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Gold Rips $130 on Iran War Panic

Wednesday, July 22, 2026

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โš”๏ธ XAU ALERTS
Gold Rips $130 on Iran War Panic

Wednesday, July 22, 2026

Gold launched from $4,077 and hit $4,166 as US strikes on Iran entered an eleventh straight night, driving a wave of safe-haven buying that crushed the shorts. The DXY is holding above 101, supported by Treasury yields and hawkish Fed rhetoric, but it's not strong enough to stop gold when geopolitical fear is this hot. Bulls are in full control today - the question now is whether they have enough fuel to crack $4,166 and attack $4,200.

๐Ÿ“‰ Daily Bias: Bullish
๐Ÿ”ด Key Resistance: $4,166
๐ŸŸข Key Support: $4,080

FOMC meets July 29 and September rate hike odds sit at 68% - that combo is the next real threat to this rally.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice