Higher lows off week low, consolidating below week high.
Gold has recovered hard off the ~3942 week low, with the sharp NFP miss (57K vs 110K) fuelling a squeeze that spiked into 4144 before stalling. Price holds above EMA20 and EMA50 with RSI(14) cycling in the low 60s, but the last few bars have shrunk to tight ranges, consolidating below the week high. The 4100 psych level has capped the pullback and now acts as the near-term floor.
Support: 4,100.00, 4,076.00
Resistance: 4,144.00
What it said to watch
H1 close above 4144 week high opens the path toward the 4100 WGC anchor overshoot
Failure to hold 4100 psych exposes prior high at 4076
ISM Services Mon Jul 6 14:00 UTC could materially shift this read
FOMC Minutes Jul 8 18:00 UTC a further risk to the recovery
Gold spent early week pinned near $4,000, tagging a YTD low ~3942 before basing. Today's soft 57K NFP print undercut the hawkish-Fed lean and drove a sharp breakout off the ~4065 base up to a 4144 week high, and price is now consolidating just below it. Holding well above EMA(20) with RSI(14) elevated but off its peak as the squeeze pauses.
Support: 4,100.00, 4,065.00
Resistance: 4,143.96
What it said to watch
H1 close above 4144 opens the path higher toward the $4,100+ WGC range-anchor extension
Failure to hold 4100 psych reopens the 4065 breakout base
ISM Services PMI Mon and FOMC Minutes Wed could materially shift this read
Gold squeezed higher off the ~3942 week low, accelerating through 4090 on the NFP miss (57K vs 110K) during the NY session as USD softened. Price holds above EMA20 and EMA50 with RSI cycling in the 60s, and the week high at 4143.96 has capped the last push. The prior 4090 breakout zone and the 4100 psych level now sit beneath current price as the pivot for the recovery.
Support: 4,100.00
Resistance: 4,143.96, 4,090.00
What it said to watch
Hold above 4100 psych keeps the recovery structure intact
H1 close back below 4090 breakout level negates the leg higher
A close above 4144 week high opens continuation toward 4150+
ISM Services PMI Mon 14:00 UTC could materially shift this read
Gold has staged a sharp recovery off the ~3942 YTD low, with the NFP miss (57K vs 110K) driving the H1 breakout through 4080 on Wednesday's NY session. Price now holds above EMA20 and EMA50 near 4120, consolidating below the 4144 week high after two rejections there. RSI(14) cycling in the low-60s on pullbacks keeps the recovery structure intact.
Support: 4,100.00, 4,065.00
Resistance: 4,144.00
What it said to watch
Hold above 4100 psych keeps the recovery intact; loss reopens the EMA20 near 4065
H1 close above 4144 week high extends the breakout toward the 4150+ zone
ISM Services Mon 14:00 UTC and FOMC Minutes Wed 18:00 UTC could materially shift this read
Gold surged through the 4100 psych level into the NY session after the June NFP miss (57K vs 110K), extending a two-day recovery off the ~3941 YTD low and printing a week high at 4144. Price has held above EMA20 since the breakout, with the pullback to the 4106 area finding demand and RSI cycling in the low-60s. The pre-break shelf near 4065 marks the base of the impulse.
Support: 4,100.00, 4,065.00, 4,040.00
Resistance: 4,144.00
What it said to watch
Hold above the 4100 psych area keeps the breakout structure intact
H1 close back below 4065 pre-break negates the breakout and reopens 4040 prior range
ISM Services (Mon 14:00 UTC) and FOMC Minutes (Wed 18:00 UTC) are the next catalysts to confirm or fade the post-NFP move
Gold rebounded off the YTD-low zone near 3941 through the week and accelerated on the NFP miss (57K vs 110K), a single H1 bar tearing from 4065 to 4140 as the USD softened. Price now consolidates above the 4100 psych pivot, holding above EMA20 with a chain of higher lows intact and RSI cycling in the low-60s. The 4144 week high has capped the advance twice.
Support: 4,100.00, 4,065.00
Resistance: 4,144.00
What it said to watch
H1 close above 4144 opens continuation of the NFP impulse
Loss of 4100 psych pivot would break the higher-low sequence
ISM Services PMI Mon and FOMC Minutes Wed are the next catalysts that could shift this read
20:03 UTC
Uptrend, recovery leg from YTD lows · RSI 64 · price 4,119.28
Series of higher lows, two impulse legs off 3941.
Gold carved a double bottom near the 3941 week low and rebounded in two sharp impulse legs after the June NFP miss (57K vs 110K) undercut the hawkish-Fed narrative. Price is holding well above EMA20 and EMA50 with RSI(14) cycling in the low-60s; the NY-session spike to 4144 marks the week high, with 4100 psych now acting as near support. Momentum is still constructive but the advance has stalled just under 4144.
Support: 4,100.00, 3,941.00
Resistance: 4,144.00
What it said to watch
H1 close below 4100 psych level would question the recovery leg
Failure to reclaim 4144 week high keeps the bounce capped
ISM Services (Jul 6) and FOMC Minutes (Jul 8) could materially shift this read
20:03 UTC
Uptrend, consolidating after impulse · RSI 64 · price 4,119.28
Higher highs off week low, digesting NFP spike.
Gold reversed hard off the ~3941 YTD low set midweek and ripped through 4100 during the NY session as the 57K NFP miss undercut the hawkish-Fed bid. Price has since stalled between 4100 and the 4144 week high, holding well above EMA(20) with RSI(14) cooling from overbought into the low-60s. The dominant leg was NY-driven; current action is a tight consolidation just under the week high.
Support: 4,100.39, 4,066.00
Resistance: 4,143.96
What it said to watch
H1 close below 4100 puts the 4066 EMA(20) zone back in play
Break and hold above 4144 opens the path toward the WGC-cited 4100+ range center extension
ISM Services (Jul 6, 14:00 UTC) and FOMC Minutes (Jul 8) are key risk to this recovery read
Gold rebounded hard off the $3,941 YTD low, tearing above the $4,100 WGC pivot on the June NFP miss (57K vs 110K f/c) that undercut the hawkish-Fed regime. Price is holding above EMA(20) with a clean higher-low sequence since Friday and RSI(14) cycling in the 55-68 band on each pullback. The $4,144 week high capped the latest push, with price now consolidating just beneath.
Support: 4,100.00
Resistance: 4,144.00
What it said to watch
H1 close back below 4100 pivot would break the higher-low sequence
Reclaim of 4144 week high opens continuation toward the range center
ISM Services (Jul 6) could revive hawkish bets and shift this read
Higher lows since Thursday, breakout above the 4070-4080 ceiling.
Gold based near the 3942 YTD low earlier in the week then accelerated through the 4070-4080 ceiling after the 57K June NFP miss undercut the hawkish-Fed/strong-USD regime, spiking to a 4144 week high in the NY session. Price is now easing back toward 4100 but holds above a rising EMA20 with RSI(14) off its highs, keeping the recovery structure intact. The 4100 round level is the pivot the post-NFP bid needs to defend.
Support: 4,100.00, 4,062.00
Resistance: 4,143.96
What it said to watch
Close back below 4100 and EMA20 would negate the breakout and re-open 4062
Sustained move above the 4144 week high extends the recovery toward the 4100s pivot zone
ISM Services PMI (Jul 6) and FOMC Minutes (Jul 8) could materially shift this read
Gold bottomed near $3,942 mid-week and rebounded ~2% into today's NFP miss (57K vs 110K), which drove a sharp H1 leg to $4,144 during the NY session. Price is now retracing to 4108, holding above a rising EMA(20) with RSI(14) easing off its highs. The 4090 breakout shelf is the near retest zone; supply has capped two pushes at 4128-4144.
Support: 4,090.00, 4,065.00
Resistance: 4,128.00, 4,144.00
What it said to watch
Failure to hold 4090 opens a deeper retest toward 4065 EMA(20)
H1 close above 4144 extends the rally leg
ISM Services Mon 14:00 UTC could reshape this read
Higher highs off YTD low, pulling back from week high.
Gold reversed hard off the ~3,942 YTD low mid-week, with two impulsive H1 legs — the second driven by the 57K NFP miss that undercut the strong-USD regime — carrying to a week high near 4,144. Price is now easing back toward the 4,100 psych level after tagging that high, RSI cooling from overbought as the last three bars fade. The rally has held above EMA20 on each pullback since the base was set.
What it said to watch
Loss of 4,100 psych opens a retest of 4,083 prior high turned support
H1 close above 4,144 week high extends the impulse
ISM Services Mon 14:00 UTC could reprice USD and shift this read
Gold rallied hard off the ~$3,942 YTD lows after the 57K NFP miss undercut the strong-dollar regime, breaking above the $4,083 prior high into the NY session and printing a week high at $4,144 before easing to $4,118. Price sits above EMA20 with RSI(14) elevated near 66 after a near-vertical two-leg advance. The $4,100 psychological level, reclaimed on the breakout, is the immediate pivot beneath price.
Support: 4,100.00, 4,083.00
What it said to watch
H1 close back below 4083 would negate the breakout and reopen 4034
Failure to hold 4100 turns the reclaimed round level back to resistance
ISM Services Mon and FOMC Minutes Wed are the next high-impact risks to this read
Higher highs off YTD lows, consolidating below week high.
Gold ripped off the $3,942 YTD low mid-week and the NFP miss (57K vs 110K) triggered a fresh impulse leg, spiking to 4144 before settling near 4118. Price holds well above EMA(20) and EMA(50) with RSI(14) elevated in the mid-60s after the breakout. The last three bars are coiling just under the 4144 week high, digesting the payroll-driven move.
Support: 4,100.00
Resistance: 4,144.00
What it said to watch
H1 close above 4144 opens the path back toward the WGC 4100-plus range mid
Loss of the 4100 psych level would signal the breakout is stalling
ISM Services Mon 14:00 UTC could reprice USD and shift this read
Higher lows off YTD-low base, breakout above 4090.
Gold ripped off the 3942 YTD-low base and broke above the 4090 shelf, extending sharply into the NY session after the 57K NFP miss knocked the Dollar. Price is now consolidating in a tight 4114-4144 band with RSI(14) elevated near 68 and holding well above EMA20 (~4079). The week high at 4144 has capped two pushes; the 4100 psych level flipped from prior resistance to the immediate floor.
Support: 4,100.00, 4,079.00
Resistance: 4,144.00
What it said to watch
H1 close above 4144 opens the path toward the WGC 4100-range extension higher
Failure to hold the 4100 psych level would signal the breakout stalling back toward EMA20 near 4079
ISM Services Mon 14:00 UTC and FOMC Minutes Wed could materially shift this read
16:03 UTC
Uptrend, momentum firm · RSI 68 · price 4,128.44
Higher highs and higher lows off YTD low.
Gold has staged a two-leg recovery off the $3,942 YTD low, with the softer US data run and the 57K NFP miss knocking the Dollar and fuelling a fresh push into the NY session that tagged 4144. Price holds above EMA(20) and EMA(50) with RSI(14) cycling in the high-60s, and the pullback into 4114 has so far held. The 4065 shelf marks the prior breakout zone, while 4000 stands as the psych pivot below.
Support: 4,114.00, 4,065.00, 4,000.00
Resistance: 4,144.00
What it said to watch
H1 close below 4114 breaks the latest higher-low sequence
Reclaim and hold above 4144 opens the path toward the next leg
Loss of 4065 puts the 4000 psych level back in play
ISM Services Mon and FOMC Minutes Wed could reshape this read
Gold ripped from the mid-4060s to a 4144 week high on the 57K NFP miss, clearing last week's range and building a run of higher lows off the ~3942 YTD low. Price holds above the 4090 breakout base but RSI(14) is stretched near 70 and the final bar stalled just under 4144. The move is driven by a softer-Dollar repricing after payrolls, keeping 4090 as the pivot the breakout needs to defend.
Support: 4,090.00
Resistance: 4,144.00, 4,150.00
What it said to watch
H1 close back below 4090 negates the breakout and reopens the 4050 EMA20
Sustained trade above 4144 opens the path toward the 4150 psych level
ISM Services (Mon) and FOMC Minutes (Wed) are HIGH-risk events that could shift this read
Gold ripped from ~4065 to a 4140 week high in the last three bars after the NFP miss (57K vs 110K) knocked the hawkish-Fed/strong-USD read, extending the rebound off the ~3942 YTD low set mid-week. Price sits well above EMA20/EMA50 with RSI(14) pushed into overbought near 71 on the impulse. The 4083 prior high, once resistance, is now the first pullback reference.
Support: 4,083.00, 4,050.00, 4,000.00
Resistance: 4,140.41
What it said to watch
H1 close back below 4083 would question the breakout and reopen 4050
Failure to hold 4000 puts the 3942-3960 YTD-low zone back in play
ISM Services Mon and FOMC Minutes Wed could reprice this move if they read hawkish
Gold ripped higher through the NY session, clearing the $4,083 zone and printing a fresh week high at $4,144 as the 57K NFP miss undercut Fed-hike pricing and softened the dollar. Price is stretched well above EMA(20) with RSI(14) into overbought after a near $200 recovery off Thursday's $3,941 YTD low. The $4,083 shelf that capped price Wednesday now sits as the nearest reference below.
Support: 4,083.00, 4,045.00
What it said to watch
H1 close back below 4083 would negate the breakout and reopen the 4045 weekly open
Fed's Daly speech could stall the rally near session highs if tone leans hawkish
Failure to hold above 4083 after such an extended move flags exhaustion
Gold exploded higher into the NY session after June NFP badly missed at 57K vs 110K, snapping the this-week range with a run from the 4065 shelf to a fresh session high at 4143.96. Price sits well above EMA(20) and EMA(50) with RSI stretched into overbought as the move extends off the 3941 YTD low. The 4083 area, the prior range cap, now flips to the first reference below as the breakout point.
Support: 4,083.00
Resistance: 4,143.96
What it said to watch
Fed's Daly (13:45 UTC) could stall the rally near session high if tone leans hawkish
Sustained H1 close above 4143.96 opens the path higher
Loss of the 4083 breakout level would signal the surge is fading back into range
Gold ripped higher into the NY session after the 57K NFP miss (vs 110K f/c) gutted the hawkish-Fed narrative, spiking from ~4065 to a session high at 4140 and breaking above this week's range top. Price now sits well above EMA20 and EMA50 with RSI(14) pushed into overbought, having based twice near the 3942 week low earlier in the window. The 4076 prior high flips to first support on any pullback.
Support: 4,076.00, 4,034.00, 3,942.00
Resistance: 4,140.00, 4,150.00
What it said to watch
H1 close back below 4076 negates the breakout and puts the 4034 range base back in focus
Reclaiming the 4140 session high opens the path to the 4150 psych level
Fed's Daly speech (13:45 UTC) could materially shift this read
Higher lows off Thursday's low, breakout underway.
Gold squeezed off Thursday's ~3941 ytd-low base and cleared the prior high near 4115 into the NY session as the 57K NFP miss gutted the hawkish-Fed narrative, driving a sharp short-covering leg to a session high at 4140. Price now holds above both EMAs with RSI(14) pushed into the low-70s, and the swing low at 4066 marks the breakout base. The 4000 psych level, reclaimed on the bounce, sits as the pivot for the recovery.
Support: 4,066.00, 4,000.00, 3,941.00
Resistance: 4,140.00, 4,115.00
What it said to watch
Fed's Daly speech 13:45 UTC could reprice the dovish read and cap this bounce
H1 close back below 4066 swing low would negate the breakout
Sustained trade above 4140 session high opens continuation of the squeeze
Gold has clawed back from the 3941 YTD low, with a sharp NY-session recovery bar spiking to 4115 before settling into a 4030–4090 consolidation. Price sits mid-range at 4064, holding above EMA20 and EMA50, with RSI cycling around the mid-50s and the bullish divergence flagged into the lows now working through. The $4,000 psych pivot has been reclaimed as the rebound follows soft ADP and Warsh's less-hawkish tone.
Support: 4,030.00, 4,000.00, 3,941.00
Resistance: 4,090.00, 4,115.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC could materially shift this read
H1 close above 4090 opens the path back to the 4115 week high
Failure to hold 4030 exposes the 4000 psych pivot and 3941 low again
Higher lows since the 3941 base, capped under 4080.
Gold based at the 3941 YTD low midweek and has ground back above 4060, carving higher lows with a bullish RSI divergence off that low. The sharp NY-session spike to 4115 defined the week's peak; since then price has consolidated in the 4030-4080 band, holding above EMA20 and EMA50. The move higher followed the softer ADP print and Warsh's less-hawkish tone easing the USD bid.
Support: 4,040.00, 4,000.00, 3,941.00
Resistance: 4,080.00, 4,115.00
What it said to watch
US NFP at 12:30 UTC could materially shift this read within the next bar
H1 close above 4080 opens the path back toward the 4115 week high
Failure to hold 4040 exposes the 4000 psych pivot; a break below reopens 3941
Gold has clawed back from the 3941 YTD low, printing higher lows through the week and reclaiming the 4000 pivot after soft ADP and Warsh's less-hawkish tone eased the USD. A sharp NY-session impulse tagged 4108 before pulling back into a 4030-4090 consolidation, with price now holding above EMA20/EMA50 around 4063. RSI(14) is mid-range after the bullish divergence flagged near the lows.
Support: 4,030.00, 4,000.00, 3,941.00
Resistance: 4,090.00, 4,108.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC could materially shift this read
H1 close above 4090 opens the path back toward the 4108 week high
Gold has recovered off the 3941 YTD low, spiking to 4108-4115 in the NY session after the soft ADP and Warsh's softer tone, before settling into a 4030-4080 consolidation. Price holds above EMA20 and EMA50 with higher lows intact, but the last few bars have flattened around 4063 as the 4080 prior high caps upside. RSI sits mid-range near 54, off the divergence noted at the lows.
Support: 4,030.00, 4,000.00, 3,941.00
Resistance: 4,080.00, 4,108.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC could materially shift this read within the next bars
H1 close above 4080 opens the path back toward the 4108 week high
Failure to hold 4030 exposes the 4000 psych level and the 3941 YTD low
Gold clawed back off the $3,960 area on short-covering after a softer ADP print and Warsh's non-committal tone, spiking to 4108 before settling into a 4030–4080 range. Price holds above EMA20 and EMA50 with RSI cycling in the upper-50s and higher lows intact since the rebound. Two attempts near 4080 have capped this session.
Support: 4,030.00, 4,000.00
Resistance: 4,080.00, 4,108.00
What it said to watch
US NFP at 12:30 UTC (~3.5h) is the pivotal catalyst and could materially shift this read
H1 close above 4080 opens the path to the 4108 week high
Gold has clawed back off the $3,941 seven-month low, printing higher lows into midweek and now holding above both EMA20 and EMA50 near 4065. A strong impulse bar drove price to 4108 yesterday before it faded to the 4030 area and stabilised, with RSI(14) cycling around the mid-50s. Short-covering after the soft ADP and Warsh's non-committal tone underpins the bounce, but the 4093-4108 zone has capped the recovery.
Support: 4,030.00, 4,000.00, 3,941.00
Resistance: 4,093.00, 4,108.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC (~3.5h) is the pivotal catalyst for this read
H1 close above 4108 extends the recovery toward fresh week highs
Failure to hold 4030 reopens the 4000 psych pivot and the 3941 ytd low
09:04 UTC
Recovery off lows, momentum slowing near 4080 · RSI 57 · price 4,075.73
Higher lows since Wed low, capped ~4080.
Gold has clawed back off Wednesday's seven-month low near 3941, printing higher lows into today after Warsh's non-committal tone and a soft ADP eased the dollar. Price sits above EMA20 and EMA50 but two pushes have stalled at the 4080 cap, well below this week's 4108 spike high. NFP at 12:30 UTC is the pivotal catalyst and could reprice this read sharply.
Support: 4,030.00, 4,000.00, 3,941.00
Resistance: 4,080.00, 4,108.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC (~3.5h) is the dominant risk and can override this structure
H1 close above 4080 opens the path back toward the 4108 week high
Loss of 4030 threatens the 4000 psych pivot and the 3941 ytd low
Gold has clawed ~4% off the $3,941 YTD low struck midweek, helped by a softer ADP print and Warsh declining to pre-commit on July. Price spiked to 4115 before easing back to 4028 and reclaiming EMA(20), which pullbacks have been finding since the recovery began. The 4093-4115 zone has capped the advance, with 4000 the psychological pivot below.
Support: 4,000.00
Resistance: 4,093.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC (~3.5h) is the pivotal catalyst and could materially shift this read
Close above 4093 opens the path back to the 4115 week high
Recovering off 3941 YTD low, higher lows building.
Gold logged a fresh seven-month low at 3941 mid-week before short-covering lifted it back above the 4000 psych pivot; the NY session spike to 4115 then faded, leaving price consolidating around 4061 on higher lows. The bounce is corrective — hawkish-Fed repricing has capped rallies and the recovery stalled under the 4080 supply band. RSI(14) has cycled back to the mid-50s as price holds above EMA20 and EMA50.
Support: 4,028.00, 4,000.00, 3,941.00
Resistance: 4,080.00, 4,115.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC (~4.5h) is the pivotal catalyst and could materially shift this read
H1 close below 4028 breaks the higher-low sequence and re-exposes 4000 then the 3941 ytd low
H1 close above 4080 extends the bounce toward the 4115 week high
Higher lows since 3941, rally stalling under 4080.
Gold clawed back from Tuesday's 7-month low at 3941 as ADP's miss and softer ISM eased USD; the impulse peaked at 4115 before pulling back to 4028 and stabilising near 4065. Price holds above EMA(20) with a series of higher lows intact, and RSI(14) is cycling mid-range around 56. The move is a corrective rebound rather than a confirmed turn, with 4080 capping the latest attempt.
Support: 4,000.00, 3,941.00
Resistance: 4,080.00, 4,115.00
What it said to watch
US NFP at 12:30 UTC is the pivotal catalyst and could reset this read
Loss of 4000 psych re-exposes the 3941 ytd low
Hourly close above 4080 opens the path back to the 4115 week high
Fed's Daly speech at 13:45 UTC follows the payrolls print
07:02 UTC
Recovery uptrend off the lows · RSI 60 · price 4,068.95
Higher lows since the $3,941 base, holding above EMAs.
Gold based at the $3,941 ytd low mid-window and rallied roughly 2% into a 4108 spike, the dominant impulse of the week, aided by the soft ADP print easing the dollar. Price has since pulled back to the 4030 swing low and recovered to sit above both EMAs with RSI(14) cycling near 60. The 4093 swing high and 4108 week high cap the topside while the 4000 psych pivot remains the line for the recovery.
Support: 4,030.00, 4,000.00, 3,941.00
Resistance: 4,093.00, 4,108.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC could materially reset this read
Sustained hold above 4093 opens the path back to the 4108 week high
Failure to hold 4030 exposes the 4000 psych pivot and 3941 ytd low
Gold based at the $3,942 YTD low mid-week and bounced almost 4% into the NY session yesterday, tagging 4108 as soft ADP and ISM prints eased the USD and revived safe-haven bids. Price pulled back to retest 4028 and has since recovered above EMA20 and EMA50, cycling higher lows. The $4,000 psych pivot has been defended repeatedly this week and now sits below as structural support.
Support: 3,941.00
Resistance: 4,108.01
What it said to watch
US Nonfarm Payrolls at 12:30 UTC could materially shift this read
Close above 4108 week high opens the path toward retesting prior swing structure
Failure to hold 4028 swing low reopens the $4,000 psych pivot and 3941 ytd low
Gold reclaimed $4,000 and swept the 3941 YTD low before dip-buyers drove a sharp recovery, spiking to 4108 as ADP missed (98K vs 113K) and softened the USD. Price has since pulled back into the 4030–4074 band and sits above EMA20/EMA50 with higher lows building, RSI cycling in the mid-50s. The 4074 swing high has capped the latest attempt, with 4088/4108 above.
Support: 4,030.00, 3,941.00
Resistance: 4,074.00, 4,088.00, 4,108.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC today could materially shift this read
Loss of 4030 swing low would break the higher-low sequence
Close above 4074 swing high opens the path back to 4088/4108
04:02 UTC
Recovering off YTD low, higher lows building · RSI 63 · price 4,071.16
Week's drop nearly retraced, near-term higher lows.
Gold has clawed back nearly the entire week's drop, climbing off the $3,941 YTD low after dip-buyers stepped in and Warsh's remarks softened the USD. Price trades above EMA(20) with RSI(14) around 63, and a sequence of higher lows has held since Wednesday's low. Resistance at 4088 capped the last push before the pullback into 4030 was bought.
Support: 4,030.00, 4,000.00
Resistance: 4,088.00, 4,108.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC today can materially shift this read
Reclaim and hold above 4088 opens the path toward the 4108 week high
Failure to hold 4030 breaks the recent higher-low sequence and reopens 4000
Recovery from 3941, pulling back after 4115 spike.
Gold reclaimed the $4,000 psych level and spiked to 4115 as the USD eased on Warsh's remarks and a soft ADP print, printing a clear rebound off the 3941 YTD low. Price has since pulled back to 4059, holding above the rising sequence of higher lows and both H1 EMAs. The 4115 week high capped the move; 4030 is the near pivot supporting the bounce.
Support: 4,030.00, 4,000.00, 3,941.00
Resistance: 4,090.00, 4,115.00
What it said to watch
US NFP at 12:30 UTC is the pivotal catalyst and could reset this read
Close above 4090 opens the path back to the 4115 week high
Failure to hold 4030 exposes the 4000 psych level and 3941 ytd low
Recovery off YTD low, consolidating under week high.
Gold reclaimed the $4,000 handle after basing near the 3941 YTD low, then ripped to 4115 on a high-volume NY-session spike as the USD eased on soft ADP and Warsh's remarks. Price has since pulled back to consolidate around 4050, holding above EMA(20)/EMA(50) with RSI mid-range — the bounce reads corrective within this week's broader downtrend. Resistance at 4068 has capped the retrace so far.
Support: 4,030.00, 4,000.00, 3,941.00
Resistance: 4,068.00, 4,093.00, 4,115.00
What it said to watch
US NFP at 12:30 UTC is the pivotal catalyst and could materially shift this read
H1 close above 4068 then 4093 would extend the recovery toward the 4115 week high
Failure to hold 4030 reopens the 4000 psych level and the 3941 ytd low
Gold based near the 3941 YTD low mid-week and rebounded through the 4000 psych pivot, spiking to a week high near 4108 during the NY session before fading. Price now sits at 4060 above EMA20/EMA50 with RSI cycling around mid-50s as the post-spike pullback stabilises. The move follows a hawkish-Fed repricing that had pinned bullion sub-4000; the recovery reflects softer ADP and ISM prints taking edge off the USD.
Support: 4,031.00, 4,000.00, 3,941.00
Resistance: 4,093.00, 4,108.00
What it said to watch
US NFP at 12:30 UTC is the pivotal catalyst and could reset this read
Failure to hold 4031 swing low reopens the 4000 psych and 3941 ytd low
H1 close above 4093 week high challenges the 4108 spike high