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Gold Rejects $4,227. Sellers Own This Market

Friday, October 2, 2026

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โš”๏ธ XAU ALERTS
Gold Rejects $4,227. Sellers Own This Market

Friday, October 2, 2026

Gold spiked to $4,227 on a historically weak NFP print of just 29K jobs. then reversed hard and closed near $4,142. The bounce failed. Sellers absorbed every bid above $4,200 and the 10-year yield holding near 5.30% keeps gold pinned. DXY pulled back to ~101.90 after the data, but a weekly gain of ~1% means dollar bulls are still in control.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,200
๐ŸŸข Key Support: $4,100

Failed rallies on soft data are a seller's signal. Until gold closes above $4,200, favor sells on every pop.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice