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Gold Bounces Dead. CPI Week Decides Everything.

Thursday, October 8, 2026

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โš”๏ธ XAU ALERTS
Gold Bounces Dead. CPI Week Decides Everything.

Thursday, October 8, 2026

Gold clawed back above $4,133 after FOMC minutes confirmed all 12 Fed members backed September's rate hike. DXY is pinned at 18-month highs near 102.27, driven by euro weakness and a 10-year Treasury yield above 5.35%. This is a dead-cat bounce until price proves otherwise above $4,175.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,175
๐ŸŸข Key Support: $4,103

CPI lands Wednesday, October 14. Street consensus is 3.7% YoY. A hot print and $4,060 opens immediately.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice