XAUUSD: spot ~$4,379 (+0.9%) one-week high — post-Fed rebound on softer oil/yields
Posted: Fri Sep 18, 2026 3:20 pm
XAUUSD — second-day bounce, Fed week still in the rear-view
Gold pushed a one-week high into the London/NY overlap. Reuters/Kitco: spot $4,378.97 (+0.9%) at 1141 GMT; US futures $4,418.50 (+0.4%). Kitco AM earlier printed nearer $4,371.
Context: FOMC Wed hiked to 3.75–4.00% and SEP/dots still lean toward another move this year, yet bullion shrugged as oil fell a third session and yields eased. BoJ’s hike to 1.25% is a global-tightening footnote for gold more than a direct driver.
Working levels (Kitco): first resistance 4,381 then 4,396; first support 4,282 then 4,270. Constructive while reclaiming/holding the breakout shelf; invalidation is a clean slip back under 4,282 if crude or the 10y re-accelerates.
Same process as silver: oil–yields–dollar chain first, geopolitics second. Hormuz/Middle East risk keeps a defensive bid, but lower oil is the near-term relief valve.
Does anyone need a close above 4,381 before adding, or are you already long from the post-Fed dip?
Gold pushed a one-week high into the London/NY overlap. Reuters/Kitco: spot $4,378.97 (+0.9%) at 1141 GMT; US futures $4,418.50 (+0.4%). Kitco AM earlier printed nearer $4,371.
Context: FOMC Wed hiked to 3.75–4.00% and SEP/dots still lean toward another move this year, yet bullion shrugged as oil fell a third session and yields eased. BoJ’s hike to 1.25% is a global-tightening footnote for gold more than a direct driver.
Working levels (Kitco): first resistance 4,381 then 4,396; first support 4,282 then 4,270. Constructive while reclaiming/holding the breakout shelf; invalidation is a clean slip back under 4,282 if crude or the 10y re-accelerates.
Same process as silver: oil–yields–dollar chain first, geopolitics second. Hormuz/Middle East risk keeps a defensive bid, but lower oil is the near-term relief valve.
Does anyone need a close above 4,381 before adding, or are you already long from the post-Fed dip?