short on GoldGoldOANDA:XAUUSDtafchidzy• Technical Exhaustion: After a steep rally, gold is showing signs of fatigue. Forecasts for the week of September 30 suggest a narrow trading range between $3,583 and $3,961, with modest daily gains. This implies limited upside momentum. • Fed Rate Cut Already Priced In: The recent 0.25% rate cut by the Fed was anticipated, and gold dipped slightly post-announcement. With markets recalibrating expectations, the bullish catalyst may be losing steam. • Profit-Taking Risk: After such a strong run, institutional investors may begin locking in gains, especially ahead of Q4 portfolio rebalancing. This could trigger a short-term correction. • Rising Bond Yields: Long-dated yields are climbing globally, which increases the opportunity cost of holding non-yielding assets like gold. • Strong Dollar Bounce Potential: If the dollar stabilizes or rebounds from recent weakness, it could pressure gold prices lower in the near term.