For XAUUSD traders it is best to keep an eye on fundamental news and technical factors at same time.Investors Expect Fed Rate Cut in September Analysts anticipate a potential Federal Reserve interest rate reduction this September, propelling gold prices higher. A more dovish tone from the Federal Reserve supports continued increases in XAU/USD for FOREX24.PRO (+12), RoboForex (+12) and Mitrade (+12).
Safe-Haven Demand in an Age of Geopolitical Uncertainty and De-dollarization
Substantial central bank demand (including over 244 metric tons purchased in Q1 2025) and increasing de-dollarization trends provide structural support. Gold has increasingly become seen as an asset that serves as a strategic reserve asset.
Investors in gold include: Investopedia +4 umplut RoboForex with each holding 4 pieces each respectively
As persistent uncertainty–from global trade tensions to U.S. political turmoil surrounding the Federal Reserve’s independence–has grown, gold’s appeal has increased significantly. DailyForex +15; Reuters +15 and RoboForex both +15 have reported gains for gold.
Gold can touch 3514 level on 2nd Sep, 2025?
CoinCodex’s model anticipates gold to reach around $3,455 on September 2, and continue its climb further throughout the week (to around $3,514) for FOREX24.PRO +1.
Forecasters generally agree that gold may break above $3,500 soon, possibly targeting upward movements toward $3,700 over the next two years. [MITRADE +15; ROBOFOREX =15].
Some divergences exist: HSBC notes fading momentum and anticipates a potential pullback due to weaker physical demand and delayed Federal cuts, with revised 2025 targets near $3,215.
MarketWatch sees more favorable signals.
Others (e.g., JPMorgan) remain optimistic, projecting an average price of $3,675 by Q4 2025 and possibly $4,000. At Investors Technical Analysis Services, we believe it’s possible for any investment portfolio to hit $4,000 within five years.
On September 1, gold traded near $3,476, breaking out from its consolidation zone (just above the resistance at $3,386-3,404), with $3,500 being identified as its next psychological target by RoboForex.
Triangle Pattern and Support Resilience
If you follow technicals, then this post is best for you before you open buy or sell positions at XAUUSD. Weekly analysis suggests a possible short-term retracement toward the $3,365 support zone before rebounding to resume an uptrend that targets $3,845. A drop below $3,245 could initiate further decline toward $2,875, as reported by InvestingHaven, Forex24.PRO and CoinCodex, respectively.
Uptrend Continuation If Above Key Levels
Holding above $3,430 could pave the way for an upswing to the $3,500 breakout; once $3,500 has been breached, analysts expect more upside continuation in terms of price action and momentum.
Daily Price Action and Key Market Drivers for September 2, 2025
- Critical U.S. employment and inflation data such as PCE readings or nonfarm payrolls will have an impactful influence on Fed sentiment and, consequently, gold prices.
- Geopolitical developments or trade tensions that intensify could increase safe-haven flows.
- Technical price action around $3,450-3,500 could provide insight into whether gold will advance higher or correct downward.
Low fed rate expectations
Fundamentally, favorable market dynamics include low Fed interest rate expectations, robust safe-haven demand and structural de-dollarization trends that underpin an optimistic forecast for bitcoin prices in 2017. Near-term predictions sit around $3.455 with potential to break $3,500 soon and projections ranging up to $3,700 over coming years–though some caution exists surrounding diminishing physical demand.
Key Resistance level is broken already:
Technically, gold has recently broken through key resistance levels and shown steady momentum. Support can be found within the $3,365-3,430 range while an increase above $3,500 could open the way to new highs. A break of $3,245 would suggest deeper correction towards $2.875, though such an outcome remains less likely.
Overall, XAU/USD appears positioned for further gains on September 2, with key resistance areas close by and ample fundamental support in place.
