Gold rebounded off the $3,943 swing low into last week's soft NFP print, tagging $4,202 before stalling on repeated rejection there. Price is now consolidating in a $4,100-$4,202 range, holding a shallow pullback above EMA20 and EMA50. ATR(14) has eased from the mid-June expansion, pointing to compression ahead of Wednesday's FOMC minutes.
Recovered off $3,960 low into a $4,100-$4,200 range.
Gold rolled over from the $4,380 swing to a $3,960 low mid-window, then recovered to grind inside a $4,100-$4,200 range. The soft 57K NFP fuelled the bounce that stalled at $4,202, a level that has now capped repeatedly. ATR(14) has compressed as price coils under the descending trendline into Wednesday's FOMC minutes.
Support: 4,100.00, 4,030.00
Resistance: 4,202.00, 4,280.00
What it said to watch
H4 close above 4202 opens the path toward 4280
Failure to hold the 4100 pivot exposes the 4030 swing low and 4000
FOMC minutes Wed 18:00 UTC is the key catalyst for this range
17:04 UTC
Recovering from downtrend, consolidating · RSI 53 · price 4,145.72
Range 4100-4200 after basing off 3940.
Gold sold off from the 4382 high to a 3940 swing low mid-window, then carved a rounded base and recovered ~5%, lifting price back above both EMAs after a bullish cross. The rebound stalled at 4200 and is now consolidating in a 4100-4200 band, with the NFP miss having softened the hawkish-Fed read. ATR remains elevated from the down-leg but is easing as the range tightens.
Support: 4,100.00, 4,030.00, 3,940.00
Resistance: 4,200.00, 4,300.00, 4,382.00
What it said to watch
FOMC minutes Wed 18:00 UTC could materially shift this read
H4 close above 4200 opens the path toward the 4300 trendline
Failure to hold 4100 exposes the 4030 base and 3940 swing low
Gold based twice near $3,942/3,959 before the NFP miss powered a recovery to $4,202, and price has since eased into a $4,100-4,200 consolidation. Higher lows since mid-June keep the EMA20 and EMA50 sloping up beneath price, with ATR still elevated after the impulse leg. The read is a mid-range pause below the $4,300 descending resistance flagged in the macro backdrop.
Support: 4,100.00, 4,030.00, 3,942.00
Resistance: 4,200.00, 4,300.00
What it said to watch
FOMC minutes Wed 18:00 UTC could materially shift this read
H4 close above 4200 opens the path toward 4300 trendline
Failure to hold 4100 exposes 4030 and the 3942 swing low
Recovering off 3942 double bottom, capped near 4200.
Downtrend from the early-window 4382 peak found a floor at the 3942 double bottom; price has since recovered ~5% into the 4150-4200 zone after Thursday's soft NFP (57K vs 110K) trimmed Fed hike bets. The bounce is stalling under the 4200 hurdle, with EMA20 and EMA50 now sitting beneath price. ATR remains elevated, keeping H4 swings wide.
Support: 4,100.00, 4,000.00, 3,942.00
Resistance: 4,280.00
What it said to watch
H4 close above the 4200 hurdle opens the path toward the 4280 target
Failure to hold 4100 reopens the 4000 pivot and 3942 double bottom
FOMC minutes Wed 18:00 UTC could materially shift this read
Recovering off double-bottom base, higher lows into resistance.
The prior H4 downtrend from 4382 bottomed into a double bottom near 3945, with buyers stepping in twice around the November-low zone; price has since carved higher lows and reclaimed EMA20/EMA50 on a corrective bounce off oversold lows, lifted by Thursday's soft NFP miss (57K vs 110K) that cut Fed hike bets. The 4195 recent high is capping the rebound, roughly a 50% retrace of the 4382→3945 leg, with 4100 the round-number pivot below.
Support: 4,100.00, 4,030.00, 3,945.00
Resistance: 4,195.00, 4,280.00
What it said to watch
H4 close above 4195 opens the path toward 4280
Failure to hold 4100 exposes the 4030 pivot and 3945 base
ISM Services 14:00 UTC and Waller 15:00 UTC could materially shift this read
Corrective rebound from the sub-$3,960 base after Thursday's weak NFP (57K vs 110K) cooled Fed-hike bets and pressured the Dollar. Higher lows have built since, but the latest push was rejected at the $4,200 pivot, keeping price below the descending line off the $4,382 swing high. ATR steady — a compression-then-decision setup around the pivot.
Support: 4,090.00, 3,960.00
Resistance: 4,200.00
What it said to watch
H4 close above 4200 opens the path toward 4280
Failure to hold 4090 re-exposes the 3960 base
ISM Services 14:00 UTC and Waller 15:00 UTC could shift this read
09:04 UTC
Corrective bounce off the lows · RSI 55 · price 4,163.98
Higher lows since 3942, capped at 4200.
Price carved a rounded bottom near 3942 in mid-window and has since built a sequence of higher lows, with the rebound accelerating after the soft 57K NFP print cooled Fed-hike bets. The recovery stalls into the 4200 pivot, and price is consolidating in the 4100-4200 band just above a recovered EMA20/EMA50. ATR remains elevated, so the bounce still has fuel but has yet to reclaim 4200.
Support: 4,100.00, 4,000.00, 3,942.00
Resistance: 4,200.00, 4,280.00
What it said to watch
H4 close above 4200 pivot opens the path toward the 4280 td target
Failure to hold 4100 exposes 4000 psych and the 3942 swing low
ISM Services 14:00 UTC and Waller 15:00 UTC could materially shift this read
Price rolled over from the 4380 area through June into a double bottom near 3945-3960, and has since staged a >4% corrective rebound after the soft NFP print (57K vs 110K) cooled Fed-hike bets. The advance stalled at the 4200 cap this week, with the broader 4280-4300 descending trendline still overhead. ATR remains elevated from the sell-off but is easing as the recovery consolidates below 4200.
Support: 4,100.00, 4,030.00, 3,945.00
Resistance: 4,200.00, 4,290.00
What it said to watch
H4 close above 4200 opens the path to the 4290 descending trendline
Failure to hold 4100 round then 4030 swing low reopens the 3945 dbl bottom
ISM Services PMI at 14:00 UTC could materially shift this read
Basing above 3942 low, higher lows building, capped near 4200.
Gold sold off from the 4380 area to a 3942 swing low before staging a three-day, >4% rebound as the soft NFP print (57K vs 110K) trimmed 2026 Fed-hike bets. Price has since built higher lows and is now consolidating just under the 4200 range cap, with the 4280-4300 descending trendline the next overhead barrier. EMAs have turned up beneath price, but the broader structure since early window remains lower highs.
Support: 4,030.00, 3,942.00
Resistance: 4,200.00, 4,290.00
What it said to watch
H4 close above 4200 opens the path toward the 4290 descending trendline
Failure to hold 4030 reopens the 3942 swing low
ISM Services 14:00 UTC and Waller 15:00 UTC could materially shift this read
01:04 UTC
Recovery off YTD lows, momentum building · RSI 61 · price 4,181.39
Double bottom near 3940, higher lows since.
Gold carved a double bottom around 3940 — the Nov-2025 low zone — and has rebounded roughly 5% off YTD lows after the weak US NFP print (57K vs 110K) trimmed Fed-hike bets. Price is grinding through 4180 with a sequence of higher lows, but the multi-week decline from 4382 leaves a descending trendline capping near 4300. ATR(14) remains elevated, consistent with an active swing recovery rather than compression.
Support: 4,100.00, 4,000.00, 3,940.00
Resistance: 4,200.00, 4,300.00
What it said to watch
H4 close above 4200 opens the path back toward the 4300 descending trendline
Failure to hold 4100 threatens the higher-low sequence and a retest of 4000
ISM Services today 14:00 UTC and FOMC minutes Wed could materially shift this read
Rebound off double bottom, capped below descending trendline.
Gold carved a double bottom at 3942/3965 (the Nov 2025 low zone) and has rebounded ~5% off YTD lows, lifting back above the EMA20/EMA50 as the soft NFP print (57K vs 110K) cut Fed-hike bets. Price is now pressing the 4200 area, a level that has capped twice, while the broader descending trendline near 4300 remains the ceiling on the multi-week downtrend. Rising lows since the 3942 base and 50% retrace of the 4382-3942 leg define the current recovery.
Support: 4,090.00, 3,942.00
Resistance: 4,300.00
What it said to watch
H4 close above 4200 opens the path toward the 4280 area
Failure to hold 4090 threatens a retest of the 3942 double bottom
ISM Services 14:00 UTC and Waller 15:00 UTC could materially shift this read