XAU/USD AI Live Scan, 1-hour chart, Tuesday, 23 June 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.
23:02 UTC
Downtrend, extended · RSI 37 · price 4,102.59
Lower highs and lower lows, sub-4100 break.
Gold has trended lower all week from the 4382 high, with the break below 4100 accelerating after US PMIs beat across the board and the USD pushed to ~1yr highs, reinforcing higher-for-longer Fed pricing. Price sits below both EMA20 and EMA50 with RSI(14) around 36, and rallies into the 4145 swing high have capped through the NY session. The 4090 swing low is the immediate floor with 4025 (2026 lows) the next downside reference.
Support: 4,025.00
Resistance: 4,144.95
What it said to watch
H1 close back above 4145 would challenge the lower-high sequence
Loss of 4090 swing low opens the path toward 4025
Core PCE Thu 12:30 UTC could materially shift this read
Gold has trended lower all week from Monday's ~4382 high, with the dominant leg down printing in the Monday open before a steady grind through the NY sessions. Price slipped below the 4100 psych level into yesterday's NY hours and is pinned beneath EMA20/EMA50 with RSI(14) suppressed near 40. The 4090-4145 band has acted as a recent consolidation shelf; the move sub-4100 follows beat US PMIs and a USD at ~1yr highs reinforcing higher-for-longer pricing.
Support: 4,090.00, 4,025.00
Resistance: 4,100.00, 4,145.00
What it said to watch
Hourly close back above 4145 (ema20) would soften the breakdown read
Failure to reclaim the 4100 psych keeps the 4090 swing low and 4025 in focus
Thursday 12:30 UTC Core PCE could materially shift this read
Lower highs and lower lows; basing above week low.
Gold has trended lower all week from the $4,380 spike, with the USD at ~1yr highs and PMI beats reinforcing higher-for-longer Fed pricing; the break below $4,100 confirmed the bearish leg. Price is now consolidating in a tight 4090–4145 band after tagging the week low at 4090.88, holding below EMA20 and EMA50 with RSI(14) mid-range near 43. Two bounce attempts this week stalled into the $4,200 supply band and Monday's 4220.96 rejection high.
Support: 4,090.88
Resistance: 4,145.00, 4,200.00, 4,220.96
What it said to watch
Hourly close back above 4145 reopens the path toward the 4200 supply band
Loss of 4090.88 swing low confirms a fresh lower-low toward the $4,025 zone
Core PCE Thu 12:30 UTC is the key catalyst that could materially shift this read
Gold has bled lower all week, with Monday's rejection at 4220 giving way to a steady slide that broke the 4100 handle into the prior NY session as the USD held ~1yr highs and PMIs beat. Price probed 4090 then clawed back to 4110, but it remains pinned below EMA20 (~4120) and EMA50, keeping the lower-high, lower-low structure intact. RSI(14) sits in the low 40s with no bullish divergence on the recent low.
Support: 4,025.00
Resistance: 4,120.00
What it said to watch
An hourly close back above 4144 this-wk high would challenge the run of lower highs
Failure to hold 4090 swing low opens the path toward the 4025 2026 lows
Core PCE Thursday 12:30 UTC is the week's key catalyst and could materially shift this read
Gold has trended steadily lower all week, sliding from the 4380 area to a sub-4100 print as the USD hit a one-year high and US S&P Global PMIs beat across the board, reinforcing the hawkish-Fed read. Price broke the 4100 pivot during the NY session and is consolidating just above the 4090 week low, capped on bounces by 4144. RSI(14) sits in the low 40s and price holds below both EMA(20) and EMA(50), with each pullback into the moving averages selling off.
Support: 4,100.00, 4,025.00
What it said to watch
Hourly close below 4090 opens the 4025 2026-low region
Reclaim and hold above 4144 would ease the lower-high structure
Core PCE Thu 12:30 UTC is the next pivot and could materially shift this read
Gold has extended its weekly downtrend, slicing below the $4,100 psych pivot after upbeat US S&P Global PMIs and a one-year-high USD stripped the safe-haven bid. A mid-week bounce stalled at 4144 and price has rolled back toward the 4090 swing low, holding below both EMAs with RSI(14) pinned in the low 40s. Lower highs from the 4220 rejection remain intact across the window.
What it said to watch
H1 close below 4090 opens the path toward the 4025 2026-low
Reclaim of 4144 needed to challenge the 4198 prior high
Core PCE Thu 12:30 UTC could materially shift this read
Gold extended its weekly slide, breaking below the $4,100 pivot during the NY session as the USD held a one-year high and hawkish-Fed pricing stayed dominant. Price tagged 4090 then bounced to 4144 before fading back below EMA(20) (~4135), keeping the sequence of lower highs and lower lows intact. RSI(14) sits mid-40s, recovering off oversold but with no bullish divergence on the latest low.
Support: 4,025.00
Resistance: 4,135.00
What it said to watch
H1 close below 4090 opens the 4025 2026-low zone
Reclaim of 4144 needed to challenge EMA20 and the 4190 supply shelf
Core PCE Thu 12:30 UTC could materially shift this read
Lower highs and lower lows, bouncing off the 4090 zone.
Gold has trended lower all week, accelerating through the 4100 psych pivot into the NY session as the USD pressed a fresh one-year high and US PMIs beat. Price sits below both EMA(20) and EMA(50) with RSI(14) hugging the low-40s after the flush to 4090. The bounce off 4090 has stalled near 4144, keeping the lower-high structure intact.
Support: 4,100.00, 4,090.00
Resistance: 4,144.00
What it said to watch
Clean H1 close back above 4144 would break the lower-high sequence
Failure to hold 4090 opens the path toward the 4025 zone flagged by the macro read
Core PCE Thu 12:30 UTC could materially shift this read on the USD
Gold extended its fourth-week downtrend, breaking below $4,100 into the NY session as the USD pressed a one-year high and strong US flash PMIs reinforced the hawkish-Fed narrative. The drop printed a swing low at 4090 before a corrective bounce stalled at the 4144 swing high, and price now trades below both EMA20 and EMA50. The earlier 4220 capped high remains the dominant ceiling for the week.
Support: 4,090.00
Resistance: 4,144.00, 4,200.00, 4,220.00
What it said to watch
H1 close below 4090 confirms a fresh lower-low and opens the path toward the 2026 lows
Reclaim and close above the 4144 swing high would challenge the 4200 prior high
Core PCE Thu 12:30 UTC is the dominant catalyst and could materially shift this read
Gold has trended lower all week off Monday's 4220 rejection, accelerating through 4100 into the NY session as the USD held a one-year high on strong US flash PMIs and the hawkish-Fed narrative. Price tagged a 4090.88 low and is now consolidating in a tight 4100–4140 band, holding well below EMA20 and EMA50. RSI(14) sits in the low 40s with no bounce conviction yet.
Support: 4,090.88, 4,100.00
Resistance: 4,140.44
What it said to watch
H1 close below 4090.88 confirms a fresh lower low and opens the path toward 4025
Reclaim of 4140.44 would challenge the descending lower-high structure
Core PCE Thu 12:30 UTC is the dominant gold catalyst and could reset this read
Gold has trended lower all week, breaking the $4,100 psych level Tuesday before NY-session buyers lifted it back to 4144 — that prior high has since capped the bounce twice. Price sits below EMA(20) and EMA(50) with RSI(14) recovering toward 45 off the 4090.88 week low. The move fits the broader USD-strength narrative after the upbeat S&P Global PMIs; the $4,220 area remains the rejection zone on any extension higher.
Support: 4,090.88, 4,060.00
Resistance: 4,144.95, 4,170.00
What it said to watch
Hourly close back below 4090.88 confirms downtrend continuation toward the 4060 round level
Reclaim and close above 4144.95 prior high opens the path to the 4170 swing high
Core PCE Thu 12:30 UTC is the key inflation read and could materially reprice this move
18:02 UTC
Downtrend, attempting to stabilise · RSI 47 · price 4,130.53
Lower highs and lower lows, basing above week low.
Gold has bled lower all week, sliding from the $4,382 high after Monday's $4,220 rejection and breaking the $4,100 handle into yesterday's NY session as the USD pushed to a one-year high on the hawkish-Fed/US-Iran de-escalation theme. Price found a floor near $4,090 and has since consolidated around $4,130, still pinned below both EMA(20) and EMA(50). RSI(14) has lifted off oversold but stalled near the midline, reflecting a bounce within an intact downtrend.
Support: 4,090.88
Resistance: 4,163.00
What it said to watch
Core PCE Thu 12:30 UTC could materially shift this read
Loss of 4090.88 confirms continuation of the lower-low sequence
H1 close back above 4163 needed to challenge the lower-high structure
$4,100 break holding as resistance keeps near-term bias heavy
17:03 UTC
Downtrend, basing after selloff · RSI 47 · price 4,132.06
Lower highs, lower lows; bounce off week low.
Gold extended its multi-day decline from 4380 into a 4090 week low before stabilising, with price now coiling around 4130 just below a flattening EMA(20). The leg lower accelerated as the USD held a 13-month high and beating US PMIs reinforced the hawkish-Fed read; the 4100 round pivot is the line in the sand, while bounces have so far stalled below the 4144 intraday high. RSI(14) carved a higher low against the 4090 print, a mild bullish divergence, but structure remains lower-high, lower-low.
Support: 4,100.00, 4,025.00
Resistance: 4,180.04
What it said to watch
Sustained H1 close below 4100 opens the 4090 week low and the 4025 2026 lows
Reclaim of 4180 prior high would break the lower-high sequence
Core PCE Thu 12:30 UTC is the week's main gold catalyst and could shift this read
Gold has trended lower all week from the 4382 high, the dominant leg breaking the 4100 pivot to 4090 around the London session before recovering to 4132 — a fourth-week down move as the USD sits at 13-month highs and US PMIs beat. Price holds below EMA20 and EMA50 with RSI(14) cycling in the 40s; the dip under 4100 was reclaimed, leaving it a false break rather than a sustained breakdown. The 4220 rejection zone has capped every bounce attempt this week.
Support: 4,100.00, 4,090.00
Resistance: 4,150.00, 4,198.00, 4,220.00
What it said to watch
Sustained H1 close below 4100 reopens the 4090 week low and the 4025 2026-low area
Reclaim of 4150 needed to challenge the 4198 lower high and 4220 rejection zone
Core PCE Thu 12:30 UTC (f/c 3.4%) is the week's main catalyst and could shift this read
16:02 UTC
Downtrend, bounce off lows · RSI 46 · price 4,139.37
Lower highs, lower lows; sweep of sub-4100 then recovery.
Gold remains in a downtrend off Monday's $4,382 peak, sliding through the broken $4,100 pivot before demand stepped in around $4,090 during the NY session. Price is now grinding back toward the EMA20 near $4,145, which has capped the rebound; today's S&P Global PMI beats reinforced the firm-USD read pressing metals lower. Each prior bounce this week has stalled below $4,200 / $4,220.
What it said to watch
Reclaim of $4,145 EMA20 and a close back above $4,160 would ease the downtrend read
Failure to hold $4,090 swing low opens the path toward the $4,025 2026-low area
Core PCE Thu 12:30 GMT could materially shift this read
14:03 UTC
Downtrend, bouncing off lows · RSI 43 · price 4,137.27
Lower highs, lower lows.
Clean H1 downtrend — price has carved lower highs and lower lows since the slide off $4,380, trading below both EMA(20) and EMA(50). The latest NY session flushed to 4090 before a bounce back toward 4137; the $4,160 EMA(20) and the 4193 prior-support-turned-resistance cap the recovery so far. USD at 13-month highs and fading US-Iran risk remain the backdrop pressuring gold.
Support: 4,100.00
Resistance: 4,160.00, 4,193.00
What it said to watch
US flash PMIs (now) and Core PCE Thursday could materially shift this read
Hourly close above 4160 EMA(20) would soften the lower-high sequence
Failure to hold 4090 confirms continuation lower
Reclaim of the 4100 pivot vs acceleration below it is the near-term tell
Gold has bled steadily lower since Monday's open, with the spike toward 4380 long since unwound and price now carving fresh weekly lows near 4090 below both EMA(20) and EMA(50). The slide accelerated through the NY session as a firm dollar and hawkish-Fed repricing kept bullion offered; a bounce off 4096 stalled at 4133 and faded. RSI(14) sits in the high-30s with price hugging the lows into the print.
Resistance: 4,133.34
What it said to watch
S&P Global PMIs in ~40min could materially shift this read — a beat reinforces the below-200DMA bearish tone
Reclaim of 4133 swing high needed to ease downside pressure
Sustained break below 4090 week low confirms continuation of the lower-low sequence
Gold has trended lower all week off the $4,380 spike highs, with the hawkish Warsh-led Fed and easing US-Iran risk stripping both bids. The $4,200-4,150 consolidation broke down through the NY session, and price has since marked a fresh week low at 4096 before a shallow bounce to 4133. Trading well below EMA20/EMA50 with RSI(14) holding the mid-30s — no bullish divergence yet.
Resistance: 4,133.34, 4,150.00
What it said to watch
S&P Global PMIs in ~80 min could materially shift this read
H1 close back above 4150 would neutralise the breakdown
Failure to hold 4096 confirms continuation of lower lows
Gold has trended lower all week, rolling over from the 4382 spike and breaking the 4150–4136 support shelf into a fresh low at 4090.88. Price is pinned below EMA20 and EMA50 with RSI cycling in the 40s, and the late bounce to 4133 has so far only retested the broken support. The grind reflects the hawkish-Fed/firm-dollar backdrop keeping gold below its 200-DMA.
Support: 4,090.88
Resistance: 4,133.34, 4,150.00
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
H1 close back above 4150 would challenge the lower-high structure
Failure to hold 4090 swing low confirms downtrend continuation
12:02 UTC
Downtrend, fresh lows · RSI 40 · price 4,126.10
Lower highs, lower lows.
Gold extended its slide this week, knifing below the 4150 shelf and printing fresh lows at 4090-4096 through the NY session. Price sits below both EMA20 and EMA50 with RSI(14) near 40 after only a shallow bounce; the digest pins bias bearish below the 200-DMA as a firm dollar and hawkish-Fed repricing weigh on the metal. S&P Global PMIs at 13:45 UTC are the next catalyst.
Support: 4,096.00
Resistance: 4,150.00
What it said to watch
S&P Global PMIs at 13:45 UTC (~under 2h out) could materially shift this read
Loss of 4090 confirms continuation of the lower-low sequence
H1 close back above 4150 would neutralize the breakdown
11:02 UTC
Downtrend, fresh lows · RSI 40 · price 4,120.50
Lower highs, lower lows; recent break below 4136.
Gold has trended lower all week, with the dominant leg unfolding through the NY session as price sliced from the 4220 bounce peak down through the 4136 recent low to print a fresh 4090 low. Price sits well below EMA(20)/EMA(50) with RSI(14) near 40, and a modest bounce off 4090 has stalled into the 4120 area. A hawkish-Fed/firm-USD regime, per the digest, remains the driver capping rallies below the 200-DMA.
Resistance: 4,146.00, 4,193.00, 4,220.00
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
Close below 4090 confirms continuation of the lower-low sequence
Reclaim of 4146 then 4193 would challenge the downtrend structure
Gold remains in a clean H1 downtrend, printing a fresh week low at 4090 before a modest bounce to 4120; price sits below EMA20 and EMA50 with rallies tagging the descending lower-highs line and selling off. The leg lower accelerated through the NY session after rejection at 4198, in line with the hawkish-Fed/US-Iran de-escalation backdrop keeping bullion below its 200-day SMA. RSI(14) near 34 is soft but not yet at an extreme, leaving the $4,200 pivot and 4136 prior-low band as the rejection zone overhead.
Support: 4,090.00
Resistance: 4,136.00
What it said to watch
Hourly close above 4136 would challenge the lower-highs structure
Failure to hold 4090 confirms continuation of lower lows
S&P Global PMIs 13:45 UTC could materially shift this read
Gold extended its downtrend through the week, breaking the 4136 prior low into the NY session and printing a fresh swing low at 4090 before a modest bounce to 4129. Price trades well below the EMA20 (~4168) with RSI(14) in the high-30s after the slide, while the 4200 pivot capped the earlier consolidation. US-Iran de-escalation and a hawkish Fed read keep the tape heavy.
Resistance: 4,136.00, 4,168.00, 4,200.00
What it said to watch
H1 close back above 4136 negates the breakdown read
S&P Global PMIs at 13:45 UTC could materially shift this read
Failure to hold 4090 confirms a lower-low extension
Gold extended its downtrend through the NY session, breaking the $4,136 prior low to print fresh lows near $4,090 — consistent with the hawkish-Fed, US-Iran de-escalation macro read. Price sits well below both EMA20 and EMA50 with RSI in oversold territory after the latest leg lower. The $4,200 pivot capped the relief bounce earlier in the window before supply resumed.
Resistance: 4,146.00
What it said to watch
Recovery above the 4146 broken-low zone would ease the downside read
S&P Global PMIs at 13:45 UTC could materially shift this read
Failure to hold the 4090 swing low opens the path lower
09:03 UTC
Downtrend, extending · RSI 31 · price 4,106.29
Lower highs, lower lows; fresh weekly low.
Gold has trended lower all week, with the early pop to $4,380 on Iran fears fully reversed under a hawkish-Fed-driven firm USD. The NY session drove a fresh leg down, breaking the $4,136 prior low into a fresh weekly low near 4090, with price holding well below the H1 EMA(20) around 4165. RSI(14) is pressed into oversold territory as the slide accelerates.
Support: 4,090.00
Resistance: 4,136.00, 4,165.00
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
Reclaim of 4136 prior low would ease the downside pressure
Core PCE Thu 12:30 UTC is the next major risk event
09:03 UTC
Downtrend, accelerating · RSI 31 · price 4,106.29
Lower highs, lower lows; fresh week lows.
Selling resumed through the NY session yesterday and into the London session today, breaking the $4,136 level that had defined the week's basing range and pressing fresh week lows near $4,090. Price sits well below EMA(20) and EMA(50) with RSI(14) in oversold territory, reflecting the hawkish-Fed USD strength that has driven gold's third weekly decline. The early-week spike to $4,380 on Iran fears has fully unwound.
Support: 4,090.88
Resistance: 4,136.00
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
H1 close below 4090.88 confirms continuation of the lower-low sequence
Reclaim of 4136 would neutralise the breakdown read
08:02 UTC
Downtrend, accelerating into lows · RSI 27 · price 4,097.62
Lower highs, lower lows; fresh weekly low.
Gold has rolled over since the NY session yesterday, slicing through the $4,136 line-in-the-sand and printing a fresh one-week low near $4,097 as the hawkish-FOMC USD bid stays firm. Price sits well below EMA(20) and EMA(50) with RSI(14) pressed into oversold; the bounce attempts toward $4,193–4,205 this week have all faded into lower highs. The break below $4,136 marks an extension of the established downtrend rather than a reversal.
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
Sustained loss of $4,096 session low risks downside acceleration
An hourly reclaim of $4,136 prior low would neutralise the breakout
Gold has stair-stepped lower all week, with the early pop toward 4382 on Iran fears fully reversed as the hawkish FOMC and Warsh tone kept the USD bid. Price broke the 4136 prior low and extended into the latest sessions to a fresh low at 4096, RSI(14) sub-30 and price well below EMA20/EMA50. The 4136 level that capped the prior base now sits overhead as resistance.
Resistance: 4,136.00
What it said to watch
S&P Global PMIs today 13:45 UTC could materially shift this read
Reclaim of 4136 prior low would ease the downside pressure
Gold has been heavy all week, dropping from the 4382 swing high in an accelerating slide and rolling over again into the NY session after a 4220 bounce failed. The latest leg sliced through the 4136 prior low and printed fresh session lows near 4110, with price well below EMA20/EMA50 and RSI(14) pressed into oversold around 31 — consistent with the firm USD and hawkish-Fed backdrop. The 4136 zone that capped support now sits overhead as resistance.
Support: 4,110.00, 4,100.00
Resistance: 4,136.00
What it said to watch
Failure to hold 4110 opens the path toward the 4100 psych level
Reclaim of 4136 broken low would ease the downside pressure
S&P Global PMIs today 13:45 UTC could materially shift this read
Gold has stayed pinned in a downtrend all week, rolling off the $4,382 high and printing fresh lows at 4110 into the latest session as a firm USD and higher-for-longer Fed pricing kept the bounce capped. The mid-week recovery stalled at the 4205 bounce high — a shallow ~38% retrace of the dominant drop — before sellers reasserted and price broke the 4136-4146 area that had been the floor. Price sits below both EMA(20) and EMA(50) with RSI(14) near 31, reflecting persistent downside momentum.
Support: 4,110.17, 4,100.00
Resistance: 4,146.00, 4,205.00
What it said to watch
H1 close back above 4146 broken low would challenge the breakdown read
Loss of 4110 session low extends the lower-low sequence toward the 4100 psych level
S&P Global PMIs at 13:45 UTC could materially shift this read
Gold slid through the Asian session toward last week's $4,120s area, extending the week's downtrend with price below EMA(20) and EMA(50). Lower highs since the $4,380 peak persist; the $4,200 psych pivot capped the recovery and price rejected near the 4,214 swing high before rolling over and fully retracing the prior bounce off 4,136. The move fits the hawkish-Fed/firm-USD backdrop, with RSI tracking the lower end.
Support: 4,100.00
Resistance: 4,200.00
What it said to watch
Hold of 4114 session low in focus; a close below opens the path toward the 4100 round number
Reclaim of the 4200 psych pivot would ease the downside read
US S&P Global PMIs at 13:45 UTC could materially shift this read
Lower highs and lower lows, breaking last week's base.
Gold pressed back into the 4120s during the NY session, slicing through the 4150-4160 base it held earlier in the week as a firm USD and higher yields kept the corrective bounce off 4200 capped. Price trades well below EMA20/50 with RSI(14) near oversold, and the 4200 psych pivot now sits as overhead resistance after the rejection there yesterday. The week's swing low at 4114.71 is the immediate reference.
Support: 4,114.71, 4,090.00
Resistance: 4,160.00, 4,200.00
What it said to watch
Loss of 4114.71 confirms a fresh lower low toward the 4090 round number
H1 close back above 4160 broken base would ease the downside pressure
S&P Global PMIs at 13:45 UTC could materially shift this read
05:03 UTC
Downtrend, fresh leg lower · RSI 31 · price 4,120.93
Lower highs, lower lows; bounce reversed.
Gold resumed its grind lower, slicing through the $4,136 recent low into the $4,114 region as the firm USD and hawkish-Fed repricing kept the metal pressured below both EMAs. Monday's rally toward $4,380 fully reversed on a high-volume plunge, and this week's recovery attempt stalled under $4,220 before sellers returned through the NY session. RSI(14) sits near 31, reflecting the renewed downside momentum without yet flagging a divergence.
Support: 4,100.00
Resistance: 4,180.00, 4,205.00
What it said to watch
Sustained trade below 4114 confirms continuation of the lower-low sequence toward 4100 psych
A close back above 4180 (ema20) would challenge the downtrend read
S&P Global PMIs at 13:45 UTC — beat firms USD and extends the grind, a miss opens room back toward the 4205 bounce zone
05:03 UTC
Downtrend, accelerating · RSI 31 · price 4,120.93
Lower highs, lower lows; fresh weekly lows.
Since Monday's open near $4,330 gold has bled over $200, with the early-week spike to $4,382 fully reversing under a hawkish Fed and firm DXY. The NY-hours bounce to $4,220 faded and price is now pressing fresh weekly lows at $4,114, trading well below both H1 EMAs with RSI(14) in oversold territory. The $4,146 prior high has capped the latest attempts higher.
Resistance: 4,193.00
What it said to watch
Sustained close below 4114 session low confirms downtrend continuation
Reclaim of 4193 intraday hi needed to ease the selling
S&P Global PMIs at 13:45 UTC — a clear miss could fuel a relief bounce
Gold remains in a downtrend on H1 after the early-week rally to ~4380 fully reversed under a hawkish Fed; the relief bounce off the ~4121 one-week low stalled at 4221 and price has rolled back to 4145, trading below both EMA20 and EMA50. RSI sits in the high-30s with no bullish divergence, and supply capped two attempts at the 4200 area this session. US S&P Global PMIs at 13:45 UTC are the next driver.
Support: 4,136.00, 4,121.00
Resistance: 4,185.00, 4,200.00, 4,221.00
What it said to watch
H1 close below 4136 reopens the 4121 one-week low
Reclaim of 4185 EMA20 and 4200 would neutralise the lower-high sequence
US PMIs 13:45 UTC could materially shift this read
Gold collapsed from ~4380 early in the week after the Iran-deal rally fully reversed under a hawkish Fed, bottoming near 4120. A two-day bounce stalled at the 4205-4221 area and the NY session has dragged price back to 4145, sitting just above the one-week low with RSI sub-40 and price beneath both EMA20 and EMA50.
Support: 4,120.00
Resistance: 4,205.00, 4,221.00
What it said to watch
H1 close below 4120 confirms continuation of the lower-low sequence
Reclaim of 4205 would negate the lower-high structure
S&P Global PMIs at 13:45 UTC could materially shift this read
Gold's dominant move this week was the reversal of the early rally to 4380, slicing down to the 4120 week low under a hawkish-Fed, firm-USD backdrop. A relief bounce stalled near the 4220 swing high and price has rolled back over into the NY session, now retesting the 4136 intraday low while trading below both EMA20 and EMA50. RSI(14) sub-40 reflects renewed downside pressure as the recovery fades.
Support: 4,136.00, 4,120.00
Resistance: 4,200.00, 4,220.00
What it said to watch
H1 close below 4120 confirms a fresh lower low
Reclaim of 4200 needed to revive the recovery toward 4220
US S&P Global PMIs 13:45 UTC could materially shift this read
03:02 UTC
Downtrend, fresh leg lower · RSI 36 · price 4,146.58
Lower highs, breaking to one-week low.
Gold rolled over after this week's Iran-optimism rally to 4382 fully reversed under a firmer USD and higher yields post-FOMC. Price coiled in a 4180-4220 band through yesterday's NY session before breaking down into the close, slicing back toward the 4136 intraday low and the 4120 one-week-low zone. Rejection at 4200 capped the prior bounce and RSc(14) is back near 36, with EMA20 (~4185) now overhead.
Support: 4,136.00, 4,120.00
Resistance: 4,185.00, 4,200.00, 4,220.00
What it said to watch
H1 close back above 4200 negates the breakdown and reopens the 4220 swing high
Loss of 4136 confirms the leg toward the 4120 one-week low
S&P Global PMIs at 13:45 UTC — a soft print could spark a relief bounce toward 4200
Gold collapsed from ~4382 to a one-week low near 4122 on Wednesday's hawkish FOMC and firmer USD/yields. Since then price has bounced and ranged 4150–4220, with the 4200/4205 pivot capping each attempt. Last NY session rejected 4198 and slid back to 4158, leaving price below both EMA20 and EMA50.
Support: 4,150.00, 4,121.74
Resistance: 4,200.00
What it said to watch
S&P Global flash PMIs at 13:45 UTC could materially shift this read
H1 close below 4150 opens the path to the 4121 weekly low
Reclaim of 4200 needed to challenge the 4220 bounce high
Gold has been in a clear H1 downtrend since mid-week, with a sharp slide from the 4380 area to a one-week low at 4121 after the hawkish FOMC repricing lifted the dollar. The recovery bounce stalled exactly at the 38.2% fib near 4220, and price has since faded back below both EMA20 and EMA50, with the latest bar dropping hard to 4158. The 4205 pivot has capped the rally and remains the level supply has defended.
Support: 4,150.00
Resistance: 4,205.00
What it said to watch
Hourly close above 4205 reopens the path toward the 4220 bounce high
Failure to hold 4150 exposes the 4121 week low
S&P Global flash PMIs at 13:45 UTC could materially shift this read
Consolidation under $4,205 pivot after week-long selloff.
Gold sold off hard from the 4382 high to a one-week low near 4121 across the week as the hawkish Fed repricing lifted the USD and yields. Price has since clawed back to ~4193 but is stalling exactly at the 38.2% retracement (≈4221) of that drop, with the $4,205 pivot capping the last several attempts. RSI(14) has flattened around 50 as the bounce consolidates rather than extends.
Support: 4,170.00
Resistance: 4,221.00, 4,251.00
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
Gold sold off hard from the 4382 mid-week high to a one-week low near 4121 as the hawkish Fed hold lifted the dollar and yields. Price has since recovered to ~4193 on US-Iran de-risking and a softer USD, but the bounce stalled at the 4205 pivot and below the 4220 spike high, leaving the metal coiling in a tight 4180–4210 band. RSI(14) has cycled back to neutral around 52 as the recovery flattens.
Support: 4,150.00, 4,121.00
Resistance: 4,205.00, 4,220.00
What it said to watch
S&P Global flash PMIs today 13:45 UTC could materially shift this read
H1 close above 4220 reopens the path toward the 4330-4380 mid-week highs
Loss of 4150 reasserts the downtrend toward the 4121 weekly low
00:02 UTC
Downtrend, basing after selloff · RSI 48 · price 4,189.27
Consolidation below broken support.
Gold cratered from the 4382 high to a 4121 weekly low through midweek as hawkish Fed pricing and a firmer dollar drove the slide. Price has since bounced into a 4170–4221 range and stalled, with the 4205 pivot cap turning back the latest NY-session push and price drifting back under EMA(20). RSI(14) has unwound to neutral around 47, reflecting the loss of downside momentum without a turn higher.
Support: 4,170.00, 4,147.00, 4,121.00
Resistance: 4,205.00, 4,221.00, 4,270.00
What it said to watch
H1 close above 4205 pivot cap opens the path to 4221 swing high then 4270
Failure to hold 4170 range floor reopens 4147 and the 4121 weekly low
S&P Global PMIs Tue 13:45 UTC could materially shift this read
Gold broke down hard mid-week off the 4382 high, accelerating after the hawkish FOMC repricing and firmer USD to print a 4121 week low. Price has since recovered into the 4205 pivot and is now consolidating around 4190, pinned to EMA20 and capped below the swing high. The bounce off de-risking on US-Iran talks is intact but lacks follow-through with the metal still under its broader trend.
Support: 4,170.00
Resistance: 4,205.00, 4,250.00
What it said to watch
H1 close above 4205 opens the path toward 4220 swing high then 4250
Failure to hold 4170 range floor reopens the 4121 week low
S&P Global PMIs Tue 13:45 UTC could materially shift this read