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Gold Crashes 4% as Trump Kills Iran Deal

Monday, September 28, 2026

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โš”๏ธ XAU ALERTS
Gold Crashes 4% as Trump Kills Iran Deal

Monday, September 28, 2026

Gold collapsed nearly 4% as Trump rejected Iran's Strait of Hormuz peace proposal, sending Brent crude above $107 and hammering rate-hike bets to 70% for October. DXY holds firm above 101, the 10-year Treasury is back above 5.2%, and sellers are in full control below $4,250. Price broke the $4,262 support level hard and is testing multi-week lows with no floor in sight.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,250
๐ŸŸข Key Support: $4,111

Wednesday's Core PCE and GDP drop together. a hot PCE print buries gold toward $4,040.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice