Gold has trended lower since Wednesday's peak near 4080, breaking the $4,000 psychological barrier through yesterday's NY session as an Iraqi oil-terminal attack kept energy-driven inflation-hike fears alive. Price printed a session low at 3969 and is now stalling just below 4000, capped by both the EMA20 and EMA50 overhead. RSI(14) sits near oversold as the down-leg loses pace into the Asia session.
Support: 3,969.35
Resistance: 4,000.00
What it said to watch
H1 close back above 4000 psych negates the breakdown
Failure to hold 3969 swing low opens 3940/60 support
UoM sentiment & inflation expectations Fri 14:00 UTC could shift this read
Gold rolled over from Wednesday's $4,081 high and sold off through the NY session, breaking the $4,000 psychological barrier as an Iraqi oil-terminal attack revived inflation-hike fears and overshadowed soft US Retail Sales ex-Autos. Price now grinds along the $3,969 swing low, capped well below EMA(20) with RSI(14) pressed into oversold. Each rebound this week stalled beneath $4,110, and the latest leg has kept sellers in control sub-$4,000.
Support: 3,969.35
Resistance: 4,000.00
What it said to watch
H1 close below 3969 confirms a fresh lower-low toward the 3940/60 zone
Reclaim of the 4000 psych barrier would ease the downside pressure
UoM Michigan sentiment & inflation expectations Fri 14:00 UTC could shift this read
Gold rolled over through the NY session, breaking the 4000 psych barrier and printing successive lower highs off the 4043 level. The slide accelerated after the Iraqi oil-terminal headlines revived energy-driven inflation fears, with price now pinned near the 3969 swing low and RSI(14) tracking the low-30s. Rebounds have stalled at the 4030 congestion band all week.
Support: 3,969.35, 3,945.00
Resistance: 4,000.00, 4,030.00, 4,043.41
What it said to watch
Sustained H1 close below 4000 opens the 3945 support zone
Recovery back above 4030 congestion would neutralise the breakdown
UoM sentiment & inflation expectations Fri 14:00 UTC could materially shift this read
Gold opened the week near 4104 and slid to 3983 before a soft CPI/PPI-driven bounce stalled at 4081-4103, printing successive lower highs. Price has since rolled over and broken the 4000 psych barrier as an Iraqi oil-terminal attack revived energy-led inflation fears, extending to a 3969 session low with RSI(14) pressed near 34. Price sits below both EMA(20) and EMA(50), which have capped every rebound this week.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00, 4,081.30
What it said to watch
Sustained H1 close below 4000 keeps 3940 support zone exposed
Reclaim of 4000 psych would ease the downside pressure
UoM Michigan sentiment / inflation expectations Fri 14:00 UTC could materially shift this read
Fed's Jefferson speech 23:00 UTC tonight
21:05 UTC
Downtrend, fresh lows · RSI 33 · price 3,976.39
Lower highs, lower lows; sub-4000 break.
Gold rolled over through the NY session, losing the $4,000 psychological barrier and printing fresh window lows near 3969 as Iran oil-driven inflation fears kept the metal heavy. Price has traded below EMA20/EMA50 since the rejection at 4038, with RSI(14) pressed into the low 30s. The 4020-4080 range that held earlier this week has given way, and $4,000 now caps from above.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00, 4,038.00
What it said to watch
H1 close back above 4000 would ease the breakdown read
Sustained break of 3969 opens the 3940 support zone
UoM sentiment & inflation expectations Fri 14:00 UTC could shift this read
Gold has rolled over through the week, printing lower highs since the Wednesday spike to 4103 and losing the 4000 psychological barrier into the NY session, now trading at 3976 with RSI(14) pinned in the mid-30s. The move follows energy-driven inflation fears from the Iran/oil headlines keeping the metal heavy despite softer US data; rebounds toward 4007 were rejected before this leg lower. Price sits well below both EMA(20) and EMA(50), with the sub-4000 close confirming the near-term breakdown.
Support: 3,950.00
Resistance: 4,000.00
What it said to watch
Sustained hold below 4000 psych opens the 3950 support zone
Reclaim of 4000 and a close back above 4007 prior high would neutralise the breakdown
UoM Michigan sentiment/inflation expectations Fri 14:00 UTC could materially shift this read
Gold rolled over through the NY session, slicing the $4,000 psychological barrier as Iran-driven oil revived inflation and Fed-hike fears despite this week's soft CPI/PPI relief bounce. Price sits below both EMA(20) and EMA(50) with RSI(14) pressed near 33, and each rebound this week has been capped under the $4,043–4,081 supply band. The move printed a fresh swing low at 3969 before stabilising around 3978.
Support: 3,969.35
What it said to watch
Sustained break below 3969 opens the 3940/60 support zone
Reclaim of $4,000 would neutralise the breakdown read
UoM inflation expectations Fri 14:00 UTC is the nearest catalyst
Gold has rolled over through the NY session, slicing below the $4,000 psychological barrier to a fresh low near 3969 as Iran-oil inflation and revived hike fears overrode the earlier soft-PPI relief bounce. Price is trading under both EMA(20) and EMA(50) with each rebound capped at successive lower highs (4081, then 4042). RSI(14) near 35 reflects the pressure without yet reaching an extreme, and the $4,000 level that once held as support is now acting as a ceiling.
Support: 3,969.35
Resistance: 4,000.00, 4,042.46, 4,081.30
What it said to watch
Sustained trade back above 4000 psych would neutralise the break-lower read
Failure to hold 3969 swing low opens the 3940/60 support zone
UoM inflation expectations Fri 14:00 UTC is the nearest catalyst and could shift this read
Gold rolled over through the NY session, slicing under the 4000 psychological pivot after supply capped every push toward the 4042-4060 band since Monday's spike high at 4103. The decline off 4103 has printed a clean series of lower highs, and price now trades below both EMA20 and EMA50 with RSI(14) pressed into the low-30s. The two-soft-inflation prints fuelled the earlier rebound, but oil-driven inflation fears and a firmer USD have reasserted the downside skew.
Support: 3,945.00
Resistance: 4,000.00, 4,042.00, 4,060.00
What it said to watch
Sustained close below 3973 opens the 3945 support zone
Reclaim of 4000 needed to ease the lower-high sequence
UoM inflation expectations (Fri 14:00 UTC) could materially shift this read
Gold rolled over through the NY session, losing the $4,000 psych pivot as US-Iran oil escalation revived inflation fears and propped the USD, offsetting this week's soft PPI. Price prints below EMA20 and EMA50 with lower highs since the 4103 spike, and the bounce off 3973 has already faded back to the two-week-low zone. RSI(14) sits in the mid-30s, tracking the decline without a clear divergence yet.
Support: 3,973.00, 3,940.00
Resistance: 4,000.00, 4,038.00
What it said to watch
H1 close below 3973 confirms a lower-low and opens 3940
Reclaim of 4000 needed to ease the breakdown read toward 4038
Fed's Jefferson 23:00 UTC could materially shift this read
Gold has rolled over from Tuesday's rebound peak near 4103, printing a sequence of lower highs into the NY session before slicing through the 4000 psychological pivot on the latest leg down. The sharp break was tied to oil-driven inflation fears and safe-haven USD offsetting the week's soft CPI/PPI impulse; price now sits below both EMA20 and EMA50 with RSI(14) around 36. The 3973 swing low is being probed after the drop.
Support: 3,940.00
Resistance: 4,000.00
What it said to watch
Sustained H1 close below 3973 opens the path toward 3940 support
Reclaim of 4000 would neutralise the breakout and keep the range in play
Fri 14:00 UTC UoM inflation expectations could materially shift this read
Gold rolled over through the NY session, breaking the $4,000 psychological pivot after failing repeatedly at 4042 and the 4081 week high. The slide followed the soft US PPI print that pressured the USD, though oil-driven inflation fears kept bullion capped and dragged it toward the $3,983 two-week low. Price trades below EMA20 and EMA50 with RSI near 38, tagging the lower band of the week's range.
Support: 3,940.00
Resistance: 4,000.00, 4,042.46, 4,081.30
What it said to watch
H1 close below 3973 confirms a fresh lower-low and opens 3940
Reclaim of 4000 psych needed to neutralise the downside break
UoM inflation expectations Fri 14:00 UTC could materially shift this read
Gold has ground out lower highs since the 4081 print midweek and broke back under the 4000 pivot into the NY session, sliding to a 3973 low as the Basra/Iran oil spike revived safe-haven USD despite soft PPI. Price sits below both EMA20 and EMA50 with RSI in the low 40s, and 4000 has flipped to resistance on the retest. The 3940/60 support zone is the next reference below the week's low.
Resistance: 4,000.00, 4,043.00, 4,081.30
What it said to watch
Sustained H1 close below 4000 keeps pressure toward the 3940/60 support
Reclaim of 4000 with a close back above the 4043 lower high would ease the downside read
Fed speakers today (Schmid, Jefferson) could shift this read on hawkish pushback
UoM inflation expectations Fri 14:00 UTC is a near-term risk event
Gold has trended lower since Wednesday's 4103 spike, printing a sequence of lower highs and staying pinned below EMA(20) and EMA(50). The NY session saw a sharp break under the $4,000 psych pivot to a fresh week low near 3973 on the Iran/oil-driven safe-haven USD bid, before price recovered to reclaim $4,000 into the close. RSI(14) sits soft near 42 with the reclaim keeping the level in play.
Resistance: 4,043.00, 4,103.00
What it said to watch
Sustained H1 close below $4,000 opens the $3,940/60 support zone
Reclaim and hold above the 4043 lower-high line would negate the downtrend read
Fed speakers (Logan, Schmid, Jefferson) today could materially shift this read
Fri UoM sentiment/inflation expectations is the near-term swing catalyst
Gold broke down through the $4,030 pivot during the NY session, sliding to $3,973 as an Iraq oil-supply scare revived energy-inflation fears and a safe-haven USD bid despite this week's soft CPI/PPI. Price sits below both EMA(20) and EMA(50) with RSI(14) in the mid-30s after the impulsive drop from the $4,038 lower high. The $4,000 barrier has flipped to a ceiling on the current bounce.
What it said to watch
Sustained H1 close back above $4,038 would reclaim the broken pivot and challenge the lower-high sequence
Break below $3,973 session low opens the $3,940 psych support
Fed speakers (Logan, Schmid, Jefferson) today could shift this read on any hawkish pushback
15:03 UTC
Rolling over, pressing $4,000 · RSI 38 · price 3,997.83
Lower highs into psych pivot.
Gold has been pinned to $4,000 all week as soft CPI/PPI capped the USD but Iran-driven oil fears revived a safe-haven bid; the $4,100 area rejected two attempts before price rolled over. The NY session drop from 4043 to the 3973 low broke back under the $4,000 pivot, and price now sits below both EMA(20) and EMA(50) with RSI(14) around 37.
Support: 4,000.00, 3,945.00
Resistance: 4,030.00, 4,043.41
What it said to watch
Sustained H1 close below 4000 opens the 3945/60 support zone
Reclaim of the 4030 EMA20 would neutralise the lower-high sequence
Fed speakers (Logan/Schmid/Jefferson) today and Fri UoM inflation expectations could shift this read
Gold rolled over through the NY session, breaking the $4,000 pivot after a rejection near 4043 and printing a fresh swing low at 3973.73 as the Basra/Iran oil spike revived energy-inflation fears and a safe-haven USD bid. Price has held a 4030-4043 range cap all week before this leg lower; it now sits back below EMA20/EMA50 with RSI(14) pressing into the high-30s. The $4,000 handle is now acting as overhead — the level that capped the last bounce attempt.
Support: 3,973.73
Resistance: 4,000.00, 4,043.00
What it said to watch
Sustained H1 close back above 4000 psych negates the downside break
Failure to hold 3973.73 swing low opens further downside toward the $3,940/60 area
Fed speakers (Logan/Schmid/Jefferson) today could materially shift this read
UoM sentiment + inflation expectations Fri 14:00 UTC a near-term risk
14:03 UTC
Downtrend resuming after range · RSI 36 · price 3,994.76
Range broken to the downside, back below 4000.
Gold spent two days ranging 4020-4062 before a sharp NY-session slide back through the $4,000 pivot, printing a fresh session low at 3973.73 and closing at 3994. The move mirrors the week's tug-of-war — soft CPI/PPI relief bounce off Tuesday's 3986 low capped repeatedly near 4062, now unwound as Iran-driven oil and safe-haven USD reassert. Price sits below EMA20 and EMA50 with RSI(14) rolling toward the mid-30s.
Support: 3,973.70
Resistance: 4,000.00, 4,043.00, 4,062.00
What it said to watch
Sustained H1 hold below 4000 keeps 3986 swing low and the 3940/60 zone exposed
Reclaim of 4043 puts the 4062 range top back in play
Fed speakers (Logan, Schmid) today could shift the read
Friday UoM inflation expectations is the standout risk given the oil-inflation focus
Gold has repeatedly failed at the $4,043-4,081 supply zone this week and slid through the $4,000 psychological pivot in the NY session, printing a fresh session low at 3973.73. The soft CPI/PPI misses that sparked Tuesday's bounce have been offset by the Iran-driven oil bid reviving inflation fears, leaving price pinned below EMA20 and EMA50 with RSI(14) rolling into the high 30s. The move keeps XAU at the lower end of its weekly range.
Support: 3,973.73
Resistance: 4,000.00, 4,043.00
What it said to watch
H1 close back above 4000 negates the breakdown and reopens 4043
Failure to hold 3973 exposes 3940/60 support
Fed speakers (Logan, Schmid, Jefferson) today could shift USD tone
Friday UoM inflation expectations is the standout near-term risk
13:04 UTC
Range breaking lower · RSI 38 · price 3,991.53
Range breakdown below 4000.
Gold slid through the NY session, breaking the multi-day 4020-4060 range and pressing the $4,000 barrier from below toward the two-week low at 3983. Soft US CPI/PPI unwound Fed-hike bets earlier in the week but the 4060 range top and 4043 day high capped every bounce as oil-driven inflation angst offset the disinflation read. Price now sits below EMA(20)/EMA(50) with RSI(14) into the high 30s after the late leg down.
Support: 3,983.00, 3,960.00
Resistance: 4,000.00, 4,043.00, 4,060.00
What it said to watch
Reclaim of 4000 psych barrier negates the range break
Close below 3983 two-week low confirms a lower low into the 3960 support zone
Fed speakers Logan/Schmid/Jefferson today could shift the read
Friday UoM inflation expectations a downside risk near 4000
13:04 UTC
Downside break after multi-day range · RSI 35 · price 3,991.53
Range broken to the downside, testing $4,000.
Gold spent the prior day boxed between roughly $4,020 and $4,062 before the NY session broke it lower, with the last two bars slicing to $3,991 and closing back below the $4,000 barrier. The mid-week CPI/PPI-driven bounce toward $4,100 has fully unwound as the Iran oil-inflation angst caps the disinflation tailwind. RSI(14) has rolled toward 34 on the drop, and price now sits well under EMA20/EMA50 near $4,038.
What it said to watch
Acceptance below $4,000 opens the path to the $3,983 two-week low
Failure to hold $3,983 confirms a lower-low toward the $3,960 support zone
Reclaim of $4,000 puts the broken range back in play
Fed speakers (Logan 16:30, Schmid 17:25 UTC) could shift the read
12:03 UTC
Range after midweek recovery, momentum flat · RSI 46 · price 4,038.00
Consolidation above $4,000 pivot, capped near 4060.
Gold sold off from Monday's ~4097 open to the 3983 two-week low midweek, then spiked back above 4060 on the soft US PPI print (-0.3% MoM) that trimmed Fed hike bets. Since that impulse price has drifted into a 4020–4060 range above the $4,000 pivot, with RSI(14) hovering mid-40s and price pinned around EMA20/EMA50. Lower highs off the 4103 spike show the recovery stalling into US Retail Sales.
Support: 4,020.00, 4,000.00, 3,983.00
Resistance: 4,060.00, 4,085.00, 4,100.00
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
H1 close above 4060 opens the path to 4085/4100
Failure to hold 4020/4000 exposes the 3983 two-week low
12:03 UTC
Ranging after rebound · RSI 47 · price 4,038.00
Boxed 4020-4075 above 4000 pivot.
Gold rebounded ~3% off the 3983 two-week low after soft CPI/PPI trimmed Fed hike bets, spiking to 4103 before fading. Since then price has been boxed between the 4020 range low and the 4075 range high, holding above the 4000 pivot with RSI(14) cycling around the midline. Price is pinned to the 50-61.8% retracement of the rebound impulse near EMA(50).
Support: 4,020.00, 4,000.00, 3,983.00
Resistance: 4,075.00, 4,103.00
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
H1 close below 4000 opens the path back to the 3983 two-week low
Break above 4075 range high exposes 4103 resistance
Recovery off weekly low fading into a lower-high sequence.
Gold spiked from the sub-4000 weekly low to 4103 on the soft June PPI print that hammered the dollar, but the rebound has since faded, drifting back into a 4030-4080 band with a sequence of lower highs into today's Asia and London hours. Price now sits below both EMA(20) and EMA(50) at the 61.8% retracement of the rebound near 4031, with RSI(14) cycling sub-50. The 4000 psychological pivot below and the 4110 cap above frame the week's balance.
Support: 4,000.00
Resistance: 4,081.30, 4,110.00
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Sustained H1 close below 4000 psych opens the 3986 weekly low and 3940/60 zone
Reclaim of 4081 lower high would break the fading-rebound structure
11:03 UTC
Range-bound, drifting off mid-week high · RSI 43 · price 4,028.56
Range above 4000, lower highs since spike.
Gold snapped off the 3986.59 week low on a sharp spike to 4103 as June PPI missed (-0.3% MoM) and pressured the dollar, but the rebound has since faded into a lower-highs drift and price now sits back below both EMAs near 4028. The 4000-4074 band is defining this-week structure, with 4110 the OCBC-flagged cap on the CPI/PPI rebound. RSI(14) has cooled toward the low-40s as the retrace deepens.
Support: 4,000.00, 3,986.59
Resistance: 4,074.00, 4,110.00
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
Sustained break below 4000 psych opens 3940/60 support
H1 close above 4074 prior high reopens the 4110 week cap
10:03 UTC
Range after impulse spike, drifting lower · RSI 45 · price 4,031.78
Gold sold off from 4111 early in the week to a 3986 low, then spiked to 4103 on the soft June PPI miss before fading back. Price is now consolidating around 4030 — sitting on the 61.8% retrace of that impulse and below both EMA20 and EMA50, with 4062 having capped the last attempts higher. Downside stays cushioned near the 4020/4000 area as the range holds.
Support: 4,020.00, 4,000.00
Resistance: 4,062.00, 4,103.04
What it said to watch
US Retail Sales at 12:30 GMT is the day's key catalyst and could reset this read
Hourly close below 4020 opens 4000 psych and the 3986 week low
Reclaim of 4062 would negate the lower-high sequence off the 4103 spike
Consolidation above 4000, lower highs since spike.
Gold spiked to 4103 on the soft US PPI miss before fading, and price has since drifted back to 4031 under both EMAs with RSI(14) sitting in the low 40s. The 4060 area has capped every rebound this session while the 4000 psychological pivot underpins the range. Structure is a series of lower highs off the spike, now testing the 61.8% retrace of the 3986-4103 impulse.
Support: 4,023.00, 4,000.00
Resistance: 4,060.00, 4,081.30, 4,103.04
What it said to watch
US Retail Sales at 12:30 GMT is the session's key catalyst and could break this range
H1 close below 4023 confirms a lower low and opens the 4000 psych level
Reclaim of 4060 reopens the path to 4081 swing high
Gold opened near 4117 Monday and sold off to a 3983 two-week low midweek before soft US PPI (-0.3% MoM) knocked the USD and drove a sharp recovery spike to 4103. That rebound has since faded, leaving price consolidating 4023-4062 and trading back below the H1 EMA20 with RSI stalled in the mid-40s. The 4062 session high has capped attempts while dips into the 4023-4030 area have held.
Support: 4,023.00, 4,000.00, 3,983.00
Resistance: 4,062.00, 4,081.00, 4,110.00
What it said to watch
US Retail Sales at 12:30 GMT is the day's key catalyst and could materially shift this read
H1 close below 4023 opens the path to the 4000 psych level
Reclaim of 4062 needed to re-challenge 4081 and 4110
Range above 4000 after V-recovery, lower highs forming.
Gold spiked to 4103 on Wednesday's soft PPI miss but faded straight back, and price has since carved lower highs (4081, 4066, 4062) while holding a 4020-4080 range. It now sits below EMA20 near 4036 with RSI(14) around 44, mid-range after two-week low at 3986 was defended. The 4110 area continues to cap; buyers keep stepping in near 4020.
Support: 4,000.00, 3,986.00
Resistance: 4,062.00, 4,081.00, 4,110.00
What it said to watch
US Retail Sales at 12:30 GMT today is the key catalyst for this range
H1 close above 4081 negates the lower-highs sequence
Gold rebounded through the NY session on the soft June PPI print, spiking to 4103 before fading back under EMA20. Price is now consolidating around 4030 — the 61.8% retrace of that recovery leg — with the 4062 session high capping the last two bounces and the 4000 psychological line still defended below. RSI(14) has cooled into the mid-40s as the tape ranges 4020–4062.
Support: 4,020.00, 4,000.00, 3,986.00
Resistance: 4,062.00, 4,081.00, 4,103.00
What it said to watch
Reclaim of 4062 session high needed to reopen 4081/4103
Loss of 4020 range low exposes the 4000 psych line, then 3986 swing low
US Retail Sales at 12:30 GMT could materially shift this read
08:03 UTC
Range after selloff, momentum flat · RSI 44 · price 4,030.28
Consolidating above 4000 below broken MAs.
Gold is consolidating around 4030 after Monday's slide, pinned above the 4000 psych line that has been repeatedly defended. Wednesday's soft PPI drove a spike to 4103 but the rebound has since faded, with lower highs capping at 4081 and 4062; price sits below both EMA20 and EMA50 with RSI in the mid-40s. The 4030 handle aligns with the 61.8% retrace of the 3986–4103 rebound.
Support: 4,000.00, 3,986.00
Resistance: 4,062.00, 4,081.00, 4,103.00
What it said to watch
Sustained H1 close below 4000 psych opens the 3986 week low and 3940/60 zone
Reclaim of 4062 session cap and a close above 4081 recent high would break the lower-high sequence
US Retail Sales at 12:30 GMT could materially shift this read
07:03 UTC
Range with lower highs, drifting to base · RSI 42 · price 4,028.80
Range 4000–4103, intraday lower highs.
Gold spiked to 4103 on Wednesday's soft PPI print then faded through the NY session, carving a sequence of lower highs (4081, 4066) and slipping back to 4028. Price sits below EMA20 and EMA50 with RSI in the low 40s; the $4,000 psychological line has been defended repeatedly this week and remains the pivot beneath price.
Support: 4,000.00
Resistance: 4,062.00, 4,081.30, 4,103.04
What it said to watch
Sustained break below 4000 opens the 3940/60 support zone
Close above 4062 negates the intraday lower-high sequence
US Retail Sales 12:30 GMT could materially shift this read
Range above 4000 after Monday's crash; drifting to range floor.
Gold rebounded toward 4080 after Wednesday's soft PPI miss pared Fed hike bets, but the bounce faded and price now sits back at 4028, below both EMA(20) and EMA(50) with RSI(14) around 42. The 4060 area has capped the last two NY-session pushes while the 4000 psychological line remains the defended floor of this week's range. Oil/Hormuz headlines are offsetting the softer-USD tailwind, keeping the tape pinned.
Support: 4,024.00, 4,000.00
Resistance: 4,060.00, 4,081.00, 4,110.00
What it said to watch
Loss of 4024 exposes the 4000 psych line and 3940/60 zone below
H1 close above 4060 session cap reopens 4081 and the 4110 range top
US Retail Sales at 12:30 GMT today could materially shift this read
Gold has been trapped in an inside range around $4,000-4,080 since the CPI-day rebound off $3,986, with soft PPI yesterday failing to spark a decisive break as Iran-driven oil risk offsets the softer USD. The last day has printed a lower-high sequence from 4103 down to 4081, dragging price back under EMA(20)/EMA(50) toward 4030 with RSI(14) softening into the low 40s. The $4,000 psychological pivot remains the base of the week's range.
Support: 4,000.00
Resistance: 4,081.30, 4,103.04
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Sustained close below 4000 opens the path toward 3940/60 then the 3900 week low
Reclaim above 4081 negates the lower-high sequence
Gold plunged below 4000 to a 3986 week low early in the window, then staged a sharp CPI-day rebound and a spike to 4103 before settling into an inside range roughly 4030-4080. Soft PPI kept the USD offered but failed to spark a decisive break, and price has since drifted back to the range floor near 4030, holding below EMA20 with RSI cycling in the low-to-mid 40s. Rejections capped attempts near 4081 while the 4024/4000 base has so far absorbed the downside.
Support: 4,024.00, 4,000.00, 3,986.00
Resistance: 4,062.00, 4,081.00, 4,103.00
What it said to watch
US Retail Sales at 12:30 GMT (HIGH) could materially shift this range read
Sustained close below 4000 opens 3940/60 then the 3986 week low
Reclaim of 4062 needed to re-expose 4081 and the 4103 spike high
Gold is consolidating in a 4024–4062 band after Tuesday's sharp spike to 4103 on the soft CPI print faded. Price now sits below EMA20 and EMA50 with RSI(14) mid-40s, and the descending highs since that spike (4103, 4081) mark supply into the NY session. The $4,000 psychological pivot remains the line beneath the current range.
Support: 4,024.00, 4,000.00
Resistance: 4,062.00, 4,081.30, 4,103.04
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
Sustained H1 close below 4000 opens the 3940/60 zone then 3983 week low
Reclaim of 4062 would challenge the 4081 lower-high sequence
05:04 UTC
Recovery stalling, chop near 4000 · RSI 44 · price 4,033.62
Range after bounce off week low, below EMA20/50.
Gold plunged to a week low near 3983 early in the window then recovered to a 4103 swing high after the soft June PPI print knocked USD and yields lower. Since then price has chopped in a two-way range, capped at the 4062 session cap and 4081 prior high while trading back below EMA20 and EMA50 toward the 4000 psych pivot. RSI(14) sits mid-40s, reflecting the loss of upside momentum after the recovery.
Support: 4,000.00, 3,983.00
Resistance: 4,062.00, 4,081.00, 4,103.00
What it said to watch
US Retail Sales at 12:30 GMT today could materially shift this read
Sustained break below 4000 psych opens 3940/60 then the 3983 week low area
Reclaim of the 4062 session cap and 4081 prior high needed to revive the recovery
Gold sold off from Monday's ~$4,126 open to a $3,986 low, then rebounded on soft CPI and yesterday's soft PPI print toward $4,103 before settling into a range. Price now sits mid-range near $4,035, back below EMA20 with RSI in the low 40s; the $4,081 session high capped the latest push. Two-way tape above the $4,000 pivot.
Support: 4,020.00, 4,000.00
Resistance: 4,081.30, 4,103.04, 4,110.00
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
H1 close below 4020 range low opens 4000 psych then 3986 week low
H1 close above 4081 session high reopens 4103 week high / 4110
Gold sold off ~2.6% from Monday's open to a 3986 low, then rebounded toward 4103 as soft CPI and PPI pared hawkish-Fed bets and pressured the dollar. Since that spike price has traded a 4024–4081 band, and is now drifting back toward the lower edge below both EMAs with RSI(14) sagging into the low 40s. The 4081 lower high against the 4103 rebound peak leaves the recovery losing traction inside the range.
Support: 4,024.00, 4,000.00
Resistance: 4,062.00, 4,081.30, 4,103.04
What it said to watch
H1 close below 4024 opens the 4000 psych pivot then the 3986 week low
Reclaim of 4062 needed to re-challenge the 4081 lower high
US Retail Sales at 12:30 GMT could materially shift this read
03:04 UTC
Midweek recovery fading · RSI 43 · price 4,031.59
Lower highs off 4103, 4024-4062 range.
Gold sank below $4,000 into Monday to a $3,986 low, then a sharp recovery spiked to $4,103 mid-week as soft June CPI/PPI knocked the USD and yields lower. Price has since faded to $4,031, retracing roughly 62% of that recovery and slipping under EMA(20), with a sequence of lower highs from $4,103 into $4,081. The 4024-4062 range is capping the tape as the market boxes above the $4,000 pivot.
Support: 4,024.00, 4,000.00, 3,983.00
Resistance: 4,062.00
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
H1 close below 4024 opens 4000 psych then the 3983 2wk low
Reclaim of 4062 swing high negates the lower-high sequence
Gold rebuilt from the $3,983 two-week low to a $4,103 spike after soft CPI/PPI knocked the dollar, but the tape has since rolled over into a series of lower highs and now trades back in the lower half of the $4,000-$4,100 range. Price sits below EMA(20) with RSI(14) hovering in the low 40s; supply capped attempts at 4081 and 4062 through the last two sessions. Oil and Iran-Hormuz headlines are keeping the read two-way and technically heavy just above the $4,000 pivot.
Support: 4,000.00, 3,983.00
Resistance: 4,062.00, 4,081.00, 4,103.00
What it said to watch
US Retail Sales 12:30 GMT today could materially shift this read
Hourly close back above 4062 reopens the path to 4081/4103
Gold snapped ~3% lower early week to bottom near the 3983 weekly low, then rebounded toward 4100 as soft US CPI and a downside PPI miss trimmed hike bets and offered the dollar. Price has since drifted back to 4039, holding above the 4000 psych level and sitting on the fib 61.8 of the rebound around 4030; the 4062 prior high and the 4100 resistance zone capped the latest push. RSI(14) has cooled toward the mid-40s with price back under EMA20/50, leaving the tape direction-less inside this week's range.
Support: 4,030.00, 4,000.00, 3,983.00
Resistance: 4,062.00, 4,100.00
What it said to watch
H1 close below 4000 psych reopens the 3983 weekly low
Reclaim of 4062 prior high needed to re-target the 4100 resistance
US Retail Sales at 12:30 GMT could materially shift this read
02:03 UTC
Range, momentum flat · RSI 45 · price 4,039.56
Range above 4000, capped near 4100.
Gold has been pinned in a range above the 4000 psych pivot since the CPI-driven bounce Tuesday, with the 4100 resistance zone rejecting the mid-week spike to 4103. Price has since faded back under EMA20 and EMA50, drifting to 4039 with RSI cycling in the mid-40s — the soft PPI miss kept the USD offered but oil and Iran headlines have capped upside. The read is direction-less inside a 4000–4062 band.
Support: 4,020.00, 4,000.00
Resistance: 4,062.00, 4,100.00
What it said to watch
US Retail Sales at 12:30 GMT could break the range in either direction
H1 close below 4020 swing low opens the path back to the 4000 psych and 3983 weekly low
Reclaim of 4062 session high shifts focus back to the 4100 resistance
01:04 UTC
Range after mid-week recovery, momentum flat · RSI 44 · price 4,048.21
Ranging above 4000 psych, capped near week high.
Gold rebounded off the 3983 week low on soft CPI and a downside PPI miss that pressured the dollar, spiking to a 4103 week high before supply capped the move. Price has since drifted into a range, sitting on EMA20 with RSI(14) flat near 44 and the 4000 psych holding as the pivot. Rejection at the 4100 area has left lower highs into the Asia session.
Support: 4,020.00, 4,000.00, 3,983.00
Resistance: 4,081.30, 4,103.04
What it said to watch
H1 close above 4081 session high reopens the 4103 week high
Loss of 4020 range low exposes the 4000 psych then 3983 week low
US Retail Sales 12:30 GMT could materially shift this read
01:04 UTC
Range after recovery, momentum flat · RSI 51 · price 4,048.21
Consolidation above 4000 following bounce off week low.
Gold has consolidated in the 4033–4081 band since the recovery off the 3986 week low, with the spike toward 4103 rejected and price now oscillating around EMA(20) near 4048. Soft CPI and a downside PPI miss knocked the dollar and fuelled the mid-week bounce, but elevated oil and Iran headlines have capped follow-through, leaving RSI(14) idling near 50. The 4081 day high has been the near-term ceiling while 4033 marks the base of the range.
Support: 4,033.00, 4,000.00, 3,986.00
Resistance: 4,081.00, 4,103.00
What it said to watch
H1 close above 4081 opens the path back toward the 4103 week high
Loss of 4033 exposes the 4000 psych level and 3986 week low
US Retail Sales (12:30 UTC) could materially shift this range read
Gold rebounded ~2% off the 3983 weekly low after soft CPI/PPI trimmed Fed-hike bets, spiking to 4103 before fading and now consolidating just above 4050. The 4081 day high and 4100 zone have capped attempts, while higher lows off the weekly low keep price above EMA20/50. RSI(14) is cycling around the midline, reflecting the direction-less range.
Support: 4,000.00, 3,983.00
Resistance: 4,081.00, 4,103.00
What it said to watch
H1 close above 4081 opens the path toward the 4100/4110 zone
Failure to hold 4000 psych exposes the 3983 weekly low
US Retail Sales Thu 12:30 UTC could materially shift this read
Gold sold off to the 3,986 weekly-low area early in the week before a soft CPI/PPI-driven dollar pullback fuelled a ~2% recovery, capped by a sharp spike toward 4,103. Two attempts into the 4,081/4,100 resistance zone since have been rejected, and price is now coiling just above the 4,000 psychological pivot with RSI(14) back at neutral. Higher-lows off 3,986 keep the near-term base intact while 4,033 holds.
What it said to watch
H1 close above 4,081 then 4,100 would extend the recovery toward 4,123
Failure to hold 4,033 puts the 4,000 psych level and 3,986 low back in play
US Retail Sales Thu 12:30 GMT could materially shift this read