Gold (XAU/USD) is showing a bullish structure on the daily chart, even after the recent pullback from the $4,600–$4,700 zone. The chart dated September 2, 2026 shows gold trading around $4,323.97, with an important support area near $4,280.
gold forecast 2026
Gold Prices Alert: Powell’s Hawkish Tone May Push XAU/USD to $4,330 – Buy Opportunity Ahead?
Gold prices are currently under pressure as the US Federal Reserve continues to take a strict (hawkish) stance on interest rates. Recent comments from Fed Chair Jerome Powell suggest that inflation control is still the top priority, and this could impact gold prices in the short term.