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Gold Breaks $4,600. Dollar Collapses. Bulls Run.

Friday, August 21, 2026

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โš”๏ธ XAU ALERTS
Gold Breaks $4,600. Dollar Collapses. Bulls Run.

Friday, August 21, 2026

The dollar cracked below 99 today, hitting a three-month low after the US Treasury doubled its long-term bond buyback program and US national debt blew through $40 trillion. Gold ripped $84 higher on the session. Bulls now face a critical daily resistance wall at $4,620 - hold above it and $4,700 is open.

๐Ÿ“‰ Daily Bias: Bullish
๐Ÿ”ด Key Resistance: $4,632
๐ŸŸข Key Support: $4,508

RSI is deep in overbought territory across daily and H4 - a rejection from $4,620 triggers fast pullback risk into next week.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice