Follow Up on Gold - 4th Sept 2025 | PMI will Decide the move

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Follow Up on Gold - 4th Sept 2025 | PMI will Decide the moveGoldOANDA:XAUUSDThe_Trading_PathPrice Action Recap Yesterday’s 3515–3520 demand zone gave a beautiful rejection → over 250 pips in the bag. Classic liquidity sweep + bounce. Today’s Setup 4H chart printed a strong bottom wick rejection and flipped bullish. Price just Broke above daily pivot and holding demand (3538–3540). Structure still points higher, with upside liquidity resting at 3575 → 3600. Fundamentals ADP NFP came in softer (54k vs 73k expected) → USD weakness, bullish gold. Jobless claims mixed, but not strong enough to save USD. The big driver today: US PMI data in NY session. Weak/neutral PMI → gold continues bullish → targets 3575/3600. Strong PMI → possible dip into 3520/3510 demand before resuming higher. Trading Plan ✅ Long bias while 3535–3540 holds as demand. 🎯 Targets: 3575 first, then 3600 if momentum flows. ❌ Invalidation: Clean break below 3520 → deeper retrace possible. ⚠️ Remember: news will decide the short-term volatility. Stick to zones and wait for confirmation. Join the Discord community - https://bit.ly/Tradingpath