Monthly Outlook – September 2025 GoldOANDA:XAUUSDGoldFxMinds📊 Monthly Outlook – September 2025 (XAUUSD) Hello traders, Gold closed August with a strong full-body bullish candle above 3440, pressing into premium territory. The absence of a lower wick highlights dominant buyer control, but the market is extremely stretched compared to its dynamic supports. September will be decisive: either continuation into fresh highs, or a corrective retracement back into structural demand. 🔹 Monthly Structural Zones Monthly Supply 3460–3500 → premium supply, untested liquidity pocket where sellers may attempt control. Monthly Liquidity Wick 3250–3120 → not an Order Block, but a deep liquidity sweep where institutions previously accumulated. Monthly Demand 2800–2850 → major accumulation area + last higher low on monthly structure. 🔹 EMA Confluence (Monthly) EMA 5 → tightly riding price, confirming bullish momentum. EMA 21 → around 2800, aligning with monthly demand (key confluence if pullback). EMA 50 → 2200, long-term support. EMA 100 → 1843, mid-term anchor. EMA 200 → 1578, ultimate macro support. 💡 Interpretation: Price is extremely extended above all EMAs. A healthy retracement toward EMA 21 (2800) is possible if momentum slows, but as long as candles close above EMA 5, bulls remain in full control. 🔹 Progression Map Bullish path (continuation): Break & hold above 3460–3500 → opens 3550–3600. If momentum persists → expansion toward 3700–3720. Monthly close above 3720 confirms price discovery into new ATH territory. Bearish path (retracement): Rejection at 3460–3500, slip under 3400 → first correction toward 3320. If downside continues → test into 3250–3120 liquidity wick (expect liquidity sweep & re-accumulation, not clean OB mitigation). If 3120 fails → deeper move toward 2850 demand, where EMA 21 adds strong confluence. 🔹 Macro Context Dollar strength and global bond yields remain the main driver. Gold’s parabolic climb increases the chance that September prints at least a corrective wick. Institutions may revisit the liquidity wick 3250–3120 for re-accumulation if a deeper pullback sets in. 🔹 Monthly Bias – September 2025 Primary Bias: Bullish → above 3300, gold remains in strong uptrend with EMA 5 support. Neutral → if price consolidates between 3400–3300 after rejection from 3460–3500. Bearish shift → only if the monthly candle closes below 3120, opening the way to 2850 (EMA 21 confluence). ✨ What do you think about this September map? Drop your thoughts below don't forget to 🚀🚀🚀 and follow GoldFxMinds 👇 and let’s get ready for the big monthly battle 🚀