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Gold Cracks Hard. Fed Hike Bets Own Bears.

Tuesday, September 8, 2026

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โš”๏ธ XAU ALERTS
Gold Cracks Hard. Fed Hike Bets Own Bears.

Tuesday, September 8, 2026

Gold dropped over $50 today as 60% Fed rate hike odds crushed bulls still nursing last week's NFP wound. DXY sits at 98.82, sliding on yen strength, but rising real yields and oil near $100 on fresh Houthi attacks on Saudi energy facilities are doing the dollar's dirty work. Bears are in control below $4,424. CPI this week is the make-or-break print before the Fed meets September 15.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,424
๐ŸŸข Key Support: $4,300

CPI Thursday is the last major data point before the Fed - hot print accelerates the selloff fast.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice