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Gold Crashes $119. Warsh Kills the Bulls.

Tuesday, September 1, 2026

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โš”๏ธ XAU ALERTS
Gold Crashes $119. Warsh Kills the Bulls.

Tuesday, September 1, 2026

Gold collapsed 2.68% today as Treasury yields hit multi-year highs and DXY reclaimed 99.60. Fed Chair Warsh's hawkish Jackson Hole stance pushed September rate-hike odds to 66% - that's a direct hit to non-yielding gold. Price sliced through the 200-day moving average and bears are fully in control below $4,390.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,390
๐ŸŸข Key Support: $4,290

NFP drops Friday, September 4 - a hot print accelerates this sell-off fast.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice