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Dollar Breaks Down, Gold Owns $4,400

Monday, August 17, 2026

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โš”๏ธ XAU ALERTS
Dollar Breaks Down, Gold Owns $4,400

Monday, August 17, 2026

DXY is bleeding through 99.5 for a third straight session, sitting at the lowest level since June 2026. Soft CPI, weak retail sales, and September hike odds collapsing to 35% are all jet fuel for gold. Bulls drove price to $4,428 intraday and are pressing resistance hard.

๐Ÿ“‰ Daily Bias: Bullish
๐Ÿ”ด Key Resistance: $4,441
๐ŸŸข Key Support: $4,376

FOMC minutes drop Wednesday and Fed Chair Warsh speaks at Jackson Hole on August 28. either event can flip the tape overnight.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice