XAU/USD · Macro analysis
Warsh’s fork – July 2026
The Fed chair has two paths ahead – both lead to gold. An analysis of why the drop to $4,067 is an entry opportunity.
Profit Lovers · Autor ·
Esta análise ainda não foi traduzida, por isso é apresentada em inglês.
Two paths for the Fed chair
The new Fed chair faces a fork: cut early and risk reigniting inflation, or hold and risk a slowdown. Markets are pricing the first path, but both lead to the same place for gold.
Why the drop to $4,067 is an entry
The June sell-off to $4,067 came from position squaring, not from a change in the macro picture. Real yields are still falling and central-bank buying has not paused, which makes the dip an entry rather than a warning.
What we watch next
The July FOMC statement and the first inflation print under the new chair. Until then, our sequences remain active with a bias toward accumulation.
Ouro (XAUUSD)
Valores oficiais diários dos três meses até 28 de junho de 2026, fixados na data de publicação. Fonte: LBMA.