Gold continues to climb, as the U.S. gov shutdown is still on. ADP job data for September shows 32,000 Americans lost the jobs, largest drop since 2023, and 1st consecutive drop since 2020.

Trump's tariff ridden, threatening every country with economic warfare policies, may not be going according to plan.  With the $4 Trillion debt binge that he is trying to secure, hence the U.S. Gov shutdown, to Make America Great Again, whilst cutting back on social and essential services, and threatening, yes what you would expect from him, cuts to Democratic controlled States.  ADP date for September showed a decline in hiring and job losses at 32000, also note the first consecutive drop in employment since 2020.  Which is showing as close to a certainty that the Federal Reserve, under pressure by Trump, will cut rates at the end of October.  With the Stagflation Lite scenario, which most likely has been with us since 2022 (check your food/energy bills and empty bank account), is now being discussed in the media.  

Gold may pull back to the 3770 and 3670 trading range, please refer to the above chart. 

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All Gold analysis and commentary:  chiasmusmagazine.blogspot.com/search/label/gold%20price