XAU/USD AI Live Scan, 15-minute chart, Tuesday, 3 November 2026
Every read JAFX AI made on the XAU/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:48 UTC
Sideways after failed NY spike, lower highs · RSI 55 · price 3,929.79
Range 3917–3939 since the post-JOLTS reversal; early Asia inside range.
Early Asia is trading inside the 3917–3939 range left after Tuesday's beat on JOLTS reversed the NY spike high at 3971. The first Asia probe to the 3939.06 asia high was rejected, and price is holding just above the 3926.70 asia low. It sits near the 50–61.8% zone of the 3895–3971 spike fib. RSI(14) ~55 and the flat EMAs sit just below price, so there is no momentum edge.
Support: 3,926.70, 3,917.56, 3,895.50
Resistance: 3,939.06, 3,971.01
What it said to watch
M15 close above 3939.06 asia high invalidates the range read and exposes 3950, then the 3971 spike high
Failure to hold 3917.56 ny low confirms a lower-low and puts the 3895.50 london low back in view
Loss of the 3926.70 asia low keeps the Asia session pinned to the lower half of the range
US midterm results landing during the Asia session could add haven demand and break the range
ADP 13:15 UTC and ISM Services 15:00 UTC Wed could materially shift this read
23:33 UTC
Post-spike downtrend, stalling into a range · RSI 52 · price 3,928.76
Lower highs since the 3971 NY high; early Asia session holding 3927.6–3934.2 above the 3917.5 NY low.
NY pushed through the prior Asian high to a 3971 NY high, then the JOLTS beat and higher yields reversed it. Since then the pair has printed lower highs at 3938.5 and the 3934.2 session high, while the 3917.5 NY low has held. The early Asia session is rotating in a tight band above the 3927.6 asia low, with RSI(14) near 52 and price sitting just above both EMAs.
Support: 3,895.50
Resistance: 3,934.22, 3,938.54, 3,971.01
What it said to watch
M15 close above the 3938.5 lower high breaks the lower-highs line and exposes 3944, the 50% retrace of the NY selloff
Loss of the 3927.6 asia low turns focus back to the 3917.5 NY low; failure there reopens the 3895.5 day low
US midterm Senate call during the Asia session could break the 3927.6–3934.2 session high band either way
Wed ADP (13:15 UTC) and ISM Services (15:00 UTC) are the next scheduled catalysts for a move back toward the 3971 NY high or the day low
23:18 UTC
Down from NY spike high, short-term bounce · RSI 55 · price 3,930.97
Lower highs below 3971.01, rebound off 3917.56 swing low.
Early NY ran from the 3895.50 day low to a 3971.01 day high before a sharp rejection. The JOLTS beat extended the slide, leaving lower highs near 3938 and 3935. Price bounced off the 3917.56 swing low into the Asia open and is now retesting the 50% fib of the NY spike near 3933, just under the 3935.18 lower high, with RSI(14) neutral at 55.
Support: 3,924.34, 3,917.56, 3,895.50
Resistance: 3,935.18, 3,942.17, 3,971.01
What it said to watch
M15 close above the 3935.18 lower high breaks the lower-high sequence and opens the 38.2% fib at 3942.17
Loss of the 61.8% fib at 3924.34 exposes the 3917.56 swing low, then the 3895.50 day low
US midterm results landing from 23:00 UTC could move gold sharply in thin Asia session liquidity
ADP (13:15 UTC) and ISM Services (15:00 UTC) on Wednesday could reset the intraday structure
Lower highs from the 3971 spike; 3917.56 swing low holding.
The NY-session spike from the 3895.5 session low to the 3971.01 day high was rejected from the 14:00 UTC bar, as JOLTS and Factory Orders beats lifted yields and December hike odds. Since then, lower highs have pushed price down to the 3917.56 swing low. A late base around 3919–3922 has lifted price to the lower-high line near 3930, which sits at the 23.6% fib, with RSI(14) neutral near 52.
Support: 3,919.40, 3,917.56, 3,895.50
Resistance: 3,935.18, 3,944.30, 3,971.01
What it said to watch
M15 close above the 3935.18 lower high breaks the lower-high sequence and puts the fib 50% at 3944.3 in play
Rejection at the lower-high line keeps the late base at 3919.4 and the 3917.56 swing low in focus; a break below opens the 3895.5 session low
US midterm results through the Asia session could materially shift this read
ADP 13:15 UTC and ISM Services 15:00 UTC Wed are the next scheduled volatility points; the 3971.01 day high is the upper reference
Lower highs since NY spike high; bounce testing descending trendline.
Firm JOLTS and factory orders at 15:00 UTC reversed the NY rally from the 3971.01 session high, leaving lower highs down to the 3917.56 late NY low. The late-session bounce sits at the 23.6% fib of that drop near 3930 and is pressing the descending trendline, with the 3935.18 lower high and the 38.2% near 3938 overhead. RSI(14) is 58.
Support: 3,923.10, 3,917.56
Resistance: 3,935.18, 3,949.63
What it said to watch
M15 close above the 3935.18 lower high and the 38.2% fib near 3938 breaks the lower-high sequence
Reclaiming the 3949.63 retest cap, which capped three post-data retests, would erase most of the NY drop
Failure back below the 3923.10 data low reopens the 3917.56 late NY low
US midterm results from shortly after 23:00 UTC could gap price in thin Asia session liquidity
22:32 UTC
Intraday downswing from NY high, late bounce · RSI 53 · price 3,930.15
Lower highs off 3971 session high, higher lows off 3917.6.
NY session rallied from the 3895.5 day low to a 3971 session high. The JOLTS beat triggered a rejection there, and lower highs ground price down to a 3917.6 NY low. A late-NY bounce has price at the 23.6% retrace near 3930, with the 3935.2 swing high and the 3938.5 JOLTS bounce high (38.2%) overhead.
Support: 3,923.10, 3,917.56, 3,895.50
Resistance: 3,935.18, 3,938.54, 3,950.00
What it said to watch
M15 close above 3938.5 (38.2% retrace) breaks the lower-high sequence and puts the 3950 monday high in view
Failure back below the 3923.1 jolts low exposes the 3917.6 ny low, then the 3895.5 day low
Midterm results from ~23:00 UTC hit a thin Asia session and could produce outsized moves
ADP at 13:15 UTC and ISM Services at 15:00 UTC tomorrow could materially shift this read
Lower highs since the 3971 spike; micro higher lows off 3917.6.
Gold rejected the 3971 London-NY transition spike, and the JOLTS beat extended the slide to a 3917.56 swing low late in NY as yields firmed. The late-session bounce off a 3922 higher low is now pressing the descending trendline from the 3938.5 post-data high, at the 23.6% retrace near 3930.
Support: 3,922.08, 3,917.56, 3,895.50
Resistance: 3,935.18, 3,938.54, 3,950.00
What it said to watch
M15 close above the 3935.2 lower high breaks the descending trendline and opens the 3938.5 post-data high, then the 3950 round number
Failure to hold the 3922 higher low puts the 3917.6 swing low back in play, with the 3895.5 London low below
US midterm results from ~23:00 UTC, then ADP 13:15 UTC and ISM Services 15:00 UTC Wed, could materially shift this read
Lower highs and lower lows since 13:45 UTC; bounce testing the lower-high line.
The NY spike to the 3971.01 session high reversed after the JOLTS and Factory Orders beats lifted yields. That left a lower-high/lower-low sequence down to the 3917.56 NY low. The late-NY bounce to 3930 sits at the 23.6% fib of the NY drop and on the lower-highs trendline, with RSI(14) neutral near 49.
Support: 3,923.10, 3,917.56, 3,895.50
Resistance: 3,935.18, 3,944.29
What it said to watch
M15 close above the 3935.18 lower high breaks the descending sequence; the fib 50% at 3944.29 is the next level overhead
Loss of the 3923.10 swing low and the 3917.56 NY low extends the lower lows toward the 3895.50 day low
Midterm results from ~23:00 UTC land in thin post-NY liquidity; ADP (13:15 UTC) and ISM Services (15:00 UTC) on Wednesday could materially shift this read
Lower highs after the 3971 false break; bounce off the 3917.6 NY low.
The NY spike to the 3971.0 spike high cleared the Asian high at 3964.5 but was rejected. The JOLTS beat at 15:00 UTC extended the reversal, leaving lower highs at 3938.5 and 3935.2. A late-NY bounce off the 3917.6 NY low is now pressing the descending trendline near 3930, at the 23.6% fib of the 3971–3917.6 drop.
Support: 3,917.60, 3,895.50
Resistance: 3,935.20, 3,938.50, 3,971.00
What it said to watch
M15 close above the 3935.2 lower high breaks the descending trendline and the lower-high sequence; 38.2% fib at 3938.5 sits next
Failure back below the 3917.6 NY low reopens the 3895.5 day low
Midterm results from ~23:00 UTC could materially shift this read through the Asia session; ADP 13:15 UTC and ISM Services 15:00 UTC Wednesday follow
21:17 UTC
Intraday downtrend after NY spike reversal · RSI 38 · price 3,923.44
Lower highs from 3971.01 session high; basing near session low after NY close.
The early-NY rally from the 3895.50 day low reversed hard off 3971.01 as the JOLTS and factory orders beats hit, and price has bled lower since in a lower-high chain to a 3917.56 session low. After NY close it is basing just under the 61.8% retrace at 3924.34, RSI(14) near 38, below both EMAs.
Support: 3,917.56, 3,895.50
Resistance: 3,924.34, 3,935.18, 3,942.17
What it said to watch
M15 close back above the 3935.18 lower high breaks the lower-high chain; the 3942.17 fib 38.2 sits above it
Loss of the 3917.56 session low exposes the 3895.50 day low
Midterm results from ~23:00 UTC could widen the Asian range; ADP 13:15 UTC and ISM Services 15:00 UTC Wed are the next data tests
21:03 UTC
Downtrend, grinding lower after NY spike reversal · RSI 36 · price 3,920.24
Lower highs since the post-JOLTS bounce high; pressing session low.
The early-NY rally from the 3895.5 day low ran to a 3971.01 spike high and then fully reversed on the JOLTS beat, which lifted yields and Dec hike odds. Since the 3938.54 bounce high, gold has printed a lower-high chain into the 3917.56 session low after the NY close, with RSI(14) near 36 and well clear of oversold.
Support: 3,917.56, 3,910.00, 3,895.50
Resistance: 3,925.44, 3,938.54, 3,971.01
What it said to watch
M15 close below the 3917.56 session low extends the lower-low sequence toward the 3910 range top from the London base
Reclaiming the 3925.44 lower high and the descending lower-highs line would break the intraday downtrend read
3938.54 bounce high sits at the 38.2% retracement of the spike high drop; a break above it undercuts the sell-off structure
Midterm results from ~23:00 UTC could widen the overnight range
ADP and ISM Services on Wednesday could challenge the 3895.5 day low or the bounce high
20:47 UTC
Downtrend, grinding lower into the NY close · RSI 39 · price 3,921.62
Lower highs and lower lows since the NY spike high at 3971, now below the 3923 JOLTS low.
Gold spiked from the 3895 day low to a 3971 session high early in the NY session. That move was rejected, and the JOLTS and Factory Orders beats then knocked it to the 3923 jolts low. Since then a chain of lower highs (3938 post-data hi, 3935 lower high) has pushed price under 3923 and to a 3917.56 session low, a roughly 65% retrace of the spike fib, with RSI(14) near 39 and price below both EMAs.
Support: 3,917.56, 3,911.66, 3,895.50
Resistance: 3,923.10, 3,935.18
What it said to watch
A hold back above the 3923 jolts low would neutralise the latest lower-low; a close above the 3935 lower high and the trendline breaks the descending sequence
A break of the 3917.56 session low exposes the 78.6% fib at 3911.66, then the 3895.50 day low
Daily break and thin liquidity ahead, then US midterm results from ~23:00 UTC could produce gap-like moves
ADP and ISM Services on Wednesday are the next data tests for the post-JOLTS repricing
20:32 UTC
Downtrend since NY spike high, grinding lower · RSI 39 · price 3,921.83
Lower highs and lower lows below the 3971 spike high; late NY session.
The early-NY spike above the 3964 Asian high to the 3971 spike high was a false break. The 15:00 UTC JOLTS beat lifted yields, and gold has since printed lower highs, slipping through the 3923 jolts low and the 61.8% fib to a 3917.56 session low late in NY. RSI(14) sits near 39, below both EMAs with no oversold extreme.
Support: 3,917.56, 3,895.50
Resistance: 3,923.10, 3,935.18, 3,971.01
What it said to watch
An M15 close back above the 3935.18 lower high breaks the lower-high sequence
Failure to hold the 3917.56 session low exposes the 3910 london range top and the 3895.5 day low
The 3923 jolts low is now overhead; a reclaim would put price back above the 61.8% fib
Midterm results from about 23:00 UTC could materially shift this read
ADP (13:15 UTC) and ISM Services (15:00 UTC) on Wednesday are the next scheduled catalysts
20:17 UTC
Intraday downtrend, grinding lower late NY · RSI 34 · price 3,919.13
Lower highs below 3938.5, post-JOLTS low broken.
The early-NY squeeze from the 3895.5 day low to 3971 fully faded after the JOLTS beat lifted yields. Lower highs at 3938.5 and 3935.2 followed, and late NY has slipped through the 3923 jolts low and the 61.8% retracement. Next marked level is the 78.6% fib at 3911.6, with RSI(14) near 34, not yet stretched.
Support: 3,911.60, 3,895.50
Resistance: 3,923.10, 3,935.20
What it said to watch
M15 close back above the 3923.1 jolts low marks the late-NY break as a false break
Failure to hold the 78.6% fib at 3911.6 exposes the 3895.5 day low
A close above the 3935.2 lower high breaks the lower-highs sequence
US midterm results from ~23:00 UTC could widen ranges into the Asia session
20:03 UTC
Intraday downtrend, lower highs since NY peak · RSI 33 · price 3,920.49
Lower-high sequence after 3971 rejection; testing session low in late NY.
Early NY spiked from the 3895.50 day low to 3971.01. The move reversed after the JOLTS beat (7.523M vs 7.13M) lifted yields, and late NY is now grinding lower through the 3923.10 jolts low. Price is testing the 3919.38 session low beneath the 61.8% fib of the 3895.50–3971.01 leg, with RSI(14) near 33 and the lower-high trendline capping bounces.
Support: 3,919.38, 3,911.66, 3,895.50
Resistance: 3,923.10, 3,935.18
What it said to watch
M15 close back above 3923.10 jolts low and the 61.8% fib near 3924 would neutralise the late-NY breakdown
Close above the lower-high trendline and 3935.18 lower high breaks the descending sequence
Acceptance below 3919.38 session low exposes the fib 78.6 at 3911.66, then the 3895.50 day low
US midterm results from ~23:00 UTC could materially shift this read
ADP at 13:15 UTC and ISM Services at 15:00 UTC on Wednesday could materially shift this read
Lower highs pressing the 3923 swing low in late NY.
The early-NY spike from the 3895 day low to the 3971 NY high was rejected, and the 15:00 UTC JOLTS beat accelerated the reversal as yields climbed. Late NY price is compressing under lower highs near 3935 and pressing the 3923 swing low, which sits on the 61.8% retracement of that rally (rally fib). RSI(14) is neutral near 44.
Support: 3,923.00
Resistance: 3,935.20, 3,942.20, 3,971.00
What it said to watch
M15 close below the 3923 swing low breaks the 61.8% rally fib and exposes the 3895 day low
Close above the 3935 lower high breaks the lower-highs line and brings fib 38.2 at 3942 into view
Reclaiming 3971 NY high would negate the rejection read
US midterm results from ~23:00 UTC could jolt the thin Asia session; ADP (13:15 UTC) and ISM Services (15:00 UTC) on Wed are the next data risks
The spike from the 3895.5 london low to a 3971.0 session high around the NY open fully faded after the JOLTS and Factory Orders beats pushed yields higher. Late in the NY session, price is pressing the 3923 ny low, which coincides with the 61.8% fib of that leg. Lower highs at the 3938.5 post-data hi and 3935.2 cap the drift, with RSI(14) near 37.
Support: 3,923.00, 3,911.60, 3,895.50
Resistance: 3,935.20, 3,938.50, 3,971.00
What it said to watch
A close below the 3923 ny low and 61.8% fib exposes the fib 78.6 at 3911.6, then the 3895.5 london low
A recovery above the 3935.2 lower high and the 3938.5 post-data hi breaks the lower-highs sequence
US midterm results overnight could materially shift this read
ADP (Wed 13:15 UTC) and ISM Services (Wed 15:00 UTC) could also materially shift this read
19:04 UTC
Range after failed NY spike, EMAs flat · RSI 53 · price 3,928.33
Lower highs compressing onto a flat 3926 range low.
The early-NY spike to 3971 overran the 3964 Asian high and reversed, and the JOLTS beat drove a slide to the 3923.1 jolts low near the 61.8% of the 3895.5–3971 rally fib. Late NY is a tight consolidation, with lower highs from the 3938.5 bounce high pressing on a flat range low at 3926 and price sitting just under both EMAs.
Support: 3,926.20, 3,923.10, 3,895.50
Resistance: 3,935.20, 3,938.50
What it said to watch
A break of the 3926 range low exposes the 3923.1 jolts low and the 61.8% retrace; failure there reopens the 3895.5 session low
An M15 close above the 3935.2 lower high and 3938.5 bounce high invalidates the compression read
US midterm results from ~23:00 UTC could materially shift this read
18:47 UTC
Sideways after a rejected NY spike · RSI 49 · price 3,929.11
3926–3938.5 range below the 3971.0 NY high, holding near the 61.8% fib.
The NY open rallied from the 3895.5 London low to a 3971.0 NY high. The JOLTS beat then reversed the move to 3923.1, right at the fib 61.8 of the rally. Late NY is coiling between the 3926.2 range low and the 3938.5 range high, with RSI(14) flat near 49 and price pinned between EMA20 and EMA50.
Support: 3,926.20, 3,923.10, 3,895.50
Resistance: 3,938.50, 3,942.20, 3,971.00
What it said to watch
M15 close below the 3926.2 range low and the 3923.1 fib 61.8 exposes the 3895.5 London low
Recovery through the 3938.5 range high and the fib 38.2 at 3942.2 reopens the path toward the 3971.0 NY high
US midterm results from ~23:00 UTC could materially shift this read
Wednesday ADP (13:15 UTC) and ISM Services (15:00 UTC) are the next scheduled volatility risk
The run from the 3895.5 day low into the NY open reversed sharply on the JOLTS beat. The rejection at the 3971.0 day high retraced to the 61.8% rally fib at the 3923.1 jolts low. Late NY is now compressing between the 3926.2 swing low and lower highs at 3935.2 and the 3938.5 bounce high. Price sits just under EMA20, and RSI(14) is near 44.
Support: 3,926.20, 3,923.10, 3,895.50
Resistance: 3,935.20, 3,938.50, 3,971.00
What it said to watch
M15 close below the 3923.1 jolts low breaks the 61.8% rally fib and exposes the 3895.5 day low
M15 close above the 3938.5 bounce high breaks the lower-highs sequence; the 3971.0 day high remains the session cap
Midterm results from ~23:00 UTC and Wed ADP/ISM Services could materially shift this read
18:17 UTC
Sideways after failed NY spike · RSI 44 · price 3,934.37
Tight range 3923–3938.5, higher low at 3926.2.
NY spiked through the Asian high to a 3971.0 spike high and reversed sharply. The JOLTS beat extended the drop to a 3923.1 jolts low, close to the 61.8% fib of the london low-to-spike move. After London close, price is boxed between the 3926.2 swing low and the 3938.5 range top, with RSI(14) near 44.
Support: 3,926.20, 3,923.10, 3,895.50
Resistance: 3,938.50, 3,949.00, 3,971.00
What it said to watch
M15 close above the 3938.5 range top opens a retest of the 3949 flip level
Loss of the 3926.2 swing low and the 3923.1 jolts low puts the 3895.5 london low back in view
Reclaiming the 3949 flip level is required before the 3971 spike high comes back into play
US midterm results from ~23:00 UTC could materially shift this read
18:05 UTC
Intraday chop after NY spike-and-fade, momentum neutral · RSI 52 · price 3,932.30
Tight 3926–3938 range below NY lower highs, after a false break of the Asian high.
The first hour of NY ran through the Asian range high to the 3971 NY high. The JOLTS beat then drove a sharp rejection to the 3923 NY low, close to the 61.8% of the 3895.5 day low to 3971 rally. Price has since compressed between the 3926 range floor and the 3938.5 range top around the 50% retrace, capped by the NY lower highs trendline, with RSI(14) flat near 52 and price hugging both EMAs.
Support: 3,926.20, 3,923.10, 3,895.50
Resistance: 3,938.50, 3,949.10, 3,971.00
What it said to watch
M15 close above the 3938.5 range top and the NY lower highs trendline reopens the 3949 jolts high
Failure to hold the 3926 range floor and the 3923 NY low exposes the 3895.5 day low
Midterm results from ~23:00 UTC, then Wed ADP and ISM Services, could materially shift this read
Lower highs below 3938.5, holding above 3923 NY low.
NY broke above the Asian range high to a 3971 spike high, then the JOLTS beat triggered a sharp rejection and a drop to the 61.8% fib at the 3923 NY low. Late NY is compressing under a lower-high trendline from the 3938.5 bounce high. Price is pinned at EMA20 and RSI(14) is neutral near 48.
Support: 3,923.10, 3,910.00, 3,895.50
Resistance: 3,938.50, 3,949.30, 3,971.00
What it said to watch
M15 close below the 3923 NY low reopens the 3910 range top and the 3895.5 session low
Break of the lower-high trendline and a close above the 3938.5 bounce high reopens the 3949 post-jolts cap and the 3971 spike high
US midterm results from ~23:00 UTC could shift this read during the Asia session
Lower highs since the 3971 rejection, compressing 3926–3938 after London close.
The early-NY run from 3899 to the 3971.01 spike high briefly cleared the prior-day high near 3970 and failed. It retraced fully toward the 3923.10 ny low as the JOLTS beat and firmer yields weighed. Price is now parked on the 61.8% fib near 3926–3927, below both EMAs, with a grind of lower highs under the 3938.54 bounce high.
Support: 3,926.57, 3,923.10, 3,896.30
Resistance: 3,938.54, 3,971.01
What it said to watch
M15 close below the 3923.10 ny low turns the 61.8% fib hold into a deeper retrace toward the 3896.30 day low
Recovery above the 3938.54 bounce high breaks the post-London lower-high sequence
3971.01 spike high marks the session cap; the false break above the prior-day high stays the dominant feature while price holds below it
US midterm results from ~23:00 UTC tonight could materially shift this read; ADP 13:15 UTC and ISM Services 15:00 UTC Wednesday follow
17:17 UTC
Intraday downswing after a failed spike · RSI 39 · price 3,929.77
Lower highs from 3971, holding above the 3923 jolts low.
The pre-NY rally from the 3895.5 day low stalled at a 3971 spike high, just above the Asian high and Monday's late high, and was rejected. The hot JOLTS print at 15:00 UTC then drove gold to the 3923 jolts low, near the 61.8% retracement of that rally. Since then, lower highs have formed at 3949 and the 3938.5 bounce high, with price drifting just under EMA20 during NY hours after London close.
Support: 3,923.10, 3,895.50
Resistance: 3,938.54, 3,971.01
What it said to watch
M15 close above the 3938.5 bounce high breaks the lower-high sequence
Failure to hold the 3923 jolts low exposes the 3895.5 day low
US midterm results from ~23:00 UTC could materially shift this read
17:04 UTC
Intraday down from NY spike high, lower highs forming · RSI 49 · price 3,927.04
Failed breakout above prior high, retracing into 61.8% of the 3899–3971 leg.
Early NY drove gold from the 3905 rally base to a 3971.01 session high, briefly clearing the 3970 prior high and the 3964.45 Asia high, before reversing; the JOLTS beat at 15:00 UTC extended the slide to a 3923.10 NY low. Price now sits at the 61.8% retrace (~3926.6) under a 3938.54 lower high, below EMA20, with RSI(14) back near 49 as the late-NY range compresses.
Support: 3,923.10, 3,905.00, 3,895.50
Resistance: 3,938.54, 3,964.45, 3,971.01
What it said to watch
M15 close below the 3923.10 ny low exposes the 3905 rally base and the 3895.50 day low
Recovery above the 3938.54 lower high breaks the lower-highs trendline and re-opens 3950 and the 3964.45 asia high
US midterm results from ~23:00 UTC could produce a gap-like move in thin Asia session liquidity
16:47 UTC
Intraday pullback after NY spike rejection · RSI 51 · price 3,929.70
The NY open rally broke out of the 3896–3910 London range and set a 3971 session high just above the prior high, then reversed sharply. The JOLTS and Factory Orders beats at 15:00 UTC extended the drop to a 3923 swing low near the 61.8% fib. Late NY, price is drifting under a 3938 lower high and EMA20, sitting on EMA50, with RSI(14) neutral near 51.
Support: 3,923.10, 3,910.00, 3,895.50
Resistance: 3,949.00, 3,971.00
What it said to watch
Failure to hold the 3923 swing low exposes the 3910 range top and the 3895 session low
A close above the 3938 lower high breaks the NY lower-highs sequence, with the 3949 shelf next
Midterm results from ~23:00 UTC could gap price in Asia; ADP (13:15 UTC) and ISM Services (15:00 UTC) on Wednesday could also materially shift this read
Rally from 3895.5 reversed at 3971; compressing 3923–3938 near 50% fib.
Gold ran from the 3895.5 day low to a 3971 session high into the NY open. The JOLTS beat then drove a rejection back to the 3923 swing low, which sits at the 61.8% fib. After London close price is compressing at the 50% fib near 3933, flat on the ema20, with lower highs capping below the 3938.5 bounce high.
Support: 3,923.10, 3,895.50
Resistance: 3,938.54, 3,942.20, 3,971.01
What it said to watch
M15 close above the 3938.5 bounce high and the 3942 fib 38.2 breaks the lower-highs sequence
Failure to hold the 3923 swing low exposes the 3895.5 day low
US midterm results from ~23:00 UTC could materially shift this read
ATR near $10 per bar: expect wide intraday swings
16:17 UTC
Intraday reversal after failed spike, now two-way · RSI 52 · price 3,936.12
False break of prior-day high, lower highs, basing near the 61.8% fib.
Gold spiked from the 3899–3910 London range to 3971.01 during early NY trade, briefly clearing the 3970.36 prior-day high before rejection. The JOLTS beat at 15:00 UTC extended the drop to a 3923.10 swing low at the 61.8% fib of the 3895.5–3971 spike. Price is now holding near the 50% at 3936 under a 3949.6 lower high, with RSI(14) neutral at 52.
Support: 3,923.10, 3,910.00, 3,895.50
Resistance: 3,942.20, 3,949.60, 3,971.00
What it said to watch
A close back below the 3923 swing low exposes the London range top at 3910, then the 3895.5 day low.
A reclaim of the 38.2% fib at 3942 and the 3949.6 lower high would neutralise the reversal and put the 3971 swept high back in play.
US midterm results from ~23:00 UTC tonight, then ADP at 13:15 UTC and ISM Services at 15:00 UTC Wednesday, could reset this read.
False break above prior-day high, lower high forming inside Asian range.
From the London day low at 3895.50, gold ran into the NY open to a session high at 3971.01. That clipped the Asian high and the prior-day high at 3970.36 before rejection, and the JOLTS beat at 15:00 UTC knocked price to a swing low at 3923.10, just below the 61.8% of the NY rally fib. Price now sits mid-range near the 50% retrace around 3935, with RSI(14) neutral at ~56 and a lower high at 3949 capping.
Support: 3,923.10, 3,895.50
Resistance: 3,949.08, 3,964.45, 3,971.01
What it said to watch
M15 close above the 3949 lower high reopens the asian high at 3964 and the session high at 3971
Failure to hold the 3923 swing low unwinds most of the NY rally fib and exposes the 3895.50 day low
US midterm results from ~23:00 UTC could materially shift this read
NY rally rejected at 3971 session high; lower high at 3949, holding above 3923 swing low.
Early NY hours lifted gold from 3899 to a 3971 session high, briefly clearing the Asian high near 3964. The move reversed as the JOLTS beat (7.523M vs 7.13M) firmed the hawkish-Fed read, leaving a lower high at 3949. The pullback found a swing low at 3923, near the 61.8% retrace of the 3896–3971 day low-to-high leg, and price now sits around the 50% level with RSI(14) neutral at 53.
Support: 3,923.10, 3,896.30
Resistance: 3,949.00, 3,971.01
What it said to watch
Close back above the 3949 lower high reopens the 3964–3971 session high zone
Loss of the 3923 swing low exposes the 3917 asian low, then the 3896 day low
Lower-high trendline from the 3971 session high caps bounces while intact
US midterm results from ~23:00 UTC could materially shift this read in Asia session
Failed break of prior high, lower high shelf at 3949, testing 61.8% of rally.
Gold rallied from the 3899–3910 London range into NY to 3971, a marginal false break of Monday's 3970 prior high, then reversed on the JOLTS beat. Price has given back roughly 46 dollars to the 61.8% fib near 3926, below the ema20 and EMA50 with RSI(14) back near 48. The 3923 pullback low is the immediate test, with the 3949 shelf overhead.
Support: 3,923.10, 3,910.00
Resistance: 3,971.00
What it said to watch
M15 close below the 3923 pullback low exposes the 3910 range top, then the 3895 session low
Recovery above the 3949 shelf negates the post-JOLTS reversal read
US midterm results from ~23:00 UTC could materially shift this read
15:17 UTC
Sharp NY rally rejected, pulling back · RSI 53 · price 3,935.03
Lower high at 3949 after a false break of the 3970 prior high.
Gold broke out of its 3899–3910 London range from 12:15 UTC as oil eased, rallying from the 3895.50 session low to 3971.01. That high briefly cleared Monday's 3970 prior high before a rejection, and the 15:00 UTC bar, as JOLTS hit, extended the pullback to 3935. Price now sits on the 50% fib of the leg at 3933, with EMA20 just below and a lower high at 3949 capping.
Support: 3,933.30, 3,924.30, 3,910.00
Resistance: 3,949.10, 3,970.40
What it said to watch
M15 close below the 3933 50% fib and EMA20 exposes the 61.8% fib at 3924, then the 3910 break base
Close back above the 3949 lower high reopens the 3970 prior high
Midterm results from 23:00 UTC could materially shift this read
15:04 UTC
Sharp NY rally, now pulling back · RSI 57 · price 3,940.25
V-recovery from London low, rejected at prior-day high, lower high forming.
Gold reversed the European-hours dip to the 3,895.50 London low with a ~$75 NY rally as oil slid. The move topped at the 3,971 NY high, just through the prior-day high, then faded sharply. Price is now sitting on the 3,940 pullback low near the 38.2% retracement of the NY rally, with RSI(14) cooled to ~57 and JOLTS landing on the current bar.
What it said to watch
M15 close below the 3,940 pullback low opens the 50% fib / ema20 area near 3,933
Acceptance under 3,933 exposes the 61.8% at ~3,924, then the 3,895.50 London low
Reclaim of the 3,949 lower high puts the 3,964.50 Asia high and 3,971 NY high back in play
JOLTS (f/c 7.13M) printing now could materially shift this read
Midterm results from ~23:00 UTC can inject overnight volatility
Sweep of prior high at 3971, pullback holding 38.2% fib.
Gold turned from the London session low at 3895.50 into a $75 run through the London-NY transition, as Iran strike headlines revived haven demand. It swept yesterday's 3970.36 high to a 3971.01 session high and was rejected straight back to the 38.2% fib near 3942. RSI(14) has cooled from above 80 to about 64; the NY swing low at 3940.41 is holding, with two bars capped at the intraday cap near 3949, inside the digest's 3943–3950 zone.
Support: 3,940.41, 3,932.00, 3,895.50
Resistance: 3,949.63, 3,964.45, 3,971.01
What it said to watch
JOLTS and Factory Orders at 15:00 UTC land on the next bar and could materially shift this read
M15 close below the NY swing low at 3940.41 opens the 50% fib and ema20 near 3932–3933
Loss of the ema20 puts the 61.8% fib at 3924 and the 3895.50 session low back in view
Close above the 3949 intraday cap returns focus to the asia high at 3964.45 and the 3971.01 session high
US midterm results from ~23:00 UTC tonight are an overnight volatility risk
14:32 UTC
Sharp intraday rally, rejected at session high · RSI 60 · price 3,943.47
False break above Monday high, pullback holding the 38.2% fib.
Around the NY open, gold squeezed about $75 off the 3895.50 London low on Iran strike headlines. It poked above Monday's 3970 high to a 3971 session high, then reversed sharply, a false break. Price now sits on the 38.2% fib near 3942, just under the 3950 round number, with the ema20 near 3930 below and RSI(14) cooled to about 60.
Support: 3,940.40, 3,930.00, 3,924.35
Resistance: 3,950.00, 3,971.01
What it said to watch
JOLTS and Factory Orders at 15:00 UTC could materially shift this read; ATR near 950 pips means wide bars are likely around the release
Failure to hold the 3940 pullback low exposes the ema20 near 3930 and the 61.8% fib at 3924
M15 close back above the 3950 round number reopens the 3971 session high
US midterm results from ~23:00 UTC are an overnight volatility risk for this structure
14:17 UTC
Sharp intraday rally, rejected at Monday high · RSI 65 · price 3,948.52
Breakout from London range 3899–3910, false break above 3970 then pullback.
Gold broke out of the 3899–3910 London range from 12:15 UTC and ran about $72, poking just above the 3970.36 Monday high before an immediate rejection. The 14:00 UTC bar gave back $12 into the broken-cap zone the digest flags at 3943–3950, close to the fib 38.2 at 3943.5. RSI(14) has cooled to ~65 and ATR is expanded to ~900 pips.
Support: 3,943.50, 3,935.00, 3,910.00
Resistance: 3,964.50, 3,971.00
What it said to watch
JOLTS and Factory Orders at 15:00 UTC (~45 min) could materially shift this read; a strong print threatens the fib 50 at 3935
M15 close back above the asia high at 3964.5 reopens the monday high at 3971
Loss of the fib 50 at 3935 would leave the breakout exposed back toward the 3910 range top
Iran and oil headlines remain the main intraday swing factor for gold
14:04 UTC
Sharp intraday rebound, stalling at prior high · RSI 75 · price 3,960.20
London range breakout into NY, false break above prior high.
A NY-hours surge of about $75 from the London low at 3895.5 broke the 3899–3910 London range top and reclaimed the 3950 shelf, running counter to the digest's heavy tone. The 13:45 UTC bar pushed above the prior high at 3970.4 to 3971.0, then closed back below the asian high at 3964.5. RSI(14) is near 75, hot but not extreme.
Support: 3,942.20, 3,910.00
Resistance: 3,964.50, 3,971.00
What it said to watch
An M15 close above the 3971.0 prior high negates the false-break read.
Loss of the 3950 shelf, the 13:30 bar low and Monday's high zone, exposes the fib 38.2% at 3942.2.
A deeper unwind back toward the 3910 range top would mark the rally as a failed breakout.
JOLTS and Factory Orders at 15:00 UTC (16:00 broker) could materially shift this read; midterm results follow from ~23:00 UTC.
V-reversal from 3895.50 London low; above Asian range, testing prior-day high.
London broke below the Asian range low and printed a 3895.50 session low. A roughly $73 rally through the London-NY transition then reclaimed the 3943–3950 prior cap flagged in the digest and cleared the 3964.45 asian high, and price is now pressing Monday's 3970.36 prior high. RSI(14) near 83 is stretched after six consecutive up bars, and the fib 38.2 of the move sits near 3940.
Support: 3,964.45, 3,950.00, 3,940.45
Resistance: 3,970.36, 4,000.00
What it said to watch
JOLTS and Factory Orders at 15:00 UTC (about 1h out) could materially shift this read, with a hot JOLTS print reviving Dec hike pricing
An M15 close above the 3970.36 prior high puts the 4000 psych level in view
Rejection at the prior high and a close back below the 3964.45 asian high would mark a failed extension
A slide back under the 3950 prior cap exposes the fib 38.2 near 3940
V-recovery from 3895.50 session low; London range 3899–3910 broken, 3943–3950 cap reclaimed.
Into the NY open gold reversed about $66 off the 3895.50 session low. It broke the 3899–3910 London range and reclaimed the 3943–3950 broken cap, with the latest bar pressing the 3964.45 Asian high. RSI(14) near 83 is stretched, and the prior high at 3970.36 is the next cap overhead.
Support: 3,950.00, 3,929.96, 3,895.50
Resistance: 3,964.45, 3,970.36
What it said to watch
JOLTS and Factory Orders at 15:00 UTC (17:00 broker) could materially shift this read
Rejection at the 3964.45 Asian high with a close back below the 3950 broken cap shifts focus to the fib 50% near the 3929.96 swing low
Close above the 3970.36 prior high clears the full 24h range
Midterm results from ~23:00 UTC are an overnight volatility risk
13:17 UTC
Intraday downtrend interrupted by a sharp NY-open rally · RSI 69 · price 3,936.75
London double bottom at 3895–3899, range break higher, now testing resistance below the breakdown zone.
Gold carved a double bottom at 3895.50/3899 during London. Through the London-NY transition it broke the 3914 london high and ran to a 3939 ny high, recovering much of the Asian slide driven by the Qeshm oil spike. Price is pressing the 3943–3950 breakdown zone, with RSI(14) near 69 and ATR(14) around 700 pips.
Support: 3,914.14, 3,895.50
Resistance: 3,939.08, 3,944.00, 3,964.45
What it said to watch
M15 close above the 3944 breakdown zone reopens the 3964 asia high
Rejection at the 3939 ny high and a return below the 3914 london high (61.8% fib area) would mark a false break
JOLTS at 15:00 UTC (f/c 7.13M) and Iran/oil headlines could materially shift this read
Loss of the 3895.50 session low confirms a lower low
Double bottom off London low, range break above 3910.
Gold slid through the Asian range low after the Qeshm strike headlines lifted oil. The London low printed at 3895.5, and a double bottom near 3896–3899 then gave way to a range break through the 3910 range top during the London-NY transition, running to a session high at 3933.4. Price is pausing at the 50% retracement of the Asia–London drop, with RSI(14) near 64 and ATR(14) around 670 pips.
Support: 3,916.00, 3,910.00, 3,895.50
Resistance: 3,933.40, 3,938.10, 3,946.00
What it said to watch
M15 close back below the 3916 breakout zone returns price to the 3896–3910 range
Acceptance above the 3933.4 session high opens the 61.8% fib at 3938 and the 3946 breakdown shelf
Failure to hold the 3910 range top re-exposes the 3895.5 london low
JOLTS at 15:00 UTC (f/c 7.13M) could materially shift this read
Iran/oil headlines remain the main driver of intraday swings
12:47 UTC
Intraday downtrend, bouncing from London low · RSI 63 · price 3,916.32
London range 3895–3910 broken higher into the London-NY transition.
Asia sold off from 3964 to 3910 as oil firmed on the Qeshm strike report. London then held a 3895–3910 range, setting a session low at 3895.5 and a higher low at 3899. A 12:15 UTC push through the range top has price pressing the 3917 session high, just above the 23.6% fib of the 3970–3895 drop, with the 3927 Asia swing high the next lower high overhead.
Support: 3,910.50, 3,899.10, 3,895.50
Resistance: 3,916.92, 3,927.00, 3,943.00
What it said to watch
JOLTS and Factory Orders at 15:00 UTC (first hours of NY) could materially shift this read
Failure to hold the 3910.5 range top on a retest reverts price into the London range
A close above the 3927 swing high breaks the Asia lower-high chain and opens the 3943 breakdown level
A break of the 3899 higher low and 3895.5 session low resumes the downtrend toward the 3870 yearly low
12:32 UTC
Downtrend from Asian high, basing in London · RSI 49 · price 3,913.04
Lower highs from 3964 into a 3896–3910 London base; higher low at 3899 and range-top push to 3916.
Gold sold off from the 3964.45 Asian range high to a 3895.50 session low as Qeshm strike headlines pushed oil back above $97. London then built a 3896–3910 base with a higher low at 3899.10, and the 12:15 UTC bar pushed above the 3910.51 range top to 3916.48 ahead of NY open. Price is sitting just under the 23.6% fib of the overnight drop, with RSI(14) near 49.
Support: 3,910.50, 3,899.10, 3,895.50
Resistance: 3,916.48, 3,921.80, 3,926.93
What it said to watch
Hold above the 3910.5 range top keeps the London break intact; a slip back inside reopens 3899.1 and the session low
M15 close above the 3916.48 break high exposes the fib 38.2 at 3921.8 and the 3926.93 lower high
Loss of the 3899.1 higher low and the 3895.5 session low resumes the lower-low chain
JOLTS and Factory Orders at 15:00 UTC could materially shift this read
12:17 UTC
Downtrend, stalling into a tight range · RSI 52 · price 3,907.54
Lower highs from the Asia high; London holding a 3895–3911 range with higher lows.
The bounce stalled at the Asian session high of 3964.45. Selling through Asia and London, on Qeshm strike headlines with WTI back above $97, broke the Asian low at 3917.60 and reached a London low of 3895.50, just under Monday's 3896 low. Since then price has held a 3895–3911 range, with a higher low at 3899.10 near the 3900 psych level, flat EMA20 and RSI(14) around 52.
Support: 3,899.10, 3,895.50
Resistance: 3,910.50, 3,917.60, 3,921.80
What it said to watch
M15 close below the 3895.50 London low, which is also Monday's low, would resume the downtrend sequence
M15 close above the 3910.50 range top would open the 3917.60 Asian low and the fib 38.2 retracement at 3921.80
A break of the 3899.10 higher low would undo the higher-lows read inside the range
JOLTS and Factory Orders at 15:00 UTC (NY session) could break the range in either direction; US midterm results arrive overnight
12:03 UTC
Downtrend, compressing late London · RSI 47 · price 3,904.74
Lower highs from 3964; 3895–3911 London range.
Gold faded from the 3964 Asia high, and London broke the Asian low to print 3895.5 as the reported US strike on Iran unwound Monday's oil-led bounce. Since 09:00 UTC price has compressed in a 3895–3911 band below EMA20, with the old Asian low capping retests just under the 23.6% fib of the 3964–3895 leg; RSI(14) is neutral near 47.
Support: 3,900.00, 3,895.50
Resistance: 3,911.50, 3,926.90
What it said to watch
M15 close above 3911.5 (asian low) reopens the 38.2% fib near 3922 and the 3926.9 swing high
Break of the 3900 round number and the 3895.5 london low extends the lower-low sequence
JOLTS at 15:00 UTC (f/c 7.13M) during NY hours could break the London range; ATR near 560 pips
11:47 UTC
Downtrend from 3970, pausing in London · RSI 45 · price 3,906.54
London consolidation under 3910.5 range top, higher lows from 3895.50.
London broke the Asian low at 3911.55 and set a london low at 3895.50 as the reported US strike on Iran revived oil and unwound Monday's rally. Price is now coiling beneath a 3910.5 range top capped three times, with a higher low at 3901 then 3903 on the rising trendline. RSI(14) sits mid-range near 45.
Support: 3,903.00, 3,895.50
Resistance: 3,910.50, 3,926.90
What it said to watch
M15 close above the 3910.5 range top puts the 3926.9 swing high and the 38.2% fib near 3922 in play
Loss of the 3903 higher low and rising trendline reopens the 3895.50 london low; a break there exposes the 3870 yearly low
JOLTS and Factory Orders at 15:00 UTC could materially shift this read
Asia sold off from 3964.45 to 3911 after the reported US strike on Iran revived oil, and London extended the drop to a session low at 3896.30. Price has since compressed below the 3910.5 session high, with a higher low at 3900.98. RSI(14) is neutral near 44 and price sits below both EMAs, late in the London session.
Support: 3,900.98, 3,896.30
Resistance: 3,910.50, 3,922.30
What it said to watch
M15 close above the 3910.5 session high opens the 38.2% fib of the Asia drop near 3922
Failure to hold the 3900.98 higher low puts the 3896.30 session low back in play
JOLTS and Factory Orders at 15:00 UTC (NY hours) could break the London range
Fresh US-Iran or oil headlines have driven gold all session and could reset the read
Lower highs from Asia high; small higher-low base above London low.
Gold slid all the way from the 3964 Asia high. It broke the asian low at 3916 into London, with yields rebounding and Fed hike bets intact. The 3896.3 london low drew a bounce to 3910.5, then a higher low at 3901, and mid-London price sits just under EMA20 near 3909 with RSI(14) neutral at 49, still below the 23.6% fib of the Asia-London drop near 3912.
Support: 3,900.98, 3,896.30
Resistance: 3,910.51, 3,916.36
What it said to watch
M15 close above the 3910.5 bounce high puts the asian low at 3916.4 and the 38.2% fib of the Asia-London drop near 3922 in play
Failure to hold the 3901 higher low reopens the 3896.3 london low
JOLTS at 15:00 UTC and midterm result headlines could materially shift this read
11:03 UTC
Downtrend, basing near 3900 · RSI 45 · price 3,906.23
Lower highs from Asian high; tight 3901–3910 base after London low.
Gold sold off through Asia from the 3964.45 Asian high as yields rebounded. London then broke the Asian low and printed a 3896.30 session low. Mid-London, price is holding a 3901–3910 base: the higher low sits at 3900.98, the former asian low at 3910.50 is capping, and price trades below both EMAs with RSI(14) near 45.
Support: 3,900.98, 3,896.30, 3,893.94
Resistance: 3,910.50, 3,926.93
What it said to watch
M15 close above 3910.50 (asian low) brings the 38.2% fib near 3922 and the 3926.93 lower high into view
Break below the 3900.98 higher low exposes the 3896.30 session low and the 3893.94 monday base
JOLTS at 15:00 UTC (~4h) and overnight midterm results could materially shift this read
Lower highs and lower lows since the 3970 peak; London broke below the Asian range.
Gold has given back all of Monday's NY spike from 3909 to 3970. London broke below the asian low near 3917.6 and set a london low at 3896.30 as yields rebounded and Fed hike bets held. The bounce met rejection at a lower high of 3910.51, just under the fib 23.6 of the spike (3913.8). RSI(14) sits near 41 and price is below both EMAs.
Support: 3,896.30, 3,893.94
Resistance: 3,910.51, 3,913.80, 3,917.58
What it said to watch
A break of the london low at 3896.30 exposes the prior low at 3893.94, the base of Monday's spike
An M15 close above the 3910.51 lower high and the fib 23.6 breaks the lower-highs trendline; the asian low at 3917.6 is next
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
LH/LL chain from 3964 Asia high; London bounce capped at 3910.5.
Gold has printed lower highs from the 3964 Asia high as yields rebounded and Fed hike bets held, with London extending to a 3896.30 session low. The bounce stalled at 3910.51, a rejection at the falling trendline, and price is back near 3903 below both EMAs with RSI(14) near 41.
Support: 3,896.30, 3,893.94
Resistance: 3,910.51, 3,926.93
What it said to watch
M15 close above the 3910.51 bounce high breaks the falling trendline and the lower-high chain; 3926.93 lower high is next above
Failure to hold the 3896.30 session low exposes the 3893.94 prior low and confirms a fresh lower-low
JOLTS and Factory Orders at 15:00 UTC, plus midterm results overnight, could materially shift this read
Lower highs from 3964; London broke the Asian low and is retesting it from below.
Gold printed lower highs off 3964 through the Asia session as yields rebounded. London then broke the Asian low and set a 3895.50 session low, just above the 3893.94 Monday low (the pre-rally base). The bounce stalled at 3910.50, back under the 3911.55 Asian low and the 23.6% fib, with RSI(14) near 43 and price below EMA20 and EMA50.
Support: 3,900.00, 3,895.50, 3,893.94
Resistance: 3,911.55, 3,921.84, 3,929.73
What it said to watch
M15 close back above the 3911.55 asian low invalidates the retest-rejection read and opens the 38.2% fib at 3921.84, then the 3929.73 lower high
Failure to hold the 3900 round number and the 3895.50 session low exposes the 3893.94 monday low
JOLTS and Factory Orders at 15:00 UTC, and midterm results overnight, could materially shift this read
Lower highs and lows from 3970; bounce testing 3914 breakdown area.
Gold has given back all of Monday's oil-led rally. It slid from 3964 through the Asian range low and into London as yields rebounded, then bottomed at the 3895.50 London low, just above the 3893.94 Monday low. The bounce is now pressing the London high at 3914, where EMA20 and the 23.6% fib of the 3970–3895 drop converge, with RSI(14) near 44.
Support: 3,900.00, 3,895.50, 3,893.94
Resistance: 3,914.14, 3,926.93
What it said to watch
M15 close above the London high at 3914 (23.6% fib, EMA20) opens the 3927 lower high; a rejection there keeps the lower-high sequence intact
Loss of 3900 psych and a break of the 3895.50 London low / 3893.94 Monday low exposes the 3886 area and the 3870 yearly low
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
09:47 UTC
Downtrend, bouncing off London low · RSI 41 · price 3,908.12
Lower highs and lower lows from the 3964 Asia high; bounce testing the descending trendline.
Monday's NY spike from 3909 to 3970 has been fully unwound as yields rebounded. Asia and London stacked lower highs off the 3964 Asia high, and London broke the Asian range low to print 3896.30, just above the 3893.94 monday base. The bounce off the London low is now pressing the descending trendline near the 3909.93 bounce high, holding below the 23.6% fib (~3912) of the Asia-to-London leg.
Support: 3,900.00, 3,896.30, 3,893.94
Resistance: 3,909.93, 3,917.58, 3,929.73
What it said to watch
Close above the 3917.58 prior low breaks the lower-high chain and the descending trendline; 3929.73 lower high and the 38.2% fib (~3922) sit above that
Loss of the 3900 round number and the 3896.30 London low confirms a fresh lower low toward the 3893.94 monday base
JOLTS and Factory Orders at 15:00 UTC (NY session) and overnight midterm results could materially shift this read
09:32 UTC
Intraday downtrend, early London bounce off lows · RSI 37 · price 3,904.47
Lower highs and lower lows from the 3964 Asian high; Asian range broken to the downside.
Gold has fully unwound Monday's oil-led rally, falling from the 3964 Asian high in a clean lower-high chain as yields firm. London broke the Asian range low and printed a 3895.50 london low just under the 3900 psych mark, and the bounce is now pressing the falling trendline near 3909 with RSI(14) recovering from the low 30s.
Support: 3,900.00, 3,895.50, 3,886.00
Resistance: 3,911.10, 3,921.84
What it said to watch
M15 close above the 3911.10 lower high and the falling trendline breaks the lower-high sequence and puts the 38.2% fib at 3921.84 in play
Failure to hold 3900 psych and the 3895.50 london low confirms a fresh lower low and exposes the 3886 broken floor
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
Lower highs and lower lows from the Asian high; Monday's NY rally fully retraced.
A steady lower-high, lower-low slide from the 3964.45 Asian high has erased Monday's oil-led NY rally. Early London is pressing the 3900 round number off a 3895.50 session low, with RSI(14) near 30, as firmer yields and steady Fed hike bets cap gold. The 3892.88 prior low sits just below, and the descending trendline from Asia is capping each bounce.
Support: 3,895.50, 3,892.88
Resistance: 3,914.14, 3,926.93, 3,964.45
What it said to watch
M15 close above the 3914.14 swing high and the descending trendline breaks the lower-high chain; the 3926.93 lower high and the 38.2% fib near 3924 sit above
Failure to hold the 3895.50 session low and 3892.88 prior low extends the lower-low sequence toward 3886
JOLTS and Factory Orders at 15:00 UTC, plus midterm results overnight, could materially shift this read
Reclaiming the 3964.45 asian high would void the downtrend structure
09:03 UTC
Downtrend, oversold but no reversal structure · RSI 24 · price 3,897.87
Lower highs / lower lows since Asia spike; Asian range broken lower at London open.
Monday's NY rally to 3970 is fully unwound as yields rebound and December hike bets hold. A steady lower-high chain from the 3964 Asia spike broke the 3916 asia low after London open, and price is now back at the 3896 session low near the rally's origin. RSI(14) near 24 is oversold, and the falling trendline caps price around 3911.
Support: 3,896.30, 3,891.23, 3,870.23
Resistance: 3,914.14, 3,916.36, 3,926.93
What it said to watch
M15 close above the 3914 london high and the falling trendline (~3911) breaks the lower-high chain
Reclaim of the 3916 asia low opens a retest of the 3927 lower high
Failure to hold the 3896 session low exposes the 3891 monday low, then the 3870 yearly low
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
08:47 UTC
Downtrend, lower highs since Asia open · RSI 27 · price 3,900.50
LH/LL chain, Asian range low broken at London open.
The Monday spike, 3909 to 3970 from 13:30 UTC, has nearly fully retraced. Asia printed lower highs under a descending line from 3964.45, and London opened by breaking the 3917.58 asian low. Price is now testing the 3900 round number with RSI(14) near 27, against a backdrop of rebounding yields and firm December hike pricing.
Support: 3,900.00, 3,891.23
Resistance: 3,917.58, 3,926.93
What it said to watch
Failure to hold the 3900 round number exposes the 3891.23 monday low and a full retrace of the monday spike
Reclaim of the 3917.58 asian low would mark the London break as a false break
Close above the 3926.93 lower high and the descending line ends the Asia-session lower-high sequence
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
08:32 UTC
Downtrend, selling pace slowing near 3905 · RSI 31 · price 3,908.63
Lower highs since the 00:30 UTC 3964 spike; Asian low broken in early London.
Gold has unwound all of Monday's NY spike to 3970.36. It slid through the Asian session as yields rebounded and Fed hike bets held, then pushed below the Asian low in early London to a 3904.89 session low. Price now sits at the 78.6% rally fib and the 3909 pre-breakout area, pressing the lower-high trendline with RSI(14) near 31 and ranges narrowing.
Support: 3,904.89, 3,900.00, 3,891.23
Resistance: 3,914.14, 3,926.93
What it said to watch
M15 close above the 3914.14 london high breaks the lower-high trendline and the descending chain; 3926.93 lower high is next
Failure to hold the 3904.89 session low exposes the 3900 round number and the 3891.23 monday low
JOLTS (f/c 7.13M) at 15:00 UTC and overnight midterm results could materially shift this read
Lower highs since Asia open; London broke below Asian low, compressing 3905-3914.
Gold has given back nearly all of Monday's NY spike from 3909 to 3970. Lower highs held through the Asia session as yields rebounded, and early London pushed below the 3911.55 Asian low to a 3904.89 session low. Price is now compressing above the rally base near 3896, with RSI(14) near 33 and the descending trendline off 3951 capping around 3915, just above the 3914.14 minor high.
Support: 3,904.89, 3,896.33, 3,891.23
Resistance: 3,914.14, 3,926.93, 3,937.60
What it said to watch
A close back above the 3914.14 minor high and the descending trendline would break the lower-high chain; 3926.93 lower high and the 3937.6 fib 50% sit above
Failure to hold the 3904.89 session low exposes the 3896 rally base and the 3891.23 24h low
US midterm results and JOLTS at 15:00 UTC could materially shift this read
Lower-high chain from the 3964 Asia spike; Monday's NY rally fully retraced.
Gold has sold off steadily since the 3964 spike after the Asia open, with yields rebounding and Fed hike bets holding. Each bounce has been capped lower, and London opened with a fresh session low at 3906.43, back at the 3909 launch point of Monday's NY rally.
Support: 3,906.43, 3,900.00, 3,891.23
Resistance: 3,914.14, 3,926.93, 3,930.85
What it said to watch
Failure to hold the 3900 round number exposes the 3891 Monday low
M15 close above the 3914 lower high breaks the micro lower-high sequence
3927 swing high, the descending trendline and the 38.2% fib of the decline cluster near 3927-3931
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
Lower-high chain from 3964 Asian high; pressing below Asian range low.
An unbroken lower-high sequence through Asia, as yields rebounded, has given back most of Monday's oil-led rally to 3970. Into the London open price slipped under the Asian range to a 3908 session low, at the 78.6% retrace of that Monday rally, with RSI(14) near 31. The 3916 prior low and the descending trendline now sit overhead, with the 3900 round number and 3891 Monday low below.
Support: 3,908.06, 3,900.00, 3,891.23
Resistance: 3,916.36, 3,926.93
What it said to watch
M15 close back above the 3916.36 prior low and the descending trendline breaks the lower-high chain
A push through the 3926.93 lower high would neutralise the Asian downtrend read
Failure to hold the 3900 round number exposes the 3891.23 Monday low
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
07:32 UTC
Intraday downtrend, lower highs since Asia open · RSI 31 · price 3,912.39
LH/LL chain; London open broke below the Asian range low.
Asia faded the 3964 opening spike in a steady lower-high chain as yields rebounded and Fed hike bets held. The London open broke the Asian low and printed a 3908.54 london low. With RSI(14) near 31, price sits between the 3900 round number and the 3919.84 lower high, with the 3926.93 swing high and the fib 38.2 at 3929.90 overhead.
Support: 3,908.54, 3,900.00, 3,891.23
Resistance: 3,919.84, 3,926.93, 3,929.90
What it said to watch
M15 close above the 3926.93 swing high and the lower-high trendline breaks the LH/LL sequence
Failure to hold the 3908.54 london low exposes the 3900 round number, then the 3891.23 monday low
JOLTS and Factory Orders at 15:00 UTC, plus midterm result headlines, could materially shift this read
07:17 UTC
Downtrend through Asia, testing Monday's rally base · RSI 32 · price 3,910.09
Lower highs and lower lows since the 3964 Asia-open rejection.
Gold gave back most of Monday's NY rally during the Asia session after a rejection at 3964 near the open. Yields rebounding and Fed hike bets holding drove the slide, which has run a steady lower-high chain down the Asia trendline. London is opening with price at the 3909 rally base, which sits near the 78.6% level of the 3891–3970 rally fib, with RSI(14) at 32 but not stretched.
Support: 3,909.40, 3,900.00, 3,891.20
Resistance: 3,917.60, 3,926.90
What it said to watch
M15 close below the 3909 rally base exposes the 3900 round number and the 3891 Monday low
Close back above the 3917.6 broken low and the 3926.9 lower high would break the Asia trendline sequence
JOLTS and Factory Orders at 15:00 UTC, plus overnight midterm results, could materially shift this read
07:03 UTC
Downtrend, steady lower highs since Asia open · RSI 30 · price 3,912.36
LH/LL chain from 3964 Asia high, now at 78.6% of Monday's rally.
The Asia session reversed Monday's NY rally after a rejection at 3964 in the first hour. It then carved lower highs and lower lows through the 3941 asia floor to a fresh session low at 3911, as yields rebounded and Fed hike bets held. Into London open, price sits at the 78.6% retracement of the 3896–3970 Monday rally fib, with RSI(14) near 30 and not yet extreme.
Support: 3,911.20, 3,900.00, 3,891.20
Resistance: 3,927.00, 3,941.00
What it said to watch
An M15 close above the 3927 lower high and the descending trendline breaks the lower-high chain
Failure to hold the 3911 session low exposes the 3900 round number and the 3891 monday low
A reclaim of the 3941 asia floor would negate the Asia breakdown
JOLTS at 15:00 UTC and rolling midterm results could materially shift this read
Lower-high chain from the 3964.45 Asia high, price pressing the session low.
Asia has unwound most of Monday's NY rally off 3896.33 as yields rebounded and Fed-hike bets held. Steady lower highs from the 3964.45 Asia high have taken price below the 61.8% retracement to test the 3916.36 asia low ahead of London open, with RSI(14) near 31.
Support: 3,916.36, 3,912.17, 3,900.00
Resistance: 3,926.93, 3,933.35, 3,937.51
What it said to watch
A break of the 3916.36 asia low exposes the 78.6% fib at 3912.17 and the 3900 round number
An M15 close above the 3926.93 lower high breaks the Asia lower-high chain, with the 50% fib at 3933.35 and the 3937.51 ny low above
JOLTS and Factory Orders at 15:00 UTC, plus midterm results overnight, could materially shift this read
Asian lower highs and lower lows from 3964; basing above session low.
Asia session rejected 3964.45 and has since printed lower highs and lower lows, as yields rebounded and Fed-hike bets held. That retraced most of Monday's Iran-headline rally from its 3909.5 rally base. Price is basing just above the 3916.36 session low ahead of London open, with RSI(14) near 34 and the 3929.73 lower high capping the bounce, just above the Asian decline fib 23.6% at 3927.7.
Support: 3,916.36, 3,909.50, 3,900.00
Resistance: 3,929.73, 3,937.46, 3,946.10
What it said to watch
M15 close above the 3929.73 lower high breaks the Asian lower-high chain; the 3937.46 breakdown level and the fib 61.8 at 3946.1 sit above
Failure to hold the 3916.36 session low exposes the 3909.5 rally base and the 3900 round number
JOLTS at 15:00 UTC (f/c 7.13M) and overnight midterm results could materially shift this read
Lower highs and lower lows through the Asia session.
Asia faded from the 3964 session high in a steady chain of lower highs and lower lows, giving back most of Monday's NY rally as yields and the USD firmed. Late Asia, ahead of the London open, price sits near the 61.8% retracement of that rally around 3921, just above the 3916 session low, with RSI(14) near 29 and the Asia trendline capping each bounce.
Support: 3,916.36, 3,909.50, 3,900.00
Resistance: 3,929.73, 3,941.24, 3,950.00
What it said to watch
M15 close below the 3916 session low extends the lower-low chain toward the 3909.5 rally base and the 3900 round number
Close above the 3929.7 lower high and the Asia trendline interrupts the downtrend read; the 3941 broken low is the next cap
3950 round number capped Monday's rebound and marks where the Asia selling began
JOLTS and Factory Orders at 15:00 UTC, plus midterm results overnight, could materially shift this read
06:04 UTC
Downtrend, lower highs through Asia · RSI 27 · price 3,917.85
Lower-high/lower-low chain off the Asian high, pressing the session low into London open.
Gold met rejection at the 3964.45 Asian high, then stepped lower beneath a falling trendline through the Asian session. It lost the 3941 asia shelf and has given back the 61.8% of Monday's NY rally fib to a 3917.58 session low, as yields and USD firmed on reasserted Fed hike bets. RSI(14) near 27 is stretched but not extreme heading into London open.
Support: 3,917.58, 3,909.00, 3,900.00
Resistance: 3,929.73, 3,941.24, 3,964.45
What it said to watch
Break of the 3917.58 session low exposes the 3909 spike base, where Monday's NY rally launched, and the 3900 round number
M15 close back above the 3929.7 lower high interrupts the lower-high chain
Reclaim of the 3941 asia shelf and the falling trendline negates the Asian downtrend read
JOLTS and Factory Orders at 15:00 UTC, plus midterm and US-Iran headlines, could materially shift this read
Asia lower highs from 3964, break below Monday NY low, sweep of 3921 lows.
Asia faded Monday's Iran-headline rally from the 3964 open high, printing lower highs and breaking the 3937.5 Mon NY low. The 05:15 UTC bar swept the 3921 lows to a 3917.58 asia low, then closed back near 3926; RSI(14) is near 30 and price sits under both EMAs, with the 3931 minor high capping rebounds.
Support: 3,917.58, 3,909.00, 3,900.00
Resistance: 3,931.08, 3,937.50, 3,951.32
What it said to watch
A close back above the 3937.5 Mon NY low, inside the 38.2–50% fib of the Asia drop (3935–3941), and above the lower-high trendline would negate the Asia downtrend read
Failure to hold the 3917.58 asia low confirms a fresh lower-low and exposes the 3909 spike base, then the 3900 round number
Only a close above the 3951.32 lower high breaks the Asia sequence of lower highs
JOLTS at 15:00 UTC and midterm/Iran headlines could materially shift this read
Lower highs from 3964 Asia rejection, fresh session low.
Asia rejected 3964 and has stepped down in a lower-high chain to a 3919.65 session low as yields and USD firmed. That move has retraced more than 61.8% of Monday's NY rally. RSI(14) near 24 is stretched into the London open, with the 3909.8 rally base and 3900 round number below.
Support: 3,909.80, 3,900.00, 3,891.23
Resistance: 3,929.50, 3,937.50, 3,951.30
What it said to watch
M15 close back above the 3929.5 lower high breaks the Asia lower-high chain; 3937.5 prior low (Monday late NY) is next overhead
Asia lower highs trendline, now near 3935, and the 3951.3 swing high cap rebounds while intact
Loss of the 3909.8 rally base exposes the 3900 round number and 3891 monday low, unwinding Monday's breakout
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
Lower highs and lower lows through Asia; Asian floor broken.
The Asian session gave back Monday's NY spike as yields and the USD firmed, with lower highs off the 3964.45 session high. Price broke the 3940–3946 Asian floor and the 3937.5 prior low, then set a session low at 3921.40, near the 61.8% retrace of the 3896–3970 spike. In late Asia, price is basing just above that low with RSI(14) near 34.
Support: 3,921.40, 3,909.00, 3,900.00
Resistance: 3,937.50, 3,950.00, 3,964.45
What it said to watch
A break below the 3921.40 session low extends the lower-low chain toward the 3909 spike base, then the 3900 round number.
Reclaiming the 3937.5 prior low puts price back inside the broken Asian floor; the 3950 round number caps above.
A close above the lower-highs trendline from 3964 would invalidate the intraday downtrend read.
London open, JOLTS at 15:00 UTC and midterm results could materially shift this read.
05:03 UTC
Downtrend, extended into late Asia · RSI 27 · price 3,923.60
Lower highs from 3964 Asia high, broke 3937 prior low.
Asia session has unwound much of Monday's NY rally on oil/Iran diplomacy headlines as yields and the USD firmed. Lower highs from the 3964.45 Asia high carried price through the 3937.5 prior low to a 3921.4 session low, with RSI(14) near 27. Late Asia, ahead of London open, price is stalling just above that low.
Support: 3,921.40, 3,909.00
Resistance: 3,937.50, 3,950.00, 3,964.45
What it said to watch
M15 close back above the 3937.5 prior low, also the 38.2% fib, negates the range break
Failure to hold the 3921.4 session low exposes the 3909 rally base where Monday's NY spike started
Break of the Asia lower highs trendline and a reclaim of 3950 psych would neutralise the downtrend read
JOLTS and Factory Orders at 15:00 UTC plus midterm results could materially shift this read
Lower highs and lower lows from the Asian high, testing the 61.8% fib.
Late in the Asia session, a lower-high sequence from the 3964.45 Asian high broke the 3941 shelf at 03:30 UTC. Price has since pressed to a 3921.40 session low, on the 61.8% fib of Monday's NY rally from the 3909 rally base to the 3970.36 Monday high, with RSI(14) near 27. The oil-driven relief bid described in the digest is fading into today's midterm vote, and price is now trading well below the ~3945 Asia hold it cites.
Support: 3,921.40, 3,909.35, 3,900.00
Resistance: 3,937.50, 3,964.45, 3,970.36
What it said to watch
M15 close below the 3921.40 session low and the 61.8% fib extends lower lows toward the 3909 rally base and 3900 round number
Reclaim of the 3937.5 breakdown point and the Asian lower-highs trendline (~3940) would neutralise the sell-off read
Asian high 3964.45 and Monday high 3970.36 cap the 24h range; only a return above them restores the bounce structure
US midterm voting from ~05:00 UTC and the London open could materially shift this read; JOLTS and Factory Orders follow at 15:00 UTC
Lower highs and lower lows through Asia; Monday NY low broken.
Late Asia session has unwound most of Monday's oil-relief rally. A rejection at the 3964 Asia high near the open was followed by a chain of lower highs, and the break of the 3937.5 prior low (Monday's NY low) ran to the 3924 Asia low. That low sits on the 61.8% fib of the 3896–3970 move, with RSI(14) near 28 and price below both EMAs.
Support: 3,923.98, 3,896.33
Resistance: 3,937.51, 3,951.32, 3,964.45
What it said to watch
Failure to hold the 3924 Asia low / 61.8% fib exposes the 3909.5 rally base, then the 3896 rally origin
M15 close back above the 3937.5 prior low and the lower highs line would neutralise the downtrend read; 3951 lower high is the structural pivot
US midterm polls open ~05:00 UTC; a contested or surprise count could materially shift this read
JOLTS and Factory Orders at 15:00 UTC are the next scheduled USD risk; London open arrives with price pinned near the session low
Lower highs from Asian high, NY pullback low broken.
Late in the Asia session, gold has printed a chain of lower highs from the 3964.45 Asian high, including a 3951.32 lower high. Price broke the 3937.51 prior low from the NY pullback as the USD firmed on reports of US strikes on Iran's Qeshm Island. The 3923.98 session low sits near the 61.8% retracement of Monday's 3896–3970 rally, with RSI(14) near 32.
Support: 3,923.98, 3,909.55, 3,900.00
Resistance: 3,937.51, 3,951.32, 3,964.45
What it said to watch
Midterm results flowing from ~05:00 UTC could materially shift this read ahead of London open
M15 close back above the 3937.51 prior low turns the break into a false break
Failure to hold the 3923.98 session low exposes the 3909.55 spike base, where Monday's rally leg began, and the 3900 round number
A break of the descending trendline and 3951.32 lower high would end the lower-high sequence; the 3964.45 Asian high is the next marker
JOLTS and Factory Orders at 15:00 UTC are the next scheduled data risk
04:03 UTC
Intraday downtrend, extending late Asia · RSI 29 · price 3,925.96
Lower highs from 3964.45 asia high, broke below 3937.51 ny low.
The Asia sell-off has carved lower highs from the 3964.45 asia high, cut through the 3937.51 ny low and printed a 3924.40 asia low late in the session, with RSI(14) near 29. That gives back roughly 60% of Monday's NY rally off the 3909.55 ny base, as Qeshm strike reports lifted USD.
Support: 3,924.40, 3,909.55, 3,900.00
Resistance: 3,937.51, 3,951.32, 3,964.45
What it said to watch
Failure to hold the 3924.40 asia low into London open exposes the 3909.55 ny base and the 3900 round number
M15 close back above the 3937.51 ny low and the lower highs line near 3951.32 would neutralise the sell-off read
Midterm results from ~05:00 UTC and JOLTS at 15:00 UTC could materially shift this read
Lower highs off Asian high, broke below Asian range and NY low.
Gold has printed lower highs since the 3964.45 Asia high. Late in the Asia session it broke the Asian range floor near 3941 and the 3937.5 NY low, setting a session low at 3925.11 as Qeshm strike reports put a mild safe-haven bid under USD. The drop has stalled near the 61.8% retrace of Monday's 3896–3970 rally fib, with RSI(14) near 29.
Support: 3,925.11, 3,908.20, 3,900.00
Resistance: 3,937.50, 3,951.30, 3,964.45
What it said to watch
Failure to hold the 3925.11 session low and the 61.8% rally fib exposes the 3908 rally base and the 3900 round number
M15 close back above the 3937.5 NY low, then the 3951.3 lower high and the Asia trendline, breaks the lower-high chain
Midterm results from ~05:00 UTC and US-Iran headlines could materially shift this read ahead of London open; JOLTS at 15:00 UTC
03:32 UTC
Downtrend, retracing the NY rally · RSI 37 · price 3,936.72
Lower highs from 3970 session high; Asian low broken.
The NY-open spike from 3896 to the 3970.36 session high is being retraced through a lower-high chain. Mid-Asia, price was capped at the 3964.45 Asian high and the 3951.32 lower high. It has now slipped through the NY low at 3937.51 to a 3934.62 Asian low, sitting on the 50% fib near 3933. The slide followed WSJ reports of fresh US strikes on Qeshm, which put an oil and USD bid back in play.
Support: 3,934.62, 3,933.35, 3,919.35
Resistance: 3,937.51, 3,951.32, 3,964.45
What it said to watch
Failure to hold the 50% fib at 3933 opens the London high at 3919.35, the base of the NY breakout
M15 close back above the 3937.51 NY low weakens the break of the Asian range
Close above the 3951.32 lower high and the descending trendline from 3970 invalidates the downtrend read; the 3964.45 Asian high sits above
Further Qeshm and Hormuz headlines or early US midterm results could materially shift this read
Lower highs through Asia, pressing the Asian range low.
Monday's NY spike from 3896 to the 3970.36 day high is being retraced. The early-Asia push to the 3964.45 asian high was rejected, and a lower-high sequence down to 3951.3 now has price at the 38.2% fib near 3940, just above the 3937.5 ny low. The fade coincides with fresh Qeshm strike headlines lifting the oil/USD risk premium; price sits below both EMAs with RSI(14) near 42.
Support: 3,937.50, 3,933.35, 3,924.60
Resistance: 3,951.30, 3,964.45, 3,970.36
What it said to watch
M15 close below the 3937.5 ny low confirms a lower low and opens the 3933.35 fib 50% and 3924.6 fib 61.8% zone
M15 close back above the 3951.3 lower high breaks the Asian lower-high trendline and neutralises the fade
Asian high at 3964.45 and the 3970.36 day high cap the range; a test there is the area to watch for another rejection or a break
Midterm results and US-Iran/Qeshm headlines through the session could reprice oil and USD quickly
Gold ripped about $74 off 3896 during NY on US-Iran deal hopes and lower crude, topping at the 3970 NY high before a pullback to a 3937.5 swing low near the 38.2% retrace. Asia opened with a rejection at the 3964.5 Asian high, and lower highs since, the latest at 3951.3, have pressed price toward the 3941.2 Asian low as fresh Qeshm strike headlines lifted oil-risk.
Support: 3,941.20, 3,937.50
Resistance: 3,951.30, 3,964.50, 3,970.40
What it said to watch
M15 close below the 3941.2 asian low exposes the 3937.5 swing low and the 50% retrace near 3933
Close above the 3951.3 lower high breaks the Asian descending line and reopens the 3964.5 asian high
Acceptance above the 3970.4 ny high would extend the rally leg
US midterm results through the session and Qeshm/Hormuz oil headlines could materially shift this read
Lower highs below 3970 into a 3937–3964 consolidation.
Monday's US-Iran-driven slide in oil and yields lifted gold from 3896 to the 3970.36 session high. Price has since printed lower highs, and the early Asia session spike was rejected at the 3964.45 asian high. Price now sits on the 38.2% retrace near 3942, just above the 3941.24 asian low and the 3937.51 swing low, under both EMAs with RSI(14) flat near 48.
Support: 3,941.24, 3,937.51, 3,933.35
Resistance: 3,964.45, 3,970.36
What it said to watch
M15 close below the 3937.51 swing low breaks the consolidation floor and exposes the 50% retrace at 3933
Reclaim of the 3964.45 asian high, followed by a break of the 3970.36 session high, would end the lower-high sequence
US midterm voting is underway and results flow overnight, so headline risk is elevated through the session
Qeshm strike and Hormuz headlines could reverse the oil slide that drove the rally
JOLTS and Factory Orders at 15:00 UTC could shift yields and the read
Asian lower-high sequence off 3964.45, price pressing the Asian low.
Monday's NY-session spike on US-Iran deal hopes, softer oil and lower yields lifted gold out of the 3896–3919 range to a 3970.36 day high, and late NY faded it to the 3937.51 NY low. Asia saw a rejection at 3964.45, then a chain of lower highs. Price is back at the 3941.24 Asian low, near the 38.2% of the NY rally fib, with RSI(14) neutral around 47 and price on the EMA50.
Support: 3,941.24, 3,937.51, 3,919.35
Resistance: 3,953.17, 3,964.45, 3,970.36
What it said to watch
A break of the 3941.24 asian low and the 3937.51 ny low opens the 50% retrace near 3933, with the 3919 london high (the pre-spike range top) below that
A close above the lower highs trendline and 3953.17 ends the Asian lower-high sequence and reopens the 3964.45 asian high and the 3970.36 day high
US midterm voting starts 05:00 UTC, and Qeshm/Hormuz headlines moving crude could materially shift this read
02:17 UTC
Post-rally pullback, lower highs in Asia · RSI 43 · price 3,945.34
Lower highs from the 3964.45 Asian high, holding above the 3937.51 swing low.
Monday's NY rally on oil and yield relief from US-Iran talk hopes topped at the 3970.36 NY high, then retraced to the 38.2% fib with a swing low at 3937.51. Asia spiked to the 3964.45 Asian high and was rejected. Lower highs along a descending trendline have followed, leaving price just above the 3941.24 Asian low and EMA50, with the ema20 near 3950 capping.
Support: 3,941.24, 3,937.51, 3,933.35
Resistance: 3,950.00, 3,964.45, 3,970.36
What it said to watch
M15 close below the 3941.24 Asian low exposes the 3937.51 swing low and the 50% fib near 3933
Close above the descending trendline and the 3950 ema20 reopens the 3964.45 Asian high and 3970.36 NY high
US midterm voting today and JOLTS at 15:00 UTC, plus US-Iran headlines via oil, could materially shift this read
3937–3970 range after NY breakout; lower high in Asia.
Gold broke out of the London range at the NY open on oil-driven USD and yield relief from US-Iran deal hopes. It topped at the 3970.36 session high, and the pullback held the 3937.51 swing low just above the 38.2% retracement. Early Asia was rejected at a lower high at the 3964.45 asian high and has since tested the 3946 intraday low three times. RSI(14) is neutral near 49.
Support: 3,945.90, 3,942.95, 3,937.51
Resistance: 3,964.45, 3,970.36
What it said to watch
M15 close below the 3937.51 swing low breaks the consolidation floor and exposes the 50% retracement near 3931
Loss of the 3946 intraday low and the 3942.95 asian low turns the early-Asia structure lower
Close above the 3964.45 asian high breaks the lower-high trendline and puts the 3970.36 session high back in play
US midterms today, with JOLTS and Factory Orders at 15:00 UTC, could materially shift this read
Range 3937–3970 after NY breakout, lower high in Asia.
Gold is holding Monday's NY-session breakout from 3,909 to the 3,970.36 session high, driven by oil and yield relief on US-Iran headlines. Early Asia was rejected at the 3,964.45 asian high, a lower high against 3,970, and price is now coiling on EMA20 near 3,950 with RSI(14) at 52. The swing low at 3,945.91 and the asian low at 3,942.95 sit just above the 38.2% fib of the breakout leg.
What it said to watch
Failure to hold the 3,942.95 asian low and the 3,937.51 ny low exposes the 50% fib near 3,933
An M15 close above the 3,964.45 asian high breaks the lower-highs sequence and puts the 3,970.36 session high back in play
A break of the 3,945.91 swing low would extend the Asian pullback from the rejection at 3,964
US midterm voting runs today with results overnight; election headlines could materially shift this read
Lower high under 3970 day high, Asian range 3943–3964.
Monday's 13:30 UTC break of the 3891–3919 range (range top 3919.4) ran to a 3970.4 day high on oil and yield relief. The NY fade held the ny low at 3937.5, just under the 38.2% fib of the breakout leg. Early Asia spiked to an asian high of 3964.5 and was rejected, leaving a lower high and price mid-range above the 3943.0 asian low.
Support: 3,943.00, 3,937.50, 3,919.40
Resistance: 3,964.50, 3,970.40
What it said to watch
M15 close above the 3964.5 asian high reopens the 3970.4 day high and breaks the lower-high line
Failure to hold the 3943.0 asian low exposes the 3937.5 ny low and the 38.2% fib
Loss of the 3937.5 ny low puts the 3919.4 range top retest in play
US midterm results and JOLTS at 15:00 UTC could materially shift this read
Asian range 3943–3964 inside the 3937–3970 band set after Monday's NY rally.
Gold has held the NY rally from 3896 to the 3970.36 prior high, a move driven by oil and yield relief on US-Iran talk hopes. The late-NY pullback stopped near the 44% fib at the 3937.5 NY low, and early Asia rejected the 3964.45 Asian high before a swing low at 3945.9 extended the higher-lows sequence. RSI is flat near 50 and price sits mid-range above both EMAs.
Support: 3,945.90, 3,942.95, 3,937.50
Resistance: 3,964.45, 3,970.36
What it said to watch
M15 close above the 3964.45 Asian high reopens the 3970.36 prior high
Break of the 3942.95 Asian low violates the higher-lows line and exposes the 3937.5 NY low
US midterm voting headlines and US-Iran/oil news through Asia and London could materially shift this read
Asian range 3943–3964 inside the NY pullback, rising lows from 3937.5.
Monday's NY rally from 3896 to the 3970.36 NY high came as oil and yields fell on US-Iran talk hopes. The pullback found demand at the 3937.51 swing low, just under the 38.2% fib of the NY rally. Early Asia session spiked to the 3964.45 Asian high and got rejected, and price now sits mid-range near 3954 with the rising lows intact above the 3948 spike low.
Support: 3,948.11, 3,942.95, 3,937.51
Resistance: 3,964.45, 3,970.36
What it said to watch
M15 close above the 3964.45 Asian high opens a retest of the 3970.36 NY high
Break of the 3948 spike low and 3942.95 Asian low breaks the rising lows and exposes the 3937.51 swing low
US midterm voting today, plus JOLTS and Factory Orders at 15:00 UTC, could materially shift this read
US-Iran headlines moving crude remain the main intraday driver
Asian range 3943–3964 inside Monday's 3937.5–3970 pullback range.
Monday's NY-session rally on US-Iran oil and yield relief lifted gold from 3896 to a 3970.36 monday high. The pullback held the 3937.51 ny low, a higher low near the 38.2% retrace. Early Asia session spiked to a 3964.45 asia high but was rejected back to the 3948 asia pivot; RSI(14) is around 56 and ATR(14) about 560 pips.
Support: 3,948.10, 3,942.95, 3,937.51
Resistance: 3,964.45, 3,970.36
What it said to watch
Break below the 3942.95 asia low exposes the 3937.51 ny low and puts the higher-low rally structure at risk
M15 close above the 3964.45 asia high reopens the 3970.36 monday high
US midterm results flow and JOLTS at 15:00 UTC could materially shift this read
00:32 UTC
Recovering from pullback, higher low in place · RSI 61 · price 3,958.68
Higher low at 3937.51, overnight range broken to the upside.
Monday's NY-open surge from 3896 to the 3970.36 monday high came on oil and yield relief from US-Iran talk hopes. The pullback held a swing low at 3937.51 into the close. Early Asia session has broken the 3943–3951 overnight cap (breakout lvl 3951.58) and is pressing the fib 61.8% at 3957.81, with the 3966 prior pivot overhead and RSI(14) near 61.
Support: 3,957.81, 3,951.58, 3,937.51
Resistance: 3,966.38, 3,970.36
What it said to watch
Failure to hold the 3951.58 breakout lvl returns price to the overnight range
Close above the 3966 prior pivot puts the 3970.36 monday high back in play
Break of the 3937.51 swing low and the rising lows trendline voids the higher-low read
US midterm results plus JOLTS and Factory Orders at 15:00 UTC could materially shift this read
US-Iran headlines driving crude remain a two-way risk for this recovery
NY impulse to 3970, retrace held 3937.5, tight Asian range.
NY broke the 3891–3910 London range at 13:30 UTC as oil and yields slid on US-Iran deal hopes. The run topped at the 3970.36 day high, and the late-NY pullback held the 3937.51 swing low inside the 38.2–50% fib of the impulse. Asian session is compressing between the 3942.95 Asian low and the 3951.58 Asian high, with price pressing the top and RSI(14) neutral near 55.
Support: 3,942.95, 3,937.51, 3,933.35
Resistance: 3,951.58, 3,965.77, 3,970.36
What it said to watch
M15 close above the 3951.58 Asian high opens the 3965.77 lower high and the 3970.36 day high
Loss of the 3942.95 Asian low and the 3937.51 swing low exposes the fib 50% at 3933.35
US midterm elections today, plus JOLTS and Factory Orders at 15:00 UTC, could materially shift this read
Lower highs off 3970 session high, tight 3937–3951 band.
Monday's NY session broke out of the 3891–3919 range, lifting gold from 3896 to a 3970 session high as US-Iran talk hopes knocked crude and yields lower. Price has since pulled back to the 38.2% zone and is compressing between the 3937 swing low and the 3951 lower high into the early Asia session. Lower highs at 3966 and 3951 are capping each bounce.
Support: 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-highs trendline and reopens the 3970 session high
Failure to hold the 3937 swing low exposes the fib 50% at 3933, then the 3919 range top
US midterm results flowing in over the next sessions and US-Iran/oil headlines could materially shift this read