August: gold saw a very sharp rise, approximately +13%, driven by ETF buying, a weakening U.S. dollar, and strong speculative demand. It was one of its best months in decades.
September: after that surge, the market began taking profits. In addition, expectations for higher interest rates in the U.S. increased, while the dollar and bond yields rose. This makes holding gold—which does not generate interest—relatively less attractive.
Now: the drop intensified after the Fed raised its rate by 0.25 percentage points to 3.75%-4.00% on September 16, 2026. The dollar reacted upward and gold fell by more than 1%.
LONG 🚀 or SHORT ⚓?
#XAUT
#比特币受阻于81000美元50周均线
September: after that surge, the market began taking profits. In addition, expectations for higher interest rates in the U.S. increased, while the dollar and bond yields rose. This makes holding gold—which does not generate interest—relatively less attractive.
Now: the drop intensified after the Fed raised its rate by 0.25 percentage points to 3.75%-4.00% on September 16, 2026. The dollar reacted upward and gold fell by more than 1%.
LONG 🚀 or SHORT ⚓?
#XAUT
#比特币受阻于81000美元50周均线
