Gold’s Buy-the-Dip Strategy Remains Viable Above $3,345 - XAUUSD Price Outlook

Gold bulls aren't backing down—the dip-buying playbook stays active as long as XAUUSD holds above $3,345.

Why This Level Matters

That $3,345 mark isn't just another number. It's the line in the sand where buyers step in, the level that separates panic from opportunity. Break below it, and sentiment shifts fast.

Timing the Trade

Watch for consolidation near support—shallow pullbacks that signal accumulation, not distribution. This isn't about catching falling knives. It's about recognizing when smart money starts building positions.

Market Psychology at Play

Fear-driven selloffs create value. Greed-driven rallies erase it. Right now, fear's in control—which means calculated entries beat emotional ones. Just ask any trader who's ever bought a 10% drop only to watch it become a 30% collapse.

Final Thought: Gold's playing the long game while fiat currencies race to the bottom—because sometimes the oldest store of value remains the sharpest tool in the shed.

Key economic events impacting gold price prediction

Some significant U.S. economic reports are scheduled for release this week that are expected to impact XAUUSD. 

Sep 2 – ISM Manufacturing PMI

A stronger-than-expected PMI could limit gold’s upside by signaling resilience in manufacturing, though staying below 50 still reflects contraction, which may support gold as a haven.

Sep 3 – JOLTS Job Openings

Fewer job openings WOULD point to a cooling labor market, increasing dovish Fed expectations and favoring gold.

Sep 4 – ADP Jobs, Unemployment Claims, ISM Services PMI

A weaker ADP jobs figure would support gold as labor softness grows. Flat unemployment claims at 229K should have a limited impact, while a modestly stronger services PMI (50.5 vs. 50.1) could pressure gold slightly.

Sep 5 – NFP, Earnings, Unemployment Rate

If NFP comes in NEAR 74K and unemployment ticks higher to 4.3%, markets may interpret it as labor market weakness, bullish for gold. However, steady wage growth at 0.3% could still raise inflation concerns and cap upside.

Overall Gold Outlook

This week’s data leans toward labor market softening and continued manufacturing weakness, suggesting a supportive backdrop for gold, though wage and services strength may limit rallies.

Gold HTF Overview

As mentioned in the previous XAUUSD weekly forecast, gold is nearing its external liquidity of $3500 which is also its all-time high, and investors can expect it to be taken out this week.

Gold forecast for September 1st to September 5th, 2025

As per the 1-hour timeframe, the first buying zone for gold is coming at the golden fib zone and POC level which is around $3447-$3436.

According to the 4h timeframe, the XAUUSD $3416-3404 is the order block and the place where the impulsive buy MOVE started. Investors can expect price to retest and provide a good bounce from this level.

Trading Strategies & Investment Recommendation

To conclude, gold can give both buys and sells this week; however, buys are strongly preferred over sells. Lower time frames are suggesting sells, while higher time frames are still favoring a buy position in gold. 

Resistance Levels

• $3416-3404 – 4h order block and the start of the bullish rally

Support Levels 

• $3447-$3436 – POC level and golden fib zone

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.