GOLD: Gold Price Forecast for September 1GoldOANDA:XAUUSDStone_HavenXAU/USD is currently trading around 4,456 USD/oz after a sharp decline from the 4,600 area down to 4,420. At the moment, price has shown a bullish reaction and is attempting to regain momentum on the H1 timeframe. However, the short-term trend has not fully reversed to the upside yet, as price remains below the EMA50, EMA100, and EMA200. Above the current price, the 4,475–4,525 zone remains a very important resistance area. If price holds the 4,420–4,440 support zone and breaks above 4,475, gold could continue its recovery toward 4,490 → 4,510 → 4,525. A successful breakout and retest of 4,525 would open the door for a further move toward **4,550–4,575**. On the other hand, if price is rejected from the 4,475–4,525 resistance zone and breaks below 4,420, selling pressure could return, with potential targets at 4,400 → 4,380. Today’s Bias: Bearish correction, but BUY opportunities are preferred on pullbacks toward support. 👉 Avoid chasing BUY positions around 4,450–4,465. Be patient and wait for price to reach support or for a clear breakout. Conversely, if gold rebounds into the 4,475–4,525 zone but faces repeated rejection, this will be an important area to watch for sellers to re-enter the market.