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Gold Trapped at $4,053. Fed Week Decides Everything

Friday, July 24, 2026

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โš”๏ธ XAU ALERTS
Gold Trapped at $4,053. Fed Week Decides Everything

Friday, July 24, 2026

DXY holds at 101.3, a three-week high, and gold can't break free. Brent crude cleared $100 a barrel this week and that sent September Fed hike odds surging to 80%. a direct headwind for the non-yielding metal. Price is stuck below the $4,080-$4,120 resistance zone and sellers stay in control until bulls force a clean break.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,082
๐ŸŸข Key Support: $4,022

The July 29 FOMC decision drops in four trading days. Chair Warsh's tone on oil and inflation risks is the live trigger. hawkish language tests $3,964 fast.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice