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News · ■ Mixed · 1 source confirmed · 2026-09-29 03:07 UTC

Gold Price Forecast: XAU/USD sees a dead cat bounce ahead of US jobs data

Why now

Thesis: Gold rebound seen as temporary

Catalyst to watch: US jobs report surprise

Main risk: Strong jobs data could crush gold

Why it matters

A dead-cat bounce implies the prior gold drop may resume once jobs data lands.

Related assets & topics

Gold (COMEX) · GC=FGoldJobsBarrick Gold · GOLDGold · GLD

Sources

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