Gold bias flipped 25 times to bearish on September 29, 2026
Gold fell sharply to a 7-week low below $4,150, with headlines citing a drop of around 3.4% amid climbing US bond yields, rising oil prices and a higher US dollar. The move was also linked to shifting expectations around the Fed outlook, including bets on rate hikes, while prices later steadied as traders assessed the Fed outlook and Middle East risks.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 25 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Bearish
- 02:21Bullish
- 03:11Weak bearish
- 03:52Bearish
- 06:47Weak bearish
- 07:03Bearish
- 07:33Weak bearish
- 07:48Bearish
- 08:33Weak bearish
- 10:08Bullish
- 11:03Weak bearish
- 11:58Neutral
- 12:13Bearish
- 13:53Neutral
- 14:08Bearish
- 15:43Weak bullish
- 16:08Weak bearish
- 16:38Weak bullish
- 17:43Weak bearish
- 18:03Bullish
- 18:23Neutral
- 18:48Weak bullish
- 19:58Bullish
- 20:48Weak bearish
- 21:23Neutral
- 23:34Bearish
Headlines (10)
First seen on September 29
- Gold crashes 3.4% as bond yields climb. Is Bitcoin at risk?Crypto.news
- Gold steadies after sharp drop as traders assess Fed outlook, Middle East risksFXStreet
Carried over from earlier days
- Gold price breaks below $4,200 as surging Treasury yields deepen the technical damageInvestingLive
- Bitcoin Price Crashes to $82,780 as Gold and Silver Lose $550B in HoursBitcoin.com News
- Gold and Silver Lose $1 Trillion in a Day as Fed Rate Hike Bets RiseBeInCrypto
- Gold Price Forecast: XAU/USD remains vulnerable as sellers target $4,000FXStreet
- Gold’s 7-Week Low: What the Chart Says Happens NextGoldSilver
- Gold price crashes as 2007-era yields trigger brutal sell-offFXStreet
- Gold falls amid rising oil prices and higher US dollarAl Jazeera
- Gold tumbles below $4.150 as US bond yields, oil prices riseFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, September 29 | ||
| Retail Sales y/y | CHF | |
| KOF Economic Barometer | 106.0 | CHF |
| HPI m/m | 0.1% | USD |
| S&P/CS Composite-20 HPI y/y | 2.2% | USD |
| CB Consumer Confidence | 89.2 | USD |
| JOLTS Job Openings | 7.23M | USD |
| FOMC Member Bowman Speaks | USD | |
| FOMC Member Barr Speaks | USD | |