XAU/USD AI Live Scan, 1-hour chart, Tuesday, 22 September 2026
Every read JAFX AI made on the XAU/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:07 UTC
Corrective rebound inside a broader range · RSI 59 · price 4,362.98
Higher lows off the week low, still under lower highs.
Gold printed the week low at 4291.61 during Tuesday's European hours as the 10-year pushed back toward 5% and DXY held above 100.00, then recovered through the NY session in a sequence of higher lows to 4362.98. Price is back above the ema20 near 4346 with EMA20 just crossing back over EMA50, and RSI(14) has cycled from the low 30s to 59. The chain of lower highs from 4399.53 is still intact, and the 4400 range cap that rejected twice remains the ceiling of the weekly range.
Support: 4,346.00, 4,322.00, 4,291.61
Resistance: 4,376.03, 4,400.00
What it said to watch
H1 close above the 4376.03 prior high would extend the recovery toward the 4400 range cap
Loss of the 4322 swing low would put the 4291.61 week low back in play
A close back under the ema20 near 4346 neutralises the higher-lows sequence
US flash PMIs Wed 13:45 UTC and Fed's Barr at 14:05 UTC could materially shift this read
Lower highs from Monday's high, higher lows since the week low.
Gold opened the week at 4375 and drifted lower for two sessions as hawkish Fedspeak held DXY above 100 and Hormuz de-escalation trimmed the haven premium, flushing to a week low of 4291.61 in Tuesday's London hours before the NY session absorbed the move and reclaimed the 4343 ema20/50 confluence. Since that low the tape has printed higher lows into 4315.03 and pushed back to a session high of 4371.23, leaving the break below the 4316 shelf looking like a false break. RSI(14) has cycled from the low 30s back to 58.7 without reaching the week high at 4383.36, so the lower-high sequence off Monday is still intact.
Support: 4,343.00, 4,315.03, 4,291.61
Resistance: 4,371.23, 4,383.36, 4,400.00
What it said to watch
US S&P Global flash PMIs Wed 13:45 UTC plus Fed's Barr at 14:05 UTC — the only high-impact prints and capable of resetting this read within hours
Hourly close above the 4383.36 week high would break the lower-high sequence and put the 4400 range cap in play
Loss of the 4343 ema20/50 confluence would return focus to 4315.03 and the 4291.61 week low
A retest of 4291.61 that fails to hold confirms a lower low and voids the higher-low structure
21:08 UTC
Week's downtrend stalling, recovery off the low · RSI 58 · price 4,358.35
Lower highs from the weekly open into a 4291 low, now a sequence of higher lows back above EMA(20).
Gold opened the week near 4375 and spent Monday building lower highs — 4383 week high, then a failure at 4376 — before the London session on Tuesday sold it down to a 4291.6 week low as Treasury yields firmed and hawkish Fedspeak kept the October hike priced. The NY session reversed most of that, with a sequence of higher lows off 4291.6 lifting price back through EMA(20) near 4336 into the 4358 close; RSI(14) has cycled back to the high-50s from oversold at the low. The broader 4291–4383 range remains intact beneath the twice-rejected 4400 range cap.
Support: 4,336.00, 4,322.00, 4,291.60
Resistance: 4,376.00, 4,383.40, 4,400.00
What it said to watch
H1 close above 4376 prior high would end the week's lower-high sequence and put 4383 week high back in play
Loss of 4322 swing low would negate the higher-low recovery and reopen the 4291 week low
Failure to hold EMA(20) near 4336 on a pullback weakens the reclaim
US flash PMIs Wed 13:45 UTC and Fed's Barr 14:05 UTC are the events most likely to reset this range read
20:04 UTC
Downtrend since Monday, momentum rolling back up off the week low · RSI 59 · price 4,363.96
Lower highs capping, higher lows since the 4291.6 week low.
Gold has ground lower since Monday's open as hawkish Fedspeak held DXY above 100.00, bottoming at the 4291.6 week low in the European session before dip demand rebuilt through NY hours. That recovery has traced higher lows and reclaimed the EMA20 near 4341, retracing most of Monday's drop, with RSI(14) back near 59 from oversold territory. The sequence of lower highs off the 4383.4 Monday high is still intact, and price is now parked at the 4371.2 session high.
Support: 4,341.00, 4,321.80, 4,291.60
Resistance: 4,371.20, 4,383.40, 4,400.00
What it said to watch
An H1 close above the 4383.4 monday high would break this week's lower-high sequence, with 4400 psych the next cap
Loss of the 4321.8 session low would put the 4291.6 week low back in play and negate the higher-low recovery
Failure to hold the 4341 ema20 on a pullback would weaken the recovery read
US flash PMIs Wed 13:45 UTC are the week's highest-impact data and could materially shift this structure
18:04 UTC
Downtrend on the week, corrective bounce in progress · RSI 52 · price 4,348.64
Lower highs from Monday's open, but intraday higher lows since the London low.
Gold opened the week near 4375 and has since ground lower, with the late-Asia into London leg on Tuesday breaking Monday's base and printing the week low at 4291.6 before a sharp rejection of that level — hawkish Fedspeak and a DXY holding above 100.00 the stated driver. The NY session has recovered roughly two-thirds of that drop, reclaiming EMA(20) at 4337.8 and stalling into the 4352.9 session high, with RSI(14) back to ~51 from deeply washed-out readings. Lower highs at the 4383.4 week high and the 4376.0 day high still frame the week, while a series of higher lows has built off the London low.
Support: 4,337.80, 4,315.00, 4,291.60
Resistance: 4,352.90, 4,376.00, 4,383.40
What it said to watch
H1 close above the 4352.9 session high would put the 4376.0 day high back in play and challenge the lower-highs read
Loss of the 4315.0 swing low breaks the intraday higher-lows sequence and reopens the 4291.6 week low
A close back under EMA(20) at 4337.8 would mark the bounce as corrective within the weekly downtrend
US S&P Global flash PMIs Wed 13:45 UTC plus Fed's Barr are the week's highest-impact prints and could reset this structure
Lower highs have defined the week since Monday's session open: 4383 gave way to 4371 in Tuesday's Asian hours before the Europe session sold down to 4291, the week low, with a sharp recovery back into the 4330s. Price now sits pinned between EMA20 at 4335 and the ema50 at 4341, RSI(14) back at the midline, the metal still capped by the 4400 ceiling that rejected Friday's rally as a hawkish Fed and DXY above 100.00 keep rebounds shallow. Hormuz de-escalation headlines drained the geopolitical premium from the bounce but also cushioned the low.
Support: 4,321.00, 4,235.00
Resistance: 4,341.00, 4,369.00, 4,400.00
What it said to watch
The 4321 minor low has been defended three times in the NY session; losing it re-opens the 4291 week low
Hourly closes rejected at the 4341 ema50 keep the lower-high sequence intact; a close above 4369 tue high breaks it
A sustained break under 4291 puts the 4235 post-fed low back in the frame
US flash PMIs Wed 13:45 GMT and Fed's Barkin at 17:00 GMT could materially shift this read
Sequence of lower highs and lower lows inside the wider 4290–4400 range; bounce off 4291 stalling under EMA20.
Gold has printed lower highs all week — 4383 on Monday, 4376 into the Tuesday London session, then only 4343.9 on the latest attempt — with the European session break taking price to a week low at 4291.61 before a sharp recovery. The hawkish Fedspeak chorus and a DXY holding above 100.00 have capped every rebound, while Iran's Hormuz reopening offer trimmed the geopolitical premium into the drop. Price is now pinned just under the H1 EMA20 near 4334 with RSI(14) in the low 40s, so the bounce has yet to reclaim the pivot it lost during the NY session.
Support: 4,315.20, 4,291.61, 4,235.00
Resistance: 4,334.00, 4,343.90, 4,376.00
What it said to watch
An hourly close back above 4334 (ema20) and then the 4343.9 day high would end the lower-high sequence
Loss of the 4315 session low re-exposes the 4291.61 week low and, beyond it, the 4235 post-fed low
US S&P Global flash PMIs Wed 13:45 GMT (Services f/c 56, Mfg f/c 53.5) and Fed's Barr after are the next material risk to this range read
Fed's Barkin at 17:00 GMT falls in the next bar period and could extend the NY-session swings
Lower highs, lower lows; 4315-4344 consolidation after the 4291 low.
Two straight sessions of lower highs since Monday's Asia open: Monday's 4383 print gave way to a 4376.03 day high on Tuesday, and NY hours sliced through 4315 to a 4291.61 day low as hawkish Fedspeak kept DXY consolidating above 100.00. Price then bounced roughly 45 dollars on Iran's Strait of Hormuz reopening headlines, but the recovery has stalled beneath EMA20 at ~4335 with EMA50 at ~4342 just above, leaving the last five hours coiled in a 4315-4344 consolidation. RSI(14) at 41 never reached oversold on the flush, so the decline has been orderly rather than capitulatory.
Support: 4,315.20, 4,291.61
Resistance: 4,334.70, 4,341.60, 4,376.03
What it said to watch
An H1 close above the 4342 ema50 would break the lower-high sequence running from Tuesday's day high
Failure to hold the 4315 intraday low reopens the 4291.61 day low
US S&P Global flash PMIs Wed 13:45 UTC are the week's main data event and can reset this consolidation in either direction
Fed's Barkin at 17:00 UTC is the nearest headline risk to the current range
14:04 UTC
Downtrend, second session lower, bounce off today's low · RSI 43 · price 4,333.85
Lower highs since Friday's 4399 rejection, higher lows forming off 4291.
Friday's rally stalled at 4399 and price has trended lower for two sessions since, capped all week by the hawkish Fed repricing and DXY holding above 100.00. The London session drove today's flush to 4291 before Iran's Strait of Hormuz proposal fuelled a recovery to 4334, leaving price pinned just under EMA(20) and well below the ema50 around 4350. RSI(14) at 43 has lifted off the low-30s without reclaiming 50, and the last five bars are compressing between the session low at 4316 and the session high at 4344.
Support: 4,316.00
Resistance: 4,344.00, 4,376.00
What it said to watch
Hourly close back above the ema50 near 4350 would break the lower-highs sequence off the 4376 mon high
Loss of 4316 session low re-exposes today's low at 4291
US flash PMIs Wed 13:45 UTC (Services f/c 56, Mfg f/c 53.5) are the main scheduled risk to this range read
Fedspeak today — Williams 14:05, Jefferson 14:20, Barkin 17:00 UTC — can move the read within the next few bars
Lower highs / lower lows inside a wide weekly range.
Second consecutive lower session: Monday's push to 4383 failed, and today's Asian-hours rally to the 4376 day high was rejected before the European session drove price to a 4291 day low — a firm dollar and hawkish Fedspeak behind the slide, which stalled once Iran floated reopening the Strait of Hormuz. Price has recovered to 4333 but still sits under the 4336 ema20 and the H1 EMA50 near 4343, with RSI(14) back to 47 after basing in the low 30s at the lows. The sequence of lower highs since Monday's open is intact and price remains framed by the 4250 range floor and the 4400 range top that has capped every rebound this week.
Support: 4,316.00, 4,250.00
Resistance: 4,336.20, 4,376.00, 4,400.00
What it said to watch
Hourly closes back above the 4336 ema20 and the 4343 EMA50 would break the lower-high sequence running since Monday
Failure to hold the 4316 swing low confirms continuation toward the 4291 day low and the 4250 range floor
US flash PMIs Wed 13:45 UTC, plus Williams (14:05), Jefferson (14:20) and Barkin (17:00) today, could materially shift this read
A reclaim of the 4376 day high would put the 4400 range top back in play
12:04 UTC
Downtrend, stabilising after flush · RSI 35 · price 4,322.80
Lower highs since Monday, price below EMA20/EMA50, holding above 4315.
A sequence of lower highs since Monday's Asia open has pinned price under EMA(20) at 4335 with EMA(50) at 4343 capping every attempt; the tue high at 4376 was rejected early in Europe before the slide to 4291.61. That flush undercut Monday's low and was bought back within two bars — a false break that leaves the 4315 swing low as the nearest reference, with the 50–61.8% retracement of the tue slide sitting directly on the two EMAs. Hawkish Fedspeak and DXY consolidating above 100.00 framed the offered tone, while the Hormuz reopening headline trimmed haven premium.
Support: 4,315.20, 4,291.61, 4,235.00
Resistance: 4,342.90, 4,376.03
What it said to watch
An H1 close above EMA(50) at 4343 would break the lower-high sequence off the tue high
Failure to hold the 4315 swing low reopens the 4291 tue low, with the 4235 six-wk base the next structural reference
Fed speakers Williams 14:05 and Jefferson 14:20 UTC land inside the next two bars and could reshape this read
11:04 UTC
Downtrend, bounce off the lows · RSI 42 · price 4,321.48
Lower highs, lower lows inside the 4300-4400 post-FOMC range.
Gold opened the week near 4375 and has traded lower every session since, with the Monday high at 4383.36 and Tuesday's 4376.03 stacking lower highs while Monday's 4322.77 low gave way to 4291.61 in the London session — a second straight daily decline as hawkish Fedspeak and DXY above 100.00 capped rallies. The sub-4300 dip was immediately reclaimed, leaving a false break below the round number and a bounce that stalled at the EMA20 near 4336. RSI(14) at 42 is mid-range rather than oversold, and price is trading below both EMA20 and EMA50.
Support: 4,300.00, 4,291.61
Resistance: 4,336.00, 4,376.03, 4,383.36
What it said to watch
Hourly close back above the 4336 ema20 would break the sequence of lower highs; 4376.03 tue high is the next reference
Failure to hold 4291.61 day low re-exposes the 4250 area base
Rejection at the lower-highs line running from the 4383.36 week high keeps the downtrend read intact
Fed's Williams (14:05 UTC) and Jefferson (14:20 UTC) today, then US flash PMIs Wed 13:45 UTC, can materially shift this read
10:05 UTC
Downtrend, momentum stalling after the 4300 flush · RSI 47 · price 4,336.02
Lower highs and lower lows since Monday's open, 4300 briefly lost and reclaimed.
Gold has been offered for a second session since the weekly open at 4375.23, with the 4383.36 week high capping Monday's first hours and hawkish Fedspeak (Musalem) keeping yields and the dollar firm. The European hours of Tuesday cut through the 4322.77 Monday low and briefly lost the 4300 round number, printing 4291.61 before the move was reclaimed in a single hour — a false break rather than acceptance below the handle. Price is now pinned just beneath the EMA(20) near 4340, with the EMA(50) around 4344 and RSI(14) recovering to 47 from the low-30s.
Support: 4,322.77, 4,300.00, 4,291.61
Resistance: 4,340.00, 4,375.23, 4,383.36
What it said to watch
An H1 close above the 4340 ema20 / 4344 area would break the sequence of lower highs into Monday's open
A reclaim of the 4375.23 weekly open would negate this week's lower-high structure entirely
Renewed acceptance below the 4300 round number and the 4291.61 tues low confirms continuation of the decline
US flash S&P Global PMIs Wednesday 13:45 GMT, plus Williams/Jefferson/Barkin today, can materially reset this read
Stair-step lower highs into a fresh lower low, recovered same hour.
Gold has printed a clean sequence of lower highs since Friday's 4399.53 week high, with every bounce capped at or below the H1 EMA(20) and Monday's attempt stalling at the 4376.03 day high. The London session flushed through the 4322.77 prior low to 4291.61 before closing back above 4322.77 in the same bar — a false break that unwound the whole move, consistent with the hawkish-Fedspeak grind described for the week rather than a fresh impulse lower. RSI(14) near 42 held above its earlier trough while price made the lower low, and price is still below both EMA(20) and EMA(50).
Support: 4,322.77, 4,291.61, 4,257.20
Resistance: 4,338.00, 4,376.03, 4,399.53
What it said to watch
Hourly acceptance back below 4322.77 would negate the false break and re-expose the 4291.61 session low
Reclaiming the ema20 near 4338 and then 4376.03 day high is the condition for the lower-high sequence to break
A sustained slide under 4291.61 puts the 4257.20 fomc low band back in play
US flash S&P Global PMIs Wed 13:45 UTC and today's Fed speakers (Williams, Jefferson, Barkin) can materially reset this range read
Failure at the week high 4399.53 remains the cap on any recovery leg
Lower highs since the 4399 peak; 4322 shelf broken, fresh lower low.
Gold has printed successive lower highs since the 4399 print late last week, with each bounce this week capped ahead of the 4376 prior high and pullbacks no longer reclaiming the H1 EMA20 near 4340. The 4322 prior low that defined Monday's floor gave way through the Asia session into early London, extending to 4299 as hawkish Fedspeak kept the dollar bid despite softer Treasury yields. RSI(14) near 29 is oversold and ATR has widened, so the move is stretched rather than balanced.
Support: 4,280.00, 4,257.20, 4,235.03
Resistance: 4,340.00, 4,376.03
What it said to watch
Failure to hold 4280 prior shelf opens the 4257 swing low and the 4235 week low
An hourly close back above 4322 prior low, and then the 4340 ema20, would invalidate the lower-low read
Fed speakers later today (Williams, Jefferson, Barkin) and US flash PMIs Wed 13:45 UTC are the near-term repricing risks for this structure
Lower highs since Monday's high, fresh week low printed.
Gold opened the week near 4375 and has trended lower ever since, with Monday's 4383 high unmatched and Tuesday's Asian bounce rejected at the 4376 day high. Early European hours took out Monday's 4322 base, printing a fresh week low at 4315.20 with price now capped below the H1 EMA20 near 4343.50 and the 4350 pivot the context flags as repeatedly unreclaimed. RSI(14) at 36.5 sits in the lower half of its weekly cycle without yet reaching oversold, the leg down coinciding with hawkish Fedspeak keeping the dollar bid.
Support: 4,315.20, 4,300.00
Resistance: 4,343.50, 4,350.00, 4,376.03
What it said to watch
Failure to hold 4315.20 opens the 4300 round number as the next shelf
An hourly close back above the 4343.50 ema20 and the 4350 pivot would neutralise the lower-high sequence
Fedspeak at 14:05, 14:20 and 17:00 UTC plus the 12:15 UTC ADP average can shift this read within the session
Wednesday's US flash PMIs are the week's main event risk for this structure
Sequence of lower highs and lower lows under EMA20/EMA50.
Gold opened the week near 4375 and has traced a clean series of lower highs — 4383.36 on Monday's European session, then 4376, then 4365 — with hawkish Fedspeak keeping the Dollar bid into the NY session. The EMA20 around 4347 has capped every pullback attempt for the last twelve bars, and the Asia session just broke the 4335 shelf to probe 4316.47, the week low, before closing back at 4323. RSI(14) at 36 is at the lower end of its weekly cycle but not yet stretched.
Support: 4,316.47, 4,300.00
Resistance: 4,347.00, 4,365.13, 4,383.36
What it said to watch
Hourly close back above the 4347 ema20 would neutralise the lower-high sequence
Failure to hold 4316.47 week low exposes the 4300 psych handle
A reclaim of 4365.13 prior high is needed to invalidate the downtrend read
US S&P Global flash PMIs Wed 13:45 UTC could materially reset this structure
05:05 UTC
Corrective drift lower inside a broader range · RSI 46 · price 4,342.09
Lower highs against higher lows off 4322 — contracting range.
Gold opened the week at the 4375 weekly open and has leaked lower since, with the Monday NY session driving the flush to the 4322.77 Monday low before a bounce back toward 4370 stalled. Price now sits under the H1 EMA(20) near 4349 with RSI(14) in the mid-40s, the post-FOMC hawkish repricing and firm dollar keeping bullion pinned in the 4320–4400 band. Two attempts above the 4375 weekly open have been rejected while the 4335 session low has so far held, compressing the range.
Support: 4,335.10, 4,322.77
Resistance: 4,349.00, 4,375.23, 4,383.36
What it said to watch
An H1 close above the 4375 weekly open, then the 4383 monday high, breaks the lower-high sequence
Loss of the 4335 session low puts the 4322.77 monday low back in play
Reclaiming the ema20 near 4349 is the first sign the corrective drift is stalling
S&P Global US PMIs Wed 13:45 UTC is the main scheduled risk to this range read; Fed speakers Williams and Jefferson land in NY hours today
04:03 UTC
No trend, rangebound with lower highs · RSI 45 · price 4,340.67
4322-4383 range, capped below EMA20/EMA50.
Gold opened the week near 4375 and has spent two sessions grinding lower, with Monday's NY hours producing the 4322.77 monday low after hawkish Fedspeak (Musalem) reinforced the post-FOMC dollar recovery. The Asia-session bounce stalled at 4376.03 — a clear lower high versus the 4383.36 week high — and price has slipped back under EMA20 near 4349, keeping the whole move inside a 4322-4383 range. RSI(14) around 45 with the 4337.5 swing low area holding on three separate probes.
Support: 4,337.50, 4,322.77, 4,300.00
Resistance: 4,349.00, 4,376.00, 4,383.36
What it said to watch
Hourly close above 4376 prior high, then 4383.36 week high, invalidates the lower-highs read
Loss of 4337.5 swing low and then the 4322.77 monday low confirms a lower low and opens the 4300 round number
Reclaiming EMA20 near 4349 and holding would neutralise the drift lower
US S&P Global flash PMIs Wed 13:45 GMT are the week's key catalyst and could break this range; Fed speakers today (Williams, Jefferson, Barkin) a nearer risk
Gold opened the week just under Friday's close near 4375 and has traded a lower-high sequence since, with the Monday NY session doing the damage — a slide to the 4322.77 monday low as hawkish Fedspeak (Musalem) extended the post-Fed dollar recovery. The Asia-session bounce stalled at 4376.03, just shy of the 4383.36 week high, and price has since slipped back beneath EMA20 around 4352 with RSI(14) in the low 40s. Structure is a contracting range: supply at the prior hi, demand stepping in above the monday low.
Support: 4,339.21, 4,322.77
Resistance: 4,352.00, 4,376.03, 4,383.36
What it said to watch
H1 close above 4376.03 prior hi would break the lower-high sequence and re-open 4383.36 week high
Failure to hold 4339.21 intraday low, then 4322.77 monday low, confirms a lower low and voids the range read
Reclaiming EMA20 near 4352 on a closing basis is the first sign the corrective leg is done
S&P Global PMIs Wed 13:45 GMT are the week's only high-impact release and could materially shift this read
Range between 4322 and 4400, lower highs since Monday.
Since Monday's open at 4375 gold has drifted lower in a series of lower highs, with the NY session low at 4322.77 marking the base of this week's range before the Asia session bounce stalled at the 4376 asia high. Hawkish Fedspeak (Musalem) and the firmer dollar capped the rebound off the post-Fed low at 4235, and price is now pinned on the EMA20 near 4351 with RSI(14) mid-40s and no momentum extreme. Below, the swing low at 4338.8 and monday low at 4322.77 are the levels that have contained supply so far; above, the monday high at 4383.36 and week high at 4399.53 define the cap.
Support: 4,350.80, 4,338.80, 4,322.77
Resistance: 4,376.03, 4,383.36, 4,399.53
What it said to watch
H1 close above 4383.36 (monday high) would break the lower-highs sequence and reopen the 4399.53 week high
Loss of 4322.77 (monday low) on a closing basis confirms a lower low and puts the 4235 post-Fed low back in scope
Sustained trade back below the EMA20 near 4351 keeps the corrective read intact
US flash PMIs Wed 13:45 GMT (Services f/c 56, Mfg f/c 53.5) is the week's main event risk for this range
Lower highs off Monday's high, higher lows off 4322.
Monday opened at 4375.23, marked the monday high at 4383.36 in the Asia-London handover, then bled through the London and NY sessions to a monday low of 4322.77 as Musalem's hawkish remarks extended the post-Fed dollar recovery. The Asia session Tuesday has retraced roughly 85% of that decline, tagging 4376.03 before stalling right under the weekly open, and price now sits at 4360.44, back above the ema cluster at 4353-4355 where EMA20 and EMA50 are compressed. RSI(14) near 54 is mid-range, matching the 4322-4383 boundaries the week has respected so far, with the 4339 ny shelf the first pullback reference.
Support: 4,353.00, 4,339.00, 4,322.80
Resistance: 4,375.20, 4,383.40, 4,400.00
What it said to watch
Hourly close above 4383.4 monday high would end the lower-high sequence and open the 4400 psych area
Loss of the 4339 ny shelf and then the 4322.8 monday low would confirm a lower low
Failure to reclaim the 4375.2 weekly open keeps the week's range read intact
Fed's Williams, Jefferson and Barkin Tuesday, then S&P Global PMIs Wed 13:45 GMT, can materially reset this range
Lower highs from 4399.53, higher low off 4322.77; price back in upper half of range.
Monday's session opened at the 4375.23 weekly open and leaked lower through London and NY, with hawkish Fedspeak (Musalem) pushing gold off the 4383.36 monday high to a 4322.77 monday low before the 4343.80 monday close. The Asia session Tuesday has retraced roughly three-quarters of that drop, reclaiming EMA20 near 4355 and the weekly open with RSI(14) back at 53. The chain of lower highs from the 4399.53 prior high is still in place, so the 4320-4400 band that has framed the whole post-FOMC recovery holds for now.
Support: 4,355.00, 4,343.80, 4,322.77
Resistance: 4,375.23, 4,383.36, 4,399.53
What it said to watch
An H1 close above the 4383.36 monday high would invalidate the range read and put the 4399.53 prior high back in play
Failure to hold the 4322.77 monday low would confirm a lower low and break the range floor
Losing EMA20 near 4355 on a pullback would push price back toward the 4343.80 monday close
Fed's Williams/Jefferson/Barkin speak Tuesday and S&P Global flash PMIs Wed 13:45 GMT are the only scheduled catalysts capable of materially shifting this structure