Gold sold off hard through the NY session after the hot 172K NFP beat, slicing the $4,460 weekly low and extending to $4,314. Price is stacked well below EMA(20) and EMA(50) with RSI(14) pinned in oversold territory and no bounce yet of note. The $4,344 shelf, prior support, now caps as the first reaction level.
Support: 4,314.00, 4,300.00
Resistance: 4,344.00, 4,406.00
What it said to watch
H1 close back above 4344 would ease the breakdown read; reclaim of 4406 needed to repair structure
Loss of 4314/4300 confirms continuation of the lower-low sequence
US CPI Jun 10 is the week's dominant catalyst and can reset this read
Gold collapsed through the NY session after the hot 172K NFP print revived Fed-hike bets, slicing from the 4470 area to a fresh weekly low near 4317 in a near-vertical move. Price sits well below EMA20 and EMA50 with RSI(14) pressed into oversold around 25, and the 4406 breakdown level now caps as the prior shelf. No recovery structure has formed; each bounce since the break has stalled below the falling resistance line.
Support: 4,315.27, 4,300.00
Resistance: 4,406.00
What it said to watch
Failure to hold 4315 swing low confirms continuation toward the 4300 psych level
Reclaim of the 4344 intraday high would be the first sign the selloff is stalling
US CPI Tue Jun 10 12:30 UTC is the week's dominant catalyst; Fed's Barr speaks Jun 6 16:00 UTC
18:02 UTC
Downtrend, accelerating · RSI 28 · price 4,340.95
Lower highs, lower lows; at weekly lows.
Gold collapsed through the 12:00 UTC NFP print (172K vs 85K f/c), shedding roughly $130 from 4470 into weekly lows below 4341 as the hawkish-Fed read repriced. Price is pinned well under EMA20/EMA50 with RSI(14) near 28, and the bounce attempts off 4323 have stalled below 4350. The structure has been a clean sequence of lower highs since Tuesday's 4541 peak.
Support: 4,323.41
Resistance: 4,406.00
What it said to watch
Failure to hold 4323 confirms the next lower-low
H1 close back above 4406 breakdown level would ease the downside pressure
US CPI Tue Jun 10 12:30 UTC is the dominant catalyst and can reshape this read
Gold spent most of the week pinned in a 4440–4480 band before the 172K NFP beat (vs 85K f/c) triggered a sharp leg down through support into the NY session, dragging price to weekly lows near 4344. RSI(14) is oversold around 28 with price stretched well below EMA20 and EMA50. The 4460 area that was prior support now caps as the broken floor.
Support: 4,323.41
Resistance: 4,445.00, 4,460.00
What it said to watch
Reclaim of 4445 then 4460 would neutralise the breakdown read
Failure to hold 4323 confirms continuation of the lower-low sequence
US CPI Jun 10 12:30 UTC is the week's dominant catalyst and could reshape this read
Gold broke down hard after the 172K NFP beat (vs 85K f/c) revived Fed-hike bets, slicing through this week's 4435–4480 range and the 4460 weekly low into a 4344 swing low. Price trades well below EMA20/50 with RSI(14) near oversold after a three-bar plunge through the NY session. The post-NFP high near 4421, the 4470 prior range and the 4500 psych level now sit overhead as resistance.
Resistance: 4,421.11, 4,470.00, 4,500.00
What it said to watch
H1 close back above 4470 prior range would negate the breakdown
Failure to hold 4344 swing low confirms continuation lower
US CPI on Jun 10 is the decisive catalyst that could materially shift this read
14:02 UTC
Downtrend, accelerating · RSI 22 · price 4,367.28
Lower highs and lower lows, fresh week low.
Gold slumped through the NFP, breaking the 4425 weekly-low zone after the 172K payrolls beat lifted USD and yields and capped the metal below the 4500 pivot. Price is now at 4367, well below EMA20 and EMA50, with RSI(14) pressed into oversold after two heavy down-bars. The 4470 swing high that capped Thursday's NY session has flipped to overhead supply.
Support: 4,365.00
Resistance: 4,425.00, 4,470.00, 4,500.00
What it said to watch
Failure to hold 4365 session low confirms continuation lower
Reclaim of 4425 weekly low would ease the downside read
US CPI on Jun 10 is the next major catalyst for this read
13:03 UTC
Downtrend, accelerating · RSI 33 · price 4,406.46
Range break to the downside, fresh lower low.
Gold slumped on the NFP beat (172K vs 85K f/c), with the final hour collapsing through the $4,425 weekly-low zone that had floored the range since Monday. Price now sits below EMA20 and EMA50 with RSI dropping into the low 30s as the dollar/yields firm. The break below $4,425 turns that zone into resistance, with the $4,400 round number now in play.
What it said to watch
Reclaim of $4,425 would invalidate the breakdown and put price back inside the week's range
Failure to hold $4,400 confirms continuation toward lower-timeframe support
US CPI on Jun 10 12:30 UTC is the next major catalyst and could materially shift this read
12:02 UTC
Rangebound, drifting up into NFP · RSI 55 · price 4,470.05
Range below 4500 pivot, holding above weekly low.
Gold has been confined to a choppy 4424–4500 band all week, with the 4500 pivot capping every rally attempt and the weekly low at 4424 absorbing dips. Price has ground higher off Thursday's low through the Asia and early London sessions, reclaiming EMA20 near 4462, but RSI(14) sits mid-range with no momentum extreme. The US jobs report at 12:30 UTC is the immediate driver and will likely dictate which side of the range breaks.
Support: 4,462.00, 4,438.00, 4,424.00
Resistance: 4,500.00, 4,515.00
What it said to watch
US NFP at 12:30 UTC is the dominant catalyst — a sizeable miss or beat will likely break this range
A close above the 4500 pivot opens the path back toward the 4515 week high
Loss of 4438 swing low exposes the 4424 weekly low again
11:02 UTC
Rangebound, two-way into NFP · RSI 51 · price 4,466.19
Range between weekly low and pivot.
Gold has chopped sideways all week between the $4,424 weekly low and the $4,500 pivot, with the early-week drop from $4,541 unwinding into a range. Price slipped to the weekly low again in early European trade as US-Iran headlines stalled, then bounced to reclaim EMA(20) around $4,462 — RSI(14) sits mid-range near 51. Prior-high supply at $4,485 and the $4,500 pivot have capped recovery attempts.
Support: 4,424.00
Resistance: 4,500.00
What it said to watch
US NFP at 12:30 UTC (~1.5h) is the binary catalyst for this range
H1 close above 4500 pivot opens a deeper recovery toward range top
Failure to hold 4424 weekly low confirms a lower-low
10:02 UTC
Rangebound, recovering off lows · RSI 51 · price 4,464.15
Two-way range, holding above weekly low.
Gold has chopped sideways all week, sliding to the $4,424 weekly low in early European trade as US-Iran ceasefire talks stalled and traders squared up ahead of NFP. Price has recovered to ~4464, reclaiming EMA20 but stalling just under the EMA50 near 4472; RSI sits mid-range around 50. The $4,500 pivot continues to cap upside and the 4424/4428 double-bottom marks the floor.
Support: 4,424.00
Resistance: 4,472.00, 4,500.00
What it said to watch
US Nonfarm Payrolls today 12:30 UTC (~2.5h) is the binary catalyst that will likely break this range
A close above the 4500 pivot would open a deeper recovery
Failure to hold the 4424 weekly low confirms a downside break
09:03 UTC
Downtrend stalling into range · RSI 49 · price 4,461.76
Lower highs off week high, ranging near EMA20.
Gold rolled over from this week's $4,541 high and has since ground into a $4,424–4,500 range, with price now pinned to EMA(20) near 4460 and below EMA(50). RSI(14) is cycling around the midline as the impulse stalls. Two-sided chop persists as safe-haven flows fade on the Israel-Lebanon truce and traders sit on hands into the May payrolls report.
Support: 4,424.00
Resistance: 4,500.00
What it said to watch
US NFP/AHE today ~12:30 UTC could materially shift this read
Close below 4424 confirms a fresh lower-low
Close above 4500 round number breaks the range top
Gold has churned in a $4,424-4,540 range all week, with alternating US-Iran headlines and pre-NFP caution keeping flows two-way. After tagging 4514 in the NY session Thursday, price was sold back toward the weekly low near 4424-4428 and is now bouncing to 4460, holding just under EMA(20). RSI(14) sits mid-range with the 4424/4428 lows forming a tentative double bottom.
Support: 4,424.00
Resistance: 4,475.00, 4,514.00
What it said to watch
US Nonfarm Payrolls today ~12:30 UTC could materially shift this read
H1 close back above 4475 ema20 would re-open the 4514 prior high
Loss of 4424 week low confirms range break to the downside
Gold has chopped within a roughly 4,425-4,500 band all week, with the 4,500 range top rejecting two attempts and the 4,538 week high standing since Tuesday's NY session. Price slipped back toward the weekly low in early Friday European trade as traders de-risked ahead of US payrolls, now trading below EMA20 and EMA50 with RSI(14) in the mid-40s. The recent low near 4,438 is the immediate floor above the 4,424 weekly low.
What it said to watch
US Nonfarm Payrolls ~12:30 UTC today is the dominant near-term risk for this read
H1 close below 4,424 weekly low confirms a range break lower
Reclaim of EMA20 near 4,475 and 4,500 range top needed to neutralise the downward drift
06:02 UTC
Downtrend, near weekly lows · RSI 39 · price 4,440.24
Lower highs, lower lows since Tuesday.
Gold has carved a steady sequence of lower highs since Tuesday's $4,541 peak, sliding into early Friday's session back toward weekly lows near $4,440 as US-Iran ceasefire talks stalled and the safe-haven USD firmed. Price trades below both EMA(20) and EMA(50), with RSI(14) cycling in the high-30s and supply capping each bounce around the $4,480 EMA band. Thursday's 1%+ rally was fully retraced into the current de-risking ahead of NFP.
Support: 4,435.00, 4,424.00
Resistance: 4,470.00
What it said to watch
US Nonfarm Payrolls ~12:30 UTC today is a live risk that could materially shift this read
Loss of 4435/4424 confirms continuation of the lower-low sequence
H1 close back above 4470 EMA band would challenge the downtrend structure
05:03 UTC
Downtrend, lower highs · RSI 40 · price 4,443.83
Rolling back toward weekly lows after failed bounce.
Gold has been carving lower highs since Wednesday, and the mid-week recovery to 4514 was rejected and reversed through the European-to-Asia transition back toward this week's lows. Price sits below EMA20 and EMA50 with RSI(14) near 40, reflecting the soft tone into NFP as a firmer USD and fading safe-haven bid weigh. Support at 4435–4424 has held the prior dips; loss of it would extend the decline.
Support: 4,435.00, 4,424.00
Resistance: 4,476.00, 4,514.00
What it said to watch
H1 close below 4424 confirms a fresh lower-low and extends the downtrend
Reclaim of 4476 would challenge the lower-high structure
US NFP at ~12:30 UTC could materially shift this read
Gold has trended lower since Monday's open near 4540, with Thursday's NY push to 4514 rejected and faded back toward weekly lows. Price holds below EMA(20) and EMA(50) with RSI(14) sub-40, and is consolidating just above the 4424 week low after slipping in Friday's Asian session on stalled US-Iran ceasefire headlines. The 4470-4481 band has capped each bounce this week.
Support: 4,424.00
Resistance: 4,470.00, 4,481.00
What it said to watch
US May Nonfarm Payrolls at 12:30 UTC (~8.5h) could materially shift this read
H1 close below 4424 confirms a fresh lower low
Reclaim of 4481 would break the descending lower-high sequence
03:03 UTC
Downtrend, fresh lows · RSI 35 · price 4,438.43
Lower highs, lower lows below EMAs.
Gold has rolled over since the NY spike to 4514 was rejected at the 4500 psych level, grinding back to fresh session lows near 4438 with price now pinned below both EMA(20) and EMA(50) around 4475. RSI(14) sits in the mid-30s, confirming the downside momentum as the safe-haven bid faded on stalled US-Iran ceasefire talks. The 4424 week low is the last structural floor before further downside opens.
Support: 4,424.00, 4,438.00
Resistance: 4,475.00, 4,500.00
What it said to watch
H1 close back above 4475 EMA area would neutralise the lower-high sequence
Loss of 4424 week low confirms continuation lower
US Nonfarm Payrolls ~12:30 UTC could materially shift this read
02:02 UTC
Downtrend, lower highs · RSI 40 · price 4,445.66
Lower highs, retesting weekly low zone.
Gold has carved a series of lower highs since Monday's open near 4545, with the latest NY-session bounce stalling at 4514 before fading back toward the weekly-low zone. Price sits below EMA(20) and EMA(50) with RSI(14) sub-40, capped below 4500 as a firmer USD and hawkish Fed pricing weigh, while the unresolved US-Iran standoff keeps a geopolitical floor under 4424.
Support: 4,424.00
Resistance: 4,480.00, 4,514.00, 4,545.00
What it said to watch
H1 close below 4424 confirms a fresh lower-low and weekly-range break
Reclaim of 4480 would break the lower-high sequence
US Nonfarm Payrolls ~10h away (12:30 UTC) could materially shift this read
Gold spiked to 4514 in the NY session before being rejected and slipping back toward 4458, now sitting on the 61.8% retracement of that 4424–4514 rally. Price trades below EMA20 with RSI(14) near 39 as the recovery fades; the week's choppy tone below 4500 persists, capped by hawkish Fed pricing and a supported USD. Demand around 4450 has held the latest leg lower.
Support: 4,450.00, 4,440.00, 4,424.00
Resistance: 4,495.00, 4,514.00
What it said to watch
Loss of 4450 exposes the 4440 swing low and 4424 weekly low
H1 close back above 4495 reopens the 4514 swing high
US Nonfarm Payrolls ~13h out could materially shift this read
Gold has trended lower through the week, the sharp Tuesday session drop from 4503 to 4450 setting the tone and rallies capped by a descending series of lower highs at 4535, 4514 and 4495. Price slid off the 4514 session high back to 4461 and now sits below both EMA(20) and EMA(50) with RSI(14) mid-40s; the move tracks a firm USD and hawkish Fed pricing while stalled US-Iran talks keep a geopolitical floor. Demand has stepped in twice near 4434–4424, defining the range base.
Support: 4,434.00, 4,424.00
Resistance: 4,495.00, 4,514.00, 4,535.00
What it said to watch
Hourly close below 4434 confirms a lower-low and opens 4424 week low
Reclaim of 4495 would break the lower-high sequence capping this week
US Nonfarm Payrolls Fri 12:30 UTC (~13h) could materially shift this read