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GDP Miss Craters Dollar, Gold Punches Back

Thursday, July 30, 2026

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โš”๏ธ XAU ALERTS
GDP Miss Craters Dollar, Gold Punches Back

Thursday, July 30, 2026

DXY cracked to ~99.87 intraday. its weakest since mid-June. as suspected Japanese FX intervention nuked USD/JPY and a soft US Q2 GDP print double-tapped the dollar. Gold ripped off a $4,028 low and closed near $4,103, bulls back in the driver's seat. Three FOMC members are still pushing for rate hikes and September odds are climbing. that's the wall gold has to clear.

๐Ÿ“‰ Daily Bias: Bullish
๐Ÿ”ด Key Resistance: $4,122
๐ŸŸข Key Support: $4,028

Month-end Friday brings Chicago PMI and BOJ decision. expect volatile positioning into the close.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice