Lower highs from the 4142.17 window high, sitting at 50% retrace.
The late-NY flush swept the 4106 weekly low to 4104.98, then fully recovered as oil eased on the Iran-cargo news. Price was then rejected at the 4142.17 window high, and early Asia has printed seven straight descending highs back to the 50% retrace of that rebound near 4124, just above the 4122.1 session low.
Support: 4,122.10, 4,119.20, 4,105.00
Resistance: 4,131.00, 4,142.20
What it said to watch
M15 close below the 4122.1 session low exposes the 61.8% fib at 4119.2, then the 4105.0 swing low
A close back above the descending highs line and the 4131.0 breakdown level negates the Asia slide; 4142.2 window high is the range cap
Thu 12:30 UTC jobless claims (f/c 200K) and oil/Iran headlines could materially shift this read
4121–4142 range; Asia carving lower highs off range top.
Late NY spiked to the 4104.98 spike low, sweeping the 4106 weekly low, before oil easing on Iran-cargo news drove a recovery to the 4142.17 range top. Early Asia has faded that test with lower highs into the 4124.61 session low, and price is sitting on the 38.2% fib of the rebound. RSI(14) is near 46, and price is below EMA20 and EMA50.
Support: 4,124.61, 4,121.53, 4,104.98
Resistance: 4,134.13, 4,142.17, 4,150.00
What it said to watch
M15 close below the 4121.53 swing low breaks the range floor and exposes the 4104.98 spike low
Reclaim of the Asia lower highs line and the 4134.13 lower high would neutralise the fade back toward the range top
Close above the 4142.17 range top opens the 4150 round number
Thu 12:30 UTC jobless claims and oil/Iran headlines could materially shift this read
23:17 UTC
Range, fading from the top in early Asia · RSI 44 · price 4,127.79
4105–4142 intraday range; NY flush and V-recovery, now lower highs off the range top.
Late-NY flush to 4104.98 met demand at the prior weekly low, matching the earlier 4106 Asian low. The V-recovery on oil easing after the Iran-cargo news then stalled at the 4142 range top, its fourth test since London. Early Asia is drifting back to the 38.2% fib near 4128, below the ema20, with RSI(14) near 44.
Support: 4,125.26, 4,121.53, 4,105.00
Resistance: 4,132.00, 4,142.17
What it said to watch
Loss of the 4125 asia low exposes the 4121.5 swing low, then the 50% fib near 4123.6
M15 close back above the 4132 ema20 shifts the read back toward the 4142 range top
Break of 4105 weekly low turns the double bottom into a range break lower
Thu 12:30 UTC Jobless Claims (f/c 200K) and oil/Iran headlines could materially shift this read
23:03 UTC
Two-way range, early Asia pullback · RSI 47 · price 4,130.55
4105–4142 range; late-NY sweep low reversed, range top capping.
Gold spent the session inside a 4105–4142 range. The late-NY flush swept the Asian low to the 4105 sweep low and was fully reversed into a 4142.17 range top as oil eased on the Iran-cargo news, a fourth rejection there. Early Asia session is fading off that cap. Price sits below the ema20 near 4134 and is testing the 38.2% of the rebound above the 4127.40 swing low, with RSI(14) at 47.
Support: 4,127.40, 4,121.50, 4,105.00
Resistance: 4,134.00, 4,142.17, 4,150.00
What it said to watch
M15 close below the 4127.40 swing low opens the 50% retrace toward the 4121.50 ny low
Acceptance above the 4142.17 range top would break the four-test cap and bring the 4150 round number into play
Loss of the 4105 sweep low would put the 4100/4106 weekly low area under renewed pressure
Thu 12:30 UTC Initial Jobless Claims (f/c 200K) could materially shift this read via yields
Capped at 4141–4142 since London, early Asia pullback from range top.
Early Asia is easing toward the 4132.8 session low after another rejection at the 4142.2 range top, which has capped price five times since London. The late-NY spike low at 4105 was a false break of the Asian low and was fully reclaimed as oil eased on the Iran-cargo news. RSI(14) is neutral near 52.
Support: 4,132.80, 4,127.40, 4,105.00
Resistance: 4,142.20, 4,150.00
What it said to watch
M15 close above the 4142.2 range top opens the 4150 round number
Loss of the 4132.8 session low shifts focus to the 4127.4 swing low, near the 38.2% of the spike recovery
Break below 4127.4 puts the 4105 spike low back in play
Thu 12:30 UTC jobless claims and oil/Iran headlines could materially shift this read
22:32 UTC
Range-bound, rebound stalling at range top · RSI 51 · price 4,135.68
4121–4142 range; late-NY false break below the 4106 Asian low reclaimed.
A late-NY flush took out the 4106 Asian low to a 4104.98 weekly low, then gold snapped back to a 4142.17 range top as oil eased on the Iran-cargo news. Early Asia is drifting just under the range top, which has capped six tests since London, with RSI(14) neutral near 51.
Support: 4,127.30, 4,121.50, 4,104.98
Resistance: 4,142.17, 4,150.00
What it said to watch
M15 close above 4142.17 range top breaks the London–NY ceiling and opens the 4150 round number
Slip below the 4127.3 range floor, near the 38.2% of the sweep rebound fib, puts the 4121.5 swing low back in play
Return below the 4104.98 weekly low turns the false break into a genuine range break
Oil and Iran/Hormuz headlines during Asia remain the main driver; Thu 12:30 UTC jobless claims are the next scheduled risk
22:17 UTC
Range, rebounding to the top · RSI 56 · price 4,138.48
London and NY capped gold at the 4141–4142 range top six times, with the 4121.5 range low holding. A late-NY flush swept the 4106 weekly low to the 4104.98 sweep low, then rebounded straight back to the range top as oil eased on the Iran-cargo news. Early Asia is holding just under 4142, with RSI(14) in the mid-50s.
Support: 4,121.50, 4,104.98
Resistance: 4,142.17, 4,150.00
What it said to watch
M15 close above the 4142 range top opens the 4150 round number
Another rejection at the range top keeps the 4121–4142 range intact
A break of the 4121.5 range low re-exposes the 4104.98 sweep low
Thu 12:30 UTC jobless claims (f/c 200K) and oil/Iran headlines could materially shift this read
22:03 UTC
Range, rebounding into range top · RSI 60 · price 4,141.19
V-shaped recovery from a sweep low back to the 4141–4142 range top.
A sharp late-NY drop swept the Asian session low at 4106 down to the 4104.98 sweep low. Price then fully reversed back into the 4141–4142 range top, the fourth test of that area today, with the swing low at 4132.3 holding on the way up. The bounce tracks easing oil on the Iran-cargo news. ATR(14) is about $7.10, so the range is still wide even after the volatility spike.
Support: 4,132.30, 4,121.50, 4,104.98
Resistance: 4,142.17, 4,150.00
What it said to watch
M15 close above the 4142.17 range top would mark a range break, with the 4150 round number next
Rejection at the range top and a loss of the 4132.3 swing low would put the 4121.5 ny low back in play
Failure to hold the 4104.98 sweep low would break the weekly low area
Thu 12:30 UTC Initial Jobless Claims (f/c 200K) could materially shift this read
21:47 UTC
Range with sharp V-recovery, pressing range top · RSI 58 · price 4,141.19
4121–4142 London/NY range; late-NY false break to 4104.98 fully reclaimed.
Late-NY flush from 4138 to a 4104.98 swing low reversed fully after the US cargo-release headline knocked oil lower. That turned the drop into a false break, and price is now back at the 4141–4142 range top into the daily rollover. That top has capped four tests since London, with RSI(14) near 58 and ATR around $7 per bar.
Support: 4,132.30, 4,127.30, 4,104.98
Resistance: 4,142.17, 4,150.00
What it said to watch
M15 close above the 4142.17 range top breaks the four-test cap and opens the 4150 pivot
Slip back under the 4132.3 pullback low, then the 4127.3 range floor, puts the rebound back inside the afternoon range
Loss of the 4104.98 swing low negates the false-break read
Daily rollover into Asia session typically thins liquidity; Thu 12:30 UTC Jobless Claims (f/c 200K) is the next scheduled US risk
21:32 UTC
Range, sharp V-recovery into the top · RSI 59 · price 4,141.19
4105–4142 intraday range; NY sweep of the Asian low fully reversed, price pressing the range top.
Late NY session: the 18:45 UTC flush swept the Asian low to a 4105 sweep low. A V-shaped rebound followed as oil eased on the US cargo-release headline, and price is now retesting the 4141–4142 range top for a fifth time. RSI(14) is near 59, not stretched, and the 4132 rebound base held in the last hour.
Support: 4,132.30, 4,121.50, 4,105.00
Resistance: 4,142.20, 4,150.00
What it said to watch
M15 close above the 4142 range top opens the 4150 pivot
Slip back below the 4132 rebound base returns price to mid-range, with the 4121.5 ny swing low next
Loss of the 4105 sweep low marks a fresh lower-low for the window
Thu 12:30 UTC jobless claims and oil/Iran headlines could materially shift this read
21:17 UTC
Range-bound, sharp V-recovery into range top · RSI 57 · price 4,141.19
4127–4142 NY range; 18:45 UTC flush below Asian low fully reclaimed.
Late NY, gold is back at the 4141–4142 range top, which has capped four times since London midday. The 18:45 UTC flush to 4104.98 swept below the Asian low at 4106.24 and was fully reversed within the hour, alongside the oil pullback after the US cleared blocked cargoes. The recovery since then has printed a higher low near 4132.3, RSI(14) is around 57, and ATR(14) is about 705 pips.
Support: 4,132.30, 4,127.30, 4,105.00
Resistance: 4,142.20, 4,150.00
What it said to watch
M15 close above 4142.2 range top breaks the four-touch cap and opens the 4150 pivot
Failure back below the 4132.3 higher low returns price to the range floor near 4127.3
Loss of the 4105.0 flush low would turn the false break into a genuine range break
Oil/Iran headlines and Thu 12:30 UTC jobless claims (f/c 200K) could materially shift this read
21:06 UTC
Range-bound, sharp V-recovery into range top · RSI 59 · price 4,141.19
24h range 4105–4142; sweep of the Asian low reversed, now pressing the four-times-capped range top late in NY.
Late NY, gold swept the Asian low to a 4105 sweep low, then retraced the entire drop after the oil-relief headline on released blocked cargoes. Price is now retesting the 4141–4142 range top, capped four times since London. RSI(14) is near 59 and not stretched, while ATR(14) is about $7 per bar.
Support: 4,132.30, 4,121.50, 4,105.00
Resistance: 4,142.20, 4,150.00
What it said to watch
An M15 close above the 4142 range top breaks the 24h range and opens the 4150 round number
Failure to hold the 4132 pullback low returns price to mid-range toward the 4121.5 NY low
A move back through the 4105 sweep low would turn the reversal into a lower low
Oil/Iran headlines and Thu 12:30 UTC jobless claims could materially shift this read; the daily break is close and liquidity is thin
Rebound fib 50–61.8% at 4123.6–4119.0 marks the depth that keeps the recovery structure intact
4105–4142 session range; sharp NY flush fully reclaimed, higher lows into the range top.
The 18:45 UTC flush to 4104.98 swept the Asian low at 4106 and was fully reclaimed within an hour. The rebound came as oil eased on the US cargo-release headlines. Late NY now sits just under the 4141–4142 range top that has capped four times since London, with rising support at 4132 and RSI(14) near 58, not stretched.
Support: 4,132.30, 4,127.40, 4,105.00
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4142 range top breaks the session cap and puts the 4150 pivot in play
Loss of 4132 rising support, then the 4127 swing low, returns price to mid-range
Break below the 4105 sweep low marks a fresh session lower-low toward the 4070 range floor
Thin liquidity around the daily rollover; Thu 12:30 UTC jobless claims (f/c 200K) is the next scheduled risk
A late-NY flush ran through the overnight 4106 low to a 4105.0 sweep low, then reversed fully to 4133 as oil eased on the cargo-release headlines. Price is back inside the 4121–4141 range, with the range top capping five tests since London and the post-flush rebound high at 4136.2 the nearest lid.
Support: 4,121.50, 4,105.00
Resistance: 4,136.20, 4,141.90
What it said to watch
Close above 4141.9 range top breaks the London-NY cap and opens the $4,150 pivot
Loss of the 4121.5 range low reopens the 4105 sweep low
Stall below the 4136.2 rebound high keeps price rotating inside the range
Oil/Iran headlines and Thu 12:30 UTC jobless claims could shift this read
4105–4142 intraday range; spike low swept and reclaimed.
A late-NY flush cut under the Asian low to a 4104.98 spike low, then reversed in a V as oil slid on the US cargo-release headlines. Price has recovered about 83% of the drop (spike retrace) and sits just below the 4141.9 session high, which has capped four tests today. RSI(14) is neutral near 54.
Support: 4,127.40, 4,105.00
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.9 session high breaks the range top and opens the 4150 pivot
Failure back below the 4127.4 swing low leaves the 4105.0 spike low exposed again
Thu 12:30 UTC Initial Jobless Claims (f/c 200K) could materially shift this read
Oil/Iran cargo headlines remain the main intraday swing factor
20:03 UTC
Range, sharp V-recovery after a late-NY flush · RSI 52 · price 4,135.19
4127–4142 intraday range; late-NY sweep of the Asian low fully reclaimed.
Supply capped the 4141–4142 range top four times across London and NY. A late-NY flush then swept the Asian low to a 4104.98 sweep low, and price snapped back to 4135 in four bars as oil eased on the US cargo release. Price is back inside the range above EMA20/50, RSI(14) neutral near 52, with the flush retrace now past 78.6%.
Support: 4,127.30, 4,121.50, 4,105.00
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.9 range top breaks the four-touch cap and opens the 4150 round number
Loss of the 4127 range floor puts the 4121.5 NY low back in play, then the 4105 sweep low
Oil and US-Iran headlines drove the late-NY flush; renewed WTI strength could repeat it
Thu 12:30 UTC jobless claims (f/c 200K) is the next scheduled catalyst
4105–4142 day range, failed breakdown below Asian low.
Late in the NY session, an 18:45 UTC flush swept the Asian low and set a weekly low at 4104.98. Price then V-recovered to 4133, near the 78.6% retrace of the drop, as oil eased on the US blocked-cargo headline. The 4141–4142 day high has capped four tests since London, and RSI(14) is neutral near 52.
Support: 4,121.50, 4,105.00
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.9 day high breaks the cap, with the 4150 round number next
Loss of the 4121.5 swing low puts the 4105 weekly low back in play
Rejection at the 78.6% retrace of the flush leaves the 4105–4142 range intact
US-Iran / oil headlines remain the swing factor into Thu 12:30 UTC jobless claims
Triple top at 4141 gave way to a late-NY range break and a sweep of the Asian low.
Three failures at the 4141 triple top through London and NY preceded a 25-dollar late-NY drop through the 4121.5 range floor, with the next bar sweeping the Asian low to a fresh weekly low at the 4104.98 sweep low before snapping back to 4119.5. Price now sits just under the broken range floor, between it and the 10:15 UTC swing low at 4111.8.
Support: 4,111.80, 4,104.98
Resistance: 4,121.50, 4,141.10
What it said to watch
M15 close back above the 4121.5 range floor turns the breakdown into a false break
Failure to hold the 4104.98 sweep low confirms a lower-low, with the $4,070 range floor in view
Loss of the 4111.8 swing low would put the sweep low back under test
Meta earnings after the US close could shift yields and USD and move this read
After five rejections at the 4141 range top, a single 25-point bar at 18:45 UTC late in the NY session broke the 4127 range floor and the 4121.5 NY swing low. The drop has given back over 78.6% of the weekly low leg off 4106. Price is now testing the 4110.8 Asian low, with RSI(14) near 29.
Support: 4,110.80, 4,106.20
Resistance: 4,121.50, 4,127.30, 4,141.20
What it said to watch
Failure to hold the 4110.8 asia low exposes the 4106.2 weekly low; a break there prints a lower low in this window
Recovery back above the 4121.5 swing low and the 4127.3 range floor would mark the break as a false break
Range top at 4141.2 remains the session ceiling while it caps
Meta earnings after the US close and US-Iran/oil headlines could jolt yields and this read
18:46 UTC
Intraday uptrend, pressing a flat cap · RSI 56 · price 4,137.58
Higher lows from the 4106 weekly low, capped at 4141–4142 for five tests.
Gold has held a higher-low sequence since the Asia-session weekly low at 4106.2. The bounce came as oil eased on the US move to release blocked cargoes. Late in the NY session, price is grinding back into the 4141.9 day high, which has capped five tests since London, with the rising lows from the 4121.5 NY low compressing the range beneath it.
Support: 4,128.90, 4,121.50, 4,106.20
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.9 day high breaks the cap and opens the 4150 round number
Loss of the 4128.9 higher low and the rising lows trendline puts the 4121.5 NY low back in play
A fresh rejection at 4141.9 extends the consolidation inside the 4121.5–4141.9 band
Oil/US-Iran headlines into thinner post-NY hours can shift this read; Thu 12:30 UTC jobless claims is the next scheduled risk
London cleared the Asian range high near 4129 to a 4141.90 session high, a bounce against the four-day slide as the USD stays soft after Tuesday's housing misses. Late NY session, the 4141–4142 band has capped six tests while lows step up from the 4121.53 NY low to a 4128.89 higher low, with price compressing just under the cap and the 61.8% fib of the London leg held near the NY low.
Support: 4,128.89, 4,121.53
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.90 session high breaks the flat cap and opens the 4150 psych level, the digest's rally cap
Break of the 4128.89 higher low and the rising support line puts the 4121.53 NY low back in play
Thu 12:30 UTC Initial Jobless Claims (f/c 200K) is the next scheduled USD catalyst for this structure
Higher lows compressing under a flat session-high cap.
Gold climbed off the 4111.76 London low through the Asian range top near 4132 as the USD stayed soft. The 4141–4142 session high has since capped four times through NY. Higher lows from the 4121.53 NY low to 4128.89 are compressing price under that cap into late NY, after London close, with RSI(14) near 59.
Support: 4,128.89, 4,121.53, 4,111.76
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.9 session high breaks the cap and opens the 4150 round number
Loss of the 4128.89 higher low breaks the rising-lows line and exposes the 4121.53 NY low
Below 4121.53, the London leg fib is fully retraced toward the 4111.76 London low
Thu 12:30 UTC jobless claims is the next scheduled USD risk
17:47 UTC
Intraday up from London low, compressing below cap · RSI 55 · price 4,135.13
Higher lows pressing a flat 4141-4142 cap.
London broke above the 4131.77 Asian range top and has stalled at the 4141.9 session high, with rejection on four tests since. NY has printed higher lows from the 4121.53 NY low, which held near the 61.8% of the London leg, and price is compressing under the cap late in NY hours with RSI(14) neutral around 55, while oil and firm yields keep gold rallies capped.
Support: 4,128.89, 4,121.53, 4,111.76
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.9 session high breaks the range cap and opens the 4150 psych level
Loss of the 4128.89 higher low and the rising higher-lows trendline puts the 4121.53 NY low back in play, with the 4111.76 London low below
Thu 12:30 UTC jobless claims (f/c 200K) and any US-Iran or oil headline could materially shift this read
Tightening 4127–4142 band in late NY, higher lows under a flat cap.
Gold set a fourth-day low at the 4106.2 asian low as yields and oil firmed. It then recovered through the Asian high near 4131.8 at the London-NY transition. Late in the NY session, four rejections near the 4141.9 session high meet higher lows from the 4121.5 ny low through the 4127.4 higher low, compressing price around 4132 with RSI(14) neutral near 54.
Support: 4,127.40, 4,121.50, 4,106.20
Resistance: 4,141.90, 4,150.00
What it said to watch
An M15 close above the 4141.9 session high breaks the four-touch cap and brings the 4150 round number into view, a digest rebound cap
Failure to hold the 4127.4 higher low ends the rising-lows sequence and exposes the 4121.5 ny low
A break below 4121.5 reopens the path back toward the 4106.2 asian low
Meta earnings after the US close could shift USD and yields and change this read
17:17 UTC
Intraday range above the Asian high · RSI 54 · price 4,132.47
Higher lows under a flat 4142 cap.
London broke the Asian high at 4131.8 and stalled at the 4141.9 session high, which NY has rejected three times. Demand stepped in at higher lows, 4121.5 (ny low) and then the 4127.4 swing low, as gold steadies despite the oil-driven yield pressure behind the four-day slide. After London close, price is compressing back onto the Asian high with RSI(14) neutral at 54.
Support: 4,131.77, 4,127.42, 4,121.53
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.9 session high ends the triple rejection and opens the 4150 round number
Loss of the 4127.4 swing low breaks the rising-lows line; below the 4121.5 ny low, price is back inside the Asian range
Meta earnings tonight and US-Iran/oil headlines could shift yields and this read
17:04 UTC
Intraday range after London breakout · RSI 50 · price 4,131.26
Rising lows from London low, flat cap at 4141-4142.
London lifted gold from the 4111.76 London low, through the Asian range high at 4131.77, to a session high of 4141.90 as the USD stayed soft after weak housing data. NY has rejected that session high three times since then. Price now sits mid-range near 4131 into late NY, with rising lows still intact and an intraday low at 4127.42.
Support: 4,127.42, 4,121.53, 4,111.76
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.90 session high breaks the triple rejection and brings the 4150 cap from the digest into view
Failure to hold the 4121.53 NY low breaks the rising lows and reopens the 4111.76 London low
A 61.8% fib give-back of the London rally sits near 4123.3, just above the NY low
Meta earnings after the US close could jolt yields and the USD during thin post-NY trade
16:47 UTC
Intraday recovery, stalling below range top · RSI 53 · price 4,134.25
NY range 4121.5–4141.9, rising lows under a flat cap.
Gold bounced off the 4106 Asian low after four days of losses. London then broke the Asian range high at 4131.8 from a 4111.8 low, but the move has stalled in a 4121.5–4141.9 NY range, with the session high rejected four times. After London close, price sits mid-range at 4134 on rising lows from the NY low, and pullbacks have held the 50–61.8% zone of the London leg fib; RSI is neutral near 53.
Support: 4,127.40, 4,121.50, 4,106.20
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.9 session high breaks the range top and opens the 4150 round number
Loss of the 4127.4 higher low breaks the rising lows line; below the 4121.5 NY low, the 4111.8–4106.2 Asian low zone comes back into play
Meta earnings after the US close could shift yields and USD, and with them the gold read
Range 4121–4142 after London break of Asian range.
London lifted gold out of the Asian range from 4111.8 as the USD stayed soft after weak housing data. The session high at 4141.9 has now capped three tests, while NY pullbacks held the swing low at 4121.5 and a higher low at 4126.4 near the 61.8% of the London rally fib. RSI is neutral around 55 and price is sitting on the Asian high near 4132, after the London close.
Support: 4,126.40, 4,121.50, 4,106.20
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.9 session high breaks the triple cap and brings 4150 psych into view
Close below the 4126.4 higher low and rising support puts the 4121.5 swing low back in play
Loss of 4121.5 undercuts the London rally fib and reopens the 4106.2 day low
Thu 12:30 UTC Jobless Claims and Fri flash PMIs could materially shift this read
16:03 UTC
Intraday range above the Asian range, momentum neutral · RSI 55 · price 4,132.13
London broke above the Asian range; three rejections at the 4141-4142 session high, rising lows underneath.
London broke above the Asian range (4106-4131) at 11:30 UTC on a softer dollar. Since then the 4141-4142 session high, near yesterday's high, has rejected three times. Pullbacks held at 4121-4126, around the 50-61.8% fib of the 4111.76-4141.90 leg, along rising lows. Price sits just above EMA20 at the London close, and RSI(14) is neutral near 55.
Support: 4,126.42, 4,121.53, 4,106.24
Resistance: 4,141.90, 4,150.00
What it said to watch
M15 close above the 4141.90 session high ends the three-test cap and opens the 4150 round number
Loss of the 4126.42 swing low and the 4121.53 NY low breaks the rising lows and puts price back inside the Asian range toward the 4106 Asian low
Meta Q3 earnings after the US close could move yields and shift this read
Higher lows under a flat 4141–4142 cap; 4121–4142 NY range.
London cleared the Asian range high near 4131.8 and ran to a 4141.9 session high. That London leg has since been capped three times at 4141–4142 during NY hours, with higher lows at the 4121.53 NY low and the 4126.42 swing low holding near the 50–61.8% retracement. Rising yields and oil keep rallies contained despite a soft USD, and price is mid-range with RSI flat around 52.
Support: 4,126.42, 4,121.53, 4,111.76
Resistance: 4,141.90, 4,144.44, 4,150.00
What it said to watch
M15 close above 4142 breaks the session high cap and opens the 4144.4 prior high, then the 4150 psych level
Break of the 4126.4 swing low puts the 4121.5 NY low and rising support in play; failure there exposes the 4111.8 london low
Meta Q3 earnings after the US close could shift yields and the USD and move gold out of the range
15:17 UTC
Intraday range, momentum fading after London rally · RSI 44 · price 4,127.83
Double top at 4141.9/4140.7 with lower highs since; range 4121.5–4141.9 in NY.
London broke the Asian range (4106–4132) and ran to a session high at 4141.90, but NY was rejected at 4140.72 and slipped to the NY low at 4121.53 near the 61.8% retracement. Price now sits mid-range at 4128 under EMA20, capped by a lower high at 4135.25 as firm yields and elevated oil weigh on gold.
Support: 4,121.53, 4,111.76, 4,106.24
Resistance: 4,135.25, 4,141.90
What it said to watch
M15 close below the 4121.53 ny low confirms the double top and exposes the 4111.76 london low
Loss of 4111.76 brings the 4106.24 asia low and the $4,100 handle into play
M15 close above the 4135.25 lower high breaks the descending trendline and reopens the 4141.90 session high
Meta Q3 earnings after the US close could move yields and shift this read; no US data due in the next 8h
15:04 UTC
Sideways, rolling over from session high · RSI 50 · price 4,130.07
Failed hold above Asian high; NY lower highs and a lower low.
London rallied from the 4111.8 london low through the 4131.8 asian high and stalled at a 4141.9/4140.7 double top. NY has since printed a 4135.2 lower high and a 4121.5 ny low, leaving price back near 4130 on a flat EMA20, around the 38.2% of the london rally. This fits the digest's read of gold staying heavy on firm yields and elevated oil.
Support: 4,121.50, 4,111.80, 4,106.20
Resistance: 4,131.80, 4,135.20, 4,141.90
What it said to watch
M15 close back above the 4131.8 asian high and then the 4135.2 lower high breaks the lower-high sequence
Failure to hold the 4121.5 ny low confirms a lower low and exposes the 4111.8 london low, then the 4106.2 asian low
Meta Q3 earnings after the US close could swing yields and shift this read into the Asia session
14:47 UTC
Range after London breakout, momentum flat · RSI 51 · price 4,129.02
London broke the Asian range high; NY capped at 4141.9, range 4121.5–4141.9.
London lifted gold out of the 4106–4132 Asian range to a double top at 4141.9, and NY has since rotated inside 4121.5–4141.9. The dip through the 4124 neckline to the 4121.53 ny low reversed, a false break, and price now sits mid-range just under EMA20, with the lower high at 4135.25 capping. Firm yields and oil-driven Fed-hike pricing keep rallies contained.
Support: 4,121.53, 4,111.76, 4,106.24
Resistance: 4,135.25, 4,141.90, 4,155.49
What it said to watch
M15 close above the 4141.9 double top invalidates the top and opens the 4155.49 prior high
Failure to hold the 4121.53 ny low confirms the double top and exposes the london low at 4111.76, then the asian low at 4106.24
Reclaim of the 4135.25 lower high puts the double top back in play
Oil and yield headlines on US-Iran/Hormuz could swing the range intraday; Thu 12:30 UTC Jobless Claims is the next scheduled risk
Asian range broken higher; 4121–4142 range since London.
Gold printed higher lows at 4106 (asia low) and 4112 (london low), near the weekly lows in the digest, then London broke the Asian range to a 4141.90 session high as the USD stayed soft after Tuesday's housing misses. The early-NY dip held 4121.53 (ny low), near the 61.8% retracement of the London rally, along the rising lows line. Price is at 4135, mid-upper in the 4121–4142 range.
Support: 4,121.53, 4,111.76, 4,106.24
Resistance: 4,141.90, 4,155.49
What it said to watch
A close above the 4141.90 session high would break the double cap and expose the 4155.49 prior high
A close below the 4121.53 ny low breaks the rising lows line and reopens the 4111.76 london low
Loss of the 4106.24 asia low would undo the session's recovery structure
US-Iran and Hormuz oil headlines could move yields and gold quickly during NY hours
Lower high and lower low after London push; mid-range.
London lifted gold from the 4111.8 london low through the Asian high at 4131.8 to a 4141.9 session high. The NY open rejected a retest at 4140.7, and the pullback printed 4121.5 (ny low), slightly past the 61.8% fib, before price settled near 4128. RSI(14) sits flat near 52, while firm yields and oil-driven Fed-hike bets keep rallies contained.
Support: 4,121.53, 4,111.76
Resistance: 4,131.77, 4,141.90, 4,155.49
What it said to watch
M15 close below the 4121.5 ny low confirms a lower low and exposes the 4111.8 london low
Recovery back through the 4131.8 asian high would neutralise the NY rejection
Clearing the 4141.9 session high breaks the lower-high read, with the 4155.5 prior high next
US-Iran / Hormuz oil headlines and 10y yield moves could materially shift this read intrasession
Double top at 4141 after London range break; neckline 4124 being tested.
London broke out of the 4106–4131 Asian range and ran to a 4141.90 session high. Early NY stalled at 4140.72, forming a double top over the 4124.42 neckline. Price is back below the asian high near 4127, the 50% retrace of the London leg, as firm yields and oil-driven Fed-hike pricing keep gold heavy.
Support: 4,124.42, 4,110.82, 4,106.24
Resistance: 4,131.77, 4,141.90, 4,155.49
What it said to watch
M15 close below the 4124.42 neckline confirms the double top and exposes the 4110.82 london low
Holding above the asian high at 4131.77 keeps the London breakout intact
Reclaim of the 4141.90 session high voids the double top and opens the 4155.49 prior high
Meta Q3 earnings later today could jolt yields and USD, shifting this read
13:47 UTC
Intraday uptrend, stalling under session high · RSI 61 · price 4,137.02
Higher lows since London, Asian range broken to the upside.
Gold made a London higher low at 4111.76, then cleared the Asian high at 4131.77 and set a session high at 4141.90. The pullback held a higher low at 4124.42, near the 61.8% fib of the London leg. The NY open has stalled at 4140.72, just under that high, with RSI(14) near 61 and nowhere near an extreme, a firm intraday tape against the digest's yields-and-oil headwind.
Support: 4,131.77, 4,124.42, 4,111.76
Resistance: 4,141.90, 4,155.49
What it said to watch
An M15 close above the 4141.90 session high opens the path to the prior high at 4155.49
Failure to hold the 4131.77 Asian high retest puts the 4124.42 higher low and its trendline in play
A break below the 4111.76 London low ends the higher-low sequence and re-exposes the 4106 Asian-session low
Meta Q3 earnings later today and US-Iran/oil headlines can move yields and shift this read
Higher lows above the asian low, lower high under session high.
Gold climbed off the 4106 asian low as DXY slipped ahead of Meta earnings. London cleared the Asian range top and set a 4141.90 session high, and the 4124.42 swing low held the pullback near the 0.618 fib. A second push into the NY open stalled at 4140.72, just under the session high.
Support: 4,124.42, 4,111.76, 4,106.24
Resistance: 4,141.90, 4,155.49
What it said to watch
M15 close above 4141.90 session high opens the 4155.49 prior high
Failure to hold the 4124.42 swing low breaks the rising-lows trendline and exposes the 4111.76 london low
Loss of the 4106.24 asian low reverts to the heavy tone in the digest
Meta Q3 earnings tonight can move yields and USD, shifting this read
13:17 UTC
Intraday uptrend, higher lows since London low · RSI 64 · price 4,137.08
Asian range broken higher; higher low at 4124.42, pressing session high.
London lifted gold off the 4111.76 london low and through the 4131.77 asian high to a 4141.90 session high. The pullback held 4124.42 inside the 50–61.8% fib, a higher low, and early NY is back near the high with RSI(14) at 64. The bounce runs against a fourth straight daily loss driven by firm oil and yields.
Support: 4,131.77, 4,124.42, 4,111.76
Resistance: 4,141.90, 4,155.49
What it said to watch
M15 close above the 4141.90 session high opens the path to the 4155.49 prior high, Tuesday's Iran-relief spike
Asian high at 4131.77 is first support; a close back below it puts price back inside the Asian range
Close below the 4124.42 higher low breaks the higher-low trendline and the uptrend read
Oil, US-Iran headlines and the 10y yield near 5.14% are driving gold; Meta earnings after the US close are a yields/USD risk
13:03 UTC
Intraday uptrend off Asia lows · RSI 59 · price 4,134.96
Higher lows; Asian range top broken, pullback held.
Gold bounced off weekly lows. London cleared the Asian high at 4131.77 and printed a 4141.90 session high, then pulled back to 4124.42 near the 61.8% retracement, which held as a higher low. Early NY is pushing back above the Asian high with RSI(14) near 59, while the digest still frames yields and oil as a headwind.
Support: 4,131.77, 4,124.42, 4,111.76
Resistance: 4,141.90, 4,155.49
What it said to watch
M15 close below the 4124.42 higher low breaks the London HH/HL chain and exposes the london low at 4111.76
Close above the 4141.90 session high opens the path to yesterday's prior high at 4155.49
Holding back inside the Asian range below 4131.77 would mark the London breakout as a false break
Meta Q3 earnings tonight and oil/US-Iran headlines can jolt USD and yields during late NY hours
12:46 UTC
Intraday bounce fading, back inside Asian range · RSI 53 · price 4,126.89
London break of Asian high rejected at 4141.90; 50% retrace of the leg.
London lifted gold from the 4111.76 london low through the 4128.65 asian high to a 4141.90 session high. Supply capped it into the London-NY transition, and the pullback low at 4124.42 sits at the 50% retrace of that leg as firmer yields and oil keep gold heavy. Price is now back below the Asian high, sitting on EMA20 with RSI(14) neutral near 53.
Support: 4,124.42, 4,111.76, 4,106.24
Resistance: 4,128.65, 4,141.90, 4,155.49
What it said to watch
An M15 close back above the 4128.65 asian high reopens the 4141.90 session high, then Tuesday's 4155.49 prior high
Failure to hold the 4124.42 pullback low and the 61.8% retrace near 4123.3 confirms the false break and exposes the 4111.76 london low and 4106.24 asian low
Intraday US-Iran or oil headlines during NY hours can swing yields and this read; Meta earnings tonight feed risk tone
London break above the Asian range high rejected; price back below the range top.
London lifted gold from the london low at 4111.76 through the asian high at 4131.77 to a 4141.90 session high. That leg was rejected into the London-NY transition, and price is back at 4128.52, just above EMA20 near 4127.7 and between the 38.2% and 50% retracement of the London leg. RSI(14) has cooled to ~54 as oil-driven yield pressure keeps rallies from holding.
Support: 4,125.31, 4,111.76, 4,106.24
Resistance: 4,131.77, 4,141.90, 4,155.49
What it said to watch
An M15 close back above the asian high at 4131.77 negates the false break read. Acceptance above the 4141.90 session high opens yesterday's prior high at 4155.49.
Loss of the pivot low at 4125.31 (50% fib ~4126.8) puts the london low at 4111.76 back in play, then the asian low at 4106.24.
The NY open at 13:30 UTC, plus intraday oil and US–Iran headlines, are the main swing factors for this range.
Break above Asian range high, higher lows off 4111.
Gold built a double bottom near 4111 in London, then broke the 4131.77 Asian high and printed a 4141.90 session high. RSI(14) has cooled to ~63 into the London-NY transition, and price is holding above the breakout level. The bounce runs against a heavy backdrop of firmer yields and oil, and yesterday's diplomacy-spike prior high at 4155.49 still caps overhead.
Support: 4,131.77, 4,126.83, 4,111.00
Resistance: 4,141.90, 4,150.00, 4,155.49
What it said to watch
M15 close back below the 4131.77 asian high turns the breakout into a false break and puts the 4126.83 fib 50% in play
A close above the 4141.90 session high opens 4150 psych, then the 4155.49 prior high
Loss of the 4111 double btm reopens the weekly lows near 4106
Oil / US-Iran headlines and Meta earnings tonight could shift yields and materially change this read
12:03 UTC
Intraday uptrend, extended into late London · RSI 69 · price 4,139.84
Breakout above Asian range high off a double-bottom base.
Gold based twice at 4110.82 and the 4111.76 swing low, then broke the 4131.77 Asian high late in London to print a 4141.06 session high, with RSI(14) near 69. Overhead sits the 4150 round number and Tuesday's 4155.49 prior high, where the US-Iran headline spike faded as oil and yields firmed.
Support: 4,131.77, 4,126.41, 4,111.76
Resistance: 4,141.06, 4,150.00, 4,155.49
What it said to watch
M15 close back below the 4131.77 Asian high turns the breakout into a false break
A pullback holding the fib 50% at 4126.41 keeps the higher-low chain from the 4111.76 swing low intact
Acceptance above the 4141.06 session high opens the path to the 4150 round number and 4155.49 prior high
NY open and US-Iran/oil headlines could shift this read quickly; Jobless Claims Thu 12:30 UTC is the next scheduled US data
Asian range broken to upside, higher low at 4111.76.
Late London broke the Asian high at 4129.45 off a 4111.76 higher low, tagging a 4141.06 session high with RSI(14) near 66. Price is still below Tuesday's 4155.49 high, where the US-Iran oil-headline spike faded as yields firmed.
Support: 4,129.45, 4,110.82, 4,106.24
Resistance: 4,141.06, 4,155.49
What it said to watch
M15 close back below 4129.45 asian high marks the breakout as a false break
Close above 4141.06 session high opens 4155.49 tuesday high
Loss of 4110.82 london low and 4106.24 asian low breaks the higher lows
US-Iran and oil headlines into NY open can swing this quickly
11:31 UTC
Intraday range, grinding higher off the lows · RSI 61 · price 4,130.96
Higher lows from 4106; price pressing the session high and Asian range top.
Gold has carved a 4106–4132 range since Tuesday's Iran-headline spike to 4155.49 faded. Lows are rising: the 4106.24 weekly low, then the 4110.82 London low, then a late-morning low at 4111.76. London has now lifted through the Asian range high at 4129.45 to a 4132.12 session high, which is the 50% retrace of that spike. The digest's heavy tone of oil-driven hike bets has capped rallies so far, and RSI(14) at 61 is not stretched.
Support: 4,125.31, 4,110.82, 4,106.24
Resistance: 4,132.12, 4,144.50, 4,155.49
What it said to watch
M15 close above the 4132.12 session high opens the 4144.5 prior pivot, with the 4155.49 spike high above
Slip back below the 4125.31 swing low returns price to the middle of the range
Break of the 4110.82 london low and the 4106.24 weekly low would end the rising-lows sequence
US-Iran and oil headlines into the NY open could materially shift this read
11:16 UTC
Sideways, short-term upswing off London low · RSI 58 · price 4,128.14
Range 4106–4131 since Asia, rising lows, price testing range top.
Gold has held a 4106–4131 range since the Asia session printed the weekly low at 4106.24. Lows are rising, with 4110.82 into London open and the london low at 4111.76. A roughly $19 rebound now presses the range top late in London with NY yet to open. Tuesday's Iran-headline spike to the 4155 prior high faded fully, so the tape stays headline-driven.
Support: 4,111.76, 4,106.24
Resistance: 4,131.00, 4,155.49
What it said to watch
M15 close above 4131 range top breaks the Asian-session range and opens the 4143–4155 prior high zone
Rejection at 4131 keeps the range intact; a break of the 4111.76 london low and rising-lows line puts the 4106 weekly low back in play
Loss of 4106 weekly low would leave the range floor behind
No US data due in the next 8h; US-Iran and oil headlines remain the main swing factor into NY
Asian range 4106–4129 intact; higher lows pressing the range top.
London has stayed inside the Asian range. A third higher low printed at the 4111.76 london low, above 4110.82 and the 4106.24 weekly low, and the 10:30 UTC push returned price to the 4129.45 asian high, which capped the tape at 05:30. Tuesday's US-Iran headline spike to the 4155.49 prior high faded in full, and the tape stays headline-driven on oil.
Support: 4,111.76, 4,106.24
Resistance: 4,129.45, 4,155.49
What it said to watch
M15 close above 4129.45 asian high breaks the range and opens the 4155.49 prior high
Close below 4111.76 london low breaks the rising lows line and exposes the 4106.24 weekly low
US-Iran / oil headlines into the NY open have been driving the largest intraday swings; no scheduled US data in the next 8h
4106–4132 range since Asia, pressing range top mid-London.
Gold has held a 4106–4132 range since Asia after Tuesday's Iran-headline spike to 4155.5 faded. Lows are stepping up from the 4106.2 Asian low, and the 10:30 bounce off the 4111.8 London low is pressing the 4131.8 Asian high, near the 50% fib of the spike. RSI(14) is neutral at 56.
Support: 4,111.80, 4,106.20, 4,100.00
Resistance: 4,131.80, 4,136.70, 4,155.50
What it said to watch
M15 close above the 4131.8 Asian high breaks the range and brings the 4136.7 61.8% fib, then the 4155.5 Tuesday high, into view
Loss of the 4111.8 London low and the rising trendline exposes the 4106.2 Asian low and the 4100 weekly low
NY open in ~2h; US-Iran / oil headlines are the live swing factor, with no scheduled US data in the next 8h
London range 4111.76–4125.84 inside Asian range 4106.24–4131.77.
Mid-London, gold is still boxed inside the Asian range. It is chopping between the London low at 4111.76 and the London high at 4125.84. The London high sits near the 38.2% retracement of Tuesday's Iran-headline spike to 4155 and the overnight fade to 4106. A 10:15 UTC dip to 4111.76 met a rejection back to 4120, while oil-driven Fed-hike risk keeps price anchored near the $4,100 weekly low area.
Support: 4,111.76, 4,106.24, 4,100.00
Resistance: 4,125.84, 4,131.77
What it said to watch
M15 close below the 4111.76 london low exposes the 4106.24 asian low and the 4100 weekly low
M15 close above the 4125.84 london high / 38.2% fib reopens the 4131.77 asian high
NY open plus US-Iran / oil headlines could break the session range either way
10:17 UTC
Sideways-to-lower, lower highs since Asia · RSI 43 · price 4,114.02
Converging consolidation: lower highs vs rising lows, London range broken lower.
Mid-London session, gold has slipped below the 4117.5 London low and is pressing the rising-lows line that runs up from the 4106.24 Asian low, set in Wednesday's oil-driven slide toward the 4100 weekly low. Lower highs from the 4131.77 Asian high to the 4125.84 London high keep the range tightening. Tuesday's Iran-headline spike to 4155 has fully faded, and RSI(14) sits at 43 with price below both EMAs.
Support: 4,110.82, 4,106.24, 4,100.00
Resistance: 4,117.50, 4,125.84, 4,131.77
What it said to watch
M15 close below the 4110.82 swing low breaks the rising-lows line and exposes the 4106.24 asian low, then the 4100 weekly low
Recovery back above the 4117.5 london low returns price to the London range; a close above 4125.84 london high breaks the lower-highs line
US-Iran / oil headlines drove Tuesday's 4111-4155 spike and can shift this read at any time; next scheduled US data is Thu 12:30 UTC jobless claims
10:03 UTC
Sideways, contracting · RSI 52 · price 4,119.22
Tightening range: lower highs from 4131.8, higher lows from 4106.2.
Tuesday's Iran-headline spike to the 4155.5 spike high fully faded, and gold has since compressed between the 4131.8 Asian high and the 4106.2 Asian low. Mid-London, the 4125.8 London high caps a lower-highs sequence while the 4117.3 London floor and the 4110.8 higher low hold below. Price is sitting on flat EMA20/50 with RSI(14) near 52 and ATR(14) around $5.60.
Support: 4,117.30, 4,110.80, 4,106.20
Resistance: 4,125.80, 4,131.80, 4,155.50
What it said to watch
M15 close below the 4117.3 London floor puts the 4110.8 higher low and the 4106.2 Asian low back in play, with 4100 the weekly floor beneath
Acceptance above the 4125.8 London high and the 4131.8 Asian high breaks the lower-highs line and invalidates the contraction read
US-Iran / Hormuz headlines moving WTI could materially shift this read, as Tuesday's spike showed
London box 4117.71–4125.84 with rising lows under a flat session high, inside the Asian range.
Mid-London, gold is in a 4117.71–4125.84 box after the 07:15 UTC thrust off the 4110.82 swing low. Rising lows are pressing under a flat session high, and price sits inside the 4106.24–4131.77 Asian range. Oil-driven Fed-hike pricing keeps the tone heavy, and Tuesday's Iran-headline spike to the 4155.49 tuesday high has fully faded.
Support: 4,117.71, 4,110.82, 4,106.24
Resistance: 4,125.84, 4,131.77, 4,155.49
What it said to watch
M15 close above the 4125.84 session high opens the 4131.77 asia high
Break of the 4117.71 london low and the rising lows line exposes the 4110.82 swing low, then the 4106.24 asia low near the $4,100 weekly floor
US-Iran / Hormuz headlines moving WTI during NY hours could break the box either way, as on Tuesday's spike to the tuesday high
Lower highs and higher lows inside the 4106–4132 overnight range.
Tuesday's Iran-headline spike to 4155 during NY hours fully faded. Since then gold has compressed between the 4106.2 asia low and the 4131.8 asia high, printing lower highs and a higher low at 4110.8. London has held a tight 4117.7–4125.0 band (london low to london high), with RSI(14) neutral near 55.
Support: 4,117.70, 4,110.80, 4,106.20
Resistance: 4,125.00, 4,131.80
What it said to watch
M15 close above the 4125.0 london high and the lower-highs line opens the 4131.8 asia high
Loss of the 4117.7 london low and the 4110.8 higher low exposes the 4106.2 asia low and the 4100 weekly floor
US-Iran / oil headlines remain the swing factor; no scheduled USD data in the next 8h
09:16 UTC
Sideways, compressing after Asia low sweep · RSI 55 · price 4,123.63
London range 4117.7–4125.0 inside Asian range; lower highs vs rising lows.
Asia briefly broke below the 4111 weekly floor to a 4106.2 asia low, then reclaimed it. Two hours into London, price is boxed between the 4117.7 london low and the 4125–4126 range cap, which has rejected three times. Lower highs from the 4129.5 asian high and rising lows off 4106.2 and the 4110.8 swing low are compressing price. RSI(14) is neutral near 55 and price sits marginally above EMA20 and EMA50.
Support: 4,117.70, 4,110.80, 4,106.24
Resistance: 4,126.20, 4,129.45
What it said to watch
An M15 close above the 4126.2 range cap breaks the lower-highs line and opens the 4129.5 asian high
Loss of the 4117.7 london low exposes the 4110.8 swing low and the rising-lows line
Acceptance below the 4106.2 asia low would cancel the false break and print a lower low
No US data in the next 8h; US-Iran and oil headlines remain the swing factor, as seen in Tuesday's spike to 4155
London rotating inside Asian range after reclaimed dip below 4111.
Mid-London, gold is rotating inside the Asian range (4106–4132) and sitting on its 50% retrace near 4119, with RSI(14) neutral around 52 and price pinned on flat EMA20/50. The overnight dip to the 4106 asian low undercut Tuesday's 4111 weekly floor but was reclaimed (false break). London has held between its 4111.6 london low and 4125 london high, and Tuesday's Iran-headline spike to 4155 has fully faded.
Support: 4,111.60, 4,106.24
Resistance: 4,125.00, 4,131.77
What it said to watch
M15 close below the 4111.6 london low reopens the 4106 asian low and the $4,100 handle
A break of the 4125 london high exposes the 4131.8 asian high
US-Iran / oil headlines remain the swing factor; no scheduled US data in the next 8h
Lower highs and higher lows inside the Asian range.
Early London: gold is coiling near 4122 inside the 4106–4132 Asian range. Tuesday's US-Iran headline spike to the 4155.5 spike high was fully rejected in NY. Lower highs from the 4131.8 Asian high and higher lows from the 4106.2 Asian low are compressing price, with London so far held between the 4117.7 London low and the 4125.0 London high; RSI(14) neutral near 48.
Support: 4,117.71, 4,110.82, 4,106.24
Resistance: 4,125.01, 4,131.77, 4,155.49
What it said to watch
M15 close above the 4125.0 london high and then the 4131.8 asian high breaks the lower-high sequence; the 4155.5 spike high is the next reference
Loss of the 4110.8 higher low and the 4106.2 asian low exposes the 4100 area flagged as the weekly floor
US-Iran / oil headlines drove the NY spike and remain the main intraday catalyst; no scheduled US data in the next 8h
Compression inside Asian range, higher low vs lower high.
Early London, gold is coiling inside the 4106–4132 Asian range after Tuesday's Iran-headline spike to 4155 faded. The Asia dip to the 4106.24 asian low was a false break of Tuesday's 4111 low. A higher low at 4110.8 on rising support and a lower highs line capping at the 4125 london high have price compressed near 4121, with RSI(14) flat at 51 and EMAs flat just under price.
Support: 4,110.82, 4,106.24, 4,100.00
Resistance: 4,125.01, 4,131.77
What it said to watch
M15 close below the 4110.8 higher low breaks rising support and reopens the 4106.24 asian low.
Acceptance below the 4100 psych level would extend the 4-day slide below the weekly floor flagged in the digest.
M15 close above the 4125 london high breaks the lower highs line; above the 4131.8 asian high, price clears the Asian range.
No US data in the next 8h. US-Iran / Hormuz headlines and moves in oil and yields are the swing factor for a range break.
08:17 UTC
Sideways after Asia sweep, early London stalling · RSI 52 · price 4,119.47
Range 4110–4129 above swept weekly low, higher low at 4110.82.
Asia swept Tuesday's 4111 weekly low to an asian low of 4106.24 and reclaimed it. Price has since rotated inside 4110–4129, posting a higher low at 4110.82 before early London capped at 4125.01. It now sits flat on the EMA20/50 cluster near 4119, close to the 50% retrace of the asian high fib, with Tuesday's Iran-headline spike to 4155 fully unwound as oil-led hike fears persist.
Support: 4,110.82, 4,106.24, 4,100.00
Resistance: 4,125.01, 4,129.45
What it said to watch
M15 close below the 4110.82 higher low breaks the rising support and exposes the 4106.24 asian low
Acceptance under the asian low brings the 4100 round number into play, the level the digest flags for long-liquidation risk
M15 close above the 4125.01 london high, then the 4129.45 asian high, breaks the range top
US-Iran headlines moving WTI around $97–99 can override this intraday structure quickly
Inside the Asian range 4106–4132, higher low at 4110.82.
Early London: gold is rotating inside the Asian range after a pre-open dip to the 4110.82 swing low was bought back to 4124, retracing ~73% of the 4129–4111 drop and printing a higher low above the 4106 asian low. Supply rejected the 4129 swing high at 05:30 UTC, and Tuesday's Iran-headline spike to the 4155 tue high has fully faded as oil-driven hike fears persist. RSI(14) near 57; no setup in play.
Support: 4,110.82, 4,106.24, 4,100.00
Resistance: 4,129.45, 4,131.77, 4,155.49
What it said to watch
M15 close above the 4129 swing high and 4132 asian high breaks the Asian range to the upside
Loss of the 4110.82 swing low breaks the higher-lows line and exposes the 4106 asian low, then the 4100 psych level
US-Iran / oil headlines can trigger a spike like Tuesday's run to the 4155 tue high
Lower highs from 4155 vs rising lows from 4106; inside Asian range.
Early London trade sits inside the Asian range of 4106.24–4129.45. Asia swept yesterday's 4111.7 low to the 4106 asian low and reclaimed it, then set a higher low at 4110.82. Lower highs since yesterday's Iran-headline spike to 4155 are capping price, so price is compressing around EMA20/50 with RSI(14) neutral near 53. Gold is still pinned near the weekly low as oil-fed Fed-hike pricing keeps bounces short-lived.
Support: 4,110.82, 4,106.24
Resistance: 4,125.01, 4,129.45
What it said to watch
M15 close below the 4106.24 asian low breaks the rising lows and puts the $4,100 handle in play
Close above the 4129.45 asian high ends the lower-high sequence; 4125.01 session high and 38.2% fib are the first test
US-Iran / WTI headlines can produce 15–25 pip-dollar spikes, as with yesterday's NY-session jump to 4155
07:32 UTC
Range below lower highs, bounce at London open · RSI 52 · price 4,124.11
Asian range 4106–4132, lower highs since the NY rejection at 4155.
London open lifted gold off the 4110.82 swing low in one bar to 4124.6, a test of the 38.2% retrace of the NY drop from 4155.49 to 4106.24. Price is still inside the Asian range under a line of lower highs. Elevated oil and December hike pricing keep the weekly low and the 4100 psych floor in focus.
Support: 4,110.82, 4,106.24, 4,100.00
Resistance: 4,129.45, 4,131.77, 4,136.68
What it said to watch
M15 close above the 4131.77 Asian high breaks the range and the lower-highs line, opening the fib 61.8 at 4136.68
Rejection near the 4129.45 lower high keeps the range intact
Failure to hold the 4110.82 swing low exposes the 4106.24 weekly low and 4100 psych
No US data in the next 8h. Oil and US-Iran headlines are the main driver, with jobless claims Thu 12:30 UTC next
07:16 UTC
Intraday downtrend, grinding lower into London open · RSI 45 · price 4,113.68
Lower highs since the 05:30 UTC rejection, pressing swing lows just above the Asian low.
Gold has fully unwound yesterday's NY spike to 4155.49. It has printed lower highs since the 4129.45 rejection near the 50% fib of that drop, as oil-driven hike pricing keeps pressure on. Early London is pressing the 4110.82 swing low, with the 4106.24 Asian low and the $4,100 round number just beneath; RSI(14) is neutral near 45.
Support: 4,110.82, 4,106.24, 4,100.00
Resistance: 4,119.50, 4,129.45
What it said to watch
M15 close below the 4106.24 Asian low exposes the 4100 round number, the floor flagged in the macro read
M15 close above the 4119.5 lower high breaks the lower-highs trendline and stalls the intraday downtrend
Reclaim of the 4129.45 rejection high, near the 50% fib, negates the lower-high sequence
US-Iran / Hormuz headlines moving oil could materially shift this read during London hours
London opens with gold sitting on the 4110.82 session low. The late-Asia rally was rejected at a 4129 lower high, just under the 50% retrace of yesterday's NY 4155–4106 drop. The 4106 Asian low, also the weekly low, sits just below, with the 4100 psych floor under it, as oil-driven Fed hike pricing keeps pressure on.
Support: 4,110.82, 4,106.24, 4,100.00
Resistance: 4,122.43, 4,129.45, 4,131.77
What it said to watch
M15 close below the 4106 Asian low breaks the range floor and puts 4100 psych in play
Recovery through the 4122 minor high and the 4129 lower high would neutralise the lower-high sequence; 4132 Asian high above
Iran/Hormuz and oil headlines are the live driver; no scheduled US data until Thursday's jobless claims
06:46 UTC
Sideways to heavy, below both EMAs · RSI 43 · price 4,114.50
Asian range 4106–4132, lower high at 4129.
Gold is drifting back toward the floor of the Asian range ahead of London open. The late-Asia push to a lower high at 4129.45 was rejected just under the 50% fib of yesterday's NY spike from the prior high at 4155.49. Price is pressing the swing low at 4112.39, under both EMAs with RSI 43, while oil-driven Fed hike pricing keeps the 4100 psych floor in focus.
Support: 4,112.39, 4,106.24, 4,100.00
Resistance: 4,129.45, 4,131.77, 4,155.49
What it said to watch
A break of the 4112.39 swing low exposes the Asian low at 4106.24; acceptance below the 4100 psych floor would mark a fresh weekly low and could trigger long liquidation
A reclaim of the 4129.45 lower high and the Asian high at 4131.77 breaks the range top and opens a path toward the prior high at 4155.49
London open is the first test of whether the Asian range holds
US-Iran / Hormuz headlines moving oil could shift this read without warning
06:31 UTC
Sideways after Asian sell-off, momentum neutral · RSI 50 · price 4,118.51
Range 4112–4129 inside the Asian range, below yesterday's NY spike high.
Asia sold off from the 4131.8 Asian high to a fresh weekly low at 4106.2, then settled into a 4112–4129 range. The push to the 4128.7 range top was rejected on the next bar. Price now sits near the 50% fib of the Asian drop with RSI(14) flat at 50 ahead of London open, as elevated oil keeps December hike pricing intact.
Support: 4,112.39, 4,106.24, 4,100.00
Resistance: 4,128.65, 4,131.77, 4,155.49
What it said to watch
M15 close below the 4112.4 range low reopens the 4106.2 weekly low and the 4100 round number
Close above the 4128.7 range top and 4131.8 Asian high breaks the range and brings the 4155.5 NY high back into view
London open within the hour is the usual test of the Asian range; US-Iran and oil headlines remain the dominant driver
06:16 UTC
Sideways after Asia weekly low, below EMAs · RSI 49 · price 4,117.79
4114–4129 range since the 4106 low; spike to session high rejected.
Asia printed a weekly low at 4106.24, then rebounded into a 4114–4129 range. The pre-London spike to the session high at 4129.45 was rejected near the 50% retrace of the ny spike hi to weekly low drop. Price sits mid-range at 4117.79 with RSI(14) near 49, as oil-driven hike pricing keeps gold heavy.
Support: 4,114.14, 4,106.24, 4,100.00
Resistance: 4,129.45, 4,131.77, 4,155.49
What it said to watch
M15 close below the 4114 range floor exposes the 4106.24 weekly low and the 4100 psych level
Acceptance above the 4129.45 session high and 4131.77 asian high reopens the 50% retrace and the path toward the 4155.49 ny spike hi
London open is the next test of the Asian range
No US data in the next 8h; US-Iran / oil headlines remain the main driver of this read
06:03 UTC
Flat, sideways after Asia sweep · RSI 50 · price 4,118.49
Range 4113–4129, rising lows off 4106.
Gold swept below Tuesday's 4111.68 low to the 4106.24 asia low around 01:00 UTC and recovered. It has since held a 4113–4129 range with rising lows, the backdrop being oil-driven Fed-hike bets. The 05:15 UTC push to the 4128.65 range top was rejected between the 38.2% and 50% retracement of the tuesday high–asia low move, leaving price flat on EMA20 ahead of London open.
Support: 4,113.10, 4,106.24, 4,100.00
Resistance: 4,128.65, 4,131.77, 4,155.49
What it said to watch
M15 close below the 4113 range low breaks the rising lows and re-exposes the 4106 asia low and the 4100 round number
Close above the 4128.65 range top and 4131.77 asian high clears the 50% retracement; the 4155 tuesday high caps the move
London open at 07:00 UTC typically resolves a pre-session range like this
US-Iran / oil headlines have been the main intraday driver and could materially shift this read
Consolidation 4113–4131 on rising lows above the 4106 Asian low.
Gold swept Tuesday's 4111 low to a 4106.24 Asian low around 01:00 UTC, reclaimed it, and has held a 4113–4131 band on rising lows since. Oil-driven Fed-hike pricing keeps rallies capped: the 05:30 UTC push to 4129.45 met rejection near the 50% retrace of Tuesday's 4155 high to the Asian low. RSI(14) is neutral near 51 in late Asia, with the London open still ahead.
Support: 4,113.10, 4,106.24, 4,100.00
Resistance: 4,129.45, 4,131.77
What it said to watch
M15 close below the 4113 range floor breaks the rising lows and exposes the 4106 Asian low
Acceptance below the 4100 psych level marks a fresh leg lower, the line flagged in the news
M15 close above the 4131.77 Asian high clears the rejection zone and the 50% retrace
US-Iran / oil headlines remain the main intraday driver; no US data due in the next 8h
05:32 UTC
Range, recovering from Asia low · RSI 61 · price 4,128.05
Sweep of Tuesday low reclaimed, rising lows pressing Asian high.
Asia swept Tuesday's 4111.7 low to a 4106.24 Asian low and reclaimed it. Rising lows off the 4114 range floor now press the 4131.77 Asian high, which sits near the 50% spike retrace of the 4155.49 spike high. RSI(14) is around 61, and the digest notes oil-led Fed-hike pricing has been capping rallies.
Support: 4,114.20, 4,106.24
Resistance: 4,131.77, 4,155.49
What it said to watch
M15 close above the 4131.77 Asian high breaks the session range into London open and opens the path to the 4155.49 spike high
Rejection at 4131.77 followed by loss of the 4114.2 range floor breaks the rising lows and returns 4106.24 Asian low into play
No US data in the next 8h; oil and US-Iran headlines remain the main intraday driver
05:16 UTC
Downtrend, compressing into a range · RSI 50 · price 4,119.61
Lower highs since Tuesday's 4155 spike; Asia range 4106–4132.
Asia undercut Tuesday's 4111.68 low with a sweep to the 4106.24 asia low. Demand pulled price back into a 4113–4126 range, and it now sits mid-range at 4119.61 with RSI(14) flat near 50. The Tuesday NY spike to 4155 on US-Iran headlines has faded into lower highs, with oil-driven hike bets capping each rebound.
Support: 4,113.50, 4,106.24, 4,100.00
Resistance: 4,126.18, 4,131.77
What it said to watch
M15 close below the 4113.5 swing low reopens the 4106.24 asia low and the 4100 round number
Close above the 4126.18 session high tests the lower-highs line and the 4131.77 asian high
London open in under 2h is likely to decide which side of the 4113–4126 range gives first
US-Iran / oil headlines have driven the intraday swings and could break the range either way
Lower-high sequence; Asia swept Tuesday low, now ranging 4113–4126.
Gold is printing lower highs from Tuesday's 4155.5 spike as oil-led hike bets keep rebounds shallow. Asia swept the tuesday low at 4111.7 down to a 4106.2 sweep low before demand stepped in. Price has since chopped 4113–4126 under the falling trendline into late Asia, with RSI(14) neutral near 47 and price below both EMAs.
Support: 4,111.70, 4,106.24, 4,100.00
Resistance: 4,126.18, 4,131.77
What it said to watch
M15 close above the 4126.2 lower high and the falling trendline breaks the lower-high sequence; asian high at 4131.8 sits next above
Failure to hold the tuesday low at 4111.7 exposes the 4106.2 sweep low and the 4100 round number
London open in ~2h typically breaks the Asian range; US-Iran / oil headlines remain the main intraday swing factor
04:47 UTC
Downtrend, stalling into a range · RSI 48 · price 4,116.61
4113–4126 range under lower highs after Asian false break of 4111.
Asia pushed through Tuesday's 4111 low to a 4106.24 Asian low and reclaimed it within one bar. Price has since ranged 4113–4126 under a descending lower-highs line from the 4131.8 Asian high. Tuesday's Iran-headline spike to 4155 has fully faded, the range top sits at the 38.2% fib of that drop, and RSI(14) is neutral near 48 late in the Asia session.
Support: 4,113.10, 4,106.24, 4,100.00
Resistance: 4,126.18, 4,131.77
What it said to watch
M15 close below the 4113 range low exposes the 4106.24 Asian low, with the 4100 psych floor beneath
Close above the 4126 range top and the lower-highs line shifts focus to the 4131.8 Asian high and 50% fib
London open could resolve the Asian range in either direction
US-Iran and oil headlines can override the range, as Tuesday's spike to 4155 showed
04:31 UTC
Downtrend, stalling in a tight range · RSI 49 · price 4,118.94
Lower highs capping a 4114–4126 range above the 4106 Asia low.
Late Asia session, ahead of London open. Gold is in its fourth straight decline on oil-driven Fed hike bets, and Tuesday's Iran-headline spike to 4155 has fully faded. The 01:00 UTC dip to the asia low at 4106.24 briefly broke Tuesday's 4111 low, then reversed straight back above it. Since then price has chopped between the range low near 4115 and a rejection at 4126, which sits on the 38.2% retrace of the 4155–4106 drop and under the lower highs line from the 4131.77 asia high.
Support: 4,114.90, 4,106.24, 4,100.00
Resistance: 4,126.18, 4,131.77
What it said to watch
Close below the 4114.9 range low reopens the 4106.24 asia low, with the 4100 psych floor beneath
Acceptance below 4100 would mark a clean break of the level the market is pressing
Close above the 4126 rejection and lower highs line shifts focus to the 4131.77 asia high
US-Iran or oil headlines into London open could materially shift this read
False break below 4111, higher lows inside 4106–4131 Asian range.
Asia swept Tuesday's 4111.68 low to a weekly low at 4106.24 and reclaimed it within the bar. A higher low at 4117.26 has since lifted price back above the 61.8% retrace of the Asia drop to test the 4125.67 swing high, while the tape stays heavy on oil-driven Fed hike pricing after Tuesday's NY spike to 4155 faded.
Support: 4,117.26, 4,113.10, 4,106.24
Resistance: 4,125.67, 4,131.77
What it said to watch
M15 close above the 4125.67 swing high opens the 4131.77 asian high; rejection there keeps the range read
Loss of the 4117.26 higher low and the 4113.10 swing low breaks the rising-lows trendline
Acceptance below the 4106.24 weekly low exposes the $4,100 round number
London open in ~3h; US-Iran oil headlines remain the main intraday catalyst
04:03 UTC
Range-bound below a faded NY spike, lower highs · RSI 47 · price 4,118.69
Late-Asia compression 4113–4125 after a sweep of the prior London low.
The US-Iran-driven NY spike to 4155.49 fully faded as oil stayed firm. Asia then swept the 4111.68 London low to an asian low of 4106.24 and reclaimed it. Late in the Asia session, price is compressing between the 4113 range floor and the 4125 range top, with lower highs off the 4131.77 asian high and RSI(14) flat near 47. The 38.2% fib of the NY high-to-asian low leg sits at the range top.
Support: 4,113.10, 4,106.24
Resistance: 4,125.67, 4,131.77
What it said to watch
M15 close above the 4125.67 range top (38.2% fib) breaks the lower-high trendline and exposes the 4131.77 asian high
Loss of the 4113 range floor reopens the 4106.24 asian low
London open is the likely catalyst to break the Asian range
US-Iran / Hormuz headlines and the oil swings tied to them could materially shift this read
03:47 UTC
Intraday downtrend, stalling in a tight range · RSI 51 · price 4,120.46
Post-sweep range 4113–4126, rising lows under Asia lower highs.
Gold has bled lower from the 4155 NY spike, after the US-Iran report faded and oil stayed elevated. In the Asia session it swept Tuesday's prior low at 4111.68 to a 4106.24 sweep low, was quickly reclaimed, and has since compressed between a 4113 range low and a 4125.7 range top that lines up with the 38.2% fib. Rising lows are pressing against lower highs off the 4131.8 Asia high; RSI(14) is neutral near 51 and price sits just under EMA50.
Support: 4,113.10, 4,111.68, 4,106.24
Resistance: 4,125.67, 4,131.77
What it said to watch
M15 close above the 4125.7 range top (38.2% fib) opens the 4131.8 Asia high and the 50% fib near 4131
Failure to hold the 4113 range low and the 4111.7 prior low exposes the 4106.24 sweep low
London open in roughly three hours is the likely catalyst for a break of the current range
US-Iran and Hormuz headlines driving oil could move gold sharply in either direction intraday
03:32 UTC
Intraday downtrend from NY spike, stabilising · RSI 55 · price 4,122.32
Asia range 4113-4124 below lower highs, after reclaiming a dip under the prior low.
Late Asia session: the dip to the 4106.24 asia low briefly broke the 4111.7 prior low, then was reclaimed, a false break. Price has since held a 4113-4124 range under a line of lower highs from the 4131.77 asia high. It now presses the 4124 range top, near the 38.2% retracement of the drop from the NY spike, after oil-driven Fed-hike pressure faded the US-Iran headline rally from 4155.
Support: 4,113.10, 4,111.70, 4,106.24
Resistance: 4,124.21, 4,131.77
What it said to watch
M15 close above the 4124.2 range top breaks the lower-high line and opens the 4131.8 asia high, near the 50% fib
Close back below the 4113 range low puts the 4111.7 prior low back in play; losing the 4106.2 asia low confirms a lower-low
US-Iran / Hormuz headlines and swings in oil have whipsawed gold in both directions over the last 24h
London open in about 3.5h is the first test of the Asian range
03:16 UTC
Downtrend, compressing near lows · RSI 44 · price 4,116.98
Lower highs from NY spike, Asia range 4113–4124.
The US-Iran-report spike to the 4155.49 NY high faded fully as oil stayed elevated, and lower highs have stacked since. Asia swept the 4111.68 london low to a 4106.24 asian low before bouncing. Price now sits in a tight 4113–4124 band mid-Asia session, below both EMAs, with the bounce high capping.
Support: 4,111.68, 4,106.24
Resistance: 4,124.21, 4,131.77, 4,155.49
What it said to watch
M15 close above the 4124.21 bounce high and 38.2% fib breaks the Asia compression
Close above the 4131.77 asian high breaks the lower-high trendline and invalidates the downtrend read
Failure to hold 4111.68 london low reopens the 4106.24 asian low
US-Iran / Hormuz headlines can reprice gold via oil at any point in the session
03:03 UTC
Downtrend, compressing after sweep · RSI 49 · price 4,117.00
Lower highs off Asia high, sweep below 4111 reclaimed, tight range.
Mid-Asia session swept the $4,111 London lows to the 4106.24 asia low, then snapped back. Price is now coiled in a 4113.8 range low to 4124.2 range high band beneath lower highs from the 4131.77 asia high. Yesterday's Iran-headline spike to 4155.5 has fully faded as oil stays elevated. RSI(14) is neutral near 49, with price just under both EMAs.
Support: 4,113.80, 4,106.24
Resistance: 4,124.20, 4,131.77
What it said to watch
An M15 close below the 4113.8 range low reopens the 4106.24 asia low; a close beneath that confirms a lower low below the sweep
An M15 close above the 4124.2 range high and the asia lower highs line opens the path to the 4131.77 asia high, near the 50% of the spike fade fib
US-Iran and Hormuz headlines moving oil remain the main intraday driver into the London open
02:46 UTC
Heavy, lower highs since NY spike · RSI 49 · price 4,119.49
Asian range 4106–4132 after low sweep, lower highs.
Gold has given back the whole Iran-headline spike to the 4155.49 NY high as oil stays elevated. The Asia session swept the 4111.68 London low to 4106.24 and reclaimed it. Price now sits mid-range near 4119, between the 4113.76 swing low and the 4124.21 swing high, under a descending line from the 4131.77 Asian high, with RSI(14) neutral near 49.
Support: 4,113.76, 4,111.68, 4,106.24
Resistance: 4,124.21, 4,131.77, 4,155.49
What it said to watch
M15 close above the 4124.21 swing high and descending line breaks the lower-high sequence and puts the 4131.77 Asian high in play
Failure to hold the 4113.76 swing low and the 4111.68 London low reopens the 4106.24 Asian low; a close below it confirms a lower low
Unscheduled US-Iran / Hormuz headlines are the main driver and could materially shift this read
London open is the next session test of the 4106–4132 Asian range
Mid-Asia session, gold dipped through Tuesday's 4111.7 prior low to a 4106.2 session low and was bid straight back above it, a false break so far. The 4124.2 lower high under the 4131.8 session high keeps the fade from Tuesday's US-Iran headline spike to 4155 intact. RSI(14) sits in the mid-40s and price is below both EMAs.
Support: 4,111.70, 4,106.24
Resistance: 4,124.21, 4,131.77
What it said to watch
An M15 close back below the 4111.7 prior low turns the false break into a lower-low continuation toward the 4106.2 session low
A close above the 4124.2 lower high breaks the lower highs trendline and puts the 4131.8 session high in play
US-Iran and oil headlines remain the unscheduled driver that could shift this read before London open
Sweep of prior low reclaimed, capped below lower-high line.
Early Asia swept Tuesday's 4111.7 prior low to a 4106.24 session low and reclaimed it within a bar. Price is now stuck mid-range near 4117, below EMA20, with RSI(14) neutral at 45. Lower highs at the 4131.8 session high and the 4124.2 bounce high still cap price after the US-Iran oil-driven spike to 4155 faded.
Support: 4,111.70, 4,106.24
Resistance: 4,124.21, 4,131.77
What it said to watch
M15 close back below the 4111.7 prior low turns the sweep into a lower low toward the 4106.2 session low
Close above the 4124.2 bounce high breaks the lower-highs line and exposes the 4131.8 session high
Unscheduled US-Iran / oil headlines can override this read; gold is trading inversely to crude
01:47 UTC
Downtrend, lower highs since NY spike · RSI 43 · price 4,118.04
Lower highs from 4155; Asia swept prior low and snapped back.
Asia dipped through Tuesday's 4111.68 prior low to a 4106.24 Asia low and snapped back. That sits inside a lower-high sequence off the 4155 NY spike high, which faded as oil stayed elevated on Iran blockade risk. Price is pinned just under EMA20 below the 4124.21 bounce high, RSI(14) near 43.
Support: 4,111.68, 4,106.24
Resistance: 4,124.21, 4,131.77
What it said to watch
M15 close back below the 4111.68 prior low turns the sweep into a confirmed lower-low
Close above the 4124.21 bounce high and the 4131.77 asia high breaks the lower-high sequence
US-Iran and oil headlines remain the main intraday driver and could materially shift this read
01:31 UTC
Downtrend, lower highs since NY spike · RSI 44 · price 4,118.39
Lower highs from 4155 spike; Asia false break below prior low.
Early Asia session pushed through the 4111.68 prior low to a 4106.24 session low, then reclaimed it within the hour. That is a false break so far, with price back near 4118. The fade from the 4155.49 spike high, set on the US-Iran oil headline during NY hours, is still capped by lower highs at the 4131.77 session high, close to the 50% fib of the move.
Support: 4,111.68, 4,106.24
Resistance: 4,131.77, 4,155.49
What it said to watch
M15 close back below 4111.68 prior low turns the false break into a fresh lower-low
Close above 4131.77 session high breaks the lower-highs line and the 50% fib
US-Iran and Hormuz headlines moving oil could quickly shift this read
01:16 UTC
Downtrend, lower highs through Asia · RSI 31 · price 4,109.05
Lower-high chain from the 4131.77 Asia high, prior low at 4111.68 broken.
The NY spike to 4155.49 on the US-Iran deal report has fully reversed. The Asia session has carved lower highs from the 4131.77 asia high and the 4121.89 swing high, then pushed through yesterday's 4111.68 prior low to a 4106.24 session low as oil-driven hike risk weighs. RSI(14) near 31 is stretched but not yet at an extreme.
Support: 4,106.24, 4,100.00
Resistance: 4,111.68, 4,121.89, 4,131.77
What it said to watch
M15 close back above the 4111.68 prior low would mark the break as a false break
Failure to hold the 4106.24 session low exposes the 4100 round number
Lower-high trendline from the asia high toward the 4121.89 swing high caps the bounce; a close above it breaks the lower-high chain
US-Iran and Hormuz headlines moving WTI could materially shift this read during Asia hours
01:04 UTC
Downtrend, lower highs through Asia · RSI 38 · price 4,113.32
Lower-high sequence pressing the prior-day low; Asian range 4111.9–4131.8.
Gold has fully faded the US-Iran headline spike to 4155.5. Elevated oil keeps Fed-hike risk alive, and early Asia has printed lower highs at the 4131.8 asian high and the 4121.9 swing high. Price is back retesting the 4111.7 day low from London, with RSI(14) near 38 and price below both EMAs.
Support: 4,111.70, 4,100.00
Resistance: 4,121.90, 4,131.80
What it said to watch
M15 close below the 4111.7 day low confirms a lower-low and puts the 4100 round number in play
Close back above the 4121.9 swing high breaks the Asian lower-high trendline
Reclaim of the 4131.8 asian high, near the 38.2–50% spike retrace, invalidates the fade read
US-Iran or Hormuz headlines moving oil could shift this read abruptly during Asia hours
00:47 UTC
Heavy below the NY spike high, lower highs · RSI 47 · price 4,119.79
Lower highs from 4155.5; flat lows at 4111.7 retested in Asia.
In the early Asia session, gold tagged the 4111.7 day low (London's low) a second time and held, printing a higher low at 4116.1. Price is back near 4120, just under EMA20, with RSI(14) neutral at 47. Lower highs since the 4155.5 spike high on the US-Iran headline keep a descending trendline near 4124 capping. The ny range top at 4126.9 and the asia high at 4131.8 sit above.
Support: 4,116.10, 4,111.70
Resistance: 4,126.90, 4,131.80, 4,155.50
What it said to watch
M15 close below the 4111.7 day low breaks the double-tested floor and extends the lower-low sequence
Loss of the 4116.1 higher low returns price to the day low
Close above the descending trendline and the 4126.9 ny range top brings the 4131.8 asia high and the 38.2% spike fib near 4128.6 into view
US-Iran and Hormuz headlines via oil can override the structure intraday; the 4155.5 spike high marks the extent of the last headline move
Gold spiked to the 4155.5 ny high on the US-Iran report, then faded the whole move back into the 4120s as oil stayed elevated. Early Asia rejected at the 4131.8 asia high and slid back to the 4111.7 day low, which has now held twice. The bounce is stalling at ema20 near 4120.5, with RSI(14) at 45 and ATR around $4.2.
Support: 4,111.70
Resistance: 4,120.50, 4,131.80, 4,155.50
What it said to watch
M15 close below the 4111.7 day low confirms a lower-low and breaks the double-tested base
Close above the 4131.8 asia high breaks the lower-highs sequence
Reclaim of the 4155.5 ny high would negate the spike-fade read
US-Iran and Hormuz headlines moving oil remain the main intraday swing factor for gold
Lower highs off the 4131.8 Asia high into a retest of the 4111.7 day low.
Early Asia session: gold opened near 4127, tagged a 4131.8 Asia high, then slid to retest Tuesday's 4111.7 day low, which held on the 00:00 UTC bar. Yesterday's NY spike high at 4155.5 on US-Iran deal headlines fully unwound as oil stayed elevated. Price sits below both EMAs and under the 38.2% Asia leg fib (~4119.5), with RSI(14) near 44.
Support: 4,111.70, 4,100.00
Resistance: 4,125.30, 4,131.80, 4,155.50
What it said to watch
M15 close below the 4111.7 day low exposes the 4100 round number
Reclaim of the 4125.3 prior close (61.8% of the Asia leg fib) negates the lower-high sequence
Asia high at 4131.8 caps the session; a break returns price to the middle of yesterday's range
US-Iran / Hormuz headlines driving oil could materially shift this read; Jobless Claims Thu 12:30 UTC vs 200K