Every read JAFX AI made on the XAU/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:05 UTC
Downtrend recovering, near-term uptrend · RSI 61 · price 4,174.86
Higher lows off the 3945 base, capped sub-4200.
Gold has carved a series of higher lows off the 3945 swing base, with Thursday's soft NFP print (57K vs 110K) fuelling a >2% rebound back above the 4100 pivot. Price has stalled into the 4200 psych barrier and is consolidating in the 4160-4195 zone below it. The descending trendline near 4280 remains the next resistance shelf if 4200 gives way.
Support: 4,100.00, 3,945.00
Resistance: 4,200.00, 4,280.00
What it said to watch
- H4 close above 4200 opens the path to the descending trendline near 4280
- Failure to hold 4100 reopens downside toward the 3945 swing low
- ISM Services Mon and FOMC Minutes Wed could materially shift this read
21:05 UTC
Recovery off lows, momentum building · RSI 59 · price 4,174.86
Double-bottom rebound, higher lows.
Gold has rebounded sharply off the double-bottom base near $3,940-3,960 defended after Thursday's weak NFP print, building higher lows and reclaiming both EMAs. Price is now pressing the $4,195 swing high with the $4,200 psychological pivot the level bulls must clear to extend. ATR has expanded through the bounce, and the broader descending trendline near $4,280 still caps the multi-week decline.
Support: 4,100.00, 3,945.00
Resistance: 4,200.00, 4,283.00
What it said to watch
- H4 close above 4200 opens path to the descending trendline near 4283
- Failure to hold 4100 reopens the double-bottom lows at 3945
- ISM Services Mon 14:00 UTC and FOMC minutes Wed could materially shift this read