#FOMCWatch We have reached our ultimate target of $4,480.
Treasury buybacks triggered a V-shaped reversal; the Treasury Department announced it would double the scale of long-term Treasury buybacks—increasing the amount per operation from $2 billion to $4 billion—effective September 9.
This move effectively amounts to the Treasury stepping in directly to suppress long-end yields: following the news, the 30-year yield plunged from 5.28% to 5.19%, while the 10-year yield fell below 4.65%.
Gold prices seized this lifeline, surging directly above the $4,480 level.
Moving forward, the key level to watch is the $4,500 resistance. If the price breaks above $4,500 again, the bullish outlook remains, targeting the $4,520–$4,540 range.
If the price faces resistance at $4,500 and pulls back, we will continue to monitor the $4,480 support level; a drop below $4,480 would shift the outlook to bearish, targeting $4,450.
If the price finds support at $4,480, we will maintain a long position, targeting levels above $4,500.$PORTAL $CFG $XAU
#TrumpMediaPostsOver238MQ2Loss JUST IN: Trump Media to revamp crypto treasury strategy after $238M Q2 loss, directing more resources to core media business. Could signal tighter risk management and potential reshaping of crypto exposure. (ticker assumed for context)$ME $STRK $BTC
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#BarrickMiningFalls8% Barrick Mining reported Q2 2026 revenue of US$5.29 billion, up 44% from the same period last year, as higher gold prices and improved production supported stronger financial results.
Net earnings increased 50% year-over-year to US$1.22 billion, while adjusted net earnings rose 70% to US$1.36 billion. Barrick realized an average gold price of US$4,417 per ounce during the quarter and produced 796,000 ounces of gold.
Sequentially, however, several financial metrics weakened. Net earnings declined 24% from Q1, operating cash flow fell to US$1.70 billion from US$2.55 billion, and free cash flow decreased to US$515 million from US$1.58 billion.
Higher operating costs contributed to the decline. Gold all-in sustaining costs increased to US$1,866 per ounce from US$1,708 in Q1.
Adjusted earnings of US$0.82 per share also came in below analyst expectations of approximately US$0.88.
Barrick maintained its 2026 gold production guidance of 2.90–3.25 million ounces. $B $LA $LQTY
Estructura técnica: La decepción tras los earnings provocó un rechazo técnico que devolvió a B al interior de su canal bajista. Mientras no recupere la parte alta del canal y supere con fuerza la SMA de 200 días, el escenario de corto plazo seguirá siendo corrección.$GENIUS $WLFI