Gold is trading near $4,600 per ounce after a sharp 1.8–2% rally on August 21 that broke above the 200-day moving average near $4,516 and the prior downtrend line, with the session high reaching $4,632. Recent softer U.S. data—July nonfarm payrolls missing expectations, CPI at 3.4% year-over-year with a second consecutive deceleration, and weaker retail sales—have lowered the implied probability of a September FOMC rate hike, easing pressure on real yields and supporting gold’s role as a non-yielding asset. This shift has reinforced the technical breakout, opening measured-move targets near $4,780–$4,891 if support near $4,509 holds through the coming week. Traders are watching upcoming releases including ADP employment, preliminary Q2 GDP, jobless claims, and Michigan inflation expectations for fresh signals on the Fed’s path, with any further dovish repricing likely to sustain upward momentum in the near term.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated↑ $4,950
50%
↑ $4,900
50%
↑ $4,850
50%
↑ $4,800
50%
↑ $4,750
50%
↑ $4,700
63%
↑ $4,650
69%
↓ $4,600
77%
↓ $4,550
72%
↓ $4,500
51%
↓ $4,450
50%
↓ $4,400
50%
↓ $4,350
50%
↓ $4,300
50%
$20 Vol.
↑ $4,950
50%
↑ $4,900
50%
↑ $4,850
50%
↑ $4,800
50%
↑ $4,750
50%
↑ $4,700
63%
↑ $4,650
69%
↓ $4,600
77%
↓ $4,550
72%
↓ $4,500
51%
↓ $4,450
50%
↓ $4,400
50%
↓ $4,350
50%
↓ $4,300
50%
Only prices achieved during an applicable trading session of the specified timeframe's business days will be considered. The trading session for a given business day typically begins at 6:00 PM ET on the prior calendar date. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours.
Prices will be used exactly as published by Pyth, without rounding.
If Gold (XAUUSD) does not trade at all during the listed time frame, this market will resolve to "No".
In the event of a contract specification change, feed change, or similar structural modification affecting the market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth.
The resolution source for this market is Pyth — specifically, the Gold (XAUUSD) "High" and "Low" prices available at https://pythdata.app/explore/Metal.XAU%2FUSD, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high/low price published for the relevant CME COMEX futures contract for the underlying metal—COMEX Gold Futures (GC)—may be used to determine whether the listed price was reached during the applicable trading session.
Market Opened: Aug 21, 2026, 6:01 PM ET
Resolution Source
https://pythdata.app/explore/Metal.XAU%2FUSDResolver
0x65070BE91...Only prices achieved during an applicable trading session of the specified timeframe's business days will be considered. The trading session for a given business day typically begins at 6:00 PM ET on the prior calendar date. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours.
Prices will be used exactly as published by Pyth, without rounding.
If Gold (XAUUSD) does not trade at all during the listed time frame, this market will resolve to "No".
In the event of a contract specification change, feed change, or similar structural modification affecting the market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth.
The resolution source for this market is Pyth — specifically, the Gold (XAUUSD) "High" and "Low" prices available at https://pythdata.app/explore/Metal.XAU%2FUSD, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high/low price published for the relevant CME COMEX futures contract for the underlying metal—COMEX Gold Futures (GC)—may be used to determine whether the listed price was reached during the applicable trading session.
Resolution Source
https://pythdata.app/explore/Metal.XAU%2FUSDResolver
0x65070BE91...Gold is trading near $4,600 per ounce after a sharp 1.8–2% rally on August 21 that broke above the 200-day moving average near $4,516 and the prior downtrend line, with the session high reaching $4,632. Recent softer U.S. data—July nonfarm payrolls missing expectations, CPI at 3.4% year-over-year with a second consecutive deceleration, and weaker retail sales—have lowered the implied probability of a September FOMC rate hike, easing pressure on real yields and supporting gold’s role as a non-yielding asset. This shift has reinforced the technical breakout, opening measured-move targets near $4,780–$4,891 if support near $4,509 holds through the coming week. Traders are watching upcoming releases including ADP employment, preliminary Q2 GDP, jobless claims, and Michigan inflation expectations for fresh signals on the Fed’s path, with any further dovish repricing likely to sustain upward momentum in the near term.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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