{"id":437010,"date":"2026-08-27T16:17:46","date_gmt":"2026-08-27T09:17:46","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/gold-bulls-on-edge-ahead-of-fed-chair-warsh-speech-at-jackson-hole-437010\/"},"modified":"2026-08-27T16:17:46","modified_gmt":"2026-08-27T09:17:46","slug":"gold-bulls-on-edge-ahead-of-fed-chair-warsh-speech-at-jackson-hole","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/gold-bulls-on-edge-ahead-of-fed-chair-warsh-speech-at-jackson-hole-437010\/","title":{"rendered":"Gold bulls on edge ahead of Fed Chair Warsh speech at Jackson Hole"},"content":{"rendered":"
\n

FUNDAMENTAL
\n OVERVIEW<\/p>\n

\u00a0<\/p>\n

The strong bullish momentum in gold has waned recently, likely due to some
\n profit-taking ahead of the Jackson Hole event. After the Treasury buyback announcement and Bessent\u2019s \u201cverbal\u201d intervention
\n to suppress long-term yields, traders will be eager to see whether Fed Chair Warsh
\n leans against the easing in financial conditions.<\/p>\n

If he doesn\u2019t, gold will likely get another boost from further easing in
\n financial conditions and the dovish repricing in near-term interest rate
\n expectations. On the other hand, if he pushes back saying things like
\n “recent easing in financial conditions, if sustained, could complicate the
\n process of returning inflation to our target” or “if recent easing
\n threatens progress toward price stability, we will not hesitate to respond
\n appropriately” and so on, the market may interpret it as a signal for a
\n potentially hawkish September FOMC and put pressure on gold.<\/p>\n

\u00a0<\/p>\n

GOLD TECHNICAL ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n

On the daily chart, we can
\n see that the bullish momentum in gold has waned a bit recently as we approach the
\n Jackson Hole event. The natural target should be the swing high level around
\n 4,890. If the price gets there, we can expect the sellers to step in with a
\n defined risk above the swing level to position for a drop into the 3,885 level.
\n The buyers, on the other hand, will want to see the price breaking higher to
\n increase the bullish bets into the 5,400 level next.<\/p>\n

GOLD TECHNICAL ANALYSIS \u2013 4
\n HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 4 hour chart, we have
\n an upward trendline defining the bullish momentum. If we get a pullback into
\n the trendline, we can expect the buyers to lean on it with a defined risk below
\n it to keep pushing into new highs. The sellers, on the other hand, will want to
\n see the price breaking below the trendline to pile in for a drop into the 3,885
\n level next.<\/p>\n

GOLD
\n TECHNICAL ANALYSIS \u2013 1 HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 1 hour chart, we
\n have another minor trendline defining the current pullback. The buyers will
\n likely continue to lean on the downward trendline with a defined risk above it
\n to keep pushing into new lows. The buyers, on the other hand, will look for a
\n break higher to increase the bullish bets into the 4,890 level next. The red
\n lines define the average daily range<\/a> for today.<\/p>\n

UPCOMING CATALYSTS<\/p>\n

Today<\/a>we get the US Jobless Claims figures. Tomorrow, we conclude the week
\n with Fed Chair Warsh\u2019s speech at the Jackson Hole Symposium. <\/p>\n

This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

FUNDAMENTAL OVERVIEW \u00a0 The strong bullish momentum in gold has waned recently, likely due to some profit-taking ahead of the Jackson Hole event. After the Treasury buyback announcement and Bessent\u2019s \u201cverbal\u201d intervention…<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-437010","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=437010"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437010\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=437010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=437010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=437010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}