Gold Trapped: PPI And Iran Will Decide Now

⚔️ XAU ALERTS
Gold Trapped: PPI And Iran Will Decide Now

Wednesday, July 15, 2026

DXY is bleeding below 101 for the second day running after June CPI came in soft at 3.5%, gutting near-term Fed hike bets and giving gold a floor. But crude above $80 on fresh US-Iran strikes is keeping inflation fears hot and the September hike odds at 58%. bulls can't run free while that sword hangs overhead. PPI and the Beige Book land today. Hot print kills this bid. Soft print and $4,081 is back in play fast.

📉 Daily Bias: Neutral
🔴 Key Resistance: $4,081
🟢 Key Support: $4,002

PPI drops today. a hot read flips gold bearish immediately and opens the door to $3,980.

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