 support zone.
The sideways accumulation phase during August (“the bulls resisted”) created a solid base.
Since late August, price has broken above 3,440 and continued in a sharp uptrend, reaching the key resistance zone at 3,650 – 3,660.
2. Key Support & Resistance Levels
Major Resistance: 3,650 – 3,660 (current top, strong selling pressure expected).
Immediate Support: 3,520 – 3,480 (previous breakout zone, aligned with 0.382 Fibonacci retracement of the recent rally).
Deeper Supports: 3,440 (old consolidation channel) and 3,325 – 3,280 (August lows).
3. Indicators & Price Behavior
EMA: Short-term EMAs (20–50) are sloping upwards, confirming the bullish trend. However, the distance is overstretched → risk of a pullback.
RSI: Currently in the overbought zone (>70), signaling potential short-term correction.
Fibonacci: The move from 3,325 → 3,650 shows 0.382 retracement around 3,520 as a critical balance point for buyers.
4. Trading Strategies
Strategy 1 – Short at Resistance:
Look for sell opportunities around 3,650 – 3,660 with bearish candlestick confirmation.
Stop loss above 3,675.
Take profit targets: 3,520 – 3,480.
Strategy 2 – Buy on Pullback:
Wait for price to retrace into 3,520 – 3,480 support.
Enter long positions if support holds with bullish confirmation.
Stop loss below 3,460.
Targets: retest 3,650, with potential extension toward 3,700.
Conclusion: Gold remains in a strong uptrend but is now testing the critical resistance at 3,650 – 3,660. A short-term correction is likely before the next bullish leg. Patience is key—wait for a healthy pullback to secure better entries and avoid chasing highs.
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