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Hawkish Fed Crushes Gold. Bears Own This Market.

Wednesday, September 23, 2026

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โš”๏ธ XAU ALERTS
Hawkish Fed Crushes Gold. Bears Own This Market.

Wednesday, September 23, 2026

The Fed hiked to 3.75%-4.0% last week and officials keep pouring fuel on the fire. Barkin says inflation could stay elevated for a prolonged period, Collins puts a December hike near certainty. DXY is sitting at a seven-week high near 100.70 and it won't quit. Gold is heavy, price is rejected hard off $4,380, and the path of least resistance is lower.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,380
๐ŸŸข Key Support: $4,275

Flash Manufacturing and Services PMI drops today. a hot read accelerates the selloff fast.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice