Natural gas price benefited from the repeated positive pressures by breaching the barrier at $2.920, confirming the continuation of the bullish corrective scenario, approaching the initial target at $3.050.

In general, the stability above $2.620 support and providing bullish momentum by the main indicators will increase the efficiency of the bullish trend in the current trading, to expect the attempt of recording extra gains by its rally towards $5.200 and $3.380.

The expected trading range for today is between $2.950 and $3.200

Trend forecast: Bearish

Platinum price ended the last corrective decline by its approach from the support level of $1695.00, to begin forming bullish waves, announcing the continuation of the previously suggested bullish scenario, fluctuating near $1780.00 level.

The price might be forced to provide some sideways trading until gathering bullish momentum to surpass the 55-moving average at $1800.00, to begin targeting several positive stations by its rally towards $1860.00 and $1910.00.

The expected trading range for today is between $1730.00 and $1860.00

Trend forecast: Bullish

Spot gold is edging higher Wednesday after rebounding from an early session setback. The main trend changed to down earlier today when sellers took out the swing bottom at $4,311.04, but new buyers may have emerged on the test of a key retracement zone.

The long-term range is $3,942.10 to $4,697.11. Its 50% to 61.8% retracement zone is $4,319.60 to $4,230.51. Today’s rebound came from a trade to $4,282.62, which fell inside the zone. To some traders, this is a value zone.

Adding to concerns about heightened volatility is the fact that Spot gold is trading under 200-day moving average resistance at $4,530.71 and nearing 50-day moving average support at $4,222.93.

The early price action suggests trader reaction to the 50% level at $4,319.60 will determine the direction of the market into the close. A sustained move over this level could lead to a strong rally into the close, while failure to hold it would put the $4,230.51 to $4,222.93 support cluster back on the radar.

What to Watch

The rate trade stays pointed against gold until the data changes it. Warsh and Barr both said this week the Fed has more work to do. The 10-year pulled back from 4.814% but is still near a multiyear high. The dollar index is at 99.67. Crude is above $90 WTI and near $95 Brent. The geopolitical bid from the Middle East conflict is going to the dollar, not the metal. Friday’s payrolls report at 56,000 expected is the number that can either keep the 68% September odds in place or force a repricing. The rate pressure holds until a soft jobs number gives buyers a reason to step back in.

Gold bounced from $4,282.62 inside the long-term retracement zone at $4,319.60 to $4,230.51. The main trend turned down Wednesday when sellers took out $4,311.04. The 200-day moving average at $4,530.71 is resistance above. The trade stays bearish while gold sits under $4,319.60. A close above that level is the first sign value buyers are taking over. A break through the 50-day at $4,222.93 opens the support cluster down to $3,942.10. The 200-day break from Friday is still the damage running this market. Wednesday’s bounce has not undone it.

If you’d like to know more about how to trade gold, please visit our educational area.

Copper price ended its recent trading by posting consecutive closes below the barrier at $6.7400, forcing it to succumb to the negative momentum of the Stochastic indicator and form several bearish corrective waves, with the price currently stabilizing around $6.3800.

The price needs to hold above the support level at $6.3300 during the current period to reinforce the previously suggested main bullish scenario, initially targeting $6.5000 and then the aforementioned barrier. However, breaking below this support and holding beneath it would force the price to form further corrective waves, potentially leading to additional losses toward $6.2000, which in turn represents the key level separating the current move from a potential change in the overall trend of upcoming trading.

The expected trading range for today is between $6.3300 and $6.5000

Trend forecast: Fluctuating

2026.09.02 2026.09.02
Short-Term Analysis for Oil, Gold, and EURUSD for 02.09.2026

Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/

Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.

Gold prices continued to fall today.

Major Takeaways

• USCrude: Oil may pull back after reaching the Gold Zone of 90.05–89.64.
• XAUUSD: Gold is correcting upward after hitting the Gold Zone of 4,286–4,276.
• EURUSD: The euro is testing the key support of 1.1585–1.1572 within the short-term uptrend.

Oil Price Forecast for Today: USCrude Analysis

Oil prices continued to rise yesterday, piercing the Target Zone of 86.82–85.61 and reaching the Gold Zone of 90.05–89.64. Bears are currently holding the Gold Zone, so a downward correction may unfold.

If a correction develops, the price may test the support zone A of 86.71–86.31. Consider long trades near it, with the first target at 88.53 and the second one around 90.75.

USCrude Trading Ideas for Today:

Buy near support A of 86.71–86.31. TakeProfit: 88.53, 90.75. StopLoss: 85.28.

Gold Forecast for Today: XAUUSD Analysis

Gold prices continued to fall today, reaching the Gold Zone of 4,286–4,276. Bulls defended this zone, and the price began to rise. If this corrective rally continues, the metal will climb to resistance A of 4,395–4,385. Once this zone is tested, consider short trades, with the first target at 4,338 and the second one near today’s low of 4,282.

XAUUSD Trading Ideas for Today:

Sell near resistance A of 4,395–4,385. TakeProfit: 4,338, 4,282. StopLoss: 4,420.

Euro/Dollar Forecast for Today: EURUSD Analysis

The euro continues to correct lower and is testing support B of 1.1585–1.1572. This support zone is the boundary of the short-term uptrend. If bulls keep the asset above this zone and the price begins to rise, long trades can be considered, with the first target at 1.1642 and the second one around 1.1711.

If the euro price settles below support B, the short-term trend will turn bearish. In this case, consider short trades on the next trading day, targeting the lower Target Zone of 1.1459–1.1434.

EURUSD Trading Ideas for Today:

Buy near support B of 1.1585–1.1572. TakeProfit: 1.1642, 1.1711. StopLoss: 1.1540.

Would you like to learn more about technical analysis methods and principles? Explore our comprehensive guide.

P.S. Did you like my article? Share it in social networks: it will be the best “thank you” 🙂

Useful links:

• I recommend trying to trade with a reliable broker here. The system allows you to trade by yourself or copy successful traders from all across the globe.
• Use my promo code BLOG to get a 50% deposit bonus on the LiteFinance platform. Simply enter this code in the appropriate field when funding your trading account.
• Telegram chat for traders: https://t.me/litefinancebrokerchat. We are sharing the signals and trading experience.
• Telegram channel with high-quality analytics, Forex reviews, training articles, and other useful things for traders https://t.me/litefinance

Price chart of XAUUSD in real time mode

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc.Copyright © 2026, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC filings and other documents provided by Quartr.© 2026 TradingView, Inc.

Despite the weakness in the pair’s recent trading, posting further negative closes below the 217.85 barrier supports the continuation of the previously suggested bearish corrective bias. The price has once again slipped below the 216.35 level, signaling its readiness to resume the previously proposed corrective decline.

Moreover, stochastic is providing negative momentum while stabilizing near the 20 level, reinforcing the chances of the price targeting the upcoming corrective levels around 215.55 and 214.95, respectively.

The expected trading range for today is between 214.95 and 216.50

Trend forecast: Bearish

The Platinum Group Metals Ltd stock price fell by -4.03% on the last day (Tuesday, 1st Sep 2026) from $1.49 to $1.43. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 3.50% from a day low at $1.43 to a day high of $1.48. The price has fallen in 6 of the last 10 days but is still up by 0.7% over the past 2 weeks. Volume has increased on the last day by 426 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $1.51 million.