FX.co ★ XAU/USD, GOLD
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XAU/USD, GOLD
Overview of XAUUSD Daily 4359.07 and M30 4361.38 compiled structure — Gold trying to break downtrend line to establish bullish trend when DXY looking strong bullish XAUUSD Daily shows 4342.83 open 4360.65 high 4339.22 low 4359.07 close as labeled top left. Timeline 30 Apr 2026 to 11 Sep 2026 Daily candles — about 103 Daily candles. Blue line 50MA Daily 4257.60 as labeled middle right near demand zone green current 11 Sep and red line 200MA Daily 4522.80 as labeled middle right red line descending from 4788.00 top Apr 30 to 4522.80 current Sep 11. Current price Daily 4359.07 at FVG purple middle right 4359.07 to 4390.20 current imbalance purple box middle right with purple arrow pointing to current. MACD(12,26,9) — 9.927 | 8.211 — BULLISH CROSSOVER green label bottom left as labeled bottom and RSI(14) — 57.3 — NEUTRAL / BULLISH purple label bottom left as labeled bottom, histogram green positive small decreasing Sep 11 Daily after bullish recovery Jul 7-Sep 11. Strong bearish move Daily 4788 → 3928 = -860pts red box left side bottom with red arrow up pointing to downtrend, and strong bullish move Daily 3928 → 4700 = +772pts green box middle with green arrow pointing up to bullish recovery. Downtrend line blue dashed descending from 4788.00 high 30 Apr to 4700 high 20 Aug — labeled DOWNTREND LINE BROKEN blue label top middle with blue dashed line — price attempting to break above downtrend line to establish bullish trend after BOS bullish 3992.40 17 Jul 2026. XAUUSD M30 shows 4355.87 open 4363.60 high 4355.87 low 4361.38 close as labeled top left. Timeline 11 Sep 2026 to 17 Sep 21:00 M30 candles — about 7 days view, 336 M30 candles. Blue line 50MA M30 4324.80 as labeled left side near middle and red dashed line 200MA M30 4311.60 as labeled middle blue dashed MSS. Current price M30 4361.38 at FVG purple right side 4361.38 - 4365.00 current imbalance purple box right side with yellow label CURRENT PRICE 4361.38 yellow box right side and CURRENT PRICE orange label right side near 4361.38. MACD(12,26,9) • 4.270 4.257 • BULLISH CROSSOVER cyan label bottom left as labeled bottom, blue histogram MACD and blue and red signal lines, histogram blue positive small near zero Sep 17 21:00 M30 current after bullish recovery Sep 16 20:00-Sep 17 13:00. Strong bearish move sell off red box middle bottom with red arrow up pointing to bearish move earlier Sep 14-16 to 4223.60 low, and strong bullish move 4223.60 → 4378.40 +154 POINTS IMPULSIVE PUSH green box middle with green arrow up pointing to bullish move to 4378.40 high BSL. Bearish downtrend downtrend line broken red dashed descending from 4405 high 11 Sep to 4365 high 16 Sep — labeled BEARISH DOWNTREND DOWNTREND LINE BROKEN red label top middle with red arrow pointing to downtrend line broken, price broke above downtrend line Sep 16 20:00 BOS bullish breakout 4324.80 16 Sep 20:00 green box top middle with green arrow down pointing to price action, establishing bullish trendline ascending support blue from 4223.60 low to current via 4284 low Sep 17 05:00 and 4311 low Sep 17 13:00 — labeled BULLISH TRENDLINE • ASCENDING • HIGHER LOWS blue label bottom right with blue arrow up pointing to bullish trendline. But DXY looking strong bullish context Sep 2026 — DXY Dollar Index Daily 105.8 Sep 11 from 102.5 Aug 20 +3.2% bullish move, 50MA DXY 104.2 and 200MA DXY 103.1 bullish crossover golden cross Aug 28, RSI DXY 68 bullish near overbought, MACD DXY positive, US 10Y nominal yields 4.45% Sep 11 from 4.15% Aug 20 and US 10Y real yields 2.18% Sep 11 from 1.95% Aug 20, Fed hawkish pause Sep 10-11 holding Fed funds 5.25-5.5% and dot plot median 2026 5.1% higher for longer, US data beat NFP Aug +205k beat +170k expected unemployment 4.0% steady wage growth 0.3% MoM PPI Aug 0.4% MoM hot vs 0.2% expected CPI expected Sep 16 3.4% YoY vs 3.2% prior sticky inflation — DXY bid strong. Typically strong DXY bearish for Gold inverse correlation -0.80 historical, Gold should drop when DXY up because Gold priced in USD and Gold no yield vs USD yielding 5.25%. But Gold holding above demand and trying to break downtrend line shows resilience — safe haven bid due to risk-off Nasdaq -2.1% Sep 10-11 and Brent oil $93 OPEC+ supply cut extension and geopolitical tensions Middle East and central bank buying China PBoC +25 tonnes Aug and inflation hedge.