Higher highs into 4595, pullback holding above 4480.
Gold pushed to a week high of 4595 during Monday's NY session before a sharp rejection dropped price back to the 4449 Mon swing low on the Mideast ceasefire headlines. Since then the tape has stabilised in a tight band around 4480–4490 into Asia, with RSI flatlining mid-range and price pinned just below EMA20. Structure on the week is still higher-highs higher-lows, but the upper half of Monday's range is now overhead supply.
Support: 4,480.00, 4,449.11
Resistance: 4,540.00, 4,570.00, 4,595.27
What it said to watch
H1 close back above 4540 Mon range top reopens the 4570–4595 zone
Loss of 4480 intraday base exposes 4449 Mon swing low then 4401 week low
Fragile Israel-Hezbollah ceasefire headlines remain the dominant catalyst
Higher highs into 4595, now correcting toward week's mid-range.
Gold rallied hard from 4366 last week into a 4595 peak during the NY session, but Monday's NY hours delivered a sharp rejection back through 4500 after Middle East ceasefire headlines weighed on the safe-haven bid. Price now sits below both EMA(20) and EMA(50) with RSI in the low-40s, and the session low at 4449 marks the line between a corrective pullback and a deeper retrace toward the 4401 week low.
Support: 4,449.11
Resistance: 4,546.19, 4,595.27
What it said to watch
H1 close back above 4546 session high would neutralise the rejection read
Loss of 4449 session low opens path toward 4401 week low
Renewed Iran/Strait of Hormuz headlines could materially shift this read
21:01 UTC
Uptrend cooling, range bound · RSI 43 · price 4,484.62
Lower-high after 4595 sweep, holding above 4450 demand.
Price spiked to the week high at 4595 during the NY session before a sharp rejection dropped it back through 4500, with a second leg lower today flushing into 4450 swing low on ceasefire headlines. Since then a tight consolidation has formed between 4480 and 4495 with RSI hovering near 42, and price sits below both EMA20 and EMA50 for the first time this week. Range conditions dominate while the market digests the failed breakout.
Support: 4,480.00
Resistance: 4,512.00, 4,545.00, 4,595.27
What it said to watch
H1 close back above 4512 ema20 reopens the 4545 prior high
Loss of 4480 session low exposes the 4450 swing low retest
Further Middle East ceasefire headlines could materially shift this read
Higher highs into 4595 swept, now retracing toward mid-range.
Gold pushed to a week high at 4595 during yesterday's NY session before sellers stepped in, and price has since unwound the entire impulse on the back of Middle East ceasefire headlines. The drop through 4500 into the NY session today swept the session low at 4449 and price is now consolidating just below the EMA20 around 4513. RSI(14) printed a bearish divergence at the 4595 high and is now mid-range, with momentum favouring sellers while price stays under the EMA20.
Support: 4,449.11
Resistance: 4,513.00, 4,595.27
What it said to watch
H1 close back above the ema20 near 4513 would neutralise the pullback read
Loss of the session low at 4449 opens room toward the 4401 week low
Further Israel/Lebanon or US-Iran headlines remain the dominant driver and can override structure
19:01 UTC
Recovery off mid-week low, momentum fading near 4540 · RSI 45 · price 4,485.68
Lower-high forming after sharp rejection from 4595.
Gold spiked into 4595 during yesterday's NY session before being rejected, with a sharp drop into 4450 today retesting the thu low. Recovery off that low has stalled into 4485 with RSI rolling below 50, leaving a clear lower-high structure under 4540. ISM Manufacturing beat (54 vs 53) earlier in the NY session added to the downside pressure on the metal.
Support: 4,450.00, 4,485.00
Resistance: 4,540.00, 4,595.27
What it said to watch
H1 close back above 4540 prior high negates the lower-high read
Trump–Iran/Hezbollah headlines can shift risk sentiment intraday
18:01 UTC
Pullback within broader uptrend · RSI 43 · price 4,487.74
Lower high after Friday spike, holding mid-range.
Gold spiked to a 4595 week high during Friday's NY session before fading; today's NY hours delivered a sharp rejection from 4512 down to 4449, printing a lower high beneath the EMA(20) cluster around 4511. Price has since stabilised mid-range with RSI(14) lifting off the low 30s as the 4450 session low held, helped by Trump's Hezbollah de-escalation headline cooling the risk-off bid into gold.
Support: 4,427.38
Resistance: 4,511.00, 4,595.27
What it said to watch
H1 close back above the 4511 ema20 reopens the 4545 prior high
Loss of 4450 session low exposes 4427 prior low and 4392 week low
Further Iran/Lebanon escalation headlines could re-ignite the safe-haven bid