Consolidation around $4,000 pivot, lower highs intact.
Gold is coiling on the $4,000 pivot after this week's open near 3998 pushed into the 4040 week high in London hours before fading back. Price is sitting below EMA20 with RSI stuck in the mid-40s, and the descending trendline off the 4081 spike still frames a series of lower highs. Last week's 8-month low near 3969 is the pivot on the downside, keeping the range compressed.
Support: 3,969.35, 3,941.00
What it said to watch
H1 close below 3969 swing low opens the path toward the 3941 ytd low
H1 close above the 4040 week high breaks the descending trendline
S&P Global PMIs Fri 13:45 UTC could break the $4,000 coil either way
Coiling into the $4,000 pivot, lower highs intact.
Gold has slid steadily since Monday's session open near 4055, printing an 8-month low around 3960 before a recovery bounce stalled at the 4023 swing high. Price now sits pinned at the $4,000 psych pivot, below EMA20 with RSI in the mid-40s, as a descending trendline off the 4081 week high keeps capping rallies. The week's story is energy-led inflation reviving Fed-hike bets against an intermittent Iran safe-haven bid — leaving the tape coiled around 4000.
Support: 4,000.00, 3,965.00, 3,959.70
Resistance: 4,023.00, 4,081.00
What it said to watch
H1 close below 3965 support opens the 3959.7 weekly low and 3941 YTD low
Reclaim of the 4023 swing high and the descending trendline would negate the compression lower
S&P Global PMIs Fri 13:45 UTC is the week's key catalyst for this pivot
Gold is coiling around the $4000 pivot after Friday's slide to 3964 and a recovery back into the 4020s; a weekend gap lower to 3994 has since been filled as price grinds to 4007. Lower highs off the 4074-4081 zone against rising lows from 3964 form a tightening pennant beneath the descending trendline, consistent with the market's stated triangle read pinned by Iran safe-haven bid versus Fed hike fears. RSI(14) sits mid-range near 47 with price hugging EMA20 from below and EMA50 just underneath.
Support: 4,000.00, 3,994.00, 3,965.00
Resistance: 4,028.00, 4,040.00, 4,074.00
What it said to watch
Close below 3994 then 4000 psych opens 3965 swing low and the 3941 YTD low
Close above 4028 session high breaks the coil toward 4040 prior high
S&P Global PMIs Fri 13:45 UTC could resolve this compression
Gold gapped lower into the weekend and reopened near 3998, rallying to a 4040 week high before fading back to the 4000 psych pivot; the digest ties the compression to an Iran safe-haven premium offsetting energy-driven Fed-hike bets. Price is coiling just under EMA20 with RSI(14) flat near 49 after the mid-week slide to a 3959 week low. Two attempts to hold above 4020 have stalled.
Support: 4,000.00
What it said to watch
H1 close below 4000 psych re-exposes the 3959 week low
Reclaim of 4040 week high would break the lower-highs sequence
S&P Global PMIs Fri could break the compression either way
21:05 UTC
Range, coiling near $4,000 · RSI 47 · price 4,007.57
Consolidation into triangle apex.
Gold is pinned at the $4,000 apex after last week's slide from the 4080 area bottomed at the 3975 week low; price has since coiled between 3994 and the 4040 week high, with Monday's session gapping in and drifting sideways around the pivot. RSI(14) sits mid-range near 46 and price is hugging EMA(20), reflecting the tug-of-war between the Iran safe-haven premium and reviving Fed-hike bets flagged in the macro read. The 4021 swing high has capped the latest push while 4000 keeps absorbing dips.
Support: 4,000.00, 3,994.00, 3,975.00
Resistance: 4,021.00, 4,040.00
What it said to watch
H1 close below 3994 swing low then 3975 week low confirms downside continuation
H1 close above 4040 week high breaks the range top upward
S&P Global PMIs Fri could materially shift this read
Gold is coiling on the $4,000 pivot after recovering from this week's 3965 low, capped by the 4025 range top through the NY session. Price is pinned between EMA20 and EMA50 with RSI(14) flat near 48, reflecting the descending-triangle compression noted in the macro read as oil/Iran headlines fight a cooling-inflation backdrop. No decisive directional close yet — the 4000–4025 band still holds.
Support: 4,000.00, 3,990.00, 3,965.00
Resistance: 4,025.00
What it said to watch
H1 close below 4000 then 3990 reopens the path to 3965 and the 3941 YTD low
H1 close above 4025 range top challenges the lower-highs trendline
S&P Global PMIs Fri could materially shift this read
Gold sold off through the first half of the window into a 3966 swing low before buyers stepped in and lifted it back toward 4040, in line with the soft CPI/PPI backdrop. Since the new-week open it has coiled in a tight 4000-4025 band, with the $4,000 psych level acting as a pivot and lower highs capping into 4040. Price is hovering just under EMA20 while holding above EMA50 — a balanced, range-bound read.
Support: 4,000.00, 3,966.00
What it said to watch
H1 close below 3966 swing low opens the 3941 YTD low zone
Reclaim and hold above 4040 week high breaks the lower-highs sequence
S&P Global flash PMIs Fri 13:45 UTC could materially shift this read
Consolidation coiling below 4000-4028 after mid-week decline.
Gold has coiled into the low 4000s after mid-week selling dragged it to a 3959.70 swing low; the recovery into the NY session stalled below the 4028 prior high, leaving a run of lower highs. Price sits just under EMA(20) with RSI(14) mid-range near 47, reflecting the sideways read the macro digest describes as a descending triangle pinned at the 4000 psych level. Upside has been repeatedly capped near 4028-4040.
Support: 4,000.00, 3,965.00, 3,959.70
What it said to watch
H1 close below 3965 triangle support opens the 3959.70 swing low and 3941 YTD zone
H1 close above 4028 prior high then 4040 day high breaks the lower-high sequence
S&P Global flash PMIs Fri 13:45 UTC are the week's key catalyst and could shift this read
Gold recovered off the Monday swing low near 3959 and has been coiling 3994–4025 through this NY session, pinned just below the 4000 psychological level. Price sits on EMA(20) with RSI(14) hovering near 50, reflecting the descending-triangle compression flagged in the macro read as USD strength and energy-inflation fears cap rebounds. The 4040 week-high area has repeatedly capped upside while 3965 triangle support underpins.
Support: 4,000.00, 3,994.00, 3,965.00
Resistance: 4,025.00, 4,040.00, 4,081.00
What it said to watch
Hourly close above 4040 opens the 4081 prior high
Break below 3965 triangle support exposes 3941 YTD-low zone
S&P Global PMIs Fri 13:45 UTC could break the range
Gold has recovered from last week's 3966 swing low and is coiling around the $4,000 psychological level after the weekend gap. Lower highs from 4081 down through 4040 and 4030 have capped each attempt, while the round-number reclaim keeps price hugging EMA20. RSI(14) is mid-range near 47, reflecting the balance as the market pins into the descending resistance the digest flags as a triangle apex.
Support: 4,000.00, 3,980.00, 3,966.00
Resistance: 4,030.00, 4,040.00, 4,081.00
What it said to watch
H1 close above 4040 breaks the lower-highs sequence
Loss of 4000 psych re-exposes 3980 and the 3966 swing low
S&P Global PMIs Fri could break the coil either way
18:03 UTC
Recovery off lows, consolidating near 4000 · RSI 49 · price 4,008.15
Range-bound at the $4,000 pivot after basing near 3960.
Gold based around the 8-mo low near 3960 midweek and clawed back to the $4,000 psych pivot, printing a session high at 4041 before settling into a tight consolidation around 4008. Price sits just below EMA20 but holds above EMA50, with RSI(14) flat near 50 as the recovery loses momentum. The $4,000 area is the fulcrum of the digest's descending-triangle read; 4025 has capped the current-day range.
Support: 4,000.00, 3,965.00, 3,960.00
Resistance: 4,025.00, 4,041.00
What it said to watch
H1 close above 4041 session high opens the path back toward the 4085 area
Failure to hold 4000 psych and a close below 3965 support re-exposes the 3960 8-mo low and 3941 YTD low
S&P Global PMIs Fri Jul 24 13:45 UTC could materially shift this read via the USD
Descending highs into flat support, range compression.
Gold spent the week grinding lower off the 4085 week high into a low near 3960, then clawed back to coil at the 4000 psych mark — a descending-highs, flat-support structure. Price now sits just under EMA20 with RSI(14) hovering near 48, and the 4030 range top has capped the last two NY-session pushes. The recovery came as the USD stalled and oil eased on Iran de-escalation hopes, keeping XAU pinned at 4000.
Support: 4,000.00, 3,965.00, 3,941.00
Resistance: 4,030.00, 4,085.00
What it said to watch
H1 close below 4000 psych then 3965 week low opens path toward 3941 ytd low
Close above 4030 range top negates the lower-highs sequence
S&P Global PMIs Fri Jul 24 could materially shift this read
17:04 UTC
Sideways, coiling near 4000 · RSI 49 · price 4,011.06
Range at triangle apex after recovery off 3960.
Gold recovered off the 3960 low and has spent this week's sessions coiling into the 4000 psych pivot, the apex of the broader descending triangle. Rallies stalled around 4025-4040 while pullbacks held above 3990, leaving price two-way and pinned near EMA(20). The oil-driven revival of Fed hike bets keeps the wider tone heavy, but H1 remains rangebound into Friday's PMIs.
Support: 4,000.00, 3,990.00, 3,965.00
Resistance: 4,025.00, 4,040.00
What it said to watch
H1 close below 3965 opens the path toward the 3941 YTD low
Sustained break above 4040 shifts the read out of the range
S&P Global PMIs Fri could materially move this read
17:04 UTC
Recovering off lows, sideways · RSI 51 · price 4,011.06
Consolidation above 4000 after mid-week selloff.
Gold gapped lower into this week's open near 3998, then bounced off the sub-3975 lows and is consolidating just above the $4000 psych pivot, hugging the H1 EMA20 with RSI cycling around 50. Repeated stalls under 4025-4040 have capped the recovery, keeping the lower-high sequence intact. Context stays heavy: oil-driven Fed hike bets are pressuring bullion despite softer June CPI/PPI.
Support: 4,000.00, 3,975.00, 3,965.00
Resistance: 4,025.00, 4,040.00
What it said to watch
Hourly close above 4040 clears the descending lower highs
Loss of 4000 psych re-exposes the 3975 swing low and 3965 triangle floor
S&P Global PMIs Fri 13:45 UTC could shift this read
16:03 UTC
Downtrend, stabilising into consolidation · RSI 53 · price 4,011.94
Higher lows holding above 4000 pivot.
Gold sold off through the week from the 4090s to a 3960 swing low, then gapped lower into Monday's open before carving higher lows back toward the $4,000 psych pivot — energy-led inflation from US-Iran keeping hawkish-Fed bets alive and capping bullion. Price is now consolidating just above 4000 with RSI(14) mid-range and EMA20/50 flattening beneath price. Resistance at 4028 has capped this week's recovery attempts.
Support: 4,000.00, 3,960.00
Resistance: 4,028.00, 4,040.00
What it said to watch
H1 close below 4000 psych re-exposes the 3960 swing low
Reclaim of 4028 prior high would extend the recovery toward the 4040 week high
S&P Global PMIs Jul 24 13:45 UTC could materially shift this read
16:03 UTC
Downtrend this week, now consolidating near $4000 · RSI 50 · price 4,011.94
Lower highs off Monday's open, base built around 3960 then recovery into a 4000–4040 range.
Gold opened the week near 4076 and slid through, the dominant leg a slump after weekend US-Iran escalation lifted oil and revived hawkish-Fed pricing, bottoming near 3960. Price has since clawed back to the $4000 psych area and is consolidating in a 4000–4040 band, with RSI(14) back around the midline and price pinned to EMA20. The 4040 zone has capped the recovery while 4000 keeps drawing dip interest.
Support: 4,000.00, 3,959.70
What it said to watch
H1 close above 4040 opens the path toward the 4067 swing high
Loss of the $4000 psych level reopens the 3959 week low
S&P Global PMIs (Jul 24) are the next macro catalyst that could shift this read
Consolidation below week highs after weekend gap down.
Gold has churned around the $4,000 psych level all week, with the early-week sell-off from 4076 finding a base at the 3959.70 week low before a recovery stalled at the 4040 recent high. Price gapped down at the weekly open and the last NY session faded back to the psych area, keeping RSI mid-range near 47 and price back below EMA(20). The hawkish-Fed/oil-inflation backdrop keeps rallies sub-4000 failing.
Support: 4,000.00, 3,975.00, 3,959.70
Resistance: 4,076.31
What it said to watch
Hourly close below 3975 8mo low opens the YTD 3941 area
Reclaim of the 4040 recent high needed to re-test 4076 prior high
S&P Global PMIs Jul 24 13:45 UTC could materially shift this read
Gold has spent the week hemmed around the $4,000 psych level after gapping into the new week near 3999, with the early-week slide from 4103 to 3959 defining the dominant move. This week's recovery stalled at 4040 and has faded back to 4006, keeping the 3994-4040 band intact — the hawkish-Fed/oil backdrop continues to cap rallies sub-$4,000. RSI(14) sits mid-range and price is back under EMA(20).
Support: 4,000.00, 3,994.00, 3,966.00
Resistance: 4,040.00
What it said to watch
H1 close below 4000 psych exposes week low 3966 and the YTD 3941 zone
Reclaim of 4040 week high needed to break the range top
S&P Global PMIs Jul 24 13:45 UTC is the next catalyst that could shift this read
14:03 UTC
Downtrend, basing near 4000 · RSI 48 · price 4,004.60
Recovery off week low, capped below 4025.
Gold slid from the early-week 4103 spike to a week low near 3959.7, then clawed back to the 4000 psych where it now sits, with EMA20 (~4013) still overhead. The 4025 session high has capped the recovery, keeping price in a tight range as the hawkish-Fed/strong-oil backdrop weighs. RSI(14) is neutral around 47, offering no momentum edge either way.
Support: 4,000.00, 3,975.00, 3,959.70
Resistance: 4,025.30
What it said to watch
H1 close below 4000 psych opens the path to the 3975 prior low and 3959.7 week low
H1 close above 4025 session high would shift the range read higher
S&P Global PMIs Jul 24 13:45 UTC is the next material catalyst for this read
Gold spiked to 4103 early in the week then unwound to a 3959.70 low before clawing back toward the 4000 handle; price now sits near the 38.2% retrace of that dominant drop. A weekend gap lower opened near 3998 and buyers recovered it, but the 4040 session high capped the latest push and the pair has drifted back to the 4000 psych level. Move fits the digest read — safe-haven bids into US-Iran oil headlines keep fading below 4000 against a firmer USD.
Support: 4,000.00, 3,975.00, 3,959.70
What it said to watch
H1 close below 4000 psych opens the path toward the 3975 8-month low
Reclaim of the 4040 session high needed to negate the range
Oil / US-Iran headlines are the near-term driver of the inflation-hike narrative
Gold gapped down at this week's open and extended to an eight-month low near 3975 before recovering back above the 4000 psychological pivot flagged in the macro read. This week's rebound stalled at 4040 and price is now consolidating just under EMA(20) with RSI(14) mid-range near 47. The 4000 handle remains the week's pivot, with rallies repeatedly capped in the 4025-4040 band.
Support: 4,000.00, 3,975.00
Resistance: 4,025.00
What it said to watch
H1 close below 4000 reopens the 3975 low
Break above 4040 needed to extend the recovery
S&P Global PMIs Thu could shift this read
12:03 UTC
Recovering off week low, choppy near 4000 · RSI 55 · price 4,019.84
Range rebuild above the 4000 pivot after mid-week flush to 3960.
Gold flushed to a 3960 week low mid-window as firmer oil revived Fed-hike bets, then clawed back above the 4000 psych pivot and now holds above EMA20/EMA50 with RSI cycling mid-50s. The week reopened with a gap down to 3999 that has since filled, and price is grinding out a range 4000-4040. Buyers have twice defended the low-3960s, giving a shallow double-bottom base into the recovery.
Support: 4,000.00, 3,975.00, 3,959.70
Resistance: 4,040.00, 4,067.00
What it said to watch
Sustained H1 trade below 4000 psych reopens the 3975 week low and 3960 swing low
Close above 4040 session high opens the path to 4067 prior high
S&P Global PMIs Fri could materially shift this read
Gold spiked to a 4103 week high on the soft US PPI print early in the window before unwinding to a 3959 low as escalating US-Iran oil headlines rebuilt the hawkish-Fed narrative. Price has since recovered to consolidate around the 4000 psychological pivot, closing at 4019 above a flattening EMA(20)/EMA(50) with RSI(14) hovering near 53. The 4040 day high has capped the latest push while demand has held above 4000.
Support: 4,000.00, 3,975.00
Resistance: 4,060.00, 4,103.00
What it said to watch
H1 close back below 4000 psych reopens 3975 8-mo low and the 3941 YTD low
H1 close above 4040 day high opens 4060 swing high
S&P Global PMIs Fri 13:45 UTC are the next high-impact catalyst and could shift this read
Gold sold off from ~4103 early in the week to an 8-month low near 3960 as the oil-inflation/Fed-hike narrative capped safe-haven demand. Since then it has ground back toward the $4000 psychological pivot, now reclaimed at 4025 with the weekend gap down to ~3999 filled. Price sits back above EMA20 and EMA50 with RSI(14) cycling into the low-60s off the base.
Support: 4,000.00, 3,975.00, 3,959.70
Resistance: 4,030.00, 4,076.00
What it said to watch
Hold above the $4000 psych pivot keeps the recovery intact; loss of it reopens the 3975 8-mo low
A close above 4030 swing high opens the path back toward the 4076 prior high
Failure at 3960 week low confirms fresh lower-low continuation
S&P Global PMIs Fri could materially shift this read
11:03 UTC
Recovering off 8-month low · RSI 59 · price 4,025.78
Reclaimed 4000, testing range top.
Gold recovered off the 3959 week low, filling the weekend gap and reclaiming the 4000 psychological mark that had capped repeated attempts earlier in the week. Price now sits above EMA20/50 with RSI(14) cycling into the upper 50s, though 4028-4030 has capped the latest push. The bounce plays out against a broader bearish tone, with US-Iran oil headlines feeding two-way flows.
Support: 4,000.00, 3,975.00
Resistance: 4,030.00, 4,076.00
What it said to watch
H1 close above 4030 opens the path back toward 4076
Failure to hold 4000 re-exposes the 3975 8-month low
Gold gapped lower into Monday's open after the weekend US-Iran escalation but has clawed back to the $4,000 handle, now trading 4019 with price back above EMA(20). Last week's dominant move was the slide from the 4103 spike high to a 3959 low, and this week has been a grind higher off that base. RSI(14) sits mid-range near 54; resistance at 4030 capped Monday's rebound while the $4,000 psychological pivot remains the fulcrum.
Support: 4,000.00, 3,975.00, 3,941.00
Resistance: 4,030.00, 4,060.00, 4,103.00
What it said to watch
H1 close below 4000 psych re-opens 3975 and the 3941 ytd low
H1 close above 4030 recent high exposes the 4060 supply zone
Gold slid to an 8-month low near 3960 mid-week as oil-driven Fed-hike bets kept bullion offered, then carved out a base and reclaimed the $4000 handle after the weekend gap. Price sits back above EMA20 and EMA50 with RSI(14) cycling back near 56, but 4030 has capped the current NY-session push. The $4000 pivot the metal has struggled to hold is now being retested from above.
Support: 4,000.00, 3,975.00, 3,959.70
Resistance: 4,030.00, 4,055.00
What it said to watch
H1 close above 4030 opens the path toward the 4055 supply zone
Failure to hold 4000 reopens 3975 and the 3959 swing low
S&P PMIs Fri 13:45 GMT could materially shift this read
Gold clawed back above the $4,000 psych pivot through the current session after basing near the 3959 swing low, with price now holding above EMA20 and EMA50 and RSI(14) cycling mid-range. The sub-4000 slide — driven by Iran/oil-fed Fed-hike bets keeping the dollar firm — has paused, though resistance at 4030 caps the immediate bounce. The 4074 week high sits above as the next reference.
Support: 4,000.00, 3,975.00
Resistance: 4,030.00, 4,060.00, 4,074.00
What it said to watch
H1 close above 4030 opens the path toward the 4060 prior swing and 4074 wk high
Failure to hold the 4000 psych re-exposes the 3975 / 3959 low cluster
S&P Global Flash PMIs Fri could materially shift this read
09:04 UTC
Recovery off 8-month low, still capped near 4000 · RSI 56 · price 4,020.01
Basing above swing lows, reclaiming psych pivot.
Gold slid to an 8-month low near 3960 midweek as Iran-oil inflation risk revived Fed-hike bets and kept the USD bid, but demand stepping in twice around 3960-3982 has built a base and reclaimed the 4000 psych pivot into this week's later sessions. Price now sits above EMA(20) with RSI(14) recovering through the mid-50s, though the 4030 session high has capped the bounce so far.
Support: 4,000.00, 3,982.00, 3,960.00
Resistance: 4,030.00, 4,050.00
What it said to watch
Hourly close back below 4000 reopens the 3982/3960 lows
Break and hold above 4030 extends the recovery toward 4050
S&P Global Flash PMIs Fri 13:45 UTC could materially shift this read
Higher lows since the 3959 base, capped under 4028.
Gold has recovered off the week's 3959 week low, reclaiming the 4000 psychological handle after a weekend gap lower and building a sequence of higher lows above the 4003 swing low. RSI(14) has cycled back above 50 with price holding over EMA(20), though the earlier decline from the 4103 spike still frames the week's structure. Iran/oil-driven safe-haven flows underpinned the bounce off the base.
Support: 4,003.00, 4,000.00, 3,959.00
Resistance: 4,028.00, 4,050.00, 4,103.00
What it said to watch
H1 close above 4028 day high opens the path to the 4050 swing high
Failure to hold 4000 psych reopens the 3959 week low
Loss of 4003 swing low negates the higher-low sequence
S&P Global Flash PMIs Jul 24 are the next major catalyst for this read
Range after bounce off 8-month low, capped near 4028.
Gold gapped lower into Monday's open near 3999 then recovered off last week's 3959 low, driven by US-Iran escalation reviving safe-haven and oil-linked flows. The bounce stalled into 4028 and price has since drifted back to 4004, hovering around EMA(20) with RSI(14) parked near neutral. The $4,000 psychological area remains the pivot after repeated rejections capped the week below it.
Support: 4,000.00, 3,980.00
Resistance: 4,050.00
What it said to watch
Sustained H1 close above 4028 opens the path toward 4050
Failure to hold 4000 exposes 3980 swing low and the 3959 week low
S&P Global Flash PMIs Jul 24 are the next major catalyst for USD repricing
07:03 UTC
Downtrend, consolidating near 4000 · RSI 46 · price 4,004.25
Lower highs off 4103, ranging above week low.
Gold rolled over from the $4,100 spike early in the week and has spent the last two sessions coiling either side of the $4,000 psychological handle, capped below it per the broader bearish read. The recovery off the $3,959 week low stalled at 4028, leaving a chain of lower highs; RSI(14) sits near 46 with price back beneath EMA(20). The last NY session drifted lower into the close as the safe-haven bid faded against reviving Fed-hike pricing.
Support: 4,000.00, 3,975.00
What it said to watch
H1 close above 4028 breaks the lower-high sequence
Failure to hold 4000 psych exposes 3975 and the 3959 week low
S&P Global Flash PMIs Jul 24 13:45 UTC could shift this read
Gold spiked to 4103 early in the week on Iran/oil-driven safe-haven flows, then bled lower to a 3959 week low before rounding back to reclaim the 4000 psychological handle. Price is now consolidating 4000–4028 with RSI(14) mid-range and price hugging EMA20/EMA50, both near 4000. The 4000 level that capped earlier attempts is being retested from above.
Support: 4,000.00
Resistance: 4,062.00
What it said to watch
H1 close below 4000 psych reopens the 3959 week low
H1 close above 4028 day high extends the recovery toward 4062
S&P Global Flash PMIs Jul 24 are the next major catalyst and could reset this read
Gold slid from the ~4,103 spike early in the window to a week low near 3,959, then recovered through the NY session as US-Iran escalation and firmer oil revived safe-haven flows, lifting price back to 4,010. The $4,000 handle has capped and now supported repeated attempts, leaving H1 coiled around flat EMA20/EMA50 with RSI back at neutral. The 4,028 session high has held two tests this week.
What it said to watch
H1 close above 4,028 session high opens the path to 4,050
Failure to hold 3,990 range floor re-exposes the 3,959 week low and 3,941 ytd low
S&P Global Flash PMIs Jul 24 are the next major catalyst for this read
05:04 UTC
Recovery off week's low, momentum building · RSI 58 · price 4,020.91
Reclaim of 4000 pivot, consolidating below 4028.
Gold clawed back above the $4,000 pivot since Monday's open after last week's slide to the $3,960 week low, with recovery underpinned by safe-haven flows into Middle East oil risk even as a firm dollar caps upside. Price is holding above EMA20 with RSI(14) cycling into the high-50s. Resistance at 4028 capped Monday's push; the 4050-4060 failed-rebound zone sits above.
Support: 4,000.00, 3,960.00
Resistance: 4,028.00, 4,050.00
What it said to watch
H1 close above 4028 opens the path toward the 4050-4060 recovery zone
Failure to hold the 4000 pivot reopens the 3960 week low and 3941 YTD low
S&P Global PMIs (Fri) could materially shift this read via Fed-hike repricing
Gold clawed back above the $4,000 psych pivot to 4020 after basing near the 3960 week low, with RSI(14) cycling back above 50 as the recovery held into this session. The move follows the ~3% weekly slide to 8-month lows, capped through the week by a firm dollar and revived Fed-hike chatter despite safe-haven flows. A weekend gap down to ~3999 was quickly filled and price is now retesting the 4000 handle from above.
Support: 4,000.00, 3,982.00, 3,960.00
Resistance: 4,028.00, 4,050.00
What it said to watch
Sustained hold above 4000 keeps the recovery read intact; loss of it reopens 3982 and the 3960 week low
Close above 4028 session high opens the 4050 recovery resistance zone
S&P Global PMIs (Fri) could materially shift this read via USD/yields
Gold surged to 4103 early in the week then bled lower to a weekly low near 3960 as hawkish-Fed repricing and USD strength overrode the safe-haven bid despite the Mideast energy shock. Price has since reclaimed the 4000 psych level off that base and trades 4024 with RSI(14) recovering through the mid-50s. The 4062 area capped the last bounce and remains the resistance to clear.
Support: 4,000.00, 3,960.00
Resistance: 4,062.00
What it said to watch
H1 close above 4062 would extend the recovery beyond this week's lower highs
Loss of the 4000 psych level re-exposes the 3960 weekly low
S&P Global PMIs Fri could materially shift this read
Gold slid through the week to a low near 3960 as USD strength and Fed-hike repricing capped rebounds below the $4,000 psychological level. Price gapped lower over the weekend but recovered through 4000 into Monday's session, now pressing the 4028 week high with RSI(14) back near 59. Two failed pushes into the 3960 zone left a double bottom, and the reclaim of 4000 has shifted near-term structure to higher lows.
Support: 4,000.00, 3,959.70
What it said to watch
H1 close back below 4000 psych reasserts the downside toward 3982 and the 3960 week low
Break and hold above the 4028 wk high opens the path toward the 4067 prior high
S&P Global PMIs Fri could materially shift this read
03:03 UTC
Downtrend, recovering off lows · RSI 61 · price 4,021.92
Bounce from 3959 low back above 4000 pivot.
Gold rolled over from the 4103 spike (built on the soft PPI print midweek) and pressed to a 3959 low before recovering into Monday's session, reclaiming the 4000 psychological pivot with RSI(14) cycling back above 50. Price is retesting 4000 from above and pushing toward the 4028 session high, but the broader H1 picture stays a downtrend below the 4060–4103 supply band. This week marks a second weekly loss with the 3941 YTD low still cited as the downside magnet.
Support: 4,000.00
Resistance: 4,060.00, 4,103.04
What it said to watch
Sustained trade back below 4000 keeps the bearish structure intact
H1 close above 4028 opens the path toward 4060
Failure to hold the 3959 area confirms a fresh lower low toward 3941
S&P Global PMIs (Fri) could materially shift this read
Gold slid from the 4103 spike into a 3959.70 week low before the current recovery reclaimed the 4000 psychological pivot; the earlier PPI miss briefly firmed metal but revived Fed hike bets and a firm dollar dominated the down leg. Price now sits above EMA20/EMA50 with RSI back near 58, having retested 4000 from below during the latest session. Resistance at 4028.70 caps the bounce so far.
Support: 4,000.00, 3,982.48, 3,959.70
Resistance: 4,028.70, 4,062.00, 4,103.04
What it said to watch
Sustained trade back below 4000 keeps the bearish structure intact toward 3982 and the 3959 week low
H1 close above 4028.70 session high extends the bounce toward 4062
S&P Global PMIs (Fri) could materially shift this read via USD
Gold gapped lower over the weekend and is now grinding back to the 4000 psychological pivot after a mid-week spike to 4103 rolled over into a sequence of lower highs. Price stalled repeatedly at 4020 this week while renewed Mideast energy inflation and a firm dollar kept recovery attempts capped. RSI(14) sits mid-range near 50 with no directional conviction on H1.
Support: 4,000.00, 3,966.00, 3,941.00
Resistance: 4,020.00
What it said to watch
Sustained trade below 4000 keeps pressure toward 3966 and the 3941 ytd low
H1 close back above 4020 negates the lower-high sequence
S&P Global PMIs Fri could materially shift this read
02:03 UTC
Downtrend from spike, now ranging · RSI 49 · price 4,002.83
Range 3990-4020 below 4000 pivot.
Gold rolled over from the $4,103 spike early in the window and has ground back to the $4,000 psychological pivot, chopping a 3990-4020 range since. The weekend gap opened near 3999 and price has since reclaimed 4000, but RSI(14) sits neutral near 50 with price hugging EMA(20) and below EMA(50). Broader tone stays heavy as a firmer dollar and revived Fed hike bets cap recovery attempts.
H1 close above 4020 prior-day high opens the path toward 4060 supply
Failure to hold 3959 week low confirms a lower-low
S&P Global PMIs (Fri) could materially shift this read
01:04 UTC
Rolled over from spike, consolidating · RSI 53 · price 4,006.49
Range after rejection, holding above swing low.
Gold spiked above $4,100 midweek on the soft PPI print before rolling over hard back below $4,000, and price has since consolidated either side of the $4,000 psychological pivot. RSI(14) has cycled back toward neutral off the 3966 swing low, with price now hovering just above EMA(20) but under EMA(50). The 4020 swing high has capped attempts while 4000 remains the immediate pivot.
Support: 4,000.00, 3,966.00, 3,941.00
Resistance: 4,020.00, 4,050.00
What it said to watch
Sustained trade below 4000 keeps the bearish structure intact toward 3966 then the 3941 ytd low
H1 close above 4020 opens the path back toward the 4050 prior range
S&P Global PMIs Fri could materially shift this read
00:03 UTC
Downtrend, below 4000 · RSI 42 · price 3,987.44
Lower highs, week opened weak.
Gold rolled over from the $4103 PPI-driven spike earlier in the window and has been carving lower highs since, capped repeatedly near 4018-4060 supply. The new week opened below the $4000 psych level and slid to 3987, keeping price under both EMA(20) and EMA(50) with RSI(14) sitting near 42. The firm dollar and revived energy-inflation narrative are behind the drift toward 8-month lows.
Support: 3,966.00, 3,941.00
Resistance: 4,000.00, 4,018.00, 4,060.00
What it said to watch
Sustained trade below 3966 swing low opens the path to the 3941 ytd low
H1 close back above 4000 psych would ease the bearish structure toward 4018 prior high
S&P Global PMIs (Fri) are the main catalyst that could shift this read