🥇 GOLD IS REBOUNDING — BUT THE FED JUST MADE THIS MARKET MORE DANGEROUS
On September 17, 2026, spot gold is trading near the $4,330–$4,340 area after rebounding sharply from a six-week low. The move is being driven by a softer dollar, easing oil prices, inflation concerns, and safe-haven demand — but the Fed’s hawkish tone is still a major risk for upside continuation. �
Reuters +1
📍 $XAU /USD levels to watch
Support: $4,318
Key support: $4,301–$4,294
Resistance: $4,348–$4,356
Higher resistance: $4,380
📈 Bullish scenario:
If gold holds above $4,318 and breaks cleanly above $4,356, buyers could target $4,380 next.
📉 Bearish scenario:
A rejection from the $4,348–$4,356 zone could send price back toward $4,301. A sustained break below $4,294 would weaken the short-term bullish structure and expose deeper downside risk. �
The Gold Scalper +1
⚠️ Risk plan:
Gold is moving in a high-volatility post-Fed environment. Don’t chase spikes. Wait for a confirmed breakout or a clean retest, and define your invalidation before entering.
What’s your view on XAU/USD?
🔥 Breakout above $4,356
🐻 Rejection from resistance
⏳ Range-bound trading
On September 17, 2026, spot gold is trading near the $4,330–$4,340 area after rebounding sharply from a six-week low. The move is being driven by a softer dollar, easing oil prices, inflation concerns, and safe-haven demand — but the Fed’s hawkish tone is still a major risk for upside continuation. �
Reuters +1
📍 $XAU /USD levels to watch
Support: $4,318
Key support: $4,301–$4,294
Resistance: $4,348–$4,356
Higher resistance: $4,380
📈 Bullish scenario:
If gold holds above $4,318 and breaks cleanly above $4,356, buyers could target $4,380 next.
📉 Bearish scenario:
A rejection from the $4,348–$4,356 zone could send price back toward $4,301. A sustained break below $4,294 would weaken the short-term bullish structure and expose deeper downside risk. �
The Gold Scalper +1
⚠️ Risk plan:
Gold is moving in a high-volatility post-Fed environment. Don’t chase spikes. Wait for a confirmed breakout or a clean retest, and define your invalidation before entering.
What’s your view on XAU/USD?
🔥 Breakout above $4,356
🐻 Rejection from resistance
⏳ Range-bound trading