Downtrend extended through Monday's NY session, snapping the 4021 weekly low and probing 3986 before stalling on the 4000 psych level. The leg lower was fed by Fed-hike repricing and oil-driven inflation fears, keeping price well below EMA20/50. RSI(14) sits near oversold as the last bars base just above 4000.
Support: 4,000.00
Resistance: 4,021.00
What it said to watch
H1 close back above 4021 weekly low would ease the breakdown read
Failure to hold 4000 psych opens 3986 swing low
US CPI Tue 12:30 UTC could materially shift this read
Gold gapped lower into the new week and ground down from the 4120 area to a 3986.59 low, sliding through the 4070 range floor and the 4100 pivot as US-Iran energy-inflation fears fed Fed-hike bets. Price is now pinned to the 4000 psych level, printing tight bars after the drop with RSI(14) basing in the high-30s. The former 4070 floor now caps as overhead resistance.
Support: 4,000.00, 3,986.59
Resistance: 4,043.00, 4,070.00, 4,100.00
What it said to watch
Failure to hold 4000/3986.59 confirms a fresh lower-low
H1 close back above 4043 then 4070 would neutralise the downtrend read
US CPI Tue 12:30 UTC could materially shift this read
Lower highs, lower lows; broke week's range floor.
Gold slid through the $4,021 weekly floor during the NY session, extending the week's downtrend to a 3986 low before stabilising around the 4000 psych level. RSI(14) sits near oversold as the decline decelerates, and the macro read flags fading bears into Tuesday's US CPI. Price trades below both EMA20 and EMA50 with no reclaim attempt yet.
Resistance: 4,021.00, 4,043.18
What it said to watch
H1 close back above 4021 weekly floor would neutralize the range break
Reclaim of 4043 breakdown level would signal buyers stepping back in
US CPI Tue 12:30 UTC is a binary catalyst that could reshape this read
Gold broke below the week's 4,021-4,132 range through the NY session, sliding to 3,986 before stabilising back near the 4,000 round number. Price sits well below EMA20 and EMA50 with RSI(14) pressed into oversold, and the last few bars show demand stepping in around 3,986 as the slide loses pace. The move ties to hawkish-Fed repricing on energy-inflation fears, with bears looking stretched into US CPI.
What it said to watch
Hourly close back above 4,021 would put price back inside the prior range
Failure to hold 3,986 confirms a lower low and opens the 4,000 psych break
US CPI is the key catalyst and could materially shift this read
Gold sold off through the NY session, breaking the week's $4,021 floor and printing a fresh low at 3986.59 before stabilising around the 4000 round number. The slide came as US-Iran energy-inflation fears fed Fed-hike bets, keeping price pinned below EMA20 and EMA50 all week. RSI(14) is oversold near 30, and the recent bounce off 3986 hints at fading downside momentum.
Support: 3,986.59, 4,000.00
Resistance: 4,021.00
What it said to watch
Sustained trade below 3986.59 confirms another lower low
Reclaim of 4021 weekly low would negate the breakout
US June CPI Tue 12:30 UTC could materially shift this read
Downtrend intact — price broke the $4,021 weekly low during the NY session and printed fresh lows near $3,987 before stabilising at the $4,000 psychological mark. RSI(14) is holding above its earlier trough while price carved new lows, a bullish divergence flagged into tomorrow's US CPI. Price trades well below both EMA(20) and EMA(50), with rallies capped near the $4,067 swing high along a descending line of lower highs.
What it said to watch
H1 close back above $4,021 would invalidate the lower-low read
Failure to hold $4,000 opens continuation toward the $3,987 swing low
US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
20:03 UTC
Downtrend, second leg lower · RSI 37 · price 4,002.72
Lower highs and lower lows, price below EMAs.
Gold rolled over from Thursday's ~4132 high and lost the 4067 swing area, accelerating through 4043 and breaking under the 4000 round number to a 3986 session low before a shallow bounce back to 4002. Price trades below both EMA(20) and EMA(50) with RSI(14) sub-40 — bearish structure of lower highs and lower lows intact, consistent with USD firmness on Iran/oil-driven Fed-hike pricing.
Support: 4,000.00
Resistance: 4,043.18
What it said to watch
US CPI Tue 12:30 UTC then Warsh testimony 14:00 UTC — back-to-back catalysts that can reset this read
Failure to reclaim 4021 prior low keeps the breakdown structure intact
Hourly close back above 4043 breakdown level would neutralise the second leg lower
Loss of 3986 session low confirms continuation toward the 4021 four-day marker's downside
Gold gapped down at Monday's open below the 4089.91 weekly open and has trended lower all week, breaking the prior 4021 low and printing 3986.59 before stabilising on the 4000 psych level. Price sits well under EMA20 and EMA50 with RSI(14) pressed into the low 30s as the US-Iran flare-up and hawkish-Fed pricing keep the dollar firm. The final bars are coiling in a tight consolidation around 4000 into a heavy risk event.
Support: 4,000.00, 3,986.59
Resistance: 4,021.00, 4,089.91
What it said to watch
US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
Failure to hold the 4000 psych level and a close below 3986.59 confirms a fresh lower low
Reclaim of the 4021 prior low would be the first sign of easing downside pressure
Gold rolled over through the NY session, slicing the $4,021 four-day low and probing sub-$4,000 for the first time this week as safe-haven USD demand and oil-led inflation fears weighed. Price sits well below EMA20 and EMA50 with RSI(14) pinned near 31, and every bounce since the weekend gap has been capped at lower highs. The $4,000/4,021 band that once acted as support is now the immediate zone to watch for rejection.
What it said to watch
Reclaim of 4021 prior low needed to ease the downside pressure
Gold rolled over below the $4,100 pivot and snapped the $4,021 four-day low, extending to ~$3,986 into the NY session on safe-haven USD strength from the US-Iran escalation. Price is pinned sub-$4,000, trading below both EMA20 and EMA50 with RSI depressed in the low-30s. The weekend gap down from ~4120 set the tone and sellers have kept control since.
Resistance: 4,000.00, 4,021.00
What it said to watch
US CPI Tue 12:30 UTC then Warsh testimony 14:00 UTC — back-to-back catalysts that could reshape this read
Reclaim of 4021 needed to ease downside pressure
Sustained hold below 4000 keeps 3986 session low exposed
Gold has extended lower through Monday's NY session, slicing the $4,021 four-day low as renewed Iran-strike headlines revived inflation/hike fears and firmed the dollar. Price is trading below both EMA(20) and EMA(50) with RSI(14) pinned near oversold, and the $4,100 pivot has capped every attempt since the weekend gap. The prior $4,021 support now flips to overhead resistance while sellers defend the sub-$4,000 area.
Support: 3,986.59
Resistance: 4,021.00, 4,100.00
What it said to watch
US CPI Tue 12:30 UTC is the dominant catalyst and could materially shift this read
Failure to hold 3986.59 session low confirms continuation lower
An hourly close back above 4021 the prior 4-day low neutralises the break
Reclaim of the 4100 pivot would negate the bearish tilt
18:03 UTC
Downtrend, extended · RSI 25 · price 3,993.94
Lower highs, fresh lows below 4021.
Gold sold off through the NY session, breaking the 4021 four-day low and probing sub-4000 as renewed US-Iran strikes lifted USD safe-haven demand — a second straight down day. Price sits well below EMA20 and EMA50 with RSI(14) pressed into oversold, and the 4100 pivot has capped every bounce this week. Momentum is stretched but structure remains firmly lower.
Support: 4,000.00
Resistance: 4,021.00, 4,100.00
What it said to watch
US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
H1 close below 3986 confirms a fresh lower low
Reclaim of 4021 would negate the breakdown and re-open the 4100 pivot
Gold has been pinned under EMA(20) all week and gapped lower into the Monday session, then accelerated through 4021 to print a fresh weekly low at 3986 as the USD stayed bid on safe-haven and Fed-hike flows. RSI(14) is oversold near 28 with price extended below both EMAs; the 4067 swing high has capped every bounce. The final bar is a thin, near-flat print as traders sit ahead of Tuesday's US CPI.
Support: 3,950.00
Resistance: 4,021.00, 4,067.00
What it said to watch
US CPI (Tue 12:30 UTC) + Warsh testimony are the dominant catalysts for the next sessions
Lower highs and lower lows, fresh break below $4,000.
Gold rolled over through the $4,000 psych level into the NY session Monday, extending the weekend gap-down and printing a fresh session low at 3986.59. Price has held below both EMA20 and EMA50 all day with RSI(14) pressed into oversold near 26 as the oil-inflation-Fed-hike theme keeps the USD bid. The 4021 prior low has flipped to resistance and 4070 caps the broader recovery attempts seen last week.
Support: 3,986.59
Resistance: 4,000.00, 4,070.00
What it said to watch
US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
Sustained hold below 4000 keeps the downtrend intact; reclaim of 4021 eases pressure
Loss of 3986.59 session low confirms continuation lower
Gold gapped lower into this week's open near 4090 and has stayed offered, sliding under EMA(20)/EMA(50) through the NY session and breaking the 4043 prior-support shelf. The last leg swept the 4000 round number to a 4000.41 swing low as the oil-driven inflation bid firmed the USD, leaving RSI(14) pinned in oversold. 4100 remains the pivot capping any relief attempt.
Support: 4,000.41, 4,000.00
Resistance: 4,043.00, 4,067.00, 4,100.00
What it said to watch
Sustained trade below 4000 round number opens further downside
Reclaim of 4043 then 4067 pivot needed to ease selling pressure
US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
Gold has stayed heavy below the $4,100 pivot all week, rolling over into a fresh leg down that broke $4,043 and printed a new low near $4,000 in the NY session as the USD held its safe-haven bid. Price trades under both EMA(20) and EMA(50) with RSI(14) pushing into oversold, and the bounce off $4,000 remains shallow. The $4,043–$4,067 band is the first zone to watch for rejection or reclaim.
Support: 4,000.00
Resistance: 4,067.00, 4,100.00
What it said to watch
US CPI Tue 12:30 UTC is a high-impact catalyst that can reset this read
Sustained break below 4000 opens the path lower
Reclaim of 4067 then 4100 pivot would neutralise the downtrend read
Gold broke to fresh lows in NY hours, slicing through the $4,021 weekly low toward the $4,000 round number after fresh US-Iran escalation lifted the USD and Fed-hike bets. Price trades well below EMA(20) and EMA(50) with RSI(14) pressed into oversold, marking a second straight down day. The selloff has extended the week's descending sequence of lower highs off the ~$4,180 open.
What it said to watch
Reclaim of $4,021 would ease the fresh lower-low structure
Sustained hold below $4,000 confirms the downside break
US CPI Tue 12:30 UTC + Warsh testimony 14:00 UTC are the main catalysts and could materially shift this read
Gold has bled steadily lower all week, sliding below the $4,100 pivot and breaking the $4,021 weekly low into the latest NY session as US-Iran escalation revived energy-inflation and Fed-hike fears. The last leg cut through $4,043 with an expanding range, printing a $4,000.41 low before closing at 4016; RSI(14) is oversold at ~27. Price sits well below both EMA(20) and EMA(50), with every intraday bounce this week capped along descending highs.
Support: 4,000.00
Resistance: 4,021.00
What it said to watch
US CPI Tue 12:30 UTC is the main catalyst and could reset this read
Loss of the 4000 round number opens further downside
An H1 close back above the 4021 weekly low would ease the breakdown
Gold gapped lower into this week's open and has slid back toward the $4,021 weekly low, trading well below EMA(20) and EMA(50) as renewed US-Iran strikes revived inflation and Fed-hike fears. Two intraweek bounces stalled at the $4,100 pivot and the $4,132 recovery cap, keeping the lower-high sequence intact. RSI(14) sits near 37 with price grinding into session lows.
Support: 4,021.78
Resistance: 4,100.00
What it said to watch
H1 close below 4021.78 confirms a fresh lower low
Reclaim of the 4100 pivot needed to relieve the downtrend
US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC are the dominant catalysts that could reset this read
Gold has been in a steady downtrend all week, sliding from the 4180 area to a 4021 weekly low, bouncing to 4132, then fading again after the weekend gapped lower and reopened near 4090. Price now sits at ~4041, back below EMA(20) and EMA(50), with the 4070 area capping the latest recovery attempt and renewed Iran-strike/hawkish-Fed tone weighing. RSI(14) near 37 tracks the fresh push toward the range base.
Support: 4,040.00, 4,021.00
Resistance: 4,070.00, 4,100.00, 4,132.00
What it said to watch
Loss of 4040 exposes a retest of the 4021 weekly low
Hourly close back above 4070 needed to challenge the 4100 pivot
US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
13:04 UTC
Corrective, capped below EMAs · RSI 44 · price 4,065.39
Lower highs since week open, drifting into range.
Gold has slipped from Monday's ~4090 open toward the 4050 swing low, trading below both H1 EMAs after the fade off this week's 4138 high; the metal sits back under the $4,100 pivot as fresh US-Iran strikes revive inflation/Fed-hike fears. Price is hovering near the 61.8% retracement of the 4021-4138 bounce, with RSI(14) mid-40s and no divergence. Last-day action is compressing into a 4050-4090 range.
Support: 4,050.00, 4,021.00
Resistance: 4,090.00, 4,100.00, 4,138.00
What it said to watch
US CPI Tue 12:30 UTC (then Warsh testimony 14:00 UTC) could materially shift this read
H1 close above 4090 day open reopens the 4100 psych pivot
Gold gapped down at Monday's open from Friday's 4120 close and has since drifted lower, holding below the 4100 pivot after fresh US-Iran headlines revived Fed-hike fears. Price trades below EMA20 and EMA50 with RSI(14) parked in the low-40s, and each bounce toward 4090 has been capped this session. Structure remains a sequence of lower highs off the 4138 recovery peak.
Support: 4,043.00, 4,021.00
Resistance: 4,090.00, 4,100.00, 4,120.00
What it said to watch
US June CPI Tue 12:30 UTC is the dominant risk and can reset this read
H1 close back above 4100 pivot would neutralise the lower-high sequence
Gold gapped lower into Monday's open after weekend US-Iran strikes revived the USD and yield bid, extending the slide below the 4100 pivot. Price trades under both EMA20 and EMA50 with RSI(14) in the low 40s, grinding toward the 4043 session low with the 4021 weekly low as the next downside marker. The near-term 4074 shelf and 4100 pivot now cap rebound attempts.
Resistance: 4,074.00, 4,100.00
What it said to watch
US CPI Tue 12:30 UTC is the pivot for this read
H1 close back above 4100 pivot would neutralise the downside
Failure to hold 4021 weekly low confirms a fresh lower-low
Gold has traded below the 4100 pivot since last week's sharp selloff, and this week opened near 4090 before drifting to 4058 into the London-NY window, holding under EMA(20). RSI(14) is stuck in the high-30s to low-40s as prior high 4076 caps rebounds and the session low around 4050 is being probed. Iran-driven USD strength and pre-CPI positioning keep the tone defensive.
Support: 4,050.00, 4,021.00
Resistance: 4,076.00, 4,100.00
What it said to watch
Reclaim of the 4100 pivot would neutralise the lower-high structure
A close below the 4021 weekly low confirms a fresh lower low
US CPI Tue 12:30 UTC is the pivot for this read; Fed's Waller today 16:30 UTC
Gold gapped lower over the weekend from 4120 to open near 4090 and has since ground down to 4058, holding below both EMA(20) and EMA(50) all week. The metal remains pinned under the 4100 pivot as safe-haven USD demand and hawkish-Fed pricing weigh, per the digest. RSI(14) sits mid-40s with price consolidating in a 4046–4094 band ahead of CPI.
Support: 4,046.00, 4,021.00
Resistance: 4,090.00, 4,100.00
What it said to watch
US June CPI Tue 12:30 UTC is the week's key catalyst and could reset this read
H1 close back above 4090 gap area would neutralise the lower-highs sequence
Break below 4046 session low opens the 4021 weekly low
11:03 UTC
Downtrend, capped below EMAs · RSI 41 · price 4,058.76
Lower highs, gap-down continuation.
Gold gapped lower into this week's reopen and has drifted from ~4090 toward the 4046 recent low, holding below EMA20 and EMA50 with RSI(14) parked in the low 40s. The metal remains pinned under the 4100 pivot after the earlier US-Iran/energy-inflation driven sell-off, with each bounce this session capped in the 4074-4090 zone. Structure stays a series of lower highs beneath resistance.
Support: 4,046.00, 4,021.00, 4,000.00
Resistance: 4,090.00, 4,100.00
What it said to watch
US June CPI Tue 12:30 UTC is the week's key catalyst and could materially shift this read
Failure to hold 4046 opens a retest of the 4021 weekly low and 4000 psych
H1 close back above the 4100 pivot would neutralise the lower-high structure
Gold gapped lower into Monday's open near 4090 and faded the prior recovery, now churning around 4068 below both EMA(20) and EMA(50). Renewed US-Iran strikes revived Fed-hike fears and kept the dollar bid, leaving gold heavy; the 4100 psych pivot and Monday's weekly open at 4090 have capped the bounce. Support at 4050 held twice this week with the 4021 weekly low the key downside marker.
Support: 4,050.00, 4,021.00
Resistance: 4,090.00, 4,100.00
What it said to watch
H1 close back above 4100 psych pivot would negate the lower-high sequence
Failure to hold 4050 swing low opens the 4021 weekly low
US CPI Tue 12:30 GMT could materially shift this read
Gold gapped lower into Monday's session and has churned in the 4043-4094 band beneath the broken 4100 pivot, holding a downtrend as US-Iran strikes revive inflation/hike fears. Price sits below EMA20 and EMA50 with RSI(14) cycling near 46; Monday's low at 4043 has drawn a bounce but each rally has printed a lower high. The 4021 weekly low remains the key downside marker into Tuesday's US CPI.
Support: 4,050.00, 4,021.00
Resistance: 4,100.00
What it said to watch
H1 close above 4100 pivot negates the lower-high sequence
Failure to hold 4050 session low exposes the 4021 weekly low
US CPI Tue 12:30 GMT could materially shift this read
09:04 UTC
Downtrend, defensive · RSI 43 · price 4,074.72
Lower highs, capped below 4100 pivot.
Gold gapped lower into this week's open and slid back below the 4100 pivot to ~4074 after fresh US-Iran strikes revived oil-driven inflation and Fed-hike fears, keeping the dollar bid. Price sits below both EMA20 and EMA50 with RSI(14) mid-40s, and the mid-week recovery to 4138 has since been faded through the 50% retracement. The 4100 handle has capped every bounce this week while 4050 marks the immediate demand shelf ahead of the 4021 weekly low.
Support: 4,050.00, 4,021.00, 4,000.00
Resistance: 4,100.00
What it said to watch
US June CPI Tue 12:30 UTC + Warsh testimony 14:00 UTC — dominant twin catalyst that could reshape this read
Hourly close back above the 4100 pivot would neutralise the lower-high structure
Failure to hold 4050 opens the path toward the 4021 weekly low and 4000 psych
Gold reopened with a weekend gap lower and remains heavy near 4074 after fresh US-Iran strikes revived the USD/yield bid. Price sits below EMA20 and EMA50 with the 4100 pivot capping the prior bounce that peaked at 4132; the 4021 weekly low and 4000 handle stand as downside markers. The dominant move of the week — the slide from 4180 to 4021 — still frames the structure, with the recovery to 4132 now retraced.
Support: 4,050.00, 4,021.00, 4,000.00
Resistance: 4,100.00, 4,132.00
What it said to watch
H1 close back above 4100 pivot would neutralise the downside read
Loss of 4050 swing low reopens the path to the 4021 weekly low
US CPI Tue 12:30 UTC plus Warsh testimony are the dominant catalysts and could reset this read
08:03 UTC
Downtrend, stabilising off lows · RSI 43 · price 4,066.02
Lower highs, fresh swing low then bounce.
Gold gapped lower into the new week and extended the down-leg, printing a fresh swing low at 4043 before demand stabilised it back to 4066. Price sits below EMA20 and EMA50 with RSI(14) in the mid-40s, capped under the 4090-4100 pivot zone that lines up with a run of lower highs and stays well below the 4132 recent high. This week's ~1.6% slide reflects revived Fed-hike fears from the oil move; US CPI Tuesday is the decisive catalyst.
Support: 4,043.00, 4,021.00, 4,000.00
Resistance: 4,090.00, 4,100.00, 4,132.00
What it said to watch
H1 close above 4100 pivot negates the lower-high sequence
Loss of 4043 session low opens 4021 weekly low and 4000 psych
US CPI Tue 12:30 UTC could materially shift this read
08:03 UTC
Downtrend, net depreciation this week · RSI 43 · price 4,066.02
Lower highs, lower lows; weekend gap down.
Gold gapped lower into Monday's open near 4090 and has stayed capped beneath it, extending a week of ~1.6% depreciation as oil-driven Fed-hike fears revive USD/yield strength. Price sits below EMA20 and EMA50 with RSI(14) in the low 40s; demand has stepped in twice around the 4043-4050 zone to hold a floor above the 4021 weekly low. The bounce off 4050 lacks conviction with the metal chopping under the 4090 weekly open.
Support: 4,050.00, 4,021.00, 4,000.00
Resistance: 4,090.00
What it said to watch
H1 close back above 4090 weekly open would negate the gap-down continuation
Failure to hold the 4050 recent low opens the path to 4021 weekly low and the 4000 psych level
US CPI Tue 12:30 UTC is the decisive catalyst and could materially shift this read
07:03 UTC
Downtrend, fresh lows · RSI 36 · price 4,055.05
Lower highs, lower lows below 4100 pivot.
Gold gapped lower into Monday's open and trended down through the session, printing a fresh swing low near 4043 after last week's relief bounce stalled at the 4120 prior high. Price sits below both EMA20 and EMA50 with RSI in the mid-30s, and the 4100 pivot has flipped to cap overhead. The weekly loss backdrop is bearish sub-4100 ahead of Tuesday's US CPI.
Support: 4,043.00, 4,021.00, 4,000.00
Resistance: 4,090.00, 4,100.00, 4,120.00
What it said to watch
Loss of the 4043 swing low opens the path toward the 4021 week low and 4000 psych
Reclaim of the 4090 session high and 4100 pivot would ease the downside pressure
US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
07:03 UTC
Downtrend, fresh lows · RSI 37 · price 4,055.05
Lower highs and lower lows, gapped down.
Gold gapped down over the weekend from 4120 to near 4090 and has bled lower through the Asia session, printing fresh lows around 4050 with price locked below EMA20 and EMA50. The move extends the week's ~1.6% loss as the bounce off 4021 fades; RSI(14) sits in the mid-30s but no bullish divergence yet. Sub-4090 supply keeps rallies capped ahead of Tuesday's US CPI.
Support: 4,000.00
Resistance: 4,090.00
What it said to watch
Hourly close below 4043 confirms a lower low, exposing the 4021 week low and 4000 psych
Reclaim of the 4090 gap open needed to neutralise the downtrend
US CPI Tue 12:30 UTC and Warsh testimony are the decisive catalysts for this read
06:03 UTC
Downtrend, momentum heavy · RSI 36 · price 4,054.51
Lower highs, weekend gap down.
Gold gapped lower into the new week and has trended down through the Asia session toward the 4050 session low, holding below EMA20/50 with RSI(14) sub-40. The prior relief bounce that capped at 4132 has fully unwound, and price now sits caught between the 4050 session low and the 4090 gap fill. Move fits the bearish this-week read — relief-driven rallies off oil easing have stayed capped ahead of tomorrow's US CPI.
Support: 4,050.32, 4,021.00
Resistance: 4,090.00, 4,132.00
What it said to watch
US CPI Tue 12:30 UTC could materially shift this read
H1 close below 4021 weekly low confirms a lower low
Reclaim of 4090 gap fill needed to challenge the downtrend
Gold gapped lower into Monday's open and has slid steadily, breaking back below the $4,100 pivot and trading toward the $4,021 weekly low. Price sits under both EMA(20) and EMA(50) with RSI(14) subdued in the high-30s, consistent with the week's bearish structure noted in the digest as oil relief fades. The $4,132 recent high capped the mid-week bounce and remains the rally cap overhead.
Support: 4,000.00
Resistance: 4,100.00
What it said to watch
US CPI Tue 12:30 UTC then Warsh testimony 14:00 UTC could materially shift this read
H1 close back above 4100 pivot would neutralise the bearish structure
Failure to hold 4021/4000 confirms continuation of the lower-low sequence
Gold opened the week near $4,137, sold off to a weekly low around $4,021 mid-week, then staged a relief bounce that stalled at $4,120 — leaving a chain of lower highs. A weekend gap lower reopened near $4,090 and the Asia session has extended the slide toward the $4,050 session low, price sitting below both EMA(20) and EMA(50). US CPI Tuesday is the dominant upcoming catalyst.
Support: 4,021.00, 4,000.00
Resistance: 4,090.00
What it said to watch
H1 close below 4021 confirms a lower low and opens the 4000 psych level
Reclaim of the 4090 gap edge would ease the downside pressure
US CPI Tue 12:30 UTC could materially shift this read
05:04 UTC
Downtrend, momentum heavy · RSI 34 · price 4,057.59
Lower highs and lower lows since midweek peak.
Gold gapped lower into this week's open and has extended the slide, trading below both EMA(20) and EMA(50) with RSI(14) pressed into the low 30s. The metal broke back under the 4076 prior high after failing to reclaim 4090, keeping structure on lower highs and lower lows since midweek's 4180 peak. The move fits the corrective, USD-firm tone flagged into US CPI.
Support: 4,050.00, 4,021.00
Resistance: 4,076.00, 4,090.00
What it said to watch
Hourly close below 4050 swing low opens the 4021 weekly low
Reclaim of 4076 prior high needed to stall the lower-high sequence
US CPI Tue 12:30 UTC could materially shift this read
Gold spiked to 4180 early in the week on the Iran ceasefire collapse and oil-fed inflation fears, then unwound to a 4021 weekly low before a relief bounce back toward the 4100 pivot. That recovery has faded this session, with price back at 4059 and holding below EMA20/EMA50 — the 4130 lower high capped the last push. Structure stays offered with the weekly range base at 4021 in focus.
Support: 4,000.00
Resistance: 4,100.00, 4,130.00
What it said to watch
H1 close back above the 4100 pivot neutralises the fade
Break of 4021 weekly low opens the 4000 psych floor
US CPI Tue 12:30 UTC could materially shift this read
Gold opened this week with a gap lower and has slid from ~4090 to 4059, giving back the relief bounce that carried it back to the 4120 prior high late last week. Price trades below EMA20 and EMA50 with a chain of lower highs from the 4180 peak capping every rally; the $4,100 pivot remains the line separating relief from renewed pressure. The move fits the softer-USD-but-fragile read into Tuesday's CPI, with the 4021 weekly low the reference point below.
Support: 4,053.00, 4,021.00, 4,000.00
Resistance: 4,100.00, 4,120.00
What it said to watch
H1 close back above 4100 pivot invalidates the lower-high sequence
Failure to hold 4053 swing low opens the 4021 weekly low / 4000 floor
US CPI Tue 12:30 UTC could materially shift this read
Gold gapped lower at this week's open, extending the bearish structure that framed the prior week — Monday's 4180 high gave way to the 4021 weekly low. The relief bounce toward the 4120 prior high faded into a series of lower highs, and price now trades below EMA20 and EMA50 near the 4061 session low. RSI(14) sits soft in the mid-30s with no bullish divergence yet.
Support: 4,061.15
Resistance: 4,090.00, 4,100.00
What it said to watch
Break below 4021 weekly low confirms continuation of the down-leg
Reclaim of the 4090 gap open / 4100 pivot needed to ease pressure
US CPI Tue 12:30 UTC is the week's key catalyst and could reshape this read
03:03 UTC
Downtrend, momentum heavy · RSI 37 · price 4,066.58
Lower highs, lower lows; gapped lower on reopen.
Gold gapped lower on the reopen and has trended down toward 4066, unwinding last week's relief bounce off the 4021 weekly low and printing a ~1.6% weekly loss. Price is holding below EMA20 and EMA50 with RSI(14) pinned in the mid-30s; the 4100 pivot capped the recovery and the drop back through it kept structure bearish. The move fits the digest read of a fragile, relief-driven rally with hawkish Fed pricing capping upside.
Support: 4,033.00, 4,021.00
Resistance: 4,100.00
What it said to watch
Reclaim of the 4100 pivot would soften the bearish structure
Loss of 4033 then 4021 weekly low confirms lower-low extension
US CPI Tue 12:30 UTC and Warsh testimony are the week's key catalysts and could reset this read
02:03 UTC
Corrective downtrend · RSI 42 · price 4,073.86
Lower highs, weekend gap down.
Gold gapped lower into the new week and is pinned near 4073, trading below both the EMA20 and EMA50 as the corrective downtrend from Monday's 4180 highs holds. The relief bounce that tagged 4132 has faded, with price now ceding the 4094 day high and RSI cycling in the low 40s. Oil-driven Fed-hike repricing keeps rallies capped below the descending trendline.
Support: 4,061.15
Resistance: 4,094.33, 4,120.08, 4,132.00
What it said to watch
US CPI Tue 12:30 UTC then Warsh testimony 14:00 UTC are decisive catalysts
Break below 4061 session low exposes the 4021 weekly low
Reclaim of 4094 day high and 4120 prior high needed to challenge the rally cap
Gold remains in a corrective downtrend after the relief bounce off the $4,021 weekly low stalled below the $4,100 pivot and rolled over into a series of lower highs. Price has slipped back under EMA20 and EMA50 with RSI(14) cycling in the low-40s, and this week's rejections around $4,120-$4,138 have capped every attempt higher. The metal reopened lower after the weekend gap, ceding ground toward the $4,052 swing low.
Support: 4,052.00
Resistance: 4,100.00
What it said to watch
H1 close back above the 4100 pivot needed to revive the relief bounce
Loss of the 4052 swing low opens the path to the 4021 weekly low
US CPI Tue 12:30 UTC then Warsh testimony could materially shift this read
Gold spent the week grinding lower, sliding off the 4180 high into a 4021 weekly low before a corrective bounce stalled below the 4138 lower high. The new week opened with a gap lower through the 4090 area and price has since leaked to 4068, holding below both EMA(20) and EMA(50) with RSI(14) sub-40. The move fits the oil-driven inflation / Fed-hike narrative capping bullion around the 4100 pivot.
Support: 4,061.00, 4,021.00, 4,000.00
Resistance: 4,090.00, 4,138.00
What it said to watch
H1 close below 4061 opens the 4021/4000 weekly-low zone
Reclaim of the 4090 gap area needed to ease downside pressure
US CPI Tue 12:30 UTC and Warsh 14:00 UTC could materially shift this read
Gold gapped lower into this week's open and has slid back toward the mid-4060s, keeping the corrective tone intact below EMA20/EMA50. The $4,100 pivot capped the late-week recovery and price rolled over from the descending lower-high line off the 4180 peak, with rallies staying shallow as oil-driven Fed-hike bets weigh. Price now sits between the 4043 swing low and the 4100 pivot.
Support: 4,043.00, 4,021.00
Resistance: 4,100.00, 4,180.00
What it said to watch
US CPI Tue 12:30 UTC is the week's key catalyst and could reset this read
Loss of 4043 opens the 4021 weekly-low zone
Reclaim of the 4100 pivot needed to ease the corrective structure
00:03 UTC
Corrective, rolling over after bounce · RSI 43 · price 4,082.64
Lower highs below 4100 pivot, gap down.
Gold spent the week pinned in a corrective band, having bounced off the 4021 weekly low back toward 4138 before rolling over into lower highs. A weekend gap down through the 4100 pivot has price trading at 4082, back below EMA20 and EMA50 with RSI in the low 40s. The 4100 pivot has now flipped to overhead resistance as the corrective bias persists.
Support: 4,056.00, 4,021.00
Resistance: 4,100.00, 4,138.00
What it said to watch
Reclaim of the 4100 pivot would neutralise the gap-down read
Failure to hold 4056 swing low opens the path to the 4021 weekly low
US CPI Tue 12:30 UTC is the week's swing event and could materially shift this read
Gold opened the week with a gap down from Friday's 4120 close, printing 4089.91 and sliding to test the 4070 area before stabilising at 4082. Price sits below both EMA(20) and EMA(50), extending the corrective structure that has capped rallies under the 4100 pivot all week since the drop off the 4180 swing high. The March-high trendline resistance and the 4100 pivot remain the ceiling; weekly-low support at 4021.78 is the downside reference.
Support: 4,070.00, 4,021.78
Resistance: 4,100.00
What it said to watch
US CPI Tue 12:30 UTC + Warsh testimony 14:00 UTC — the week's swing risk for this read
H1 close back above the 4100 pivot needed to challenge the descending lower-highs line
Failure to hold 4070 opens the path toward the 4021.78 weekly low