EURUSD & GOLD

3747.81 as support for now

risky buying now at ATH

searching here normally finds good indicators tried and tested by others

I am just waiting for consolidation to finish

Because after every consolidation there is a break out which gives good money

let us know if you find good ones

as expected

What happened here

Booked

designed a beautiful pattern indicator out of sheer necessity, will use it from next trade onwards, this one reached weekly range

lets see what eurusd is upto nowadays

May I know what are the settings of your Moving Average?

10 20 30 40 50

Current account was USD positive, next news decides if gold falls or rises

Here are some of the key **fundamental** and **technical** reasons that seem to have driven **XAU/USD (gold vs US dollar)** up today, based on recent reports. If you like, I can pull up charts to show the technical levels too.

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## Fundamental Drivers

1. **Expectations of US Rate Cuts**

* Markets are increasingly betting that the US Federal Reserve will begin cutting interest rates — possibly in October and/or December — due to signs of slower growth and persistent inflation risk. ([Reuters][1])
* Lower interest rates reduce the opportunity cost of holding non-yielding assets like gold. ([mint][2])

2. **Weaker US Dollar**

* The US dollar index has been falling. A weaker USD makes gold cheaper for overseas buyers, boosting demand. ([India Today][3])
* Dollar weakness often also correlates to lower yields on US Treasuries, which helps gold. ([The Economic Times][4])

3. **Lower/Yield‑declining Treasury Yields**

* When US interest rates/yields decline, the holding costs for gold fall, and the return on safe fixed income gets less attractive, pushing investors toward gold. ([The Economic Times][4])

4. **Inflation & Economic Slowing / Uncertainty**

* Persistent inflation risks keep gold attractive as a hedge. ([India Today][3])
* Slower US economic data (or softer growth) also supports the expectation that the Fed will ease, and shifts funds to safer assets. ([India Today][3])

5. **Safe‑Haven Demand / Geopolitical Risks**

* In times of geopolitical tension or uncertainty, gold is one of the go‐to safe assets. Some recent news has such risk elements. ([India Today][3])

6. **Central Bank Buying / ETF Inflows**

* Though less cited for *today’s* move, broader trends include central banks increasing gold reserves and strong investor demand via ETFs. ([Investopedia][5])

---

## Technical Drivers

1. **New Record Highs / Breakouts**

* Gold has been hitting record highs recently. Breaking previous resistance tends to attract momentum buying. ([Reuters][6])

2. **Momentum / Trend Strength**

* The uptrend appears strong; short‐term pullbacks are being bought up by traders. ([India Today][3])

3. **Support from Key Levels**

* There are reports that gold prices have rebounded from recent lows and are being supported by expectation of rate cuts, which gives a basis for buyers to step in on dips. ([yourtradingjourney.com][7])

4. **Speculative Buying**

* As gold breaks new price levels, speculative traders (including trend followers, funds) may be jumping in, adding fuel to the rally. ([The Economic Times][4])

---

If you want, I can lay out how these are reflected in indicators (e.g. RSI, MACD, moving averages) for XAUUSD, so you can see technical risk zones / resistance levels. Do you want that?

[1]: https://www.reuters.com/world/india/...ce=chatgpt.com "Gold at record high as further Fed rate cut hopes spur investor demand"
[2]: https://www.livemint.com/market/comm...ce=chatgpt.com "Gold rate today: Why are gold prices skyrocketing? Explained | Stock Market News"
[3]: https://www.indiatoday.in/business/s...ce=chatgpt.com "Gold rises to record high. 3 reasons behind its strength - India Today"
[4]: https://m.economictimes.com/news/int...ce=chatgpt.com "gold market trends: Gold prices hit record peak as weaker dollar, falling yields, and speculative buying fuel surge – Why are Gold prices rising, and Is the rise temporary? - The Economic Times"
[5]: https://www.investopedia.com/gold-is...ce=chatgpt.com "Gold Is Pricier Than Ever. Here's Why Experts See It Rising Even Higher"
[6]: https://www.reuters.com/world/india/...ce=chatgpt.com "Gold hits record high as traders bet on US rate cuts, eye Powell's signal"
[7]: https://yourtradingjourney.com/gold-...ce=chatgpt.com "Gold Price Today Rebounds | XAUUSD Forecast & Gold Price Prediction"

positions taken, ready for news

usd negative so gold will go beyond 3800

The Richmond Manufacturing Index for September 2025 has dropped to -17.00 from -7.00 in August, indicating a deeper contraction in the regional manufacturing sector. When this index shows weakness—particularly a steep drop or negative surprise—it often signals regional economic slowdowns, which can increase investor demand for safe-haven assets like gold.
Given the latest index value, traders typically anticipate upward pressure on XAU/USD (gold priced in USD) as economic worries grow, prompting asset flows away from risk and into gold. In fact, recent XAU/USD quotes show the price around 3777.17, maintaining strength amid signs of U.S. manufacturing softness. While the Richmond Fed index isn’t the only driver, its deterioration supports the bullish short-term outlook for gold against the U.S. dollar.
Key Points

1. The Richmond Fed Manufacturing Index fell sharply to -17.00 in September 2025, deepening contraction signals.

1. Weak regional manufacturing data increases global market uncertainty, benefiting gold (XAU/USD) as a safe-haven.

1. XAU/USD is trading strongly around 3777.17, reflecting these economic undercurrents.

Implications for Prediction
With the Richmond Manufacturing Index deep in negative territory, expect continued support for XAU/USD until U.S. manufacturing stabilizes; new shocks or deteriorations may trigger further gold price gains.

i trust the news not the indicators

Accurate prediction.

The economic indicators were below expectations.
Richmond is a regional indicator, but we correlate it with the S&P Global Composite PMI Flash, also below expectations, but above the 50 level.
Conclusion: gold / eurusd will rise in the short term.