Every read JAFX AI made on the XAU/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:01 UTC
Downtrend, lower highs intact · RSI 38 · price 4,509.71
Rolling over from 4773 high, sequence of lower highs and lower lows.
Gold has been rolling over since the 4773 swing high three weeks ago, printing a clean sequence of lower highs (4773, 4589, 4580) and lower lows into the 4453 area. The rejection at 4580 over the weekend and follow-through back below 4510 keeps the bearish swing structure intact, with US strikes in Iran cited as the catalyst for fresh USD haven demand. ATR(14) remains elevated near 4180 pips, signalling trend expansion rather than compression.
Support: 4,453.46, 4,400.00
Resistance: 4,575.00, 4,625.00
What it said to watch
- H4 close back above 4575 prior pivot would neutralise the lower-high sequence
- Loss of 4482 session low opens path to the 4453 swing low and 4400 round number
- Reclaim of the EMA50 near 4625 needed to question the downtrend
17:01 UTC
Downtrend, lower highs since 4758 peak · RSI 42 · price 4,507.35
Rolling over from 4758, range 4480-4580.
Gold rolled over from the 4758 cycle high two weeks ago and has carved a sequence of lower highs, with the latest rejection at 4580 confirming supply still capping rallies. Price now coils between 4480 swing low and 4580 prior high, with both EMA20 and EMA50 sloping down overhead. Renewed US-Iran tensions and a firmer USD this session have weighed, pulling price back toward the lower edge of the range.
Support: 4,480.00, 4,453.46, 4,400.00
Resistance: 4,580.00, 4,650.00, 4,758.19
What it said to watch
- H4 close below 4480 swing low opens path toward 4453 range low and 4400 psych
- H4 close above 4580 prior high challenges the lower-high sequence and EMA50 near 4650
- Sustained risk-on flows from semis rally could pressure gold further