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NFP Collapse Launches Gold Past $4,340

Friday, August 7, 2026

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โš”๏ธ XAU ALERTS
NFP Collapse Launches Gold Past $4,340

Friday, August 7, 2026

July payrolls just lost 23,000 jobs, torching the 80,000 consensus. Dollar is getting dumped, DXY cratering toward two-month lows near 99.98, and gold ripped $100 in a straight line. Weak labor, falling yields, and a Fed now firmly on hold is the perfect fuel mix for bulls.

๐Ÿ“‰ Daily Bias: Bullish
๐Ÿ”ด Key Resistance: $4,372
๐ŸŸข Key Support: $4,236

CPI drops August 12. A soft print and gold has no ceiling in sight.

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XAUalerts ยท ยฉ 2026 ยท Not financial advice