Gold Gets Ahead of Itself. Forecast as of 14.08.2026

Gold rallied to two-month highs ahead of the inflation reports, only to pull back immediately after the data was released. This seemingly paradoxical move raises a question: is XAU/USD getting carried away by its own euphoria? Let's discuss this topic and outline a trading plan.Major Takeaways The odds of a September Fed rate hike have fallen to 32%. A weak labor market has fueled investors' stagflation concerns. UBS and the LBMA expect gold to trade in the $4,500–$5,000 per ounce range. A