Published on investingLive.com (formerly ForexLive.com)
Price now: 3,628.2 (earlier reference); see live snapshots below
Bullish above: 3,637
Bearish below: 3,628.2
Primary bias: Neutral until a threshold holds
Partial targets (Bulls): 3,640.2 · 3,648.7 · 3,654.4
Partial targets (Bears): 3,620.3 · 3,616.7 · 3,613.2 · 3,605.5 · 3,595.9
Live Snapshot — Gold Futures & Spot (at the time of this analysis)
GC1! (COMEX futures): 3,627.1, -0.72%
Day’s range: 3,623.0 – 3,637.9 · 52-week range: 2,528.9 – 3,655.5
XAUUSD (spot): 3,584.145, -0.07%
Day’s range: 3,583.810 – 3,597.200 · 52-week range: 2,500.190 – 3,600.205
Note: Futures can trade at a premium/discount to spot due to carry, delivery month specifics, and liquidity. Apply the threshold you trade to the instrument you’re trading.
Gold Price Outlook — Context & Directional Bias (Today)
GC futures sit just below the bearish trigger (3,628.2). Per tradeCompass rules, bears still want acceptance/sustainability below 3,628.2 before pressing targets. Conversely, only sustained trade above 3,637 confirms the bullish path for today’s gold price prediction. Also note Friday’s textbook breakout that initiated this leg higher—see our breakdown: It’s a textbook breakout in gold (Sept 5).
Key Levels & Profit Targets — Gold Technical Analysis for Today (tradeCompass)
Bullish path (only if 3,637 holds):
3,640.2 — Liquidity magnet from Sep 3 & 5 sweeps; often the first reaction area.
3,648.7 — Just beneath Friday’s POC; heavy prior activity invites retests. Move the stop to the entry if this target is reached.
3,654.4 — Into Friday’s VAH; common spot for responsive selling/scale-outs.
Bearish path (only if 3,628.2 breaks and holds):
3,620.3 — Above Sep 3 POC; logical first scale-out.
3,616.7 — Near Sep 3 VWAP and Friday’s lower VWAP deviation; confluence favors reaction. Move the stop to the entry if this target is reached.
3,613.2 — Just over Sep 4 VAH; prior acceptance edge.
3,605.5 — Notable liquidity pool (Sep 3–4); can fuel continuations or sharp bounces.
3,595.9 — Above Sep 4 VAL; deeper bearish control if reached.
Swing extensions for shorts (if trend accelerates): 3,577 and 3,566 (tied to Sep 2 references).
Gold News & Macro Drivers Supporting Today’s View
Central bank demand: China added gold for the 10th straight month, reinforcing the strategic bid beneath price.
Reserve diversification: El Salvador bought gold for the first time since 1990, signaling diversification away from Bitcoin and supporting longer-term allocation narratives.
ETF flows: India’s gold ETFs saw $233M of net inflows in August, the third straight month—an incremental tailwind to dips (Moneycontrol via TradingView News).
These catalysts don’t override intraday levels, but they help explain why dips into high-volume nodes can find committed buyers.
Gold Price Prediction — Trade Plan & Triggers (Today)
Longs only above 3,637 (sustained): 3,640.2 → 3,648.7 → 3,654.4 with staged exits.
Shorts only below 3,628.2 (sustained): 3,620.3 → 3,616.7 → 3,613.2 → 3,605.5 → 3,595.9.
If neither threshold holds, treat conditions as balanced and fade extremes with discipline.
Educational Spotlight (Today): VWAP, Value Area & Liquidity Pools
VWAP approximates session “fair value” by volume. Above VWAP often denotes buyer control; below it, sellers typically dominate.
Value Area (VAH/VAL) outlines where most trading occurred; edges frequently act as reaction zones as inventory rebalances.
Liquidity pools are clusters of resting orders near obvious levels; price often “hunts” them, triggering stops before the next leg.
tradeCompass Method — Risk & Trade Management
One trade per direction per tradeCompass. After targets hit, stand down until a fresh map is published.
Partial profits: Scale at VWAP/POC/VAH/VAL to bank risk while keeping a runner for continuation.
Stops: Place stops just beyond the opposite threshold; a breach invalidates the setup.
Confirmation: Your choice—instant triggers, two-bar closes, or a 5–15 min hold above/below thresholds.
Professional Disclaimer
This gold technical analysis for today and gold price prediction are decision-support only, not financial advice. Futures and CFDs carry significant risk. Manage size, use stops, and trade responsibly. Visit investingLive.com for additional views.
