Gold bias flipped 33 times to neutral on September 4, 2026
Gold initially fell after stronger-than-expected US payrolls data (162K for August) raised expectations of hawkish Federal Reserve action. However, the metal rebounded above $4,450, aided by comments from Fed's Waller that tempered rate hike bets, with prices now hovering around $4,500. Meanwhile, large money managers are reportedly rebuilding gold positions, which may provide underlying support.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 33 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
- 00:00Bullish
- 00:15Weak bullish
- 01:35Neutral
- 02:55Weak bullish
- 03:58Neutral
- 05:33Weak bullish
- 05:48Neutral
- 07:53Bullish
- 08:38Neutral
- 09:23Bullish
- 09:53Neutral
- 10:38Weak bullish
- 11:08Neutral
- 12:33Bearish
- 13:03Weak bearish
- 13:38Neutral
- 13:53Bearish
- 14:24Weak bullish
- 14:44Neutral
- 15:14Bullish
- 15:29Neutral
- 16:09Bearish
- 16:24Weak bullish
- 16:42Bullish
- 16:57Bearish
- 17:22Weak bearish
- 17:37Bearish
- 18:09Neutral
- 18:24Weak bullish
- 19:09Neutral
- 19:29Weak bullish
- 19:54Neutral
- 20:24Weak bearish
- 20:54Neutral
Headlines (15)
First seen on September 4
- Gold consolidates below $4,500 as bulls look to US NFP for Fed rate cuesFXStreet
- World's biggest money managers are rebuilding gold positionsMining Weekly
- U.S. Nonfarm Payrolls Surge Past Expectations, Indicating Economic StrengthInvesting.com
- Bitcoin and Gold Crash As US Payrolls Crush ForecastsBeInCrypto
- Gold and Silver Drop as August Payrolls Blow Past Forecasts. Four Other Threads Moved Today Too.GoldSilver
- Bitcoin & Gold Outlook: BTC and XAU correct as US Nonfarm Payrolls rise by 162K in AugustFXStreet
- Gold falls as traders increase Fed hawkish bets after stellar NFPFXStreet
Carried over from earlier days
- Gold extends recent fall as buyers lose more momentum, what's next?InvestingLive
- Gold rises as speculation of Yen intervention weighs on the US DollarFXStreet
- End of a dollar-centered world nears, gold to replace some bonds, fund manager saysMining.com
- Gold’s run isn’t yet doneFinancial Times
- Gold upside remains limited by Fed rate hike risks and Iran war; traders await US CPI for next directionInvestingLive
- XAU/USD Price Forecast: Gold defies sellers around $4,500FXStreet
- Gold soars as Waller's dovish tone hurts Fed hike bets ahead of NFPFXStreet
- Gold rebounds above $4,450 as Waller tempers Fed rate hike bets ahead US jobs dataFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, September 4 | ||
| Non-Farm Employment Change | 55K | USD |
| Unemployment Rate | 4.1% | USD |
| Average Hourly Earnings m/m | 0.3% | USD |
| FOMC Member Goolsbee Speaks | USD | |
| Monday, September 7 | ||
| Foreign Currency Reserves | CHF | |
| Unemployment Rate | 3.1% | CHF |
| Bank Holiday | USD | |
| Tuesday, September 8 | ||
| NFIB Small Business Index | 99.2 | USD |