Gold Price Under Downtrend Pressure Despite Oversold Conditions – Analysis – 29-09-2026
Why now
Thesis: Oversold but trend still bearish
Catalyst to watch: Fed guidance and dollar direction
Main risk: Oversold bounce traps shorts
Why it matters
Gold under downtrend pressure despite oversold conditions suggests rate-hike expectations dominate haven demand.
Sources
- googlenews · news.google.com · 2026-09-29 01:39 UTC