XAUUSD is trading around 4,332 after another selloff into the lower H1 structure. Price is now testing the 4,330–4,350 Demand / Reclaim Zone, but the broader structure remains capped by the descending dynamic resistance.
The macro environment remains difficult for gold. August U.S. CPI rose 0.4% MoM and 3.4% YoY, reinforcing expectations for a Fed hike this week; markets are pricing roughly an 86% probability of a rate increase. At the same time, Brent has surged above $107 amid renewed Middle East supply disruptions, adding further inflation pressure. The FOMC meets September 15–16, making this a high-volatility week for gold.
Technical View
The H1 structure remains broadly bearish below the descending resistance trendline, but price has reached an important short-term reaction area.
The 4,330–4,350 Demand / Reclaim Zone is currently being tested. If buyers defend this area and produce a bullish MSS, strong rejection or reclaim confirmation, a corrective recovery could develop.
The first upside objective sits around 4,380–4,400, where the descending resistance structure becomes relevant.
Above that, the stronger recovery target is 4,430–4,445, where the marked OB / supply structure aligns with dynamic resistance.
The larger 4,475–4,490 Major Supply remains a higher-timeframe resistance objective and should not be assumed reachable without a confirmed structural breakout.
Key Zones
Current Price: 4,331.700
Demand / Reclaim Zone: 4,330–4,350
Recovery Resistance: 4,380–4,400
OB / Key Resistance: 4,430–4,445
Major Supply: 4,475–4,490
Major Demand / Bullish OB: 4,285–4,305
Major Liquidity / Swing Low: 4,283.319
Trading Plan
Buy Priority: 4,330–4,350
Condition: wait for bullish rejection, liquidity sweep + reclaim, MSS or clear higher-low confirmation from the current demand area.
TP1: 4,380–4,400
TP2: 4,430–4,445
Invalidation: sustained H1 acceptance below 4,330 weakens the immediate recovery setup.
Buy/Sell View
The preferred idea is a confirmed recovery trade, not a blind buy.
Price remains below dynamic resistance and the macro backdrop still favors higher rates, so buyers need to prove control first.
If the reclaim zone fails, the deeper 4,285–4,305 Major Demand / Bullish OB becomes the next important reaction area rather than chasing shorts into support.
Final View
Gold enters FOMC week under strong macro pressure from hot inflation, elevated yields and surging oil, but H1 is now testing an important demand area.
The main scenario is a bullish reaction from 4,330–4,350, targeting 4,380–4,400 first and 4,430–4,445 if recovery momentum expands.
Can buyers defend the H1 reclaim zone before the Fed delivers the next major gold move?
The macro environment remains difficult for gold. August U.S. CPI rose 0.4% MoM and 3.4% YoY, reinforcing expectations for a Fed hike this week; markets are pricing roughly an 86% probability of a rate increase. At the same time, Brent has surged above $107 amid renewed Middle East supply disruptions, adding further inflation pressure. The FOMC meets September 15–16, making this a high-volatility week for gold.
Technical View
The H1 structure remains broadly bearish below the descending resistance trendline, but price has reached an important short-term reaction area.
The 4,330–4,350 Demand / Reclaim Zone is currently being tested. If buyers defend this area and produce a bullish MSS, strong rejection or reclaim confirmation, a corrective recovery could develop.
The first upside objective sits around 4,380–4,400, where the descending resistance structure becomes relevant.
Above that, the stronger recovery target is 4,430–4,445, where the marked OB / supply structure aligns with dynamic resistance.
The larger 4,475–4,490 Major Supply remains a higher-timeframe resistance objective and should not be assumed reachable without a confirmed structural breakout.
Key Zones
Current Price: 4,331.700
Demand / Reclaim Zone: 4,330–4,350
Recovery Resistance: 4,380–4,400
OB / Key Resistance: 4,430–4,445
Major Supply: 4,475–4,490
Major Demand / Bullish OB: 4,285–4,305
Major Liquidity / Swing Low: 4,283.319
Trading Plan
Buy Priority: 4,330–4,350
Condition: wait for bullish rejection, liquidity sweep + reclaim, MSS or clear higher-low confirmation from the current demand area.
TP1: 4,380–4,400
TP2: 4,430–4,445
Invalidation: sustained H1 acceptance below 4,330 weakens the immediate recovery setup.
Buy/Sell View
The preferred idea is a confirmed recovery trade, not a blind buy.
Price remains below dynamic resistance and the macro backdrop still favors higher rates, so buyers need to prove control first.
If the reclaim zone fails, the deeper 4,285–4,305 Major Demand / Bullish OB becomes the next important reaction area rather than chasing shorts into support.
Final View
Gold enters FOMC week under strong macro pressure from hot inflation, elevated yields and surging oil, but H1 is now testing an important demand area.
The main scenario is a bullish reaction from 4,330–4,350, targeting 4,380–4,400 first and 4,430–4,445 if recovery momentum expands.
Can buyers defend the H1 reclaim zone before the Fed delivers the next major gold move?
Trading Gold the structured way — liquidity, order blocks, Ichimoku confluence
New idea every session. Follow + tap into the community → t.me/+aYglWgKtiPdkMGI9
Analysis, not advice. Trade your own plan.
New idea every session. Follow + tap into the community → t.me/+aYglWgKtiPdkMGI9
Analysis, not advice. Trade your own plan.
Related publications
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.
Trading Gold the structured way — liquidity, order blocks, Ichimoku confluence
New idea every session. Follow + tap into the community → t.me/+aYglWgKtiPdkMGI9
Analysis, not advice. Trade your own plan.
New idea every session. Follow + tap into the community → t.me/+aYglWgKtiPdkMGI9
Analysis, not advice. Trade your own plan.
Related publications
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.