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Gold Tags $4,112 Then Crashes. Dollar Wins Again

Friday, July 31, 2026

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โš”๏ธ XAU ALERTS
Gold Tags $4,112 Then Crashes. Dollar Wins Again

Friday, July 31, 2026

Gold spiked to $4,112 this morning on a U.S. airstrike pause in Iran. then reversed hard, closing near $4,043, down $60 on the day. The dollar bounced off multi-week lows and shut bulls down at the $4,100 wall for the third straight session. Three FOMC members voted to hike at this week's meeting, and a 63% September rate hike probability keeps a ceiling locked over this market.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,100
๐ŸŸข Key Support: $4,021

NFP drops August 7. a hot print crushes gold fast. Don't get caught long into that number.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice