Bullish XAUUSD Setup: $4335 Support Holds as Price Approaches $4400

XAUUSD rose for two consecutive trading days

Last Friday, XAUUSD increased for the second straight trading day, and came close to the US$4400 mark.

The USDX climbed and then fell

Last Friday, the USDX climbed and then fell. It ended down 0.02% at 100.21.

Gold ETF holdings increased

As of 18^th September 2026, gold ETF holdings reached 1057.12 tons, an increase of 4.28 tons from the previous trading day, according to the data from the world’s largest Gold ETF SPDR Gold Trust.

The bullish market trend prevailed in the short term

the Chart of the Day

On the chart of the day, XAUUSD rose steadily. The bullish market trend prevailed in the short term. In terms of technical indicators, KDJ went upwards after golden cross occurred, showing that XAUUSD will climb further. Investors should focus on whether XAUUSD will break through the resistance at 4435. It will climb with potential resistance at 4500 if it breaks above 4435.

4-hour chart

On the 4-hour chart, XAUUSD was prone to fluctuation and jumped. The bullish market trend prevailed. In terms of technical indicators, MACD went upwards after golden cross occurred, showing that the market trend is bullish. Investors should focus on whether XAUUSD will break through the support at 4335. It will rise if it retreats but is stable above 4335.

Key resistance: 4435,4500

Key support: 4335,4300

Generally speaking, the bullish market trend prevailed in the short term. Investors could buy as XAUUSD retreats during the day.