Gold XAUUSD | 28 SEP–2 OCT 2026GOLD (US$/OZ)TVC:GOLDYES_GroupLast Week Recap | 21–25 Sep Gold declined amid concerns over inflation and the Fed’s interest rate outlook, with rates remaining at elevated levels. A stronger Dollar and higher Treasury Yields put pressure on Gold prices. Meanwhile, the Fed signaled that there could still be room for further rate hikes, causing Gold to decline during the early part of the week before recovering slightly toward the end of the week. Gold closed on 25 Sep at around $4,282/oz, down approximately 2.4% for the week. Fundamental | 28 Sep–2 Oct 2026 The outlook is Sideway to Bullish, with the market focusing on the Dollar and Treasury Yields, as well as upcoming U.S. economic data that could influence expectations for the Fed’s interest rate path. If economic or inflation data comes in weaker than expected, it could reduce pressure on Gold. Conversely, stronger-than-expected data could support the Dollar and Treasury Yields, limiting Gold’s recovery. Meanwhile, Geopolitical Risk remains a supporting factor for Safe-Haven Demand. Technical Analysis — 4H Gold remains in an Uptrend structure, with support at 4,256 and 4,234. If these levels hold, the price could move higher to test 4,315 / 4,340. A breakout above 4,340 could open the way toward 4,400. However, a break below 4,234 could lead to further downside. Bias: Sideway to Bullish Resistance: 4,315 / 4,340 / 4,400 / 4,440 / 4,510 Support: 4,256 / 4,234 Target: 4,400 Cut Loss: Below 4,234