Lower highs off day high, tight Asian range above swing low.
Monday's NY open lifted gold from its 3891–3910 London base to a 3970.36 day high as Iran-deal hopes knocked crude and yields lower. Lower highs since then pulled price back to a 3937.51 swing low near the 38.2% retracement at 3940. Tuesday's Asia session is holding a tight 3942.95–3947.96 range, between the Asian low and Asian high, with price just below EMA20 and above EMA50.
Support: 3,942.95, 3,937.51, 3,930.80
Resistance: 3,947.96, 3,951.11, 3,970.36
What it said to watch
Close above the 3951.11 lower high reopens 3965–3970 and the day high
Failure to hold the 3937.51 swing low exposes the 50% fib at 3930.80
US midterm elections Tue Nov 3, with results overnight, could materially shift this read
Break of the Asian low or Asian high sets the first directional cue of the session
Lower highs off 3970 high, compressing above 38.2% retrace.
Gold broke out of Monday's 3891–3919 range, capped by the Asian high, at 13:30 UTC as crude slid on US-Iran diplomacy headlines, and topped at the 3970.36 day high in NY. It has since printed lower highs and is holding near the 38.2% retracement of the rally around 3940. Early Asia is compressing between the 3937.51 swing low and the 3951.11 lower high, with RSI(14) near 41.
Support: 3,937.51, 3,919.35
Resistance: 3,951.11, 3,970.36
What it said to watch
M15 close below the 3937.51 swing low exposes the 50% retrace near 3931 and the 3919 Asian high
Close above the 3951.11 lower high breaks the lower-high sequence; the 3970.36 day high is the next reference
US midterm results from Tue 05:00 UTC could materially shift this read in thin Asia liquidity
23:18 UTC
Impulse up, pulling back · RSI 44 · price 3,943.82
Lower highs off 3970 high, compressing 3937–3948.
Crude slid on US-Iran diplomacy and gold broke Monday's 3891–3919 range during the NY session. The NY impulse ran from 3896 to a 3970.36 session high in the second half of NY, then printed a lower-high sequence down to the 3937.51 swing low, near the 38.2% retracement. Late NY and the new Asia session are holding a tight 3937.5–3948 box below EMA20 and above EMA50, with RSI(14) neutral at 44.
Support: 3,937.51, 3,933.35, 3,919.35
Resistance: 3,947.97, 3,951.11, 3,970.36
What it said to watch
M15 close below the 3937.51 swing low exposes the 50% fib at 3933.35, then the Asian high at 3919.35 (breakout origin)
Close above the 3947.97 range top and the 3951.11 lower high would break the pullback sequence and bring the 3970.36 session high back into view
US midterm results flow through Asia/London, and JOLTS at 15:00 UTC (f/c 7.13M) could materially shift this read
Impulse to 3970 then lower highs; 3937.5 swing low holding.
Gold broke out above the 3919 asian high during the London-NY transition as oil slid on US-Iran diplomacy headlines, and the impulse ran to a 3970.4 session high. Since then it has pulled back in a flag of lower highs to a 3937.5 swing low near the 38.2% retracement. In thin late-NY trade price has edged above the flag top, but the 3951.1 lower high still caps, with RSI(14) neutral near 48.
Support: 3,937.51, 3,933.35, 3,919.35
Resistance: 3,951.11, 3,970.36
What it said to watch
M15 close above the 3951.1 lower high confirms a flag-top break and puts the 3970.4 session high back in view
Failure to hold the 3937.5 swing low exposes the fib 50% at 3933.4, then the 3919.4 asian high
US midterm results and JOLTS (Tue 15:00 UTC) could materially shift this read
Lower highs from 3970 session high, swing low 3937.5 holding.
Oil-driven NY breakout out of the 3891–3919 Asia/London range peaked at the 3970.36 session high. Lower highs at 3965.8 and 3951.1 then pulled price back to the 3937.5 swing low, between the 38.2% and 50% fib of the rally. Late-NY trade is compressing 3941–3948 under the 3951 lower high, with RSI(14) near 42.
Support: 3,937.50, 3,933.35, 3,919.35
Resistance: 3,951.11, 3,965.77, 3,970.36
What it said to watch
Close above the 3951.11 lower high breaks the pullback sequence and reopens the 3965.8–3970.4 session high zone
Failure at the 3937.5 swing low exposes the 50% fib at 3933 and the asian high at 3919
US Midterms (Tue 05:00 UTC) during the Asia session and JOLTS at 15:00 UTC (f/c 7.13M) could materially shift this read
Lower highs off 3970 session high, holding above 38.2% fib.
Gold broke out of the 3891–3919 Asian range in the first NY hour as crude slid on US-Iran diplomacy, topping at the 3970 session high. Since then it has printed lower highs, with the latest at 3951. The pullback held the 3937.5 swing low near the 38.2% fib, and late-NY trade is compressing in a tight 3944–3948 band.
Support: 3,937.50, 3,919.40
Resistance: 3,951.10, 3,970.40
What it said to watch
Close below the 3937.5 swing low opens the 50% fib near 3931 and the 3919 Asian high
Close above the 3951 lower high reopens the 3970 session high
US midterm results from Tue 05:00 UTC could gap price through the overnight range
JOLTS Tue 15:00 UTC (f/c 7.13M) could materially shift this read
22:17 UTC
Intraday uptrend, correcting from NY high · RSI 38 · price 3,946.49
Lower highs off 3970.36, basing above 3937.51.
Gold gapped higher at the open and broke the Asian range high at 3919.35 with a $40 bar at the NY open as crude slid on US-Iran diplomacy, extending to a 3970.36 session high. Since then the market has printed a lower high at 3965.77 and another at 3951.11, and pulled back to a 3937.51 pullback low just under the 38.2% fib. Price is now basing near 3945 in thin late-NY trade.
Support: 3,937.51, 3,930.80, 3,919.35
Resistance: 3,951.11, 3,965.77, 3,970.36
What it said to watch
Failure to hold the 3937.51 pullback low puts the fib 50% near 3930.80 and the Asia high at 3919.35 in play.
A close above the 3951.11 lower high breaks the lower-high sequence and reopens the 3965.77 lower high and the 3970.36 session high.
US midterm results from Tue 05:00 UTC land in the Asia session and could materially shift this read. JOLTS follows at 15:00 UTC.
Lower highs off 3970 session high, holding above the NY pullback low.
Gold gapped up at the weekly open, held a 3893–3919 Asian range through London, then broke out at the NY open as crude slid on US-Iran diplomacy, reaching a 3970.36 session high. The pullback has carved lower highs and held the 3937.5 NY low near the 38.2% fib, with late-NY bars compressing at 3941–3948 below the 3954 pivot zone and RSI(14) flat at 48.
Support: 3,937.50, 3,933.35, 3,919.35
Resistance: 3,954.00, 3,970.36
What it said to watch
M15 close below the 3937.5 NY low exposes the 50% fib at 3933 and then the Asian high at 3919
Reclaim of the 3954 pivot zone breaks the lower-highs sequence and puts the 3970 session high back in play
US midterm elections Tue 05:00 UTC fall in the coming Asia session and could materially shift this read
JOLTS Tue 15:00 UTC (f/c 7.13M) is the next scheduled US data risk
Lower highs off 3970 session high, base at 3937-3939.
Gold spent London inside the Asian range, then broke the 3919 asian high in the first hour of NY. The breakout leg ran to a 3970.36 session high as crude slid on US-Iran headlines, and the ISM beat did not reverse it. The pullback has stalled near the 38.2% fib, with the 3937.5 swing low tested three times and a 3951 lower high capping into the late-NY close. RSI(14) sits near 42.
Support: 3,937.51, 3,933.35, 3,919.35
Resistance: 3,951.11, 3,970.36
What it said to watch
M15 close below the 3937.5 swing low exposes the fib 50% at 3933 and the asian high retest zone at 3919
Close above the 3951 lower high reopens the 3970 session high
US midterm results overnight and JOLTS Tue 15:00 UTC could materially shift this read
Gold gapped up at the Monday open, held a 3891–3919 Asian range through London, then broke the Asian high at the NY open as oil and yields slid on US-Iran hopes, tagging a 3970 session high. Since then a lower-high sequence has pulled price back to a 3937.5 swing low near the 38.2–50% retrace. Late-session bars are compressing into the lower-highs trendline.
Support: 3,937.51, 3,933.35, 3,919.35
Resistance: 3,951.11, 3,970.36
What it said to watch
M15 close above the 3951 lower high breaks the lower-high sequence and reopens the 3970 session high
Failure to hold the 3937.5 swing low exposes the fib 50% at 3933, then the 3919 Asian high
US midterm results from Tue 05:00 UTC could materially shift this read in Asia hours
21:17 UTC
Post-breakout pullback, lower highs since session high · RSI 41 · price 3,947.44
NY broke Asian range high, now retracing with lower highs and lower lows.
Gold broke the Asian high at 3919.4 on the 14:30 UTC bar as crude slid on US-Iran diplomacy, running to a 3970.4 session high. Late NY has printed lower highs at 3965.8 and 3951.1 and dipped to a 3937.5 swing low, holding between the 38.2% and 50% fib of the breakout leg. Price is flat just under EMA20 into the session close, with RSI(14) near 41.
Support: 3,937.50, 3,933.40, 3,919.40
Resistance: 3,951.10, 3,965.80, 3,970.40
What it said to watch
M15 close below the 3937.5 swing low exposes the 50% fib at 3933.4, then the asian high at 3919.4
Reclaim of the 3951.1 lower high breaks the late-NY lower-high sequence, with the 3965.8 lower high and 3970.4 session high above
US midterm results from Tue 05:00 UTC could materially shift this read during the Asia session
21:03 UTC
Pullback within intraday uptrend · RSI 39 · price 3,945.53
Lower highs off 3970 session high, retesting breakout base.
Gold broke out of the 3891–3919 Asian/London range at 13:30 UTC as oil and yields slid on US-Iran diplomacy hopes, running to a 3970.36 session high at 16:30 UTC. Late NY has printed a lower-high sequence back to a 3937.51 pullback low, between the 38.2% and 50% fib of the leg and on top of the post-breakout base. RSI(14) near 39; price is under EMA20 but holding above EMA50.
Support: 3,937.50, 3,933.40, 3,919.40
Resistance: 3,951.10, 3,970.40
What it said to watch
M15 close below the 3933 50% fib breaks the post-breakout base and puts the 3919 asian high back in play
Recovery through the 3951 lower high ends the pullback's lower-high chain, with the 3970 session high next overhead
US midterm results from Tue 05:00 UTC could reshape this read during the Asia session, with JOLTS at 15:00 UTC Tue the next data risk
20:47 UTC
Intraday uptrend, pulling back in late NY · RSI 40 · price 3,942.96
Lower highs and lower lows off the 3970 session high, sitting just above the breakout area.
Gold broke out of the 3891–3919 Asian range in a 13:30 UTC impulse as oil slid on US-Iran diplomacy, topping at the 3970.36 session high. Late NY has printed lower highs and lower lows back into the 38.2% fib near 3940, with the 3937.5 swing low sitting just above the 3935 breakout bar area. RSI(14) is near 40 and price is below EMA20.
Support: 3,937.50, 3,935.00, 3,919.35
Resistance: 3,951.10, 3,970.36
What it said to watch
An M15 close above the 3951 lower high and the lower-high line from the 3970 session high ends the pullback sequence
Failure to hold the 3937.5 swing low and the 3935 breakout area exposes the 50% fib near 3931, then the 3919 Asian high
US midterm results from Tue 05:00 UTC could materially shift this read, with JOLTS at 15:00 UTC following
20:32 UTC
Impulsive upleg now in a late-session pullback · RSI 35 · price 3,940.19
Lower highs and lower lows since the 3970 day high, holding the 38.2% retracement.
Gold broke out of the Asian range at the NY open as crude slid on US-Iran diplomacy. It ran from 3891 to a 3970.4 day high, extending Monday's gap up from Friday's close. Late in the NY session price has stepped down through a series of lower highs and is sitting on the 38.2% rally fib near the 3938.9 swing low, with RSI(14) at 35 and price just above EMA50.
Support: 3,938.90, 3,934.90, 3,930.80
Resistance: 3,951.10, 3,970.40
What it said to watch
A close below the 3938.9 swing low and the 3934.9 NY-open spike low exposes the 50% fib at 3930.8.
Recovery above the 3951.1 lower high breaks the pullback sequence and puts the 3970.4 day high back in view.
US midterm results overnight (Tue 05:00 UTC) and JOLTS at Tue 15:00 UTC could materially shift this read.
Lower highs and lows off the 3970 session high, sitting on the breakout base.
Gold broke out of the London 3891–3910 range at the NY open as oil and yields slid on US-Iran diplomacy, running to a session high of 3970.36. Late NY has printed a lower-high sequence. Price is back at the 38.2% fib near 3940, just above the 3938.95 swing low, the 3935 breakout low and EMA50 (~3937), with RSI(14) neutral at 45.
Support: 3,938.95, 3,934.93, 3,919.35
Resistance: 3,951.11, 3,970.36
What it said to watch
M15 close below the 3934.93 breakout low exposes the 50% fib near 3931 and the 3919 Asia high
Reclaim of the 3951.11 lower high breaks the lower-highs trendline and puts the 3970 session high back in view
US midterm results from Tue 05:00 UTC could gap this read during the Asia session
NY-open range breakout, then lower highs from the session high.
NY open broke the 3891–3919 Asia/London range as crude slid on US-Iran diplomacy and yields eased, running to a 3970.36 session high. Late NY formed a small double top at 3970 and a 3965.77 lower high. Price then lost the 3952 prior shelf and dipped to a 3939 pullback low at the 38.2% fib, with RSI(14) back near 48.
Support: 3,938.95, 3,930.80, 3,919.35
Resistance: 3,965.77, 3,970.36
What it said to watch
A close below the 3939 pullback low exposes the fib 50% at 3931, then the asia high at 3919
Reclaiming the 3952 prior shelf and breaking the lower-highs line through 3966 reopens the 3970 session high
US midterm results overnight (Tue from 05:00 UTC) could materially shift this read
Asian range broken higher, now lower highs and lower lows off the 3970 session high.
Gold gapped up from Friday's 3875.80 close and broke the 3891–3919 Asian range in the first hour of NY as oil and yields slid on US-Iran diplomacy, topping at the 3970.36 session high. Late NY has printed a lower high at 3965.8, lost the 3953 broken shelf and is testing the fib 38.2 near 3940 with RSI(14) ~35. The 3935 spike base sits just below and lines up with EMA50.
Support: 3,940.10, 3,935.00, 3,919.40
Resistance: 3,953.00, 3,965.80, 3,970.40
What it said to watch
M15 close below the 3935 spike base exposes the 3919 asian high, near the 61.8% retrace
Reclaim of the 3953 broken shelf negates the pullback read
Break above the lower-high line from 3970.4 through 3965.8 puts the session high back in play
US midterms (Tue 05:00 UTC) and oil moves on US-Iran headlines could materially shift this read
Gold gapped above Friday's close and broke out of the 3891–3919 Asian range at the NY open. The move came as oil and yields slid on US-Iran diplomacy, and it ran to a 3970.36 session high. Late in NY hours price has printed a lower high at 3965.77 and a fresh swing low at 3945.55, with RSI(14) near 40, and is now pressing toward the fib 38.2 of the 3896–3970 leg.
Support: 3,945.55, 3,942.08, 3,933.35
Resistance: 3,954.00, 3,965.77, 3,970.36
What it said to watch
M15 close back above the broken lows near 3954 and the 3965.77 lower high would undo the pullback read, with the session high at 3970.36 above
Failure to hold the 3945.55 swing low exposes the fib 38.2 at 3942 and the fib 50% at 3933
US midterm results from Tue 05:00 UTC could materially shift this read overnight
19:17 UTC
Intraday uptrend, pulling back · RSI 46 · price 3,953.58
NY breakout above Asian range, now lower-high drift above 3950.
NY open broke the 3891–3919 Asian range with a near-$40 bar as oil eased on US-Iran headlines and USD sat at one-week lows, extending to a 3970.36 session high. Since then price has formed lower highs and is sitting on the 3951.86 pullback low near the 23.6% retrace of the NY rally, RSI(14) neutral around 46 and price just under EMA20.
Support: 3,951.86, 3,934.93, 3,919.35
Resistance: 3,965.77, 3,970.36
What it said to watch
M15 close below the 3951.86 pullback low exposes the 38.2% retrace near 3942 and the 3934.93 retest low
Reclaiming the 3965.77 lower high breaks the lower-highs line and reopens the 3970.36 session high
A drop back under the 3919.35 Asia high puts price inside the Asian range and unwinds the NY breakout
US midterm results overnight and JOLTS Tue 15:00 UTC could materially shift this read
Lower highs off 3970 session high, holding 3950 floor.
After a weekend gap higher, the NY open cleared the 3891–3919 Asian range and London's 3910 cap, running to a 3970.4 session high as oil slid on US-Iran headlines and the USD hit a one-week low. Late NY has printed a lower high at 3965.8 and is pressing the 3950.6 swing low on the 23.6% fib, with RSI(14) near 44.
Support: 3,950.60, 3,942.10, 3,933.40
Resistance: 3,965.80, 3,970.40
What it said to watch
M15 close below the 3950.6 swing low exposes the 38.2% fib at 3942 and the 50% fib near 3933
Reclaim of the 3965.8 lower high and the lower-high trendline reopens the 3970.4 session high
Midterm results overnight into the Asia session could materially shift this read
Tuesday JOLTS at 15:00 UTC (f/c 7.13M) could also materially shift this read
18:47 UTC
Uptrend after NY breakout, pausing below session high · RSI 51 · price 3,954.91
Asian/London range broken higher; lower high at 3965.8 with twin lows near 3953.6.
Gold broke out of the 3891–3919 Asian/London range in the first hour of NY as oil slid on US-Iran headlines and USD hit a one-week low, running to a 3970.4 session high. Since then a lower high at 3965.8 has formed and price has twice found twin lows near 3953.6, holding just above EMA20 with RSI(14) cooled to ~51.
Support: 3,953.60, 3,934.90, 3,919.40
Resistance: 3,965.80, 3,970.40
What it said to watch
Failure to hold the 3953.6 twin lows confirms a lower low and exposes the 38.2% retrace near 3940 and the 3934.9 breakout low
M15 close above the 3965.8 lower high, then the 3970.4 session high, resumes the NY breakout leg
Deeper pullback into the 3919.4 asian high would test whether the breakout holds
US midterm results overnight could reprice USD and shift this read before JOLTS Tue 15:00 UTC (f/c 7.13M)
18:32 UTC
Uptrend after NY impulse, now pausing · RSI 55 · price 3,958.90
Post-breakout consolidation 3950–3970, higher lows under a lower high.
NY session broke the 3891–3919 Monday range, which had held through Asia and London, with a roughly $40 impulse from 13:30 UTC as oil and the USD slid. The move tagged a 3970 session high near the $3,965 reference from last week's breakdown. Since then price has compressed between 3950 and 3970: higher lows at 3950.6 and the 3953.5 swing low sit under a 3965.8 lower high, and RSI(14) is back to a neutral 55.
Support: 3,934.93, 3,919.35
Resistance: 3,965.77, 3,970.36, 4,000.00
What it said to watch
M15 close below the 3953.5 swing low breaks the higher-low sequence and exposes the 38.2% fib near 3942, then the 3935 pullback low
Close above the 3965.8 lower high and the 3970 session high resumes the impulse, with the 4000 round number next
Loss of the 3919 asian high, the old range top, would mark the breakout as a false break
Loan Officer Survey at 19:00 UTC and JOLTS Tuesday 15:00 UTC can shift Dec hike pricing; midterm results overnight into Wednesday add gap risk
18:17 UTC
Uptrend, consolidating below the session high · RSI 57 · price 3,961.92
Post-breakout 3953–3970 band; higher lows at 3950.6 and 3953.5 under a 3965.8 lower high.
Gold broke out of the 3891–3919 Asian-London range in the first hour of NY, about $40 higher, as oil and the USD eased on US-Iran headlines. It extended to a 3970.4 session high, and the dip on the ISM beat held at 3950.6. Late NY now holds a tight 3953–3970 band. Higher lows near the 23.6% fib keep the leg intact, with RSI(14) in the mid-50s and ATR(14) around $7.9.
Support: 3,934.93, 3,919.35
Resistance: 3,965.77, 3,970.36, 4,000.00
What it said to watch
A close below the 3953.5 swing low breaks the higher-low trendline and exposes the 3935 pullback low near the 38.2% fib
A close above the 3965.8 lower high and the 3970.4 session high reopens the path to the 4000 round number
A return below the 3919.4 asian high would negate the NY breakout
US midterm results overnight and JOLTS Tue 15:00 UTC could materially shift this read
18:04 UTC
Uptrend, pulling back off session high · RSI 57 · price 3,957.56
NY impulse broke the Asian range; higher-low chain intact above 3950.
The first hour of NY broke the 3891–3919 Asian range in a ~$40 impulse as oil and USD eased, and price extended to a 3970.36 session high. The ISM headline beat briefly stalled the move below the 3966 prior high. The late-NY pullback low at 3953.55 is holding above the 3950.6 swing low, where EMA20 sits, with RSI(14) cooled to ~57.
Support: 3,953.55, 3,950.63, 3,942.08
Resistance: 3,966.38, 3,970.36, 4,000.00
What it said to watch
M15 close below the 3950.6 swing low / EMA20 breaks the higher-low chain and exposes the impulse fib 38.2 at 3942
Loss of the rising support from the 3934.9 low signals a deeper retrace of the NY impulse
Reclaim of the 3966 prior high and 3970 session high reopens the 4000 round number
Loan Officer Survey 19:00 UTC, then Tue JOLTS and midterm results overnight could materially shift this read
17:47 UTC
Uptrend, pulling back from session high · RSI 60 · price 3,954.07
NY breakout above the Asian high, HH/HL chain now testing its last higher low.
Gold left the 3891–3919 Asia/London range with a 40-point NY impulse at 13:30 UTC as oil and USD slid on US-Iran diplomacy. It set a session high at 3970.36, just above the 3966 prior high and the 3,965 reference flagged in the digest. After London close price is fading into the 3950.6 swing low, with EMA20 near 3949.5 and RSI(14) cooling to about 60.
Support: 3,950.63, 3,934.93, 3,919.35
Resistance: 3,966.38, 3,970.36
What it said to watch
M15 close below the 3950.6 swing low prints the first lower low since the breakout and puts the 3934.9 spike low and 38.2% fib near 3942 in focus
Close back above the 3966 prior high and 3970.4 session high resumes the higher-high chain
A slide back under the 3919 asian high negates the NY breakout
Senior Loan Officer Survey 19:00 UTC and Tuesday's midterms could materially shift this read
17:32 UTC
Uptrend, first pullback from session high · RSI 64 · price 3,959.44
NY breakout above Asian range, higher-low chain intact.
A $40 NY impulse took gold out of the 3891–3919 Asian range and through the $3,900 cap as USD slid. The ISM headline beat produced only a shallow dip to 3954 before a session high at 3970.36. The 17:15 bar pulled back to 3959 after London close, with RSI(14) easing to 64; the 3950.63 swing low, with EMA20 near 3949, is the first reference below.
Support: 3,950.63, 3,934.93, 3,919.35
Resistance: 3,970.36, 4,000.00
What it said to watch
M15 close below the 3950.63 swing low breaks the higher-low chain and exposes the 3934.93 spike base near the 50% NY impulse fib
Close above the 3970.36 session high opens the path toward the 4000 round number
Return below the 3919.35 asian high would mark the breakout as a false break
Senior Loan Officer Survey at 19:00 UTC and overnight midterm results could materially shift this read
17:17 UTC
Uptrend, stalling at session high · RSI 71 · price 3,966.34
HH/HL chain after NY breakout; tight range just under 3970.
The 13:30 UTC bar broke the Asian high at 3919.35 and ran about $40. Gold pushed on to a 3970.36 session high as oil slid on US-Iran diplomacy and USD held near a one-week low. The pullback held a higher low at 3950.63, and price is now compressing in a $4 band under the session high after London close, in the 3965 breakdown region, with RSI(14) near 71.
Support: 3,950.63, 3,934.93, 3,919.35
Resistance: 3,970.36, 4,000.00
What it said to watch
M15 close above the 3970.36 session high extends the HH chain, with the 4000 round number as the next reference
Break of the 3950.63 higher low opens the 3934.93 pullback low and the NY leg fib 50% near 3933
Loss of the 3919.35 Asian high would turn the NY move into a false break
US midterms Tue (results overnight into Wed) and JOLTS Tue 15:00 UTC could materially shift USD and this read
17:03 UTC
Uptrend after NY breakout, momentum cooling · RSI 71 · price 3,967.66
HH/HL chain since the 13:30 UTC range break, pressing session high.
Early-NY breakout from the 3891–3919 Asian/London range, capped by the Asian high, produced a ~$74 breakout leg as USD sat at a one-week low and oil slid on US-Iran headlines. Price is now pressing the 3970.36 session high, with a higher-low line drawn off the 3934.93 pullback low and the 3950.63 swing low. RSI(14) is near 71 and bar ranges are contracting into late NY hours.
Support: 3,950.63, 3,934.93, 3,919.35
Resistance: 3,970.36, 4,000.00
What it said to watch
M15 close below the 3950.63 swing low breaks the higher-low line
Acceptance above the 3970.36 session high opens the round number at 4000
A move back under the 3934.93 pullback low and the 38.2% of the breakout leg (~3942) puts the move into deeper retracement toward the Asian high at 3919
Loan Officer Survey at 19:00 UTC and overnight midterm results could materially shift this read
16:47 UTC
Uptrend, extending after impulse · RSI 74 · price 3,968.35
HH/HL chain above Monday's 3891–3919 range.
Gold left Monday's 3891–3919 Asian/London range with a ~$40 impulse at the start of NY hours as oil and USD slid on US-Iran headlines. A 3950–3966 flag resolved higher after London close, taking out the 3966.38 prior high to a 3970.36 session high, with the 3950.63 higher low intact. RSI(14) ~74 is hot but not extreme for a trend leg.
Support: 3,966.38, 3,950.63, 3,934.93
Resistance: 3,970.36
What it said to watch
Holding above the 3966.38 prior high keeps the flag breakout valid; slipping back inside 3950–3966 reads as a false break
M15 close below the 3950.63 higher low breaks the HH/HL chain and exposes the 3934.93 swing low near the 38.2% fib
Rejection at the 3970.36 session high leaves a double top risk in late NY trade; extension leaves the $4,000 round number as the next reference
Thin post-London liquidity and midterm positioning ahead of Tuesday's JOLTS can distort late-session moves
16:32 UTC
Uptrend, retesting session high · RSI 71 · price 3,965.66
HH/HL chain since NY open; flag-type pullback held above 3950.
The NY open broke the 3,919 Asian high with a $40 bar and carried gold to a session high near 3,966.5, with USD soft and oil lower on US-Iran diplomacy. The pullback held the 3,950 swing low on the higher-lows line, and price is now retesting the session high mid-NY with RSI(14) near 71, firm but not stretched.
What it said to watch
M15 close above the 3,966.5 session high extends the NY breakout leg, with the 4,000 round number the next reference
Failure to hold the 3,950 swing low breaks the higher-lows line and exposes the 3,935 pullback low near the 38.2% retracement
A return below the 3,919 Asian high would turn the NY breakout into a false break
Goolsbee's remarks (16:15 UTC) and Tuesday's midterm results could materially shift this read
Range break above Asian high, tight consolidation under session high.
Gold cleared the 3891–3919 Asia/London range at the NY open, running about $55 to a 3966.38 session high as oil and the USD eased on US-Iran headlines. The ISM headline beat drew only a shallow dip to the 3950.63 ISM low, and price is now holding a rising trendline just under the session high with RSI(14) cooling from the low 80s to about 71.
Support: 3,950.63, 3,934.93, 3,919.35
Resistance: 3,966.38, 4,000.00
What it said to watch
Goolsbee at 16:15 UTC is speaking into the current bar, and a hawkish tone on December hike odds could materially shift this read
M15 close above the 3966.38 session high opens the path to the 4000 round number
Close below the 3950.63 ISM low breaks the rising trendline and the higher-low chain, exposing the 3934.93 breakout low
Loss of the 3934.93 breakout low and a 50% retracement fill toward 3931 put the 3919.35 Asian high back in play as retest support
NY breakout above Asian range, tight hold at 3950–3966.
Early NY hours ended the quiet 3891–3919 Asian/London range with a $40 bar to 3949.69, then pushed to a 3966.38 session high as USD softened and oil fell on US-Iran diplomacy. Price is now holding a 3950–3966 band just under the $3,965 breakdown area, with the 3950.63 pullback low intact and RSI(14) cooling to ~70.
Support: 3,950.63, 3,934.93, 3,919.35
Resistance: 3,966.38, 4,000.00
What it said to watch
Goolsbee at 16:15 UTC could shift this read via December hike odds
M15 close above the 3966.38 session high opens the 4000 round number
Failure to hold the 3950.63 pullback low exposes the 3934.93 spike low and the 38.2% fib of the NY impulse near 3940
A return below the 3919.35 Asian high would mark the breakout as a false break
Breakout above Asian range, higher lows, tight consolidation 3950–3966.
A 13:30 UTC impulse in the NY session broke the 3891–3919 Asian range and extended the weekend-gap rebound as USD and oil eased. The breakout leg stalled at a 3966 session high as the ISM headline beat landed. Price is holding a shallow pullback above the 3950 pullback low with the 3935 higher low intact, and RSI(14) is cooling to about 70 from 77.
Support: 3,934.93, 3,919.35
Resistance: 3,966.38, 4,000.00
What it said to watch
Fed's Goolsbee at 16:15 UTC could reprice December hike odds and shift this read
M15 close below the 3950 pullback low exposes the 3935 higher low, then the asian high at 3919
Acceptance above the 3966 session high opens the path toward the 4000 round number
NY breakout above Asian range, three lower highs off the session high.
The NY open broke the 3919.4 Asian high and $3,900 with a $40 bar as USD slid to a one-week low on US-Iran headlines. The move extended to a 3966.4 session high. The ISM headline beat at 15:00 UTC capped the run, and price is now retesting the 3950 consol top with RSI(14) cooling to 67.
Support: 3,934.90, 3,919.40
Resistance: 3,966.40, 4,000.00
What it said to watch
Goolsbee at 16:15 UTC could materially shift this read
An M15 close below the 3950 consol top opens the 3934.9 swing low and the 38.2% of the NY leg fib near 3939.6
A close back inside the Asian range below the 3919.4 asian high would mark the breakout as a false break
An M15 close above the 3966.4 session high resumes the higher-high chain toward the 4000 psych level
15:17 UTC
Uptrend after NY-open breakout, first pullback in progress · RSI 72 · price 3,956.66
Range break above $3,900 cap; HH/HL chain from 3896 to 3966, now pulling back from the session high.
Gold held a 3891–3919 range through Asia and London. The NY open then broke the $3,900 cap and the Asian high in a single $34 bar. The extension reached a 3966.38 session high at the $3,965 area that broke last week. The 15:00 UTC ISM bar faded about $10 off the session high, but price holds above the 3950 leg high with RSI(14) near 72.
Support: 3,934.93, 3,919.35
Resistance: 3,966.38
What it said to watch
M15 close back below the 3950 leg high puts the 3934.93 pullback low in play, near the 38.2% fib of the London low–session high move
Loss of 3934.93 exposes the 3919 Asian high, the top of the pre-breakout range
Acceptance above the 3966.38 session high resumes the HH chain
Goolsbee at 16:15 UTC and the ISM print could materially shift the read via December hike odds
15:03 UTC
Uptrend, impulsive NY breakout · RSI 74 · price 3,959.93
Asian range broken higher, higher lows since 13:30 UTC.
A 13:30 UTC impulse bar cleared the $3,900 cap and the Asian high at 3919.35, carrying gold to a session high of 3966.38 into the 15:00 UTC ISM release. That puts price at the $3,965 short-covering area flagged in the macro digest. Higher lows at the 3934.93 pullback low and 3946.62 have held the advance, and RSI(14) is easing to ~74 from near 78 as the current bar pulls back from the high.
Support: 3,934.93, 3,919.35
Resistance: 3,966.38, 4,000.00
What it said to watch
ISM Mfg PMI and Prices Paid (15:00 UTC) land in the current bar; a hot print could reverse a large share of the NY leg
Failure to hold the 3950 breakout lvl brings the 3934.93 pullback low and 38.2% fib (~3937.7) into play
M15 close back below the 3919.35 asian high invalidates the breakout read
Acceptance above the 3966.38 session high opens the path to the 4000 round number
Goolsbee at 16:15 UTC could shift December hike odds and this read
NY range break above Asian range, holding above 3950 shelf.
Gold spent Asia and London compressed in a 3891–3919 range below the $3,900-area cap, then the first hour of NY broke the Asian high with a near-$40 spike to 3949.7. A 3935–3950 shelf held for three bars before a second leg tagged a 3965.2 session high, with price now sitting just above the shelf and RSI(14) near 79.
Support: 3,934.93, 3,919.35
Resistance: 3,965.20, 4,000.00
What it said to watch
ISM Mfg PMI at 15:00 UTC (f/c 54.6, Prices Paid f/c 77) and Goolsbee at 16:15 UTC could materially shift this read
M15 close back below the 3950 shelf puts the 3935 spike low and the 38.2% retrace of the NY breakout in play
Failure to hold the 3919 asian high would turn the range break into a false break
Acceptance above the 3965.2 session high opens the path toward the 4000 psych level
Breakout above Asian range, tight consolidation under 3950.
A roughly $40 impulse at 13:30 UTC cleared the 3,900 cap and the Asian high at 3,919.35, recovering most of Friday's slide from the 3,959.61 Friday high. The move came with the USD on the defensive ahead of ISM. Early in the NY session, price is holding a 3,935–3,950 consolidation, with the session high at 3,950.50 capping three bars and the pullback low at 3,934.93 holding above the spike fib 38.2% near 3,930.
What it said to watch
ISM Manufacturing PMI at 15:00 UTC (Prices Paid f/c 77), then Goolsbee at 16:15 UTC, could materially shift this read
M15 close above the 3,950.50 session high opens the path to the 3,959.61 Friday high
Failure to hold the 3,934.93 pullback low exposes the spike fib 50% near 3,923 and the 3,919.35 Asian high
Asian-London range broken higher, holding below session high.
Asia and London held a 3891–3919 range around the $3,900 cap until a 13:30 UTC breakout leg cleared the Asian high and ran to the 3950.50 session high. Two upper wicks have rejected 3950 since, and price is holding above the 3934.93 pullback low early in the NY session. RSI(14) is near 73 and ATR(14) has expanded to about 880 pips.
Support: 3,934.93, 3,919.35, 3,908.17
Resistance: 3,950.50, 3,970.81
What it said to watch
ISM Manufacturing PMI at 15:00 UTC (f/c 54.6, Prices Paid f/c 77) could materially shift this read
M15 close back below the 3919.35 Asian high, near the 50% retrace of the breakout leg, puts price back into the prior range
Close above the 3950.50 session high opens the path to the 3970.81 Friday high
Loss of the 3934.93 pullback low brings the impulse base at 3908 into focus
Range break from the 3891–3919 Asian/London box; first pullback in progress.
A roughly 40-point surge in the London-NY transition broke the $3,900 cap and the 3919 Asian high, with the USD on the defensive, and tagged 3950.50. It was rejected at that spike high, and price is now holding the 3937 spike low as RSI(14) cools to ~71 in the first hour of NY.
Support: 3,937.06, 3,919.35, 3,908.17
Resistance: 3,950.50, 3,955.00, 3,970.81
What it said to watch
ISM Manufacturing PMI at 15:00 UTC (f/c 54.6, Prices Paid f/c 77) and Goolsbee at 16:15 UTC could materially shift this read
An M15 close below the 3937 spike low exposes the Asian high at 3919, near the 50% spike fib
Loss of the 3908 breakout bar low turns the move into a false break back inside the range
Acceptance above the 3950.50 spike high brings the 3955 Fri break zone and the 3970.81 Friday high into play
Vertical break above the 3891–3919 Asian range and the 3900 cap.
Gold spent Asia and London boxed inside the 3891–3919 Asian range, then ripped roughly $40 in the first hour of NY through the asian high and the $3,900 cap to a 3949.90 session high, with the USD near a one-week low. RSI(14) is around 78 after the expansion bar, and ATR has roughly doubled.
Support: 3,919.35, 3,909.50
Resistance: 3,949.90, 3,970.81
What it said to watch
ISM Mfg PMI at 15:00 UTC (f/c 54.6, Prices Paid f/c 77) could materially shift this read
A close above the 3949.90 session high opens the path to the 3970.81 friday high
A return below the 3919 asian high would mark the move as a false break of the range
Losing the 3909.5 breakout bar base unwinds the NY-open leg
Goolsbee at 16:15 UTC is a second event risk for Fed-hike pricing
Monday range 3891–3919; pressing above London high.
Gold pushed through the london high at 3910 in the first hour of NY, off a chain of rising lows from the 3891 london low. The move comes with a soft USD and lifts price back above the 3900 psych level, while the asian high at 3919 caps the session range.
Support: 3,910.21, 3,900.00, 3,891.23
Resistance: 3,919.35
What it said to watch
ISM Mfg PMI at 15:00 UTC (Prices Paid f/c 77) and Goolsbee at 16:15 UTC could materially shift this read
M15 close above the asian high at 3919 breaks the session range to the upside
Close back below the london high at 3910 marks a false break back inside the range
Loss of the rising lows line near 3897 and the 3900 psych exposes the 3891 london low
Gold gapped up from Friday's 3870 low as oil and the USD eased, but has faded from the 3919 Asia session high into a 3891–3907 range. Lower highs at 3907 keep pressing price back under the 3900 psych level, while demand has held the 3891 London low and the 3896 intraday low into the first hour of NY. Price sits between the 38.2% and 50% fib of the rally from the Friday low.
Support: 3,896.33, 3,891.23, 3,870.26
Resistance: 3,900.00, 3,907.00, 3,919.35
What it said to watch
ISM Mfg PMI and Prices Paid at 15:00 UTC (17:00 broker) could materially shift this read
M15 close above the 3907 lower highs and the descending trendline invalidates the compression read and puts the 3919 session high back in play
Failure to hold the 3891 London low exposes the 61.8% fib near 3889 and the 3870 Friday low
Goolsbee at 16:15 UTC is a second catalyst for the 3900 psych pivot
Tight range 3891–3910 inside the Asian range, lower highs since 3919.
Gold gapped up from Friday's 3870.5 yearly low on softer USD and oil. The Asian high at 3919.4 stalled shy of the 38.2% Friday drop fib (~3912). London has since compressed between the 3891.2 london low and the 3910.2 london high, with lower highs capping at the 3907 swing high and price pinned at 3900 into the London-NY transition.
Support: 3,898.70, 3,891.20, 3,870.50
Resistance: 3,907.00, 3,910.20, 3,919.40
What it said to watch
M15 close above the 3910.2 london high breaks the lower-highs line and puts the 3919.4 asian high back in play
Failure at the 3898.7 swing low exposes the 3891.2 london low and the unfilled weekend gap toward the 3870.5 yearly low
ISM Mfg PMI at 15:00 UTC (f/c 54.6, Prices Paid 77) is the likely range-break catalyst; Goolsbee at 16:15 UTC follows
12:47 UTC
Range-bound after weekly-open gap up · RSI 54 · price 3,902.06
Inside Asian range, higher lows under a flat 3907 cap.
Gold gapped up at the weekly open from Friday's 3870.5 low as oil and the USD slipped. The Asian high at 3919.4 capped the move, and London has rotated in a 3891–3907 range below it. A higher low at 3898.7 is pressing the flat range top near 3907 ahead of the NY open, with RSI(14) neutral near 54 and price riding EMA20/50.
Support: 3,898.70, 3,891.20, 3,870.50
Resistance: 3,907.00, 3,919.40
What it said to watch
M15 close above the 3907 range top opens a retest of the 3919.4 Asian high
Failure to hold the 3898.7 higher low and the rising line puts the 3891.2 London low back in play; below that sits the unfilled gap toward the 3870.5 Friday low
ISM Mfg PMI at 15:00 UTC (f/c 54.6, Prices Paid f/c 77) and Goolsbee at 16:15 UTC could materially shift this read
12:32 UTC
Sideways after Monday gap up, compressing · RSI 50 · price 3,902.08
Inside Asian range; lower highs vs rising lows.
Gold gapped up from Friday's 3875.8 close as oil and the USD eased, and London has stayed inside the 3891–3919 Asian range. Late in the London session, lower highs from the 3919 asian high and rising lows off the 3891 session low are squeezing price around the 3900 psych level. Supply is capping at the 3907 london high and RSI(14) is flat near 50.
Support: 3,900.00, 3,891.23, 3,870.26
Resistance: 3,907.00, 3,919.35
What it said to watch
ISM Mfg PMI at 15:00 UTC (f/c 54.6) and Goolsbee at 16:15 UTC could materially shift this read
M15 close above the 3907 london high breaks the lower highs line and exposes the 3919 asian high
Loss of the rising lows line and the 3900 psych level puts the 3891 session low back in play
Failure to hold 3891 session low opens a gap fill toward the 3870 yearly low
Lower highs from 3919 Asian high against higher lows from 3891 London low.
Gold gapped above Friday's 3875.80 close on softer USD and oil from Iran-diplomacy headlines, but London swept just under the Asian low to 3891.23 before buyers stepped back in. Price is now compressing in mid-London between higher lows and lower highs off the 3919.35 Asian high. The 3900 round number is acting as the pivot, with supply capping near 3907.
Support: 3,900.00, 3,891.23, 3,875.80
Resistance: 3,907.00, 3,910.21, 3,919.35
What it said to watch
M15 close above the 3910.21 London high breaks the lower-highs sequence and exposes the 3919.35 Asian high
Failure to hold the 3891.23 session low confirms a lower low and puts the unfilled gap fill at 3875.80 in view
ISM Mfg PMI and Prices Paid at 15:00 UTC, early in the NY session, could materially shift this read
Goolsbee at 16:15 UTC is a second event risk for the 3900 round number pivot
12:03 UTC
Sideways, compressing after gap-up open · RSI 51 · price 3,902.11
Lower highs from Asia high into a 3891–3907 intraday range.
Gold gapped up from the 3870 Friday low on a softer USD. The Asia high at 3919.35 was rejected, and London has since compressed into a 3891–3907 range under a falling line of lower highs. Price sits on the 3900 psych late in London, holding the 38.2–50% retrace of the Friday low–Asia high leg, with RSI(14) ~51 and EMAs flat.
Support: 3,900.00, 3,891.23, 3,870.26
Resistance: 3,906.98, 3,919.35
What it said to watch
ISM Mfg PMI at 15:00 UTC (f/c 54.6, Prices Paid 77) and Goolsbee at 16:15 UTC could materially shift this read
M15 close above the 3906.98 swing high breaks the lower-high sequence and reopens the asia high at 3919.35
Failure to hold the 3891.23 session low leaves the open gap toward the 3870.26 friday low exposed
11:47 UTC
Sideways after Monday gap up, compressing near 3,900 · RSI 58 · price 3,904.30
London coiling inside Asian range: lower highs from 3,919, higher low at 3,893.9.
Gold gapped up at the week's open from Friday's 3,875.8 close. Asia set a 3,891–3,919 range, and London has since compressed inside it with lower highs off the asian high and a higher low at the 3,893.9 swing low, holding above the 3,891.2 session low. The softer USD on US-Iran diplomacy is behind the bounce off Friday's 3,870.5 yearly low, but price is still pinned around $3,900 heading into the London-NY transition.
What it said to watch
ISM Mfg PMI at 15:00 UTC (17:00 broker) could materially shift this read; Goolsbee follows at 16:15 UTC
A close above the 3,910.2 london high breaks the lower-highs sequence and opens a retest of the 3,919.4 asian high
Failure to hold the 3,891.2 session low invalidates the higher-low read and exposes the Friday gap toward the 3,870.5 yearly low
11:32 UTC
Sideways after Asia spike, pressing range top · RSI 59 · price 3,904.99
London range 3891–3906 beneath lower highs from the Asian high; weekly gap below unfilled.
Gold gapped above Friday's 3870.26 yearly low on the soft-USD, lower-oil open. Asia ran to the 3919.35 asian high before London faded it to the 3891.23 session low, as supply capped the $3,900 psych zone. Late London has price testing the 3905.65 lower high, the 50% retrace of that drop, with RSI(14) near 59.
Support: 3,891.23, 3,870.26
Resistance: 3,905.65, 3,910.21, 3,919.35
What it said to watch
M15 close above the 3910.21 london high clears the lower-high sequence and the 61.8% retrace, exposing the 3919.35 asian high
Rejection at the 3905.65 lower high keeps the 3891–3906 range intact; losing the $3,900 psych level puts the session low back in focus
Break of the 3891.23 session low opens the weekly gap fill toward the 3870.26 yearly low
ISM Mfg PMI at 15:00 UTC (f/c 54.6, Prices Paid f/c 77) and Goolsbee at 16:15 UTC during NY hours could materially shift this read
Gold gapped up from the 3870 Friday low and Asia extended the bounce to the 3919 Asian high. Mid-London, price is printing lower highs into the 3900 psych level and sits on the 38.2% fib of the 3870–3919 bounce, with the 3891 London low holding twice. A softer USD on Iran-diplomacy hopes is supporting the bounce, while Fed hike bets cap it.
Support: 3,900.00, 3,891.20, 3,870.30
Resistance: 3,905.70, 3,919.35
What it said to watch
M15 close above the 3905.7 London high breaks the lower-high sequence and puts the 3919 Asian high back in play
Failure to hold the 3891 London low takes out the Asian range low and exposes the 3870 Friday low
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
3891–3906 compression under 3919 session high, flat floor.
Monday gapped up from Friday's 3875.80 close and printed a 3919.4 session high at 06:30 UTC, a false break of the 3915.1 asian high that faded into London. Since then gold has compressed in a 3891–3906 box at the 3900 handle. Lower highs are pressing into a flat floor near the 3891.2 session low, with RSI(14) neutral at 48 and price sitting in the 38.2–50% zone of the 3870–3919 rebound fib. Fed hike bets and liquidation risk are capping the bounce despite a softer USD.
Support: 3,891.20, 3,870.30
Resistance: 3,905.70, 3,915.10, 3,919.40
What it said to watch
M15 close below the 3891.2 session low exposes the unfilled gap and the 3870.3 friday low
M15 close above the 3905.7 lower high breaks the compression, with the 3915.1 asian high and 3919.4 session high above
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
10:47 UTC
Intraday range, lower highs since Asia · RSI 37 · price 3,895.37
Lower highs pressing a flat 3891 session low, mid-London.
Gold gapped up from Friday's 3875.80 close and built a 3891–3919 Asian range, but London has printed a lower-highs chain from the 3919.4 Asia high and is pressing the 3891.2 session low. Supply keeps capping the 3900 round number despite the softer USD, and the 3905.7 swing high marks the latest lower high.
Support: 3,891.20, 3,870.30
Resistance: 3,900.00, 3,905.70, 3,919.40
What it said to watch
M15 close below the 3891.2 session low breaks the Asian range and exposes the 3870.3 friday low
Close above the lower-highs trendline and the 3905.7 swing high ends the London compression
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
10:32 UTC
Range after weekend gap, lower highs forming · RSI 42 · price 3,896.93
Lower highs from 3919 against a flat 3891 base.
Mid-London, gold is coiling under the 3900 psych cap. A series of lower highs from the 3919 asian high has formed, while the 3891 asian low held on the London test, even with the softer USD. Friday's weekend gap above the 3870 friday low remains unfilled, and price sits near the 50% of the rebound fib.
Support: 3,891.23, 3,870.26
Resistance: 3,900.00, 3,905.65, 3,919.35
What it said to watch
M15 close above the 3905.65 lower high breaks the lower highs sequence and reopens the 3919 asian high
Failure to hold the 3891 asian low exposes the 3870 friday low and a gap fill
US ISM Manufacturing PMI and Prices Paid at 15:00 UTC (17:00 broker), then Goolsbee at 16:15 UTC, could materially shift this read
10:17 UTC
Sideways under 3900, lower highs since Asia · RSI 42 · price 3,897.73
Lower highs from 3919 into a flat 3891 base; tightening range.
Monday's gap above Friday's 3875.80 close has held, but the 3919.35 asian high capped the move and mid-London is printing lower highs into the 3905.65 london high, while the 3891 session low held a retest. Price sits under the 3900 round number and below both EMAs with RSI(14) near 42; gold is not following the softer USD higher as Fed-hike pricing weighs.
Support: 3,891.23, 3,870.26
Resistance: 3,900.00, 3,905.65, 3,919.35
What it said to watch
M15 close below the 3891 session low breaks the range floor and puts the gap fill toward the 3870 friday low in play
Close above the 3905.65 london high breaks the lower highs trendline, with the 3919.35 asian high the next reference
Holding below the 3900 round number keeps the lower-highs sequence intact
US ISM Manufacturing and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
London ranging 3891–3906 inside the Asian range, lower highs off the 3919 Asian high.
Gold gapped higher at the Monday open and pushed to an Asian high at 3919, but London has slipped back under psych 3900 into a 3891–3906 range. Highs are getting lower along the trendline, and price sits between the 38.2% and 50% retracement of the friday low to asian high rebound as Fed-hike pricing caps gold near $3,900. RSI(14) is around 42 and price is below both EMAs.
Support: 3,891.20, 3,870.30
Resistance: 3,900.00, 3,905.70, 3,919.40
What it said to watch
M15 close below the 3891 asian low would put the gap-fill toward the 3870 friday low in play
Close above the 3906 london high and the lower-highs trendline reopens the 3919 asian high
ISM Manufacturing and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
Lower highs from 3919.4 asian high, London low at 3891.2 reclaimed.
Early London traded inside the 3893–3919 Asian range. A dip to 3891.2 below the Asian low was reclaimed, but every bounce since the 3919.4 asian high has printed a lower high (3910.2, 3905.7) along a descending line, with price under both EMAs. The Monday bounce on Iran-diplomacy USD softness has stalled on sticky December hike pricing, and the gap from Friday's 3875.8 close remains open.
Support: 3,891.20, 3,875.80, 3,870.30
Resistance: 3,905.70, 3,910.20, 3,919.40
What it said to watch
M15 close above the 3905.7 lower high and the descending line weakens the lower-high sequence and puts the 3919.4 asian high back in focus
Failure to hold the 3891.2 london low puts the 3875.8 gap fill and the 3870.3 friday low in play
ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
09:31 UTC
Intraday downtrend, lower highs off Asian peak · RSI 40 · price 3,898.29
Lower highs since 3919 pressing into a 3891 base; Monday gap unfilled.
Gold gapped up from Friday's 3875.80 close as Iran-diplomacy hopes softened the USD and ran to an Asian high at 3919.35. It has since printed lower highs, with London tagging the Asian low near 3891 and holding. Price sits below both EMAs with RSI(14) near 40 and no oversold reading.
Support: 3,891.23, 3,875.80, 3,870.26
Resistance: 3,905.65, 3,910.21, 3,919.35
What it said to watch
M15 close below the 3891 asian low exposes the gap fill at 3875.8 and the friday low at 3870
Close above the 3905.7 lower high and the 3910 london high breaks the lower-high sequence; asian high 3919 sits above
ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
09:16 UTC
Sideways after weekend gap, lower highs in London · RSI 46 · price 3,902.72
Inside Asian range 3891–3919, London lower highs.
Gold gapped up from Friday's 3875.8 close and built a 3891–3919 Asian range as Iran-diplomacy hopes softened the USD. London has capped below the 3910 london high with lower highs, while the asian low near 3891 held on the retest close to the 61.8% fib. Price sits on the 3900 psych level with RSI(14) neutral in the mid-40s.
Support: 3,900.00, 3,891.20, 3,870.30
Resistance: 3,910.20, 3,919.40
What it said to watch
M15 close below the 3891 asian low reopens the weekend gap toward 3875.8 and the 3870 friday low
Close above the 3910 london high breaks the lower-highs line and puts the 3919 asian high back in play
Repeated M15 closes under 3900 psych shift the read from range to breakdown pressure
ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
09:03 UTC
Intraday downtrend within Asian range · RSI 42 · price 3,898.53
Lower highs in London, Asian low swept and reclaimed.
Gold gapped up from Friday's 3,875.80 close and built a 3,891–3,919 Asian range as Iran-diplomacy hopes softened USD, but London has printed lower highs at 3,910.21 (London high) and 3,905.65 beneath the trendline off the Asian high. A brief sweep of the Asian low to 3,891.23 drew demand back to ~3,898, near the 50% of the recovery fib from Friday's low, with RSI(14) at ~42 and price below both EMAs.
What it said to watch
M15 close below the 3,891 Asian low exposes the gap fill at 3,875.80 and the 3,870 Friday low
M15 close above the 3,910 London high breaks the lower-high sequence and trendline, reopening the 3,919 Asian high
ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
Lower highs from the Asian high, session low holding at 3891.
Gold gapped up at the Monday open on a softer USD tied to Iran-diplomacy hopes and reached a 3919.35 Asian high. Since then a chain of lower highs has pulled price back to the 3891 session low in early London. That low was rejected, and price is now pressing the descending trendline near 3901 with RSI(14) near 43, below both EMAs.
Support: 3,891.20, 3,875.80, 3,870.30
Resistance: 3,905.30, 3,919.35
What it said to watch
M15 close above the descending trendline and the 3905.3 lower high reopens the 3919.35 Asian high
Failure to hold the 3891 session low exposes the gap fill at 3875.8 and the 3870.3 Friday low
ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
08:31 UTC
Intraday lower highs inside Asian range · RSI 38 · price 3,894.93
Asian range 3891–3919, London testing range low.
Gold gapped up from the 3870 Friday low and spent Asia in a 3891–3919 range as a softer USD on Iran-diplomacy hopes lifted it. The bounce has stalled. London has carved lower highs off the 3919 Asian high and is now retesting the 3891 Asian low near the 50% fib of the Friday-low-to-Asian-high move, below the 3900 psych mark.
Support: 3,891.20, 3,886.00, 3,870.26
Resistance: 3,900.00, 3,910.20, 3,919.35
What it said to watch
M15 close below the 3891 asian low breaks the Asian range and exposes the 3886 broken floor, then the 3870 friday low
Reclaim of the 3900 psych level and the descending trendline near 3905, then the 3910 lower high, neutralises the lower-high sequence
ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
08:17 UTC
Intraday downtrend, lower highs since Asia · RSI 44 · price 3,896.93
Lower highs from 3919 Asian high, pressing the 3893 range floor.
Monday gapped up from Friday's 3875.80 close, and Asia built a 3893–3919 range as a softer USD on Iran-diplomacy hopes lifted gold. Early London has printed lower highs off the 3919 Asian high and slipped back under the 3900 round number, now pressing the 3893 Asian low with RSI(14) near 44.
Support: 3,893.00, 3,886.10, 3,870.30
Resistance: 3,900.00, 3,910.20, 3,919.40
What it said to watch
M15 close below the 3893 Asian low breaks the session range and exposes the 3886 prior floor, then the 3870 Friday low
Recovery above the 3910 London high breaks the lower-highs trendline and puts the 3919 Asian high back in play
Reclaim of the 3900 round number on a closing basis would ease pressure on the range floor
ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
08:03 UTC
Asian-range bounce, fading off the high · RSI 50 · price 3,902.82
3891–3919 Asian range, price mid-range at London open.
Gold gapped up from Friday's 3875.80 close and built a 3891–3919 Asian range as Iran-diplomacy hopes weighed on USD, but the 3919.35 Asian high was rejected into London open. Price is back at the 61.8% fib near 3903 with RSI(14) flat at 50, holding the 3896.93 swing low under the 3914 prior high.
Support: 3,896.93, 3,891.30, 3,870.54
Resistance: 3,914.00, 3,919.35
What it said to watch
M15 close below the 3896.93 swing low and the 3891.30 Asian low exposes the 3870.54 Friday low
Close above the 3914 prior high reopens the 3919.35 Asian high, where buyers were rejected
Loss of the rising lows line from 3893 marks a lower low inside the range
ISM Mfg PMI and Prices Paid at 15:00 UTC, Goolsbee at 16:15 UTC, could materially shift this read
Asian range 3891–3919, price drifting to range base.
Gold gapped up from Friday's 3875.80 close on US-Iran diplomacy hopes and built a 3891–3919 Asian range. A string of lower highs off the 3919.35 session high has since retraced most of the Asia leg and pulled price back under the 3900 psych into the London open, with the 3893 Asian low holding twice so far as sticky Fed hike bets cap the bounce.
Support: 3,893.00, 3,875.80, 3,870.26
Resistance: 3,900.00, 3,910.20, 3,919.35
What it said to watch
Failure to hold the 3893 asian low reopens the gap fill at 3875.8 and the 3870 friday low
M15 close back above the 3910 lower high breaks the lower-highs sequence and points back to the session high
ISM Mfg PMI and Prices Paid at 15:00 UTC could materially shift this read
07:32 UTC
Range, momentum fading off session high · RSI 51 · price 3,904.75
Asian range 3891–3919 above an unfilled weekend gap; lower highs since 3919.
Gold gapped up at the Monday open from Friday's 3875.80 close, with the move helped by a softer USD on US-Iran diplomacy hopes. The Asia session then built a 3891–3919 range. Price is now printing lower highs off the 3919.35 session high and sits between the 50% and 61.8% of the Asian leg (3906/3903), just under EMA20 with RSI(14) neutral near 51, ahead of London open.
Support: 3,900.00, 3,893.01, 3,875.80
Resistance: 3,915.06, 3,919.35
What it said to watch
A close below the 3900 psych level and the 3893 asian low leaves the gap fill at 3875.80 exposed
A close above the 3915 prior high breaks the lower-highs line and reopens the 3919.35 session high
ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
Asian range 3891–3919, rising lows, retracing toward the trendline.
Gold gapped up from Friday's 3875.80 close and built a 3891–3919 Asian range on USD softness from US-Iran diplomacy headlines, with higher lows at the 3893.0 swing low and the 3898.3 higher low. Ahead of London open, price is retracing the push to the 3919.35 asian high and sits at the 50–61.8% fib near 3904–3906, testing the rising trendline. RSI(14) is neutral near 53.
Support: 3,903.70, 3,898.30, 3,893.00
Resistance: 3,915.10, 3,919.35
What it said to watch
M15 close below the trendline near 3903.7, then the 3898.3 higher low, breaks the rising-low chain toward the 3893.0 swing low
A close above the 3915 prior high and the 3919.35 asian high extends the session range
ISM Manufacturing at 15:00 UTC (Prices Paid f/c 77) and Goolsbee at 16:15 UTC could materially shift this read
Weekend gap to Friday's 3875.80 close remains unfilled below the 3893.0 swing low
07:03 UTC
Intraday recovery, pulling back from session high · RSI 52 · price 3,908.73
Higher lows inside the 3891–3919 Asian range after a weekend gap.
Gold gapped up from Friday's 3870 low into Monday's Asia session as US-Iran diplomacy headlines softened the USD. Price then built a 3891–3919 Asian range on a chain of higher lows. The 3919 session high was rejected into the European pre-open, and price is now sitting near the 38.2% of the Asia leg at 3908, just above the 3903.7 swing low and the rising trendline.
Support: 3,903.74, 3,898.27, 3,891.30
Resistance: 3,919.35, 3,923.78
What it said to watch
M15 close below the 3903.7 swing low and the rising trendline breaks the higher-low chain and exposes the 3898 higher low
Loss of the 3891 session low reopens the gap toward Friday's 3870s close
Close above the 3919 session high clears the Asian range, with the 3923.8 prior high from Friday's NY selloff next
ISM Manufacturing at 15:00 UTC and Goolsbee at 16:15 UTC could materially shift this read
06:47 UTC
Intraday recovery, pulling back from session high · RSI 50 · price 3,904.80
Asian higher low at 3893, higher high at 3919; now retracing within the Asian range.
Gold gapped up at the weekly open from Friday's 3875.80 close. It built a 3891.30–3919.35 Asian range as US-Iran diplomacy hopes softened the USD. Price is now easing back to the 50% fib near 3905 ahead of London open, with rising support from the 3893 asian low and the 3898.3 swing low just beneath.
Support: 3,898.30, 3,893.00, 3,870.50
Resistance: 3,909.70, 3,919.35, 3,923.80
What it said to watch
Break below the 3898.3 swing low and rising support exposes the 3893 asian low and the gap toward Friday's 3870.5 ytd low
Reclaim of the 3909.7 lower high, then a close above the 3919.35 session high, opens the 3923.8 prior high
ISM Manufacturing PMI and Prices Paid at 15:00 UTC could materially shift this read
06:32 UTC
Intraday recovery, pausing below Asian high · RSI 55 · price 3,908.67
Weekend gap up, Asian higher lows, pullback from 3919 range top.
Gold gapped up from Friday's 3870 low and built a 3891–3919 Asian range as Iran-diplomacy headlines softened the USD, printing higher lows off a double bottom at the 3893 Asian low. Late in Asia, price is easing from the 3919 Asian high but holding above psych 3900, where the 38.2% fib of the Friday low-to-Asian high leg sits. RSI(14) is neutral near 55.
Support: 3,900.00, 3,893.00, 3,870.26
Resistance: 3,919.35, 3,923.78
What it said to watch
London open break of the 3891–3919 Asian range would set the session direction
An M15 close below psych 3900 and the Asian higher-low trendline puts the 3893 Asian low back in play
A close above the 3919 Asian high exposes the 3924 Friday swing high
Loss of the 3893 Asian low reopens the 3870 Friday low and fills the weekend gap
ISM Manufacturing at 15:00 UTC (f/c 54.6, Prices Paid 77) and Goolsbee at 16:15 UTC could materially shift this read
06:17 UTC
Intraday uptrend after Monday gap up · RSI 62 · price 3,913.01
Higher lows at 3893.01 and 3898.27, new session high at 3919.35.
Gold gapped up from Friday's 3875.80 close. Asia then printed higher lows at 3893.01 and 3898.27 before breaking the 3915 overnight high to a 3919.35 session high, as US-Iran diplomacy headlines softened the USD. Price is holding just under the session high late in Asia, ahead of the London open, with RSI(14) near 62 and not stretched.
Support: 3,898.27, 3,893.01, 3,875.80
Resistance: 3,919.35, 3,923.78
What it said to watch
An M15 close above the 3919.35 session high brings Friday's 3923.78 swing high (fri swing hi) into play.
A pullback that holds the 50% fib of the Asia leg near 3906 keeps the higher-lows sequence intact.
Failure to hold the 3898.27 higher low breaks the higher-lows chain and puts the 3893.01 session low back in focus.
A loss of the session low exposes the gap fill at Friday's 3875.80 close.
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read.
06:06 UTC
Intraday uptrend off Asian double bottom · RSI 60 · price 3,914.06
Gap-up open, Asian range broken higher, higher lows from 3893.
Gold gapped up from Friday's 3875.80 close as USD eased on US-Iran diplomacy hopes. A double bottom at the 3893 Asian low led to a higher low at 3898.27, then a late-Asia break of the Asian range to a 3919.35 session high. Price is holding 3912–3914 into London open, below Friday's prior swing at 3923.78, with RSI(14) near 60.
Support: 3,898.27, 3,893.01
Resistance: 3,919.35, 3,923.78
What it said to watch
M15 close below the 3898.27 higher low breaks the higher-lows chain and puts the 3893 Asian low back in play
Close above the 3919.35 session high and the 3923.78 prior swing extends the breakout leg
Pullback holding the 50–61.8% retracement of the session leg (3906–3903) keeps the breakout intact
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
05:47 UTC
Intraday recovery, higher lows off weekend gap · RSI 66 · price 3,917.42
Asian range top at 3915 broken, new session high printed.
Late Asia: gold gapped higher from Friday's 3875.80 close, then built higher lows at the 3893 asian low and 3898.27 before clearing the 3915 prior high to a 3919.35 session high, RSI(14) near 66. The digest frames this as a technical bounce off Friday's one-year low; Friday's 3923.78 swing high is the next cap overhead.
Support: 3,915.06, 3,898.27, 3,893.01
Resistance: 3,919.35, 3,923.78
What it said to watch
Slip back below the 3915 prior high around London open turns the breakout into a false break inside the Asian range
M15 close above the 3923.78 swing high extends the recovery leg off Friday's 3870 low
Break of the 3898.27 higher low and the 3893 asian low undoes the intraday HL chain
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
05:32 UTC
Rebound inside a range after Friday's selloff · RSI 55 · price 3,910.65
Asian range 3893–3915, higher lows building under the range top.
Gold gapped up at the Monday open from Friday's 3875.80 close, after Friday's NY-session rout to 3870. Late in the Asia session it has held a 3893–3915 range, with the asian low defended twice and a higher low at 3898 along the rising lows line pressing price back toward the asian high. The digest reads the bounce as technical, with Fed-hike pricing and oil still capping follow-through ahead of ISM.
Support: 3,898.10, 3,893.00, 3,875.80
Resistance: 3,915.10, 3,923.80
What it said to watch
M15 close above the 3915 asian high opens the Friday swing high (fri swing hi) at 3923.8
Loss of the 3898 higher low and the rising lows line returns price to the 3893 asian low
Break below the 3893 asian low exposes the unfilled gap fill at 3875.8
London open is the first test of the Asian range
ISM Manufacturing and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
05:17 UTC
Rebound after Friday's selloff, now compressing · RSI 52 · price 3,907.38
Asian range 3893–3915; lower highs and higher lows coiling price into 3898–3909.
Gold gapped up from Friday's 3875.80 close, which leaves a gap fill level below. Asia set a 3893–3915 range after the bounce off the one-year low, and lower highs against rising lows have coiled price between the 3898.27 swing low and the 3909.13 swing high. Late in the Asia session, price is pressing the descending highs line near 3907 with RSI(14) neutral around 52. The digest reads the bounce as technical, with ISM hike risk overhead.
Support: 3,898.27, 3,893.01, 3,875.80
Resistance: 3,909.13, 3,915.06, 3,923.78
What it said to watch
Close above the 3909.13 swing high clears the descending highs line and puts the 3915.06 asian high in play, with the 3923.78 fri bounce high above that
Failure to hold the 3898.27 swing low breaks the rising lows line and exposes the 3893.01 asian low
Loss of the asian low would leave the 3875.80 gap fill as the next reference
London open is due shortly and may decide which side of the coil gives way
ISM Manufacturing at 15:00 UTC: a hot Prices Paid print (f/c 77) could quickly reverse the gap-up rebound
Asian range 3893–3915, price mid-range below ema50.
Gold gapped up from Friday's 3875.80 close and the Asia session has held a 3893–3915 range. Price sits mid-range at 3903, on the 23.6% fib of Friday's 4011–3870 rout. Demand held the 3893 asian low twice, supply capped the 3915 asian high, and the ema50 near 3909 is limiting the bounce.
Support: 3,893.00, 3,870.26
Resistance: 3,909.00, 3,915.06, 3,923.78
What it said to watch
Break below the 3893 asian low opens a gap fill toward 3875.80 and the 3870 friday low
M15 close above the ema50 near 3909 and then the 3915 asian high opens the 3924 prior high
London open breaking either side of the Asian range would end the range read
ISM Manufacturing at 15:00 UTC (PMI f/c 54.6, Prices Paid f/c 77) could materially shift this read
04:47 UTC
Rebound stalling below Asian high · RSI 50 · price 3,900.77
Asian range 3891–3915, lower highs compressing toward 3900.
Monday gapped about 17 points above Friday's 3875.80 close. Late in the Asia session, price is holding a 3891–3915 range, with the asian low at 3893 tested twice and a lower high chain (3915, 3909, 3908) squeezing price toward 3900. RSI(14) is flat near 50, and the macro digest frames the bounce off the 3870 friday low as technical, with oil-driven Fed-hike fears limiting follow-through.
Support: 3,893.00, 3,875.80, 3,870.26
Resistance: 3,909.13, 3,915.06
What it said to watch
A London open break of the 3891–3915 Asian range sets the session direction; inside it, the read stays range-bound
An M15 close below the 3893 asian low exposes the 3875.80 gap fill and the 3870 friday low
A close above the 3909 lower high breaks the descending sequence of Asian lower highs; the 3915 asian high is the range top
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
Asian range 3891–3915, lower high inside range, compressing near midpoint.
Gold gapped about $17 higher at the Asia open from Friday's 3875.80 close, after the NY-session slide to a 3870 friday low. The digest ties the selloff to oil-driven Fed-hike pricing. The Asian range is 3891–3915, and price is compressing at its 50% retracement near 3903, between EMA20 and EMA50, with a 3909 lower high under the asian high while the 3893 asian low has held twice.
Support: 3,893.00, 3,875.80, 3,870.30
Resistance: 3,909.10, 3,915.10, 3,923.80
What it said to watch
M15 close below the 3893 asian low opens the gap fill at 3875.80 and the 3870 friday low
Close above the 3909 lower high and the 3915 asian high breaks the compression, with 3923.8 prior swing next overhead
London open in ~2.5h tests whether the Asian range holds
ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
Asian range 3,891–3,915 with lower highs off the 3,915 high and a double low at 3,893.
Gold gapped up at the Monday open, above Friday's 3,875.80 close, after Friday's slide to a 3,870.54 low. The Asian-session bounce stalled at the 3,915 Asia high, near the 78.6% level on the fib of Friday's late leg from the 3,923.78 swing high, and has since printed lower highs. Demand stepped in twice at 3,893, forming a double low, and price is now pivoting around the 3,900 psych level in late Asia with RSI(14) neutral near 54.
What it said to watch
A close above the 3,915 Asia high breaks the range and brings the 3,923.78 Friday swing high into view
A close below the 3,893 double low reopens the gap fill toward 3,875.80 and the 3,870 low
Repeated closes back under 3,900 psych would keep the lower-high sequence intact into London open
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC; a hot prices print reviving Fed-hike odds could materially shift this read
Oil and US-Iran headlines remain a swing factor for the Asian range
Asia range 3893–3915 with lower highs, gap unfilled.
Monday gapped up from Friday's 3875.80 close after the NY sell-off to the 3870 low. Asia has since held a 3893–3915 range: the asia low held twice, but highs have stepped lower since the 01:00 UTC spike to the 3915 asia high, with oil-driven Fed-hike pricing still capping rebounds. Price sits mid-range near 3906 late in the Asia session; RSI(14) is neutral around 56 and ATR runs about 915 pips.
Support: 3,893.00, 3,886.00, 3,875.80
Resistance: 3,908.00, 3,915.06
What it said to watch
M15 close above the 3908 lower high breaks the descending line and reopens the 3915 asia high
Failure at the 3893 asia low exposes the 3886 broken floor and the 3875.80 gap fill
London open could set the first break of the Asian range
ISM Manufacturing and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
03:32 UTC
Rebound after Friday's sell-off, now flat · RSI 50 · price 3,900.18
Asian range 3891–3915 after weekend gap up, mid-range.
Gold gapped up from Friday's 3875.80 close as USD softened on Middle East diplomacy. Late Asia session has built a 3891–3915 range, retracing about a third of the Friday drop. Buyers stepped in near the 3893 Asian low twice, while sellers capped the 3915 Asian high. Price is pivoting at 3900 just under EMA20/EMA50, with RSI(14) neutral near 50.
Support: 3,891.30, 3,875.80, 3,870.54
Resistance: 3,915.06, 3,923.78
What it said to watch
M15 close above the 3915 asian high breaks the range and opens the 3923.78 swing high
Failure to hold the 3891 asian low exposes the gap fill at 3875.80 and Friday low at 3870.54
London open in ~3.5h, the likely test of the Asian range edges
ISM Manufacturing / Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
03:16 UTC
Rebound inside a broader intraday downtrend, flat in Asia · RSI 55 · price 3,904.66
Asian range 3891–3915 above an unfilled weekend gap.
Gold gapped up about $17 at the Monday open from Friday's 3875.80 close, which came after NY-session selling set a one-year low at 3870.26. Mid-Asia, price sits near the 61.8% of Friday's drop from the 3923.78 fri swing hi. The asian low at 3891–3893 has held twice, while the 01:00 UTC spike faded under the 3915 asian high.
Support: 3,893.00, 3,886.00, 3,870.26
Resistance: 3,915.06, 3,923.78
What it said to watch
M15 close above the 3915 asian high clears the Asian range and puts the 3923.78 fri swing hi in play
Loss of the 3893 asian low reopens the 3886 old floor and the weekend gap down to 3875.80
Gap fill toward the 3870.26 one-year low would confirm the bounce as a pause in Friday's decline
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
03:03 UTC
Intraday pullback inside a gapped-up Asian range · RSI 48 · price 3,896.82
Asian range 3891–3915, price back at range low after rejection at session high.
Monday Asia gapped up from Friday's 3875.80 close and pushed to a 3915.06 session high, but supply capped there and the last two bars unwound most of the Asian rally (fib near 90% retraced) back toward the 3891.30 Asian low. RSI(14) is neutral near 48 with price under both EMAs and under the 3900 psych handle; the gap to Friday's close is still unfilled, with the 3870.26 Friday low (YTD low) below.
Support: 3,891.30, 3,875.80, 3,870.26
Resistance: 3,900.00, 3,915.06
What it said to watch
M15 close below the 3891.30 Asian low exposes the unfilled gap to the 3875.80 Friday close and the 3870.26 Friday low
Reclaim and hold above the 3900 psych handle keeps the Asian range intact; a break of the 3915.06 session high invalidates the range read
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read; a hot Prices Paid has been gold-negative via Fed hike pricing
ATR(14) near 860 pips (~$8.6) means intraday swings of that size are routine
02:47 UTC
Rebound off Friday low, stalling below Asian high · RSI 54 · price 3,904.47
Gap-up Asian range 3891–3915, pulled back to 3900.
Gold gapped higher at the Asia open after Friday's NY slide to 3870, then hit rejection at the 3915 asian high three times. Price has slipped back to the 3900 psych level, which sits at the 23.6% fib of Friday's selloff, with EMA50 near 3911 capping. Oil-driven Fed-hike pricing keeps the upside contained per the macro read.
Support: 3,900.00, 3,891.30, 3,875.80
Resistance: 3,915.06, 3,924.00
What it said to watch
M15 close below the 3891 asian low exposes the 3875.8 gap fill (Friday close)
Close above the 3915 asian high opens the 38.2% fib near 3924, Friday's NY bounce high
Failure to hold 3900 psych shifts the Asian range toward its lower half
ISM Manufacturing and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
Gap-up open, Asian range broken higher, tight consolidation 3904–3915.
Monday Asia gapped up from Friday's 3875.80 close and broke out of the early 3891–3904 range at 01:00 UTC, printing a 3915.06 session high. Price is now holding 3904–3915 above the 3900 round number, a bounce off the 3870 one-year low that the digest frames against oil-driven Fed-hike bets; RSI(14) near 64 is not stretched.
Support: 3,904.20, 3,900.00, 3,891.30
Resistance: 3,915.06, 3,923.78
What it said to watch
M15 close back below the 3904.2 pullback low and 3900 round number puts price back inside the early Asian range
Loss of the 3891.3 asian low reopens a gap fill toward Friday's 3875.80 close
Close above the 3915.06 session high exposes Friday's 3923.78 swing high
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
Monday gap up, Asian range broken higher, higher low at 3904.
Gold gapped about $17 higher at the Asia open from Friday's 3875.80 close, which followed the NY-session liquidation to a 3870.26 low. The 3891–3904 Asian range broke higher at 01:00 UTC to a 3915.06 session high. Price is now stalling at the ema50 near 3911 with a higher low at 3904, RSI(14) at 59 and ATR(14) around $8.90, while oil-driven Fed-hike pricing keeps a lid on the rebound.
Support: 3,904.19, 3,891.30, 3,875.80
Resistance: 3,911.20, 3,915.06, 3,923.78
What it said to watch
A close above the 3915.06 session high opens the 3923.78 prior high, Friday's NY bounce top
Loss of the 3904 higher low and the higher-low line returns price to the 3891.30 session low, with the 61.8% fib near 3887 just below
A fade through the session low puts the fri close gap fill at 3875.80 in play
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
02:05 UTC
Intraday rebound within a broader decline · RSI 64 · price 3,908.86
Monday gap higher, Asian range broken to the upside, holding 3904–3915.
Monday's Asia session gapped up from Friday's 3875.80 close. The 03:00 broker push cleared the early Asian range and printed a 3915.06 session high, retracing past 61.8% of the 3924–3870 Friday leg as gold bounces off the 3870 friday low. Price is holding above the 3900 round number with RSI(14) near 64, while the 3924 prior high sits overhead and oil-driven Fed-hike pricing remains the headwind the digest flags.
Support: 3,900.00, 3,891.30, 3,870.26
Resistance: 3,915.06, 3,923.78
What it said to watch
A close back below the 3900 round number and the 3891 asian low would reopen the gap toward Friday's 3876 close
A break of the 3915 session high exposes the 3924 prior high at the top of the Friday leg fib
Loss of the 3870 friday low would extend the lower-low sequence
ISM Manufacturing PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
Gap up from Friday close, Asian range 3891–3915, testing EMA50.
Gold gapped about 17 higher at the Monday open from Friday's 3875.80 close, then broke the early-Asia cap near 3903 at 01:00 UTC to a 3915.06 session high, stalling just under the EMA50 (~3912). The 3900 round number sits near the 61.8% of the Monday rally fib, and the digest frames the bounce as corrective after Friday's liquidation-driven drop to the 3870 friday low.
Support: 3,900.00, 3,891.30, 3,870.26
Resistance: 3,915.06, 3,923.78
What it said to watch
M15 close above the 3915.06 session high opens the 3923.78 fri ny high, Friday's NY bounce peak
Loss of the 3900 round number puts the 3891.30 session low and the gap back in play
Break below the session low reopens the path toward the 3870.26 friday low
US ISM Manufacturing and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
01:32 UTC
Corrective rebound off Friday low, stalling at EMA50 · RSI 62 · price 3,908.23
Gap-up Asian range 3891–3915, higher low above Friday's 3870 base.
Monday's Asia session opened with a gap up from Friday's 3875.80 close. A spike from 3893 printed the 3915.06 asian high and lifted price back above the 3900 round number, but it is stalling at EMA50 (~3910) with RSI(14) near 62. The digest frames the bounce off the 3870.26 friday low as corrective after Friday's liquidation-driven slide.
Support: 3,900.00, 3,891.30, 3,870.26
Resistance: 3,915.06, 3,923.78
What it said to watch
M15 close above the 3915.06 asian high opens the 3923.78 prior high from Friday's NY bounce
Loss of the 3900 round number exposes the 38.2% fib of the 3870-3915 bounce at ~3898 and the 3891.30 asian low; below there the weekend gap toward 3875.80 is unfilled
US ISM Manufacturing PMI and Prices Paid at 15:00 UTC, followed by Goolsbee at 16:15, could materially shift this read
Gold opened Monday's Asia session with a ~$17 gap above Friday's 3875.80 close, after the liquidation-driven slide to a 3870.26 Friday low. The 01:00 UTC bar broke the early Asian range top at the 3903.78 asia high and reclaimed the 3900 round number, printing 3915. Next overhead are the 38.2% fib of Friday's selloff at 3919.6 and the 3923.78 bounce high. RSI(14) near 62 is not stretched, and price is only marginally above EMA50.
Support: 3,903.78, 3,900.00, 3,891.30
Resistance: 3,919.57, 3,923.78
What it said to watch
M15 close back below the 3903.78 asia high would turn the breakout into a false break
Loss of the 3900 round number and the 3891.30 session low reopens the gap toward the 3870.26 Friday low
M15 close above the 3923.78 bounce high clears the 38.2% fib and opens the 50% retracement near 3934.8
US ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
00:47 UTC
Downtrend, pausing after gap up · RSI 58 · price 3,895.70
Tight Asian range above Friday low, gap unfilled.
Gold reopened with a gap up from Friday's 3875.80 close after a liquidation-driven slide to the 3870.26 Friday low. The early Asia session is holding a tight 3891–3904 range, with the Asian high capping near the 61.8% fib of the 3923.78–3870.26 leg and price sitting below EMA50.
Support: 3,891.30, 3,875.80, 3,870.26
Resistance: 3,903.78, 3,923.78
What it said to watch
A close above the 3903.78 Asian high and 61.8% fib opens the path to the 3923.78 swing high
A break of the 3891.30 Asian low exposes the gap fill at 3875.80 and the 3870.26 Friday low
US ISM Mfg PMI and Prices Paid at 15:00 UTC could materially shift this read
Asia session opened with a gap up from Friday's 3875.80 close, lifting gold into the 50–61.8% retrace of Friday's late 3923.78 swing high to 3870.26 friday low leg. The asian high at 3903.78 is capping so far, and the asian low at 3891.30 is holding. Friday's NY-hours liquidation drop, alongside a firmer USD and hawkish Fed rhetoric, still defines the descending resistance.
Support: 3,891.30, 3,875.80, 3,870.26
Resistance: 3,903.78, 3,923.78
What it said to watch
M15 close above the 3903.78 asian high clears the 61.8% retrace and puts the 3923.78 swing high in view
Failure to hold the 3891.30 asian low exposes the 3875.80 gap fill
Break below the 3870.26 friday low resumes the lower-low sequence
US ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15, could materially shift this read
00:17 UTC
Downtrend, bouncing on Monday gap · RSI 62 · price 3,901.13
Gap-up open above Friday close, testing 3900 inside a narrow Asian range.
Asia session opened about $17 above Friday's 3875.80 close after the liquidation-driven NY selloff to a 3870.54 friday low. The gap has stalled at the 3900 round number, with the asian high at 3903.78 sitting on the 61.8% fib of the late-Friday leg from the 3923.78 swing high. The Asian range is 3891.30–3903.78 so far.
Support: 3,891.30, 3,875.80, 3,870.54
Resistance: 3,903.78, 3,923.78
What it said to watch
Close above the 3903.78 asian high and fib 61.8% opens the path toward the 3923.78 swing high
Loss of the 3891.30 asian low exposes the 3875.80 gap fill and the 3870.54 friday low
US ISM Mfg PMI and Prices Paid at 15:00 UTC, then Goolsbee at 16:15 UTC, could materially shift this read
00:03 UTC
Downtrend, Monday gap up pausing at 3900 · RSI 55 · price 3,900.50
Friday lower-high/lower-low chain; Asia open gapped above it and is testing 3900.
Asia opened with a ~1,690-pip gap above the 3875.80 fri close. Price is stalling at the 3900 psych and the 3902.23 session high, close to the 61.8% fib of the 3923.78 swing high to 3870.26 friday low move. Friday's NY leg down came amid hawkish Fed rhetoric and cross-asset liquidation; RSI(14) sits near 55, with price above EMA20 but below EMA50.
Support: 3,891.30, 3,875.80, 3,870.26
Resistance: 3,902.23, 3,923.78
What it said to watch
A close above the 3902.23 session high and the 61.8% fib opens the path to the 3923.78 swing high
Loss of the 3891.30 session low puts the gap fill at the 3875.80 fri close back in play, then the 3870.26 friday low
US ISM Mfg PMI and Prices Paid at 15:00 UTC (NY session), then Goolsbee at 16:15, could materially shift this read