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Gold Rips $67 While Dollar Tightens Its Grip

Tuesday, September 29, 2026

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โš”๏ธ XAU ALERTS
Gold Rips $67 While Dollar Tightens Its Grip

Tuesday, September 29, 2026

Gold ripped $67 off the $4,113 low in a sharp reversal, but the DXY is holding near yearly highs at 101.40 with hawkish Fed bets and 10-year yields near multi-year highs keeping bulls on defense. Trump's rejection of Iran's Strait of Hormuz proposal sent yields spiking Monday and crushed gold - today's bounce is fighting that same headwind. $4,185 is the ceiling bulls must break to confirm anything real.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,185
๐ŸŸข Key Support: $4,110

Core PCE drops Wednesday morning - a hot print kills this bounce fast and opens $4,050.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice