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September 1st, 2022: Gold — Close to the edge

Review

Gold in US-Dollars, 4-hour chart from September 1st, 2022. Source: Tradingview

Technical Analysis: Gold in US-Dollar

Gold in US-Dollars, weekly chart as of September 1st, 2022. Source: Tradingview
Gold in US-Dollars, daily chart as of September 1st, 2022. Source: Tradingview

Commitments of Traders for Gold — Close to the edge

Commitments of Traders for Gold as of August 27th, 2022. Source: Sentimentrader

Sentiment for Gold — Close to the edge

Sentiment Optix for Gold as of August 27th, 2022. Source: Sentimentrader

Seasonality for Gold — Close to the edge

Seasonality for Gold over the last 53-years as of August 27th, 2022. Source: Seasonax

Macro update: Recession and stagflation

FED Balance Sheet Total as of August 24th , 2022, ©Holger Zschaepitz
US-Consumer Sentiment as of August 11th, 2022. ©Y-Charts
Chinese property market as of August 22nd, 2022. ©Market Sentiment
FED balance sheet path, as of August 19, 2022. ©IGWT Gold Compass, August

Conclusion: Gold — Close to the edge

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