Gold bias flipped 31 times to bearish on August 24, 2026
Gold prices have surged to multi-month highs above $4,700, driven by dollar debasement concerns and a Treasury cash-pile buyback signal that weakened the dollar. However, the metal is now deep in overbought territory, with profit-taking risk building after a sharp $50 pullback under $4,600. These dynamics highlight gold's sensitivity to dollar moves and its vulnerability to sudden corrections.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 31 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 00:00Bullish
- 00:56Neutral
- 01:53Bullish
- 02:29Weak bullish
- 02:45Weak bearish
- 03:01Bullish
- 03:33Weak bearish
- 04:57Bullish
- 05:33Neutral
- 06:58Weak bullish
- 07:19Neutral
- 08:43Bullish
- 09:17Neutral
- 09:33Bullish
- 10:23Bearish
- 10:45Neutral
- 11:01Weak bullish
- 12:45Neutral
- 13:01Weak bullish
- 13:53Neutral
- 14:39Weak bullish
- 15:03Neutral
- 15:55Weak bullish
- 16:47Weak bearish
- 17:28Bullish
- 17:48Neutral
- 18:05Bullish
- 18:21Bearish
- 18:37Weak bearish
- 18:57Neutral
- 22:51Bearish
Headlines (21)
First seen on August 24
- Gold hits a 3 month above $4640 ... then get slammed $50 lower under $4600InvestingLive
- ICYMI: Goldman says options demand could push gold past $4,900 forecastInvestingLive
- Gold Rises; Appeal Grows Amid Uneasy U.S. Fiscal OutlookThe Wall Street Journal
- Gold holds near 3-month high as Treasury moves fuel demand for bullionInvesting.com
- ING says fiscal credibility fears drive gold back to above $4,600 an ounceInvestingLive
- Gold price surpasses $4,700 per troy ounce first since May 14TASS
- Gold hits $4,703 deep in overbought territory: Live levelsInvesting.com
- The Forex Market Is Switching to a ‘Debasement Trade’ActionForex
- Gold Hits $4,620 as Treasury Buybacks Reignite the Dollar Debasement TradeBitcoin.com News
- 'Dollar Debasement' Sees Gold Erase Summer Slump at $4500Gold Eagle
- Gold and Other Bits Get the Contra-Buck BidInvesting.com
- Gold Price Ends 6-Month Correction as Bulls Reclaim Key TrendlineBeInCrypto
- Gold Price Analysis: XAU/USD Clears $4,605 on the Debasement TradeInvesting.com
- Gold rises to the highest since May 15 as dollar doom spreadsInvestingLive
- Gold and Silver Surge to Extreme Levels as Profit-Taking Risk BuildsInvesting.com
- Gold price rises, silver slips on Treasury cash-pile buyback signalMining.com
Carried over from earlier days
- Bitcoin vs Gold Forecast: XAU/BTC Crashes to 3-Month Low as Ray Dalio Urges Investors to Buy BTCCoinGape
- India Gold Market Showing Signs of RecoveryGold Eagle
- Trump says Canada wants 'benefits of being a state' as trade war deepensfrance24.com
- Gold Winning, Dollar LosingGold Eagle
- Gold and Other Bits Get the Contra-Buck BidGold Eagle
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 24 | ||
| Treasury Sec Bessent Speaks | USD | |
| Tuesday, August 25 | ||
| ADP Weekly Employment Change | USD | |
| S&P/CS Composite-20 HPI y/y | 1.8% | USD |
| HPI m/m | 0.2% | USD |
| CB Consumer Confidence | 90.3 | USD |
| Richmond Manufacturing Index | 6 | USD |
| New Home Sales | 620K | USD |
| FOMC Member Barkin Speaks | USD | |