Gold is in an established downtrend, printing lower highs and lower lows; the >4% two-day collapse through the 200-DMA pushed price under the prior 4268 floor into 11-week lows after Friday's 172K NFP shock cemented a hawkish Fed read. ATR(14) expansion confirms trend extension rather than compression. Price now holds just above the 4236 swing low with the 4268 prior floor capping overhead.
Resistance: 4,268.00
What it said to watch
H4 close below 4236 swing low confirms continuation to fresh cycle lows
Reclaim of 4268 prior floor needed to ease the breakdown
US CPI Wed 12:30 UTC is the week's primary catalyst and could materially shift this read
Gold has carved a sustained H4 downtrend from the 4716 area, accelerating into a >4% two-day collapse through the 200-DMA after Friday's 172K NFP shock cemented a hawkish Fed read. Price printed a fresh cycle low at 4236.78 before stabilising near 4260, with both EMAs sloping lower well above price and RSI pressed into oversold territory. The 4350-4360 zone has repeatedly capped recovery attempts while supply keeps the structure pinned at the lows.
Support: 4,236.78
Resistance: 4,350.00
What it said to watch
US CPI Wed 12:30 UTC is the week's primary catalyst — a hot print risks a break of 4236.78 to fresh lows; a downside miss could spark a relief move toward the 4350 cap
Loss of 4236.78 confirms continuation; a close back above 4350 would break the lower-high sequence
17:03 UTC
Downtrend, extending · RSI 36 · price 4,274.38
Lower highs / lower lows, range break lower.
Gold remains in a sustained H4 downtrend, carving lower highs from the 4726 peak after the hot 172K NFP triggered a hawkish-Fed repricing and a slide below the 200-DMA. Price consolidated the 4300-4350 band before the latest bar broke lower to 4263, with the 4300 psych level now flipping to overhead resistance. ATR is elevated, consistent with trend expansion rather than compression.
Support: 4,263.14
Resistance: 4,300.00, 4,350.00
What it said to watch
US CPI Wed 12:30 UTC is the dominant catalyst and could materially shift this read
H4 close below 4263 confirms bear continuation
Reclaim of 4350 needed to neutralise the downside break
Gold remains in a clear H4 downtrend, carving lower highs and lower lows after the hot 172K NFP triggered a hawkish-Fed repricing and a slide below the 200-DMA. The latest bar broke the 4300-4350 consolidation band, driving price to a fresh low at 4263 with both EMAs sloping down overhead. ATR(14) is expanding, consistent with trend extension rather than compression.
Support: 4,263.14, 4,300.00
Resistance: 4,350.00
What it said to watch
Break and hold below 4263 opens fresh bear continuation
Reclaim of 4350 range top neutralizes the breakdown read
US CPI Wed 12:30 UTC is the dominant catalyst and could shift this read
Lower highs and lower lows, consolidating above the low.
Gold remains in a clear H4 downtrend after the post-NFP slide broke beneath the 200-DMA into bear-market territory, printing a multi-month low at 4268. Price is now coiling in a tight 4300-4350 band with ATR cooling from the impulse spike, and trades below both the EMA20 and EMA50, which are stacked bearishly. The consolidation sits directly under the 4351 ceiling that has capped every recovery attempt.
Support: 4,300.00, 4,268.47
Resistance: 4,351.45
What it said to watch
H4 close above 4351 range ceiling would challenge the lower-high sequence
Loss of 4300 round level reopens the 4268 multi-mo low
US CPI Wed 12:30 UTC could break this consolidation in either direction
Gold remains in a clear H4 downtrend, having sliced from ~4700 to an 11-week low at 4268 after Friday's blowout 172K NFP knocked it below the 200-DMA into bear-market territory. Price is now consolidating in a tight 4300-4350 band, with the 4350 ceiling capping the recovery and EMA20/50 stacked overhead. ATR remains elevated, reflecting the violent two-day slide before this pause.
Support: 4,300.00, 4,268.00
Resistance: 4,350.00
What it said to watch
US CPI Wed 12:30 UTC could materially shift this read
H4 close below 4268 confirms a fresh lower-low
Reclaim above 4350 would soften the bearish structure
09:03 UTC
Downtrend, weak bounce · RSI 39 · price 4,323.43
Lower highs and lower lows, bouncing off cycle low.
Gold remains in a clear H4 downtrend, sliding from the 4595 high to a 4268 cycle low after Friday's blowout 172K NFP dragged the metal into technical bear-market territory. Price is grinding out a shallow bounce in the 4300-4350 zone but stays pinned below both the EMA20 and EMA50 with supply capping near 4353. ATR remains elevated, signalling the breakdown move is still expanding rather than compressing.
Support: 4,268.47
Resistance: 4,353.36, 4,400.00
What it said to watch
US CPI Wed 12:30 UTC is the dominant catalyst and could materially shift this read
An H4 close below 4268 confirms a fresh lower-low and reopens breakdown
Reclaim of 4400 would neutralise the immediate bearish structure
Lower highs and lower lows; consolidating above cycle low.
Gold remains in a clear H4 downtrend, having shed over 4% on Friday's blowout 172K NFP print and slid to a cycle low at 4268. Price is now chopping in a 4290-4350 consolidation, capped at the 4351 swing high and the broken 4380 prior low, with ATR still elevated from the post-NFP expansion. The bounce is shallow and structure stays lower-high/lower-low ahead of Wednesday's CPI.
Support: 4,268.47
Resistance: 4,351.00, 4,380.00
What it said to watch
US CPI Wed 12:30 UTC is the dominant near-term catalyst for this read
H4 close below 4268 cycle low opens fresh breakdown
Reclaim of the 4380 prior low would neutralise the lower-high sequence
05:03 UTC
Downtrend, consolidating off lows · RSI 44 · price 4,334.66
Lower highs and lower lows, basing above 4268.
Gold remains in a clear H4 downtrend, having sliced from the 4595 area to a fresh two-month low at 4268 following Friday's blowout NFP and the break below the 200-DMA. Price is now consolidating in a 4268-4353 band, with the swing high at 4353 capping the corrective bounce and both EMAs stacked overhead. ATR(14) stays elevated, reflecting the recent expansion in volatility rather than a settled base.
Support: 4,268.47
Resistance: 4,353.36
What it said to watch
H4 close below 4268 two-mo low opens further downside
Failure to hold the 4311 swing low confirms continuation lower
Reclaim of the 4353 swing high needed to challenge the 4475 prior support
US CPI Wed 12:30 UTC could materially shift this read
Gold remains in a clear H4 downtrend, having broken below its 200-DMA into bear-market territory after Friday's blowout NFP. Price carved a 2-month low at 4268 then bounced, now chopping in the 4268-4350 zone with ATR(14) elevated from the recent flush. Both EMAs sit overhead and continue to cap recovery attempts.
Support: 4,268.47
Resistance: 4,350.00
What it said to watch
H4 close below 4268 opens further downside
Reclaim of 4350 range top needed to challenge overhead supply
US CPI Wed 12:30 UTC could materially shift this read
Gold remains in freefall on H4, carving lower highs and lower lows since the early-month break below 4561; the slide accelerated after Friday's blowout NFP flipped the Fed narrative hawkish and slammed price through its 200-day SMA into bear-market territory near 4268. ATR(14) is expanding as the move extends, and price sits well below both EMAs after the 2-month low at 4268 was tested. A modest bounce off 4268 has stalled into the 4350 area.
Support: 4,268.47
Resistance: 4,350.00, 4,400.00
What it said to watch
Loss of 4268 confirms continuation of the lower-low sequence
Reclaim of 4400 needed to question the bearish break
US CPI Wed 12:30 UTC could materially shift this read
01:03 UTC
Downtrend, accelerating then bouncing off lows · RSI 42 · price 4,316.19
Lower highs / lower lows, two-month low at 4268.
Gold remains in a clear H4 downtrend, printing successive lower highs and lower lows that culminated in a flush below the 200-day SMA to a two-month low at 4268 after Friday's blowout NFP revived hawkish Fed pricing. ATR(14) has expanded sharply on the recent impulse, and price is holding well below both EMA20 and EMA50. A modest bounce off 4268 has lifted price to 4316, but the structure stays broken below 4400.
Support: 4,268.47
Resistance: 4,400.00
What it said to watch
Failure to hold 4268 confirms continuation of the lower-low sequence
A close back above the 4400 200-day SMA would question the bearish break
US CPI Wed 12:30 UTC could materially shift this read