Gold Has the Market on Its Side. Forecast as of 04.09.2026

Speculators are increasing their long positions, retail investors are boosting their ETF holdings, and central banks are adding to their gold reserves. Against this backdrop, buying the dip is becoming the best strategy for XAU/USD. The NFP report may provide an opportunity to put this strategy into action. Let's discuss this topic and outline a trading plan.Major Takeaways The precious metal is sensitive to market confidence in the Fed. Central banks continue to buy gold. Asset managers are inc