Lower highs and lower lows, sharp markdown off records.
Gold is in an aggressive H4 downtrend, shedding more than $400 from the early-month highs after the hot CPI and blowout payrolls killed rate-cut bets and forced a break below the 200-day SMA. Price bottomed at 4023.89 and the latest bar staged a sharp $90 reflex bounce to 4211.72, reclaiming the 4100 psych area, but it remains deep below both EMA20 and EMA50 with ATR(14) heavily expanded. The 4220 session high is the immediate cap on this oversold rebound.
Support: 4,100.00, 4,052.34, 4,023.89
Resistance: 4,220.19
What it said to watch
Rejection at the 4220 session high keeps the lower-high structure intact
H4 close back below 4100 psych re-opens the 4052 swing low and 4000 area
Fri 14:00 UTC Michigan sentiment / inflation expectations could materially shift this read
Gold is in a steep H4 downtrend, shedding over $400 from the early-month highs after the hot CPI and blowout payrolls killed rate-cut hopes and drove a break below the 200-day SMA. Price carved a fresh swing low at 4023.89 before an oversold bounce reclaimed 4150; RSI(14) near 32 is lifting off lows even as price made lower lows, hinting at waning downside momentum. ATR(14) is sharply elevated, confirming an expansion regime as the selloff extends.
Support: 4,023.89, 4,000.00
Resistance: 4,274.29
What it said to watch
Loss of 4023.89 and the 4000 psych level opens deeper losses
H4 close back above 4274 would challenge the lower-high structure
UoM inflation expectations (Fri 14:00 UTC) is the key swing factor for the Fed-path read
Gold is in a steep H4 downtrend, shedding roughly $400 in three sessions to YTD lows at 4023.89 after the hot 4.2% CPI print reignited Fed-hawkish bets and broke the 200-day SMA. ATR(14) is heavily expanded near 56.00, confirming trend extension rather than compression, and every push toward 4100 is being sold. The current oversold bounce is stalling below the 4100 cap with price still well under both EMAs.
Support: 4,023.89, 4,000.00
Resistance: 4,100.00, 4,150.00
What it said to watch
H4 close above 4100 needed to extend the bounce toward 4150
Loss of 4023.89 opens the 4000 psych floor
Michigan Sentiment + inflation expectations Fri 14:00 UTC could materially shift this read
17:03 UTC
Downtrend, extended and oversold · RSI 33 · price 4,092.54
Lower highs and lower lows, basing below 4100.
Gold has shed roughly $400 over three sessions into YTD lows sub-4050 after the hot 4.2% CPI print and rebuilt Fed-hike bets — a textbook impulsive H4 downtrend with expanding ATR. Price is now consolidating below the 4100 cap, with the swing low at 4052 and the 4023.89 ytd low capping the downside ahead of the 4000 psych floor. RSI is deeply oversold, but every probe toward 4100 has been faded so far.
Support: 4,052.00, 4,023.89, 4,000.00
Resistance: 4,100.00, 4,150.00
What it said to watch
H4 close above 4100 cap would relieve the oversold pressure and open 4150 resistance
Break below 4023.89 ytd low exposes the 4000 psych floor
Michigan Sentiment Fri 14:00 UTC — inflation-expectations component could force a fresh leg
Gold is in a clean H4 downtrend, flushing from the 4679 high to 4061 after the hot CPI repricing flipped the Fed to higher-for-longer and rebuilt USD longs. The break below the 4300-4350 shelf accelerated selling, with ATR(14) expanding sharply as price now probes the 4050 YTD-low region. Price trades well below both the EMA20 and EMA50, which remain stacked bearishly overhead.
Support: 4,050.00
What it said to watch
H4 close below 4050 confirms a lower low and opens further downside
Reclaim of 4179 would challenge the lower-high structure
UoM Michigan Sentiment Fri 14:00 UTC could materially shift this read
Gold has been in a sustained multi-day decline from the ~4500 shelf, sliding more than 400 points into 4061 after hot CPI and jobs flipped the Fed read to higher-for-longer. ATR(14) is expanding as price prints fresh lower lows below both EMAs, and the move now sits just above the 4050 YTD floor flagged in the macro digest. The 200-DMA break is well behind it, leaving 4050-4024 as the immediate downside structure to monitor.
Support: 4,050.00, 4,023.89
Resistance: 4,170.00
What it said to watch
H4 close below 4050 confirms a fresh lower-low and opens 4024
Reclaim of 4111 needed to ease the downtrend, then 4170 recovery res
Michigan Sentiment + inflation expectations Fri 14:00 UTC could shift this read
10:23 UTC
Downtrend, accelerating · RSI 30 · price 4,093.97
Lower highs and lower lows, freefall.
Gold is in a one-way H4 downtrend, slicing through the $4,250, $4,200 and $4,100 supports after the hot NFP and in-line-but-accelerating CPI cemented higher-for-longer pricing. The waterfall stalled at 4023.89 with a small inside bar, but price sits well below EMA20/EMA50 and ATR(14) is expanding, confirming trend extension rather than a base. The broken $4,100 level now caps any bounce.
Support: 4,023.89, 4,000.00
Resistance: 4,100.00
What it said to watch
US PPI + jobless claims at 12:30 UTC could materially shift this read
Clean H4 close below 4023.89 swing low opens sub-4000 psych
Reclaim of 4100 prior support would ease the downside pressure
Gold remains in a steep H4 downtrend, slicing through the $4,250, $4,180 and $4,100 supports after the hot NFP and accelerating 4.2% CPI cemented higher-for-longer Fed pricing. Price now sits just above the $4,050 multi-month low with ATR(14) expanding sharply — a momentum-driven leg, not compression. Both EMA20 and EMA50 sit well overhead, framing the prior $4,100 support as the first reaction ceiling.
Support: 4,050.00, 4,000.00
Resistance: 4,100.00
What it said to watch
PPI at 12:30 UTC could materially shift this read
Clean H4 close below 4050 opens the path to sub-4000
Reclaim of 4100 would mark the first lower-high break of the down leg
Gold is in freefall, sliding from ~4500 toward the 4050 multi-month low as a blowout 172K NFP and hot CPI cemented a higher-for-longer Fed read and lifted yields, overwhelming any Iran-driven haven bid. Structure is a clean cascade of lower highs and lower lows, price trading well below both EMA20 and EMA50 with ATR(14) expanding — a trending, not compressing, regime. RSI near 29 reflects oversold conditions but offers no structural reversal yet.
Support: 4,050.00, 4,023.89
Resistance: 4,100.00
What it said to watch
US PPI in ~5h (core YoY f/c 5.4%) could materially shift this read
H4 close below 4050 opens further downside toward the 4024 swing low and beyond
Reclaim of 4100 pivot needed to challenge the lower-high sequence
Gold is in a steep multi-week decline, sliding from ~$4,500 to the $4,080 area after the 172K NFP beat and hot CPI cemented a higher-for-longer rate read. Price has sliced below the $4,100 pivot with each H4 bar printing fresh lows; ATR(14) is expanding, signalling a trending, not consolidating, regime. RSI sits oversold but the structure remains firmly below EMA20 and EMA50.
Support: 4,050.00
Resistance: 4,100.00
What it said to watch
H4 close below 4050 opens further downside toward 4023 and beyond
Reclaim of 4100 would challenge the lower-high sequence
US PPI in ~5.4h (core YoY f/c 5.4%) could materially shift this read
Gold remains in freefall on the H4, slicing through the 200-DMA and $4,050 as hot CPI and a blowout NFP cemented higher-for-longer rate bets. Structure is cleanly lower-high/lower-low; price slid from ~4,595 to a 4,024 swing low before a shallow bounce back to the 4,100 pivot. ATR(14) is expanding hard, consistent with an active markdown rather than exhaustion.
What it said to watch
US PPI at 12:30 UTC (~5h) could materially shift this read
H4 close below 4,024 confirms continuation lower
Reclaim of 4,180 prior support would soften the markdown read
Lower highs and lower lows, fresh multi-month lows.
Gold remains in a clean H4 downtrend, printing lower highs and lower lows since the early-window rejection near 4710; the slide from ~4500 accelerated this week as hot NFP and in-line-but-hot CPI cemented a higher-for-longer rate read, slicing price below the $4,100 pivot toward the $4,050 multi-month low. ATR(14) is expanding sharply, confirming trend extension rather than compression, with price trading well below both EMA20 and EMA50. Last bar's wick off 4023 marks the only near-term demand reaction.
Support: 4,050.00, 4,024.00
What it said to watch
H4 close below 4050 opens path toward and through the 4024 swing low
Reclaim of 4100 turns it from support into resistance to watch for rejection
US PPI / jobless claims ~12:30 UTC (within next bar) could materially shift this read
Lower highs and lower lows, fresh multi-week lows.
Gold is in a clean, accelerating H4 downtrend, printing fresh multi-week lows near 4023 after slicing through the 4100 support that now caps as resistance. The leg lower is yield-led — a blowout NFP and sticky 4.2% CPI flipped the Fed to a hawkish/hike read, hammering the non-yielder. ATR(14) has expanded sharply, marking a momentum-driven move rather than compression, with RSI deeply oversold.
Support: 4,000.00
Resistance: 4,100.00
What it said to watch
US PPI in ~9h could materially shift this read
Break of 4023 opens the path toward the 4000 psych level
H4 close back above 4100 would ease downside pressure
05:03 UTC
Downtrend, accelerating · RSI 23 · price 4,072.63
Lower highs and lower lows, range break lower.
Gold is in an established H4 downtrend, printing lower highs and lower lows since the early-window roll off 4718, with the decline accelerating into 11-week lows around 4072 as hot NFP and sticky 4.2% CPI fed a hawkish-Fed, yield-led repricing. The 4100 prior-support shelf has given way and now caps bounces, while ATR(14) is expanding — a trend-extension regime rather than compression. Price holds below EMA20 and EMA50, both sloping down.
Support: 4,023.89, 4,000.00
Resistance: 4,100.00
What it said to watch
US PPI at 12:30 UTC (~7h) could materially shift this read
Clean H4 close below 4023.89 opens the path toward 4000 psych
Reclaim of 4100 broken support needed to ease downside pressure
Lower highs and lower lows, fresh multi-month low.
Gold is in a steep, accelerating downtrend, sliding from ~4550 to a fresh multi-month low at 4023 after the blowout NFP and sticky 4.2% CPI killed rate-cut hopes and triggered the 200-DMA break near 4170. Price trades well below both EMAs with ATR(14) expanding sharply, marking trend extension rather than compression. The prior 4100 support has flipped to overhead resistance, with 4000 the next psychological line below.
Support: 4,000.00
Resistance: 4,100.00, 4,170.00
What it said to watch
H4 close below 4000 opens deeper downside toward the round number void
Reclaim of 4100 prior support would ease the breakdown read
Core PPI Thu 12:30 GMT (f/c 5.4% YoY) could materially extend or unwind this move
Gold is in a sustained H4 downtrend, collapsing from ~4500 after the blowout NFP smashed rate-cut bets and price broke the 200-DMA near 4170; the slide has since accelerated through the 4100 line in sand to a multi-month low at 4023.89. In-line CPI offered no relief and ATR(14) is expanding sharply, confirming trend extension rather than orderly retracement. The 4100 zone now caps as the first overhead reference with 4170 and 4250 above.
Support: 4,023.89, 4,000.00
Resistance: 4,100.00, 4,170.00, 4,250.00
What it said to watch
PPI Thu 12:30 GMT could extend the move if core YoY prints hot
Loss of 4000 round number opens deeper downside
Reclaim of 4100 then 4170 needed to challenge the bearish structure