Weekly Review: XAUUSD, #SP500, #BRENT | 11 September 2026
XAUUSD: SELL 4415.00, SL 4455.00, TP 4315.00
A month without swaps on majors! Learn more
Gold starts the week under pressure after strong US employment data increased the likelihood of Fed policy tightening. Rising US bond yields reduce the attractiveness of the metal, which does not generate interest income.
Geopolitical tensions support safe-haven demand and may limit XAUUSD declines. However, US inflation data will be decisive: as long as the market allows for a Fed rate hike, the monetary factor retains its advantage and supports the selling scenario.
Trading idea: SELL 4415.00, SL 4455.00, TP 4315.00
