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Hot Jobs Killed Gold. CPI Friday Decides Everything.

Monday, September 7, 2026

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โš”๏ธ XAU ALERTS
Hot Jobs Killed Gold. CPI Friday Decides Everything.

Monday, September 7, 2026

August NFP smashed expectations at 162,000 - nearly triple the 56,000 forecast - and the dollar bounced straight to 99.30. Rate hike bets for the September Fed meeting hit 60% and gold cracked below $4,410 on the open. US-Iran tensions lifted oil above $91 but that geopolitical bid flipped into a rate-risk headwind, not a safe-haven rally.

๐Ÿ“‰ Daily Bias: Bearish
๐Ÿ”ด Key Resistance: $4,450
๐ŸŸข Key Support: $4,380

CPI prints Friday, September 11 - a hot number sends gold toward $4,300 fast.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice