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Gold Craters $54 as Fed Minutes Loom

Wednesday, October 7, 2026

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โš”๏ธ XAU ALERTS
Gold Craters $54 as Fed Minutes Loom

Wednesday, October 7, 2026

DXY reclaimed 102.00 and is not letting go. Treasury yields at 5.3% are killing every gold rally before it starts. FOMC minutes hit today at 2pm ET. any hawkish lean on December tightening sends gold back toward $4,067 and lower.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,170
๐ŸŸข Key Support: $4,067

FOMC minutes are the trigger. a hawkish read ends any bounce attempt fast.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice