Gold Waits for the CPI Verdict. Forecast as of 11.09.2026

Despite numerous bullish drivers for gold, including de-dollarization, US government intervention in the debt market, loss of confidence, and the debasement trade, XAU/USD may decline in the short term. Let's discuss this topic and outline a trading plan.Major Takeaways Gold fears Fed rate hikes. An S&P 500 correction will intensify XAU/USD selling. The precious metal's fate hinges on US inflation. Strong CPI data would be a reason to sell gold, with a target of $4,170.Fundamental Forecast f