XAUUSD Technical Analysis 1st September 2026 1h chart

XAUUSD Technical Analysis 1st September 2026 1h chart
– August Monthly candle for Gold closed Extremley Bullish at 4440.200 almost tapping into 4700s. Monday Daily candle closed weak Bearish as price ranged overall on the 4h timeframe.

– I’ll be looking for potential Buys above 4461.000 targeting Strong Key Levels at 4500s and 4525s.


– I’ll be looking for potential Sells below 4418.000 targeting previous 4h Resistance at 4395.000 Leaving Runners to the Hourly Support formed at 4360.000.


– Gold has been extremely bullish, with strong momentum continuing to push price higher. However, after such a strong move, a pullback would be expected before the next push up.