XAU/USD AI Live Scan, 15-minute chart, Thursday, 5 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.
23:47 UTC
Downtrend from the 4146.9 high, early Asia bounce · RSI 45 · price 4,093.70
Lower highs at 4138, 4128 and 4118; Asia sweep low at 4071.1 rejected.
Gold has printed lower highs since the 4146.9 Asia peak. NY selling on the firmer USD took out 4076, and the bounce to the 4128 NY high faded into a swing high at 4118 and a ny late low at 4081.5. The new Asia session opened with a sweep low at 4071.1 that was rejected immediately; price is holding below the 4098 session high, near the 38.2% retracement of the 4128–4071 leg.
Support: 4,081.50, 4,071.10
Resistance: 4,098.40, 4,118.00, 4,128.10
What it said to watch
Close above the 4098 session high and the 50% fib near 4100 lifts price into the 4118 swing high and lower-highs line
Failure to hold the ny late low at 4081.5 reopens the 4071 sweep low
Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read
23:32 UTC
Downtrend of lower highs, low swept and reclaimed · RSI 43 · price 4,093.92
Lower highs from 4146.92; sweep below NY low reclaimed in early Asia.
Gold has printed lower highs from yesterday's 4146.92 peak through 4138.18, the 4128.06 rebound high and the 4117.95 lower high as the USD and yields bounced, after a whipsaw NY session that set a 4076.32 NY low and a 4081.51 late NY low. Early Asia swept below to a 4071.13 sweep low and closed back near the 4097.53 Asia high. Price now sits at the 38.2% fib of the NY swing, below EMA20/50, with RSI(14) near 43.
Support: 4,081.51, 4,076.32, 4,071.13
Resistance: 4,097.53, 4,117.95, 4,128.06
What it said to watch
M15 close back below the 4081.51 late NY low reopens the 4071.13 sweep low and confirms the lower-low
A close above the 4097.53 Asia high and the 50% fib near 4099.6 brings the lower-highs line near 4105 into play
A close above the 4117.95 lower high breaks the lower-high sequence
Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read
Lower highs at 4128 and 4118; price pressing the NY low.
Gold faded from the 4146.92 Asia-session peak as the USD and yields bounced. The NY low at 4076.32 sparked a rebound, but it was capped at 4128 and then at the 4117.95 swing high, a lower-highs sequence. A late-NY loss of the 4100 round number has the new Asia session, capped at a 4092.51 session high, now retesting the NY low with RSI(14) near 33.
Support: 4,076.32, 4,057.79
Resistance: 4,092.51, 4,100.00, 4,117.95
What it said to watch
M15 close below the 4076.32 ny low confirms a lower low and exposes the 4057.79 prior low
Recovery above the 4100 round number and the lower-highs line near 4106 neutralises the intraday downtrend read
Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read
23:04 UTC
Intraday downtrend, lower highs since the Asia peak · RSI 37 · price 4,088.91
Lower highs from 4146.92; 4095–4118 range broken lower late NY.
Gold ran from the Asia low at 4057.79 to a 4146.92 session high on the risk-off and yield drop, then printed lower highs as the USD and yields bounced. NY saw a flush to the 4076.32 NY low near the 78.6% retracement of the Asia rally, and the bounce was rejected at the 4128.06 NY bounce high. After the US close, price slipped through the 4095.5 range floor and is now drifting just above the 4081.51 late NY low, with RSI(14) near 37.
Support: 4,081.51, 4,076.32, 4,057.79
Resistance: 4,095.50, 4,117.95, 4,128.06
What it said to watch
M15 close back above the 4095.5 range floor reopens the 4095–4118 range
Close above the 4117.95 swing high breaks the lower-highs trendline
Failure to hold the 4081.51 late NY low exposes the 4076.32 NY low and the 78.6% fib
Loss of 4076.32 opens the path to the 4057.79 Asia low
Fed's Williams 09:30 UTC and US NFP 13:30 UTC (f/c 65K) could materially shift this read; a print above ~100K is the stated risk to the rally
22:47 UTC
Intraday downtrend, lower highs since Asia · RSI 38 · price 4,088.91
Lower-high sequence; late-NY range break below 4095, stalling above 4081.
Lower highs from the 4146.92 Asian high (4135.92, 4128.06, 4117.95) have capped price all day. A late-NY range break through the 4095.50 range floor ran to the 4081.51 late low, and price has since stalled in a 4086–4092 band into the close, below both EMAs with RSI(14) near 38. The drop has given back the risk-off push above $4,100 as USD and yields steadied.
Support: 4,081.51, 4,076.32
Resistance: 4,095.50, 4,117.95
What it said to watch
M15 close back above the 4095.50 range floor (fib 38.2% of the 4117.95–4081.51 drop) negates the range break
Failure to hold the 4081.51 late low exposes the 4076.32 ny low
Close above the lower-highs trendline and the 4117.95 lower high breaks the sequence
Fed's Williams (09:30 UTC) and NFP (13:30 UTC, f/c 65K) on Friday could materially shift this read
22:32 UTC
Intraday downtrend, lower highs since Asia peak · RSI 38 · price 4,088.91
Lower highs into 4081–4076 support, tight consolidation into the daily close.
Gold faded through late NY hours, dropping back below the 4100 round number to a 4081.5 swing low. The move extends a chain of lower highs from the 4146.9 Asia session high, with the 4076.3 NY low just beneath. The fade fits the USD/yields bounce flagged in the digest, and price is now flat near 4089 into the daily close with RSI(14) around 38.
Support: 4,081.51, 4,076.32, 4,057.79
Resistance: 4,100.00, 4,117.95, 4,128.06
What it said to watch
Break of the 4081.5 swing low and the 4076.3 NY low confirms a lower-low and puts the 4057.8 Asian low in play
Reclaim of the 4100 round number and a close above the 4118 lower high would break the descending trendline
M15 close above the 4128 rebound high invalidates the late-NY fade read
Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read
22:17 UTC
Downtrend, lower highs since Asia peak · RSI 38 · price 4,088.91
Lower-high chain, evening range broken lower.
Highs have stepped lower since the 4146.92 Asia high. The NY-open flush to the 4076.32 NY low retraced to 4128, then the 4117.95 lower high capped. Price broke the 4098–4118 evening range floor to a 4081.51 late NY low into the close as the USD and yields bounced on firm claims data. RSI(14) near 38 is soft but not oversold.
Support: 4,081.51, 4,076.32, 4,057.79
Resistance: 4,098.18, 4,117.95, 4,146.92
What it said to watch
Failure to hold the 4081.51 late NY low exposes the 4076.32 NY low, then the 4057.79 daily low
A reclaim of the 4098.18 range floor plus a break of the lower-high trendline (~4111) would neutralise the lower-high read
A move through the 4117.95 lower high would break the sequence back toward the 4146.92 Asia high
Fed's Williams at 09:30 UTC and NFP at 13:30 UTC could materially shift this read
22:06 UTC
Intraday downtrend from the Asia peak, momentum soft · RSI 38 · price 4,088.91
Lower highs 4128→4118 after NY open; the 4095 base broke late in NY.
Gold has faded from the 4146.92 Asia-session peak as the USD and yields firmed. The 14:30 UTC NY spike printed the 4076.32 NY low, and price then bounced to the 4128.06 NY high. The lower high at 4117.95 was rejected, and the 21:00 UTC bar broke the 4095 base, leaving price near 4089 with RSI(14) around 38.
Support: 4,081.51, 4,076.32
Resistance: 4,095.50, 4,117.95, 4,128.06
What it said to watch
An M15 close back above the 4095 base (4095.50) negates the late-NY range break
Failure to hold the 4081.51 late NY low exposes the 4076.32 NY low
A break of the lower-high trendline toward 4118 ends the lower-high sequence; the 4128.06 NY high sits above
Fed's Williams (09:30 UTC) and US NFP (13:30 UTC, f/c 65K) could materially shift this read
21:47 UTC
Intraday downtrend, lower highs since Asia · RSI 37 · price 4,086.51
Lower-high sequence from 4146.92; range floor 4095.5 broken late NY.
Gold has printed lower highs all day from the 4146.92 Asia session high as the USD and yields bounced on firm claims and productivity data. Late in the NY session price broke the 4095.5 range floor and is pressing the late low at 4081.51, just above the NY low at 4076.32. RSI(14) is near 37, soft but not oversold.
Support: 4,081.51, 4,076.32
Resistance: 4,095.50, 4,117.95, 4,128.06
What it said to watch
Failure to hold the 4076.32 NY low confirms a fresh lower-low
Recovery back above the 4095.5 range floor would neutralise the range break
Close above the lower highs trendline, now near 4111, and the 4117.95 lower high breaks the sequence; the 4128.06 swing high sits above
Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC Friday could materially shift this read
21:32 UTC
Intraday downtrend, lower highs off NY high · RSI 39 · price 4,089.94
Lower highs at 4128.06 and 4117.95; afternoon floor broken late NY.
After a whipsaw NY session, gold faded from the 4128.06 NY high and broke the 4095.50 afternoon floor into a 4081.51 late low around the NY close, as the USD clawed back ground on hawkish Fed talk. Lower highs at 4128 and 4117.95 frame the decline. Price is pinned just above the late low with RSI(14) near 39, and the 4076.32 NY low is the next reference beneath.
Support: 4,081.51, 4,076.32
Resistance: 4,095.50, 4,117.95, 4,128.06
What it said to watch
M15 close back above the 4095.50 broken floor negates the range break
Close above the 4117.95 lower high breaks the lower-high sequence and the fade trendline
Failure to hold the 4081.51 late low exposes the 4076.32 NY low
Fed's Williams (09:30 UTC) and US NFP (13:30 UTC Fri, f/c 65K) could materially shift this read
21:17 UTC
Downtrend after NY open, lower highs · RSI 37 · price 4,089.55
Lower highs at 4128/4118; 4095–4118 range broken lower late NY.
The Asia session rally topped at 4146.92. The NY open then flushed price to the NY low at 4076.32, and the rebound stalled at an NY bounce high of 4128.06 before a lower high at 4117.95. After NY close the 4095–4118 range gave way, with the range floor at 4095.50 broken to a swing low of 4081.51, RSI(14) near 37 and still clear of oversold.
Support: 4,081.51, 4,076.32
Resistance: 4,095.50, 4,117.95, 4,128.06
What it said to watch
Failure to hold the 4081.51 swing low exposes the NY low at 4076.32
M15 close back above the 4095.50 range floor negates the range break
Close above the lower-high trendline near 4118 breaks the lower-high sequence; the NY bounce high at 4128.06 sits above
Fed's Williams 09:30 UTC and US NFP 13:30 UTC Fri (f/c 65K) could materially shift this read
Lower highs compressing onto a flat 4095 floor after NY whipsaw.
Late NY, gold is pressing a 4095 ny floor tested three times since 18:00 UTC. Lower highs at the 4128 rebound high and 4118 have followed the volatile swing to a 4076 ny low, which came after mixed US claims and unit labour cost data. The Asian high at 4146.92 still caps the day; RSI(14) near 40 with price below EMA20 and EMA50.
Support: 4,095.30, 4,076.32, 4,057.79
Resistance: 4,117.95, 4,128.06, 4,146.92
What it said to watch
M15 close below the 4095 ny floor opens the 4076 ny low
Failure to hold 4076 exposes the 4058 asian base
Close above the 4118 lower high breaks the lower-high sequence and puts the 4128 rebound high back in play
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read
20:47 UTC
Intraday lower highs, compressing late NY · RSI 41 · price 4,100.14
Lower highs since the Asia high; 4095–4118 range under a falling trendline.
Gold printed its asia high at 4146.92, then the NY open whipsawed down to the ny low at 4076.32 as the USD clawed back on firm claims data. The rebound high at 4128.06 capped the recovery, and the 4117.95 swing high met rejection. Late NY is now compressing between the late ny low at 4095.50 and the lower-highs trendline, near the 50% of the NY rebound.
Support: 4,095.50, 4,076.32
Resistance: 4,117.95, 4,128.06, 4,146.92
What it said to watch
M15 close below the 4095.50 late ny low exposes the 4076.32 ny low
A break of the lower-highs trendline and the 4117.95 swing high reopens the 4128.06 rebound high and the asia high
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read
20:32 UTC
Intraday down from Asia high, now ranging · RSI 41 · price 4,100.33
Lower highs below 4128, late-NY range 4095.5–4117.95.
Gold faded from the 4146.92 Asia high. Range bars hit after the US open as the strong claims data lifted USD, with a whipsaw to the 4076.32 NY low and a rebound that stalled at the 4128.06 NY high. Late NY is ranging between the 4095.5 range low and the 4117.95 lower high, with price near the 50–61.8% fib of the rebound and RSI(14) around 41.
Support: 4,095.50, 4,076.32
Resistance: 4,117.95, 4,128.06, 4,146.92
What it said to watch
M15 close below the 4095.5 range low exposes the 4076.32 NY low
Close above the 4117.95 lower high breaks the descending trendline and reopens the 4128.06 NY high
Asia high at 4146.92 remains the session cap; supply has capped every push since
Fed's Williams (09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read
Lower-high sequence from the Asian high into a late-NY range above a 4095 floor.
Gold's Asian-session surge to the 4146.92 asian high has given way to a chain of lower highs. The NY whipsaw after the firm US claims print reached the 4076.32 ny low, and the rebound stalled at the 4128.06 swing high. Late in the NY session, price is coiling between the 4095.50 range floor and the 4117.95 lower high, with RSI(14) near 42 and price below both EMAs.
Support: 4,095.50, 4,076.32
Resistance: 4,117.95, 4,128.06, 4,146.92
What it said to watch
M15 close above the 4117.95 lower high breaks the lower-highs trendline and reopens the 4128.06 swing high
Failure to hold the 4095.50 range floor exposes the 4076.32 ny low
4146.92 asian high remains the intraday cap on this window
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) are the next catalysts that could materially shift this read
19:47 UTC
Two-way after NY flush, rebounding late NY · RSI 52 · price 4,114.27
Contracting: lower high 4128 vs higher low 4095.5.
The Asia-session surge to the 4146.92 asian high faded through London. A firmer USD after strong claims data then drove a 4135.92–4076.32 swing into the ny low. Late NY, price has broken out of a 4098–4108 box off the range floor and is pressing the 61.8% fib near 4113 and the EMA50 (~4115), with the 4128 lower high overhead and RSI(14) neutral near 52.
Support: 4,098.00, 4,076.32
Resistance: 4,128.06, 4,146.92
What it said to watch
M15 close above the 4128 lower high breaks the lower-high sequence and reopens the 4146.92 asian high
Slip back below the 4098 range floor turns the breakout into a false break and exposes the 4076 ny low
Break of the rising line from the ny low would undo the higher-low structure
NFP Fri 13:30 UTC (f/c 65K) and Williams at 09:30 UTC could materially shift this read
19:32 UTC
Intraday down off Asia high, now flat · RSI 46 · price 4,100.12
Lower high at 4128 under 4146 Asia high; late-NY compression 4095–4108.
Asia ran to a 4146.92 asia high on the post-midterm USD slide, then London ranged 4111–4138. The NY open flush to the 4076.32 ny low came as the USD pared losses, and the rebound met rejection at a 4128.06 lower high. Late NY is compressing between the 4095.5 range floor and the 4108.34 range top, below both EMAs, RSI(14) near 46.
Support: 4,095.50, 4,076.32
Resistance: 4,108.34, 4,128.06, 4,146.92
What it said to watch
M15 close below the 4095.5 range floor exposes the 4076.32 ny low
Recovery above the 4108.34 range top reopens the 4128.06 lower high, the 61.8–78.6% zone of the asia high-ny low retrace
Only a move through the 4146.92 asia high breaks the lower-high sequence
Fed's Williams (09:30 UTC) and NFP Fri 13:30 UTC (f/c 65K, AHE 0.3%) could materially shift this read
19:17 UTC
Post-NY-flush consolidation, lower highs from Asia peak · RSI 51 · price 4,105.23
Late-NY compression 4095–4108 beneath a lower-high sequence.
Asia ran to a two-week Asia high at 4146.92 on the weaker USD and lower yields, but a USD rebound capped it and the NY open swept down to the NY low at 4076.32. The bounce saw rejection at the 4128 swing high near the 61.8% retrace, and late NY is now compressing between the 4095.5 range low and the 4108.7 range top, RSI(14) neutral near 51.
Support: 4,095.50, 4,076.32
Resistance: 4,108.72, 4,128.06, 4,146.92
What it said to watch
M15 close above the 4108.7 range top reopens the 4128 swing high and the lower highs line
Failure to hold the 4095.5 range low exposes the 4076.32 NY low
US NFP Fri 13:30 UTC (f/c 65K) and Williams at 09:30 UTC could materially shift this read; asia high at 4146.92 is the cap a soft print would test
Lower highs compressing into a 4095–4109 range after the NY sweep and rebound.
Gold faded from the 4146.92 session high set in Asia as the USD recovered on firm claims data. NY hours swept below London lows to the 4076.32 NY low, then rebounded to a 4128.06 rebound high. Price is now coiling between the 4095.5 range low and the 4108.75 range top, sitting near the 50% retracement of the NY rebound, with lower highs pressing from above and price under both EMAs.
Support: 4,095.50, 4,076.32
Resistance: 4,108.75, 4,128.06, 4,146.92
What it said to watch
M15 close above the 4108.75 range top breaks the lower-high sequence and puts the 4128.06 rebound high back in view
Failure to hold the 4095.5 range low reopens the 4076.32 NY low
Fed's Williams (09:30 UTC) and NFP (13:30 UTC Fri, f/c 65K) could materially shift this read; the 4146.92 session high sits just under the $4,150 cap
18:45 UTC
Intraday downtrend, basing late NY · RSI 43 · price 4,106.06
Lower highs from 4146.92 Asian high; NY whipsaw 4076–4136, now holding 4095–4106.
Gold has faded from the 4146.92 Asian high as the USD recovered on firm claims and productivity data. NY whipsawed between the 4135.92 spike high and the 4076.32 NY low, then printed a lower high at 4128.06. Price is now holding a triple low near 4095.5, which sits on the 61.8% fib of the NY bounce, with RSI(14) at 43 late in the NY session.
Support: 4,095.50, 4,076.32
Resistance: 4,128.06, 4,135.92, 4,146.92
What it said to watch
M15 close below the 4095.5 triple low exposes the 4076.32 NY low
Close above the 4128.06 lower high breaks the lower-high sequence; 4135.92 spike high and 4146.92 Asian high sit above
Fed's Williams (09:30 UTC) and NFP (13:30 UTC) on Friday could materially reset this read
NY range 4076–4136 under the 4146.92 Asia high; lower high at 4128.
NY hours turned two-way as USD firmed on the 189K claims print and hawkish Fed talk. A flush to the 4076.32 NY low reversed to a 4128.06 lower high, and price is back near the fib 61.8 of that rebound at 4095.5. RSI(14) sits near 44 with price below both EMAs, and the Asia session high at 4146.92 remains the cap.
Support: 4,095.50, 4,076.32
Resistance: 4,128.06, 4,146.92
What it said to watch
Close below 4095.5 (fib 61.8) exposes the 4076.32 ny low
Recovery above the 4128.06 lower high reopens the 4146.92 session high
Fed's Williams (09:30 UTC Fri) and NFP (13:30 UTC Fri, f/c 65K) could materially shift this read; thin late-NY into Asia trade until then
18:04 UTC
Intraday downtrend, lower highs since London · RSI 42 · price 4,101.64
London range broken lower in NY; lower high at 4128 after whipsaw low.
Asia ran to a 4146.92 asia high before London held a 4111–4138 range. The NY open broke that range lower as the USD firmed after the 189K claims print, whipping to a 4076.32 ny low. The bounce was rejected at a 4128.06 lower high, and price is back at the 4100 psych level, roughly the 50% retrace of the NY bounce, with RSI(14) near 42.
Support: 4,100.00, 4,092.57, 4,076.32
Resistance: 4,128.06, 4,138.18, 4,146.92
What it said to watch
M15 close below 4100 psych exposes the 4092.57 spike low, then the 4076.32 ny low
Recovery through the 4128.06 lower high breaks the lower-highs line and reopens the 4138.18 london high
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could reset the intraday structure; 4146.92 asia high is the upside cap in focus
17:47 UTC
Intraday pullback inside a post-Asia range · RSI 44 · price 4,104.40
Lower high at 4128 after NY whipsaw; price at 50% of Asia rally.
The Asia rally from 4057.8 to the 4146.92 asian high gave way to a 4115–4138 London range. NY hours broke below it as USD and yields recovered, printing a 4076.32 ny low near the 78.6% fib. The rebound was rejected at a 4128 lower high, and price now sits on the 50% retracement near 4102, RSI(14) 44, ATR about $13.4.
Support: 4,095.40, 4,076.32
Resistance: 4,128.06, 4,138.18, 4,146.92
What it said to watch
A close below the 4095 swing low reopens the 4076.32 ny low and the 78.6% fib
A reclaim of the 4128 lower high, then the 4138 london high, breaks the lower-high sequence
4146.92 asian high caps the day; Williams Fri 09:30 UTC and NFP 13:30 UTC are the next scheduled catalysts
17:32 UTC
Intraday range, two-way after NY volatility · RSI 46 · price 4,111.64
NY false break below London low reclaimed; lower high at 4128 below Asia high.
The NY open spiked to 4135.92, then flushed through the london low (4108.95) to a ny low of 4076.32 as USD and yields recovered, before a V-shaped reclaim stalled at a 4128 lower high. Late in NY, price is back near 4111, just under EMA20, with RSI(14) at 46 and the asia high at 4146.92 still capping the falling highs.
Support: 4,108.95, 4,095.50, 4,076.32
Resistance: 4,128.06, 4,138.18, 4,146.92
What it said to watch
M15 close below the london low at 4108.95 puts the 4092–4096 swing low, near the 61.8% fib of the NY rebound, back in play
Loss of the 4076.32 ny low would cancel the false-break read
A close above the 4128 lower high reopens the 4138 london high and the 4146.92 asia high
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read
London 4115–4138 range restored after NY false break to 4076.
Asia ran to the 4146.92 day high, near the digest's $4,146 cap, before London held a 4115–4138 band capped by the london high. The NY open swung both ways, broke the 4111 swing low and the 4095 spike low to print the 4076.32 ny low as USD and yields recovered. The V-rebound retraced about 87% of the NY drop fib to the 4128 bounce high, and price now sits back inside the London range just above EMA20/EMA50 with RSI(14) neutral near 49.
Support: 4,111.40, 4,076.32
Resistance: 4,128.06, 4,138.18, 4,146.92
What it said to watch
M15 close above the 4128 bounce high reopens the 4138 london high and the 4147 day high
Loss of the 4111 swing low exposes the 4095 spike low, then the 4076 ny low that anchors the false-break read
ATR(14) near 1600 pips after the NY spike; Williams Fri 09:30 UTC and NFP Fri 13:30 UTC (f/c 65K) could materially shift this read
17:03 UTC
Two-way intraday, V-recovery off NY low · RSI 51 · price 4,122.39
London range 4111–4138 swept to 4076 during NY, price back inside range.
Asia ran gold from the 4060s to the 4146.92 day high, then London held a 4111–4138 range under a lower highs trendline. During NY hours the USD rebound on strong claims and productivity data swept the london low to 4076.32, but price snapped back into the range above the 4095 ny shelf. The rebound has retraced most of the NY drop fib, and RSI(14) sits mid-range near 51.
Support: 4,111.37, 4,095.00, 4,076.32
Resistance: 4,138.18, 4,146.92
What it said to watch
Close back below the 4111.37 london low puts the 4095 ny shelf and 4076.32 ny low back in play
Break of the lower highs trendline and the 4138.18 london high exposes the 4146.92 day high
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read
ATR near 15.6 points; spike bars during NY ran 30–40 points
False break below range low, V-recovery into lower-high sequence.
After the 189K claims print firmed the USD, the NY session flushed through the 4109 range low and the 4095 ny pivot to a 4076.32 session low. Price then rebounded to a 4119.59 rebound high, about 61.8% of the drop, and is back inside the London range. Highs keep stepping lower from the 4146.92 asia high to the 4135.92 lower high; RSI(14) is neutral near 51 and ATR has expanded to about 1,480 pips.
Support: 4,108.95, 4,095.36, 4,076.32
Resistance: 4,119.59, 4,135.92, 4,146.92
What it said to watch
M15 close back below the 4109 range low reopens the 4095 ny pivot and the 4076 session low
Close above the 4119.59 rebound high puts the 4136 lower high back in play
Break of the 4146.92 asia high would end the lower-high sequence
Fed's Williams Fri 09:30 UTC and NFP Fri 13:30 UTC could materially shift this read
Lower high below the Asia top; V-rebound into 61.8% fib of the NY drop.
The Asia rally topped at the 4146.9 asia high, then London ranged 4109–4138. In the first hour of NY the USD firmed on the 189K claims print and hawkish Fed talk; price spiked to the 4136 ny spike hi and was rejected, then made a false break of the 4109 london low to a 4076.3 session low. The V-rebound has carried price back to the 61.8% fib near 4113, capped so far by the 4115.8 rebound high, with RSI(14) neutral near 48.
Support: 4,109.00, 4,095.00, 4,076.30
Resistance: 4,115.80, 4,136.00, 4,146.90
What it said to watch
A close above the 4115.8 rebound high and 4122 reopens the 4136 ny spike hi
Failure to hold the 4109 london low leaves a lower high at the 61.8% fib and exposes the 4095 ny swing low, then the 4076.3 session low
The lower highs trendline from the 4146.9 asia high caps the range top; a break above it shifts the structure
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC) could materially shift this read
16:17 UTC
Intraday downtrend, bounce under way · RSI 40 · price 4,097.05
Lower highs from 4146.92; London range floor broken in NY.
The NY open bar spiked to 4135.92 and reversed about $40. That broke the 4109–4111 London range floor, and the selling ran to a 4076.32 ny low as the USD firmed on the 189K claims print and hawkish Fed talk. Price has bounced to 4097, above the 4093 pivot but below the 4111 broken low, with RSI(14) near 40.
Support: 4,092.60, 4,076.32, 4,071.46
Resistance: 4,111.37, 4,120.00, 4,138.18
What it said to watch
Close back above the 4111 broken low (50% fib) breaks the lower-high sequence from 4135.92
Rebound into the 4120 fib 61.8 and the 4138 london high is the zone to watch for rejection
Loss of the 4093 pivot puts the 4076.32 ny low back in play; below that sits the 4071 asian base where the overnight rally began
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC) could materially shift this read
NY session broke below the 4111–4138 range, lower-high chain since the 14:30 UTC spike.
NY session broke the 4111–4138 range that held through London. Price rejected a spike to 4135.9 and slid to a 4076.32 session low as the USD clawed back losses on strong claims and hawkish Fed talk. Lower highs at 4135.9, 4121.4 and 4108.8 define the intraday downtrend, and RSI(14) near 34 is soft but not oversold.
Support: 4,076.32, 4,071.46, 4,057.79
Resistance: 4,092.57, 4,111.37, 4,121.35
What it said to watch
A break of the 4076.32 session low extends the lower-low chain toward the 4071 asia base, then the 4057.8 asia low.
A close above the 4092.6 prior low and the lower highs trendline would stall the downtrend. The 4111 range low sits near the 61.8% of the ny drop fib.
A recovery above the 4121.4 lower high voids the intraday downtrend read.
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC) could materially shift this read.
15:46 UTC
Intraday downtrend off the 4146.92 Asia high · RSI 38 · price 4,102.77
Lower highs; London range broken lower at NY open, basing above NY low.
The NY open printed a $40 bar that rejected 4135.92 below the London high and broke the 4108.95 London low, as USD regained ground on firm labor data. Price set a 4092.57 NY low, and the bounce to 4121.35 stalled at the fib 50% of the 4147–4093 drop. Price now sits just above the NY low, which was tested twice near 4092–4095.
Support: 4,092.57, 4,064.30
Resistance: 4,108.95, 4,121.35, 4,138.18
What it said to watch
M15 close back above 4108.95 london low reopens the prior London range
Failure to hold 4092.57 ny low extends the lower-low sequence toward the 4064 asia base
Break of the lower highs line near 4136–4138 london high negates the intraday downtrend read
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read
15:31 UTC
Intraday downtrend off the Asian high · RSI 39 · price 4,103.70
Lower highs since 4146.9, London low broken in NY.
The Asia-session rally from the 4064 asia base to the 4146.9 asian high, driven by post-midterm USD weakness, has been faded along a lower highs line through London and NY. As the USD firmed on the 189K claims print, NY broke the london low near 4110. The 14:30 UTC bar spiked to 4136, then reversed sharply and set an ny low at 4092.6. Price now sits on the 50% fib of the overnight rally, below both EMAs, with ATR expanded after the NY swings.
Support: 4,092.60, 4,064.00
Resistance: 4,110.00, 4,136.00, 4,146.90
What it said to watch
Reclaim of the london low at 4110 would put price back inside the London range
Break below the ny low at 4092.6 (near the 61.8% fib) extends lower lows toward the asia base at 4064
M15 close above the 4136 spike high breaks the lower highs line; asian high at 4146.9 caps beyond
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC) could materially shift this read
Lower highs off 4146.92; London range base broken in NY, retest from below.
Asia carried gold from 4061 to a 4146.92 session high. London then ranged 4111–4138 with lower highs, and the USD rebound after firm claims data set up a NY whipsaw: a spike to 4135.92 reversed to a 4092.57 NY low. Price is now retesting the 4111 London low from below, with RSI(14) near 41 and ATR(14) around 1170 pips.
Support: 4,111.37, 4,100.00, 4,092.57
Resistance: 4,121.35, 4,135.92, 4,146.92
What it said to watch
Hold above the 4111 London low and a close above the 4121.35 15:00 high would put price back inside the London range; the 38.2% fib sits at 4113.
Loss of the 4100 psych level exposes the 4092.57 NY low; a break there extends the lower-low sequence.
Lower-highs trendline from the session high runs near 4136–4138, and the 4135.92 spike high marks the intraday ceiling.
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) are the next scheduled catalysts that could reset this structure.
15:03 UTC
Post-rally range, rolling over · RSI 42 · price 4,110.96
Lower highs from Asian high; NY spike swept swing low and reclaimed.
The Asia-session breakout stalled at the 4146.92 Asian high and London held a 4115–4138 range of lower highs as USD clawed back on firm claims data. A two-way spike at the NY open ran from 4135.92 to a 4092.57 spike low, near the 61.8% of the asia rally fib and through the 4108.95 swing low, before price reclaimed 4110 below the ema20, with RSI(14) at 42.
Support: 4,108.95, 4,092.57
Resistance: 4,120.00, 4,135.92, 4,146.92
What it said to watch
M15 close back below the 4108.95 swing low turns the sweep into a breakdown toward the 4092.57 spike low and 61.8% fib
Recovery above the 4120 ema20 brings the 4135.92 spike high and lower highs line back into focus
4146.92 Asian high remains the cap while the lower highs sequence holds
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read
Lower highs from the Asian peak; London-NY range floor broken.
The 14:30 UTC bar spiked to 4135.92, was rejected, and fell $40 to 4095.70. That broke the 4111–4115 range floor that held through London and the first hour of NY, as USD firmed on the claims and productivity beat. Price sits at the session low near the 61.8% retrace of the Asian rally, RSI(14) is at 27, and the lower-highs sequence from 4146.92 is intact.
Support: 4,092.57, 4,084.16
Resistance: 4,100.00, 4,111.37, 4,135.92
What it said to watch
Holding below the 4100 round number keeps the 4111 range floor as resistance; a reclaim above 4111 would mark the break as false
Failure at the 4092.57 session low exposes the 4084 asian base, where the Asian breakout began
A close above the 4135.92 spike high breaks the lower-highs line
Fed's Williams (Fri 09:30 UTC) and NFP (Fri 13:30 UTC) could materially shift this read
14:31 UTC
Range after Asia rally, lower high in place · RSI 48 · price 4,128.88
4109–4147 range; NY false break of London low recovered.
The Asia rally from 4058 topped at the 4146.9 session high, and price has since ranged 4109–4147, with a lower high at the 4138.2 London high. Early NY broke below London's low to 4111.4, the NY low, as USD firmed on the 189K claims beat. Demand returned near the 38.2% retrace, just above the 4109 Asia low, and price is back at 4129 mid-range.
Support: 4,111.37, 4,108.95
Resistance: 4,138.18, 4,146.92
What it said to watch
M15 close above the 4138.2 london high breaks the lower-highs line and puts the 4146.9 session high back in play
Failure to hold the 4111 ny low and the 4109 asia low below it takes out the 38.2% retrace and the range floor
Fed's Hammack today, Williams Fri 09:30 UTC and NFP Fri 13:30 UTC could materially shift this read
14:17 UTC
Sideways after Asia rally, lower highs forming · RSI 46 · price 4,125.36
Range 4109–4147 below a 2-week high, highs stepping lower, floor intact.
The Asia-session rally from 4058 printed a 2-week high at 4146.92. Since then gold has ranged between 4109 and 4147, with lower highs at 4138 (london high) and 4130 (ny high). The 13:30 UTC claims beat (189K) briefly pushed price to a 4111 ny low, near the 38.2% fib, but the dip was bought back to a flat EMA20 and held above the 4109 asia low.
Support: 4,111.37, 4,108.95
Resistance: 4,129.69, 4,138.18, 4,146.92
What it said to watch
M15 close below the 4109 asia low breaks the range floor and the 38.2% fib
Close above the 4138 london high breaks the lower-highs trendline; the 2-week high at 4147 sits above
Failure to clear the 4130 ny high keeps the lower-highs sequence intact
Fed's Hammack remarks today and NFP Fri 13:30 UTC (f/c 65K) could materially shift this read
14:03 UTC
Sideways after Asia rally, lower highs forming · RSI 47 · price 4,124.57
4109–4147 range since Asia peak; lower highs at 4147, 4138, 4130 with lows held at 4109–4111.
Gold has held a 4109–4147 range since the Asia high at 4146.9, with the London high (4138) and the early-NY high (4130) printing lower highs under a descending trendline. The 13:30 UTC jobless claims beat produced a dip to 4111, a rejection at the prior swing low near the 38.2% retrace of the Asia rally. Price now sits at a flat EMA20 with RSI near 47.
Support: 4,111.00, 4,100.00
Resistance: 4,129.70, 4,138.20, 4,146.90
What it said to watch
A close below the 4109–4111 swing low breaks the range floor and exposes the 4100 round number and the 50% retrace
A close above the 4130 ny high and the descending trendline from the asia high reopens 4138 london high
Asia high at 4146.9 is the upper range cap; it has held since 04:15 UTC
Fed's Hammack remarks today could shift the read; NFP Fri 13:30 UTC is the larger event risk
13:47 UTC
Sideways after Asia rally, lower highs forming · RSI 51 · price 4,123.44
Range 4109–4138 beneath the Asia high, lows holding near 38.2% fib.
Gold has ranged between the 4108.95 swing low and the 4138.18 London high since stalling at the 4146.92 Asia high, with a lower-high line capping rallies as USD and yields bounce. The 13:30 UTC claims bar dipped below the London lows to a 4111.37 claims low near the 38.2% of the Asia rally fib, then reclaimed 4120, leaving price just under EMA20.
Support: 4,111.37, 4,108.95
Resistance: 4,138.18, 4,146.92
What it said to watch
M15 close below the 4108.95 swing low breaks the range floor and the 38.2% Asia rally fib
Close above the 4138.18 London high clears the lower-high line and puts the 4146.92 Asia high back in play
Fed's Hammack at 13:50 UTC could materially shift this read
13:31 UTC
Post-rally range, sliding to range floor · RSI 39 · price 4,115.78
Lower highs from 4146.92 Asia high; testing 4108.95 swing low.
The Asia session rally capped at the 4146.92 asia high. Since then gold has held a 4109–4138 range, with the london high at 4138.18 rejected as the USD and yields bounced. Early NY hours brought a lower high at 4124.87, and price is pressing the 4108.95 swing low near the 38.2% of the asia rally fib (~4113), with RSI(14) at 39 and below both EMAs.
Support: 4,108.95, 4,100.00
Resistance: 4,124.87, 4,138.18, 4,146.92
What it said to watch
M15 close below the 4108.95 swing low confirms a lower-low and exposes the 4100 round number
Close back above the 4124.87 lower high returns price to mid-range and puts the 4138.18 london high back in focus
Lower highs trendline from the 4146.92 asia high caps the range; a break above it shifts the read
US Jobless Claims/ULC (13:30 UTC) and Fed's Hammack (13:50 UTC) land on the current bar and could materially shift this read
Range 4109–4147 after Asia surge; NY pressing London low.
Asia carried the post-midterm rally to a 4146.92 two-week high, then gold ranged 4109–4147 as the USD bounce capped follow-through. After rejection at the 4138.18 London high, price is back at the London low near 4115, between the 23.6% fib (4125.9) and 38.2% fib (4112.9) of the Asia rally, with RSI(14) at 42 and price under both EMAs.
Support: 4,115.40, 4,108.95, 4,100.00
Resistance: 4,125.90, 4,138.18, 4,146.92
What it said to watch
Jobless Claims and Unit Labor Costs at 13:30 UTC, then Hammack at 13:50 UTC, land within the next bar or two and could materially shift this read
M15 close below the 4108.95 pullback low breaks the range floor and exposes the 38.2% fib, then the 4100 round number
Recovery above the 23.6% fib at 4125.9 returns price to mid-range; a close above the 4138.18 London high puts the two-week hi at 4146.92 back in play
The Asian session squeeze from 4058 to 4146.9 has compressed into a pennant. Lower highs at 4146.9 and 4138.2 sit against higher lows at 4109.0 and 4116.7. Price slid back toward the london low into the London-NY transition after rejection at the london high, with RSI(14) neutral near 48 as the USD claws back ahead of US data.
Support: 4,116.70, 4,109.00
Resistance: 4,138.20, 4,146.90
What it said to watch
M15 close below 4116.7 london low breaks the higher-lows line and exposes the asian low at 4109.0
M15 close above 4138.2 london high clears the lower-highs line and reopens the asian high at 4146.9
US Initial Claims / Unit Labor Costs at 13:30 GMT and Fed's Hammack at 13:50 GMT could materially shift this read
Lower highs from 4146.92 Asian high, price at the 4115 London low.
Gold is compressing after the Asian session squeeze from 4058 to the 4146.92 Asian high, the post-midterm rally capped by a firmer USD and hawkish Dec Fed pricing. London stalled at 4138 and the slide into the London-NY transition is testing the London low at 4115, with RSI(14) near 39 and price below both EMAs. The Asian low at 4109 sits close to the 38.2% fib of the overnight rally.
Support: 4,115.44, 4,108.95, 4,100.00
Resistance: 4,138.18, 4,146.92
What it said to watch
13:30 GMT Initial Claims and Unit Labor Costs, then Hammack at 13:50, could materially shift this read
M15 close below the 4115 london low confirms a lower low and exposes the 4109 asian low / 38.2% fib
Loss of 4109 opens the 4100 round number
Close above the 4138 london high breaks the lower-high sequence and puts the 4147 asian high back in play
12:16 UTC
Uptrend, pausing after Asia spike · RSI 53 · price 4,130.19
Contracting range: higher lows vs lower highs below Asia high.
The post-midterm USD and yield slide drove an Asia rally from 4057.79 to a 4146.92 asia high. The 4108.95 spike low held near the 38.2% fib of that move. London has since compressed between the 4115.44 london low and the 4138.18 london high, with higher lows along the rising trendline against a lower highs line, leaving price mid-range at 4130 into NY with RSI(14) neutral near 53.
Support: 4,125.13, 4,115.44, 4,108.95
Resistance: 4,138.18, 4,146.92
What it said to watch
Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50, could materially shift this read
An M15 close above the 4138.18 london high breaks the lower highs line and exposes the 4146.92 asia high
Loss of the rising trendline and the 4125.13 midday low reopens the 4115.44 london low
A break below the 4108.95 spike low gives up the 38.2% fib and opens the 50% retracement near 4102
12:03 UTC
Uptrend, consolidating below Asian high · RSI 55 · price 4,130.58
Higher lows inside London range, capped under 4146.92.
The Asia rally ran from 4061 to the 4146.92 Asian high on the post-midterm USD and yield slide; the pullback held the 4108.95 swing low near the 38.2% retrace. London has printed a higher low at 4115.44 (london low), then 4122.25, beneath a 4138.18 london high. RSI(14) near 55 shows momentum cooled into the London-NY transition.
Support: 4,122.25, 4,115.44, 4,108.95
Resistance: 4,138.18, 4,146.92
What it said to watch
US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50 UTC, could materially shift this read
An M15 close above the 4146.92 Asian high resumes the Asia rally
A break of the 4122.25 higher low breaks the rising trendline; failure to hold the 4115.44 london low exposes the 4108.95 swing low
Rejection again at the 4138.18 london high keeps price range-bound inside the London range
11:46 UTC
Uptrend, consolidating below Asian high · RSI 63 · price 4,136.24
Higher lows since 4108.95, compressing under 4138–4147.
Gold's Asia-session rally on the post-election USD slide topped at the 4146.92 asian high. It then pulled back to the 4108.95 swing low, just past the 38.2% fib of the rally. London has printed a higher-low chain from the 4115.44 london low to 4122.25 and is now pressing the 4138.18 session high, with RSI(14) firm but not stretched.
Support: 4,122.25, 4,115.44, 4,108.95
Resistance: 4,138.18, 4,146.92
What it said to watch
M15 close above the 4138.18 session high puts the 4146.92 asian high back in play
Break of the 4122.25 higher low and the rising higher-low line flattens the structure back into the 4108.95–4147 range
Loss of the 4115.44 london low and the 4108.95 swing low would mean a deeper retracement of the Asia rally fib
US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50 UTC, could shift this read during NY hours
11:31 UTC
Uptrend, consolidating below Asia high · RSI 60 · price 4,134.81
London range 4115–4138 under the Asia session high, higher lows inside.
Gold's roughly $90 Asia session rally, driven by the post-midterm USD and yield slide, topped at the 4146.92 Asia high. The pullback held the 4108.95 swing low near the 38.2% retrace. Late in London, a higher low at 4122.25 has price pressing the 4138.18 London high with RSI(14) near 60.
Support: 4,122.25, 4,115.44, 4,108.95
Resistance: 4,138.18, 4,146.92
What it said to watch
M15 close above the 4138.18 london high puts the 4146.92 asia high back in play
Failure to hold the 4122.25 higher low breaks the rising-lows trendline and reopens the 4115.44 london low
Loss of the 4115.44 london low exposes the 4108.95 swing low and the 38.2% retrace of the Asia rally
BoE at 12:00 GMT, then US jobless claims at 13:30 UTC and Fed's Hammack at 13:50 UTC around NY open, could materially shift this read
11:16 UTC
Uptrend, consolidating below the Asian high · RSI 61 · price 4,133.03
Higher lows through London, compressing under the session high.
Asian session squeeze lifted gold from 4057.79 to a 4146.92 Asian high on the post-midterm USD slide. The pullback held the 4108.95 swing low near 38.2% of the Asian rally. London has printed higher lows at 4115.44 and the 4122 range floor and is now pressing the 4134.25 London high, RSI(14) near 61.
Support: 4,122.25, 4,115.44, 4,108.95
Resistance: 4,134.25, 4,146.92
What it said to watch
M15 close above the 4134.25 London high opens the path to the 4146.92 Asian high
Break of the 4122 range floor and the rising trendline exposes the 4115.44 London low, then the 4108.95 swing low
US Jobless Claims (13:30 UTC) and Fed's Hammack (13:50 UTC) could materially shift this read into the London-NY transition
London range 4115–4134 inside the Asian range, higher lows.
The post-midterm USD slide carried gold from 4058 to a 4146.92 Asia high. The dip to 4108.95 held just above the 38.2% fib. London has since compressed into a 4115–4134 range, with a higher low at 4122.25 and RSI(14) near 58; neither range edge has broken.
Support: 4,122.25, 4,115.44, 4,108.95
Resistance: 4,134.25, 4,146.92
What it said to watch
M15 close above the 4134.25 london high would end the range read and open a retest of the 4146.92 asia high
Loss of the 4115.44 london low breaks the higher lows and exposes the 4108.95 pullback low and the 38.2% fib
US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50, could materially shift this read early in NY
10:47 UTC
Post-breakout consolidation below the Asia high · RSI 58 · price 4,127.72
Asia impulse to 4146.92, pullback to 4108.95, London range 4119.82–4134.25.
Gold ripped from the 4,060s to a 4146.92 Asia high on the post-midterm USD and yield slide. It then pulled back to a 4108.95 pullback low, just under the 38.2% of the Asia rally fib. London has compressed between the 4119.82 London low and the 4134.25 London high, with price hugging EMA20 and RSI(14) neutral near 58.
Support: 4,119.82, 4,108.95
Resistance: 4,134.25, 4,146.92
What it said to watch
M15 close above the 4134.25 london high reopens the 4146.92 asia high
Loss of the 4119.82 london low exposes the 4108.95 pullback low and the 50% Asia rally fib near 4102
US Jobless Claims and Unit Labor Costs at 13:30 UTC, plus Fed's Hammack at 13:50, could break the London range
London range 4115–4134 under a lower high, inside the Asia rally.
The Asia session rally on the post-sweep USD slide peaked at the 4146.92 asia high. The early-Europe drop to the 4108.95 swing low held just under the 38.2% retrace of that rally. London has since ranged between the 4115 range low and the 4134 range high, printing a lower high, with price mid-range, sitting on EMA20 and RSI(14) flat near 48.
Support: 4,115.44, 4,108.95
Resistance: 4,134.25, 4,146.92
What it said to watch
M15 close above the 4134.25 range high breaks the lower-high sequence and reopens the 4146.92 asia high
Failure to hold the 4115 range low exposes the 4108.95 swing low and the 50% retrace near 4104
BoE at 12:00 GMT, then US jobless claims at 13:30 UTC and Fed's Hammack at 13:50 UTC could break the London range at the NY open
10:16 UTC
Uptrend paused, consolidating below Asia high · RSI 47 · price 4,124.60
Higher lows off 4109 swing low, capped by 4134 London high.
Gold extended the post-election USD and yield slide in Asia to the 4146.9 Asia high, then dropped at 05:00 UTC to the 4109.0 swing low, just past the 38.2% of the Asia rally fib. London is holding a 4119.8–4134.3 range with higher lows intact; price is sitting on the rising line, a touch under EMA20, with RSI(14) neutral near 47.
Support: 4,119.80, 4,109.00
Resistance: 4,134.30, 4,146.90
What it said to watch
M15 close below the 4119.8 london low breaks the higher lows line and exposes the 4109.0 swing low
Close above the 4134.3 london high reopens the 4146.9 asia high
US jobless claims and ULC at 13:30 UTC, then Fed's Hammack at 13:50, could materially shift this read ahead of NY open
Higher lows against lower highs after the Asian impulse, London range inside it.
The Asian session carried gold from 4058 to the 4146.92 asia high, extending the post-election USD and yield slide. Since then price has compressed: the 4108.95 swing low held near the 38.2% retrace, and London is rotating between the 4115.44 london low and the 4134.25 london high. RSI(14) sits flat near 50 with price pinned at EMA20 in mid-range.
Support: 4,115.44, 4,108.95
Resistance: 4,134.25, 4,146.92
What it said to watch
M15 close below the 4115.44 london low and the rising support line opens a retest of the 4108.95 swing low
Close above the 4134.25 london high breaks the lower-high sequence and puts the 4146.92 asia high back in view
BoE at 12:00 UTC and US jobless claims at 13:30 UTC, followed by Fed's Hammack at 13:50, could materially shift this read via USD and yields
Lower highs and higher lows compressing below the Asian high.
Asia session carried gold from 4058 to the 4146.92 Asian high on the post-midterm USD selloff. The pullback held the 4108.95 swing low near the 38.2% retracement of the Asia rally. London has since traded a 4115–4134 range inside a tightening band of lower highs and higher lows, with RSI(14) neutral near 46 and price sitting just under EMA20.
Support: 4,115.44, 4,108.95, 4,100.00
Resistance: 4,134.25, 4,146.92
What it said to watch
M15 close above the 4134.25 london high breaks the lower-highs line and reopens the asian high at 4146.92
Loss of the 4115.44 london low breaks the higher-lows line and exposes the 4108.95 swing low, then the 4100 round number
US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50, could resolve the pennant during NY hours
London range 4115–4134 below Asian high, higher low intact.
Gold ran from 4058 to the 4146.92 Asian high as post-midterm USD selling and lower yields fed the move. The pullback held the 4108.95 swing low near the 38.2% retracement. London has since compressed into a 4115–4134 range, with the London low printing a higher low and the London high capping in the current hour.
Support: 4,115.44, 4,108.95, 4,100.00
Resistance: 4,134.25, 4,146.92
What it said to watch
M15 close above the 4134.25 london high reopens the 4146.92 asian high
Failure to hold the 4115.44 london low breaks the higher-low sequence and puts the 4108.95 swing low back in play
Loss of 4108.95 exposes the 4100 round number and the 50% retracement near 4102
US Jobless Claims and Unit Labor Costs at 13:30 UTC, followed by Hammack at 13:50 UTC, could materially shift this read
09:03 UTC
Uptrend, consolidating below Asia high · RSI 52 · price 4,126.77
Asia breakout leg, now a 4115–4131 range in early London.
Gold broke out of Wednesday's late-NY 4055–4070 range in Asia on post-midterm USD selling and printed an Asia high at 4146.92. The pullback held at 4108.95, near the 38.2% fib, and early London is ranging between the 4115 swing low and the 4131 range top, with RSI(14) neutral near 52.
Support: 4,115.44, 4,108.95, 4,100.00
Resistance: 4,130.99, 4,146.92
What it said to watch
M15 close above the 4131 range top reopens a test of the 4146.92 Asia high
Failure to hold the 4115 swing low and the 4109 pullback low exposes the 4100 round number and the 50% fib near 4102
US jobless claims and Unit Labor Costs at 13:30 UTC, then Hammack at 13:50, could materially shift this read ahead of Friday's NFP
08:47 UTC
Uptrend, pausing after Asia impulse · RSI 50 · price 4,125.94
Contracting range, lower highs vs higher lows.
Asia session extended the post-midterm USD-selling squeeze from 4057.79 to the 4146.92 asia high. A pullback low formed at 4108.95, just above the 38.2% fib. Early London is coiling around EMA20 between a lower high at 4131.36 and a higher low at 4115.44, with RSI(14) neutral near 50.
Support: 4,115.44, 4,108.95, 4,100.00
Resistance: 4,131.36, 4,146.92
What it said to watch
M15 close above the 4131.36 lower high breaks the contraction and puts the 4146.92 asia high back in play
Loss of the 4115.44 higher low and the 4108.95 pullback low opens the 4100 psych handle and the 50% fib near 4102
US jobless claims and Unit Labor Costs at 13:30 UTC (15:30 broker), followed by Fed's Hammack, could materially shift this read ahead of Friday NFP
Asia-session impulse, lower high, early-London range 4115–4131.
The Asia-session leg off 4057.79 on post-midterm USD selling topped at the 4146.92 asia high, then pulled back to a 4108.95 swing low near the 38.2% fib. Early London is compressed between the 4115 london low and the 4131 london high. RSI(14) sits near 44 and price is under EMA20 but holding above EMA50.
Support: 4,115.44, 4,108.95, 4,100.00
Resistance: 4,131.00, 4,146.92
What it said to watch
M15 close above the 4131 london high reopens the 4146.92 asia high
Loss of the 4115 london low and the 4108.95 swing low / 38.2% fib exposes the 4100 round number
US jobless claims, unit labor costs and Hammack from 13:30 UTC could materially shift this read
08:17 UTC
Uptrend, pausing below the Asia high · RSI 56 · price 4,125.93
Contracting range 4109–4131 after the Asia rally; higher low at 4115, highs capped near 4131.
Asia extended the post-midterm USD selloff from 4058 to a 4146.92 asia high. Since then gold has compressed between the 4108.95 pullback low and a 4131 range top, near the 38.2% of the Asia rally fib. A 4115 swing low into the London open forms a higher low, with RSI(14) near 56 and price hugging a flat EMA20.
Support: 4,115.44, 4,108.95, 4,100.00
Resistance: 4,131.00, 4,146.92
What it said to watch
M15 close above the 4131 range top breaks the compression and puts the 4146.92 asia high back in play
Failure to hold the 4115 swing low and the higher low line returns focus to the 4108.95 pullback low
A break under 4108.95 opens the 4100 psych level and the 50% fib near 4102
US jobless claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50, could materially shift this read
08:03 UTC
Uptrend, pulling back from Asia high · RSI 44 · price 4,122.99
Asia breakout to 4147, lower highs since; London inside a 4109–4131 range.
Asia broke yesterday's 4070 NY high and ran to the 4147 asia high on post-midterm USD selling. The 4108.95 swing low sits near the 38.2% fib of the 4055–4147 leg, and London has held a 4115 london low under a 4131 lower high, with price just below EMA20.
Support: 4,115.44, 4,108.95, 4,100.00
Resistance: 4,131.36, 4,146.92
What it said to watch
M15 close below the 4109 swing low breaks the higher-low sequence and exposes the 4100 psych / 50% fib
M15 close above the 4131 lower high reopens a retest of the 4147 asia high
US jobless claims and unit labour costs at 13:30 UTC, then Fed's Hammack at 13:50, could materially shift this read
Lower highs off the Asia high, holding above the 38.2% retracement.
Asia ran through the prior-day 4070 high and the 4100 round number on post-midterm USD selling, topping at the 4146.92 Asia high. Since then price has printed a lower high at 4131.36 and pulled back. Into the London open it sits below EMA20 with RSI(14) near 41, holding above the 4108.95 swing low at the 38.2% fib.
Support: 4,115.44, 4,108.95, 4,100.00
Resistance: 4,131.36, 4,146.92
What it said to watch
M15 close below the 4115.44 recent low puts the 4108.95 swing low back in play
Failure to hold the 4108.95 swing low exposes the 4100 round number and the 50% fib near 4102
Close above the 4131.36 lower high breaks the lower-highs trendline and reopens the 4146.92 Asia high
US jobless claims and Unit Labor Costs at 13:30 UTC, plus Hammack at 13:50, could materially shift this read
Asia high at 4146.92 rejected; early London printing a lower high at 4131 above the 4109 swing low.
Gold ran from 4058 to an Asia high of 4146.92 on post-midterm USD selling and softer yields, then turned lower into the London open. Price is holding the 4108.95 swing low near the 38.2% retrace of that leg, but has printed a lower high at 4131.36, with RSI(14) near 41 and price below EMA20.
Support: 4,108.95, 4,100.00
Resistance: 4,131.36, 4,146.92
What it said to watch
M15 close below the 4108.95 swing low confirms a lower low and exposes the 4100 round number near the 50% retrace
Close above the 4131.36 lower high breaks the lower-highs sequence and reopens the asia high at 4146.92
US jobless claims and Unit Labor Costs at 13:30 UTC, with Fed's Hammack at 13:50, could materially shift this read
07:17 UTC
Uptrend, pulling back after Asia spike · RSI 44 · price 4,125.07
Asia impulse leg, then lower highs and a 4109–4131 base.
Asia ran gold from 4057.79 to the asian high at 4146.92 on continued post-midterm USD selling. The pullback found a swing low at 4108.95, just under the 38.2% retrace of the Asia rally near 4113. Into London open price is basing between 4109 and 4131 below EMA20, with RSI(14) near 44 and the 4131 lower high capping rebounds.
Support: 4,108.95, 4,100.00
Resistance: 4,131.36, 4,146.92
What it said to watch
M15 close above the 4131 lower high reopens the asian high at 4146.92
Failure to hold the 4108.95 swing low exposes the 4100 round number and the 50% retrace near 4102
US jobless claims and Unit Labor Costs at 13:30 UTC, then Hammack at 13:50 UTC, could materially shift this read
07:03 UTC
Uptrend, pausing after Asia spike · RSI 62 · price 4,128.86
Impulse to 4146.92, ~42% pullback, higher low forming.
Asia extended Wednesday's post-midterm USD selloff, lifting gold from 4057.79 to a 4146.92 session high. Two rejections in the 4140s preceded a pullback to a 4108.95 swing low near the 38.2% retracement. Demand stepped in there, and price has since printed a 4121.42 higher low and sits under the 4131.36 rebound high into early European hours, with EMA20 near 4124 underneath.
Support: 4,121.42, 4,108.95, 4,100.00
Resistance: 4,131.36, 4,146.92
What it said to watch
M15 close above the 4131.36 rebound high puts the 4146.92 session high back in play
Loss of the 4121.42 higher low reopens the 4108.95 swing low
Break below the swing low exposes the 50% retracement near 4102 and the 4100 round number
13:30 UTC US jobless claims and unit labor costs, then Fed's Hammack at 13:50 UTC, could materially shift this read
A rebound in US 10y yields from ~4.90% would test the Asia rally
06:47 UTC
Uptrend, pulling back from session high · RSI 61 · price 4,125.65
Asia breakout leg topped at 4146.92; double top resolved lower, bounce capped at a lower high.
Asia session broke above Wednesday's NY range of 4055–4071 on post-midterm USD selling. The Asia rally ran $89 to a 4146.92 high before a double top at 4145–4147 gave way to a dip to the 4108.95 swing low, between the 38.2% and 50% fib. The bounce stalled at a 4131.36 lower high under the old 4132.80 neckline, with price sitting on EMA20 near 4123 and RSI(14) cooled to ~60 about an hour before London open.
Support: 4,123.30, 4,108.95, 4,100.00
Resistance: 4,131.36, 4,146.92
What it said to watch
M15 close above the 4131.36 lower high breaks the lower-highs line and reopens the 4146.92 Asian high
Loss of the 4108.95 swing low extends the pullback toward the 4100 round number and the 50% fib of the Asia rally
Jobless claims and Unit Labor Costs at 13:30 UTC, then Hammack at 13:50 UTC, could materially shift this read ahead of Friday's NFP
06:33 UTC
Uptrend, pulling back from Asian high · RSI 57 · price 4,127.53
Asian breakout above prior NY range; lower highs since 4146.92, swing low 4108.95 holding.
Asia session broke out of Wednesday's 4055–4070 late-NY range on post-midterm USD selling and ran to a 4146.92 Asian high. Price then pulled back to a 4108.95 swing low, near the 38.2% retrace of the Asian leg, and has rebuilt to 4127 just above EMA20 ahead of London open. RSI(14) has cooled to 57, and a lower high at 4131.36 caps the bounce.
Support: 4,108.95, 4,100.00
Resistance: 4,131.36, 4,146.92
What it said to watch
M15 close above the 4131.36 lower high reopens the 4146.92 Asian high
Failure to hold the 4108.95 swing low breaks the higher-low sequence and exposes the 4100 round number and the Asian leg 50% retrace near 4102
US jobless claims and unit labor costs at 13:30 UTC, then Hammack at 13:50 UTC, could materially shift this read
06:16 UTC
Uptrend, pausing after Asia impulse · RSI 51 · price 4,128.62
Higher highs intact; first pullback held above 4100, bouncing toward breakdown point.
Asia broke out of yesterday's 4055–4070 range and ran about $85 to an Asian high at 4146.92, extending the post-midterm USD selloff and lower-yield move. The early-London pullback found buyers at the 4108.95 swing low, between the 38.2% and 50% fib of the impulse. Price has since reclaimed the ema20 near 4123 and is testing below the 4134 breakdown point, with RSI(14) reset to about 51.
Support: 4,108.95, 4,100.00
Resistance: 4,134.00, 4,146.92
What it said to watch
A close back above the 4134 breakdown point reopens the 4146.92 asian high
Failure to hold the 4108.95 swing low exposes the 4100 round number and the 50% fib near 4104
Initial Jobless Claims and Unit Labor Costs at 13:30 UTC could materially shift this read
Friday's NFP is the dominant risk for gold this week
06:04 UTC
Uptrend, correcting from Asia high · RSI 49 · price 4,116.84
First lower low after Asia impulse; pullback at 38.2% fib.
Asia extended Wednesday's post-midterm USD-selling rally to an Asia high at 4146.92. Price then dropped through the 4122.5 broken shelf to a 4108.95 swing low, sitting on the 38.2% fib with RSI(14) back near 49 and below EMA20 into the London open.
Support: 4,108.95, 4,100.00, 4,091.80
Resistance: 4,122.50, 4,146.92
What it said to watch
M15 close back above the 4122.5 broken shelf would put the drop down as a shallow correction
Failure to hold the 4108.95 swing low exposes the 4100 round number and the fib 61.8 at 4091.8
Rejection again near the 4146.92 Asia high would confirm a lower-high sequence
US jobless claims and Unit Labor Costs at 13:30 UTC, then Hammack at 13:50, could materially shift this read ahead of Friday's NFP
05:46 UTC
Intraday uptrend, pulling back · RSI 51 · price 4,118.54
Asian rally topped at 4146.92, range floor at 4133 broken, pullback holding above 4100.
The Asia session extended the post-midterm USD-selling squeeze from 4058 to a 4146.92 session high. Late in the session price broke the 4133 range floor, and the pullback low at 4108.95 dipped just past the 38.2% level of the Asian rally fib. Ahead of London open, RSI(14) has cooled to about 51, with price below EMA20 but above EMA50.
Support: 4,108.95, 4,100.00, 4,084.16
Resistance: 4,133.00, 4,146.92
What it said to watch
A reclaim of the 4133 range floor puts the 4146.92 session high back in view
Failure to hold the 4108.95 pullback low exposes the 4100 psych level and the 50% fib near 4102
A break below 4100 opens the 4084 swing low, the base of the Asian rally breakout
US jobless claims and Unit Labor Costs at 13:30 UTC, then Hammack at 13:50 UTC, could materially shift this read
05:32 UTC
Intraday uptrend, pulling back late Asia · RSI 54 · price 4,120.45
Asia consolidation 4122–4147 broken lower, rising lows lost.
Asia session extended the USD-selloff rally from 4061 to a 4146.92 session high on post-midterm dollar weakness. Late Asia, the 4122–4147 consolidation broke lower and the rising lows gave way, with price slipping below EMA20 toward the 38.2% fib at 4114.2 of the Asia leg. RSI(14) has cooled to ~54, and the 4100 handle is the next swing low, with the 4084 swing low below it.
Support: 4,114.20, 4,100.20, 4,084.16
Resistance: 4,132.80, 4,146.92
What it said to watch
Failure to hold the 4100 handle opens the 50–61.8% fib zone and the 4084 swing low
Reclaim of 4133 prior lows puts the 4146.92 session high back in play
London open is the first test of whether the late-Asia range break extends
US jobless claims and ULC at 13:30 UTC, with Hammack at 13:50, could materially shift this read ahead of Friday NFP
Asia breakout leg, now compressing below session high.
The Asia session extended the post-midterm USD selloff and broke Wednesday's 4,060–4,070 range top. The leg ran to a session high at 4,146.92, its sharpest gains coming in the first two hours. Since 03:45 UTC price has compressed into a 4,132.8–4,147 band, sitting on the range base late in Asia, with the micro higher-low chain stalling and RSI(14) cooled to ~60.
What it said to watch
M15 close below the 4,132.8 range base exposes the 4,122.55 swing low, then the 50% fib near 4,104 and the 4,100 psych handle
Close above the 4,146.92 session high resumes the higher-high chain toward the 4,150 round number
London open in ~3h is the first test of whether the Asian range holds
US jobless claims and Unit Labor Costs at 13:30 UTC, followed by Fed's Hammack at 13:50 UTC, could shift this read through yields ahead of Friday's NFP
05:03 UTC
Uptrend, pausing below Asia high · RSI 64 · price 4,138.26
Asia breakout above 4070, now compressing 4122–4147.
Asia session broke out of the 4055–4070 late-NY range on the post-midterm USD flush and ran about $89 to an asia high of 4146.92. The last three hours have compressed between the 4122.55 swing low and the high, with dips held repeatedly at the 4132.6 range floor and RSI(14) cooling to the mid-60s.
Support: 4,132.60, 4,122.55, 4,100.22
Resistance: 4,146.92, 4,150.00
What it said to watch
M15 close below the 4132.6 range floor exposes the 4122.55 swing low and the 23.6% retracement of the Asia leg fib
Loss of 4122.55 shifts focus to the round 4100 breakout pivot, near the 38.2%–50% Asia leg fib zone
Close above the 4146.92 asia high opens the round number at 4150
London open in about 3h may test either edge of the compression
US Jobless Claims and Fed's Hammack (13:30–13:50 UTC) could materially shift this read
04:46 UTC
Uptrend, compressing under session high · RSI 71 · price 4,144.47
Post-breakout consolidation with rising lows below 4146.92.
Gold extended its post-midterm, USD-driven rally through the Asia session, running from 4058 through the $4,100 round number to a 4146.92 session high. Since then it has compressed in a 4122.6–4147 box, with rising lows and the 4132.6 shelf holding beneath that high. RSI(14) is near 71: firm, not extreme.
Support: 4,132.60, 4,122.60, 4,100.00
Resistance: 4,146.92, 4,150.00
What it said to watch
M15 close above the 4146.92 session high puts the 4150 psych level in play into London open
Break of the rising-lows trendline and the 4132.6 shelf opens the 4122.6 range low
Loss of 4122.6 exposes the 4100 round number, near the 50% fib of the Asia rally
US Jobless Claims at 13:30 UTC and Fed's Hammack at 13:50 UTC could materially shift this read
Asia breakout leg 4058→4147, now compressing in a 4122–4147 range.
The Asia session extended the late-NY break of the 4071 prior high. Gold ran from 4058 to a 4146.92 session high as the post-midterm USD sell-off carried over. Since 01:30 UTC price has compressed above a 4122.5 range floor and is now slipping below the rising lows line, with RSI(14) cooling to about 61.
Support: 4,122.50, 4,100.00, 4,071.00
Resistance: 4,146.92, 4,150.00
What it said to watch
An M15 close below the 4122.5 range floor exposes the 38.2% fib near 4113 and the 4100 round number
A clean break of the 4146.92 session high and the 4150 psych level resumes the higher-high chain
A return below the 4071 prior high would turn the Asia breakout into a false break
Thu 13:30 UTC jobless claims and Fed Hammack at 13:50 could materially shift this read ahead of Friday's NFP
Tight coil with rising lows below the Asian session high.
The Asian rally ran from 4058 to a 4146.92 session high, about 89 points, extending the squeeze after the Democratic sweep hit the USD. RSI(14) sits near 74 and price is coiling under the high, with rising lows building from the 4122.6 swing low and 4132.6 as the nearest support.
Support: 4,132.60, 4,122.60, 4,113.90
Resistance: 4,146.92, 4,150.00
What it said to watch
An M15 close above the 4146.92 session high and the 4150 round number extends the Asian rally
A break of the rising lows at 4132.6, then the 4122.6 swing low, opens a deeper pullback toward the fib 38.2 near 4113.9
London open is about 3h away; Thu 13:30 UTC jobless claims and Fed's Hammack at 13:50 could reprice the USD and shift this read
Asia breakout above late-NY range, now compressing below session high with higher lows.
The post-election squeeze on a weaker USD carried into the Asia session. Gold cleared the late-NY 4055–4070 range and ran to a session high at 4146.92. The last two hours have compressed between 4122 and 4147, with a higher low at 4132.6 and RSI(14) holding near 72.
Support: 4,132.60, 4,122.60, 4,100.20
Resistance: 4,146.92, 4,150.00
What it said to watch
M15 close above the 4146.92 session high and the 4150 round number extends the higher-high chain
Close below the 4122.6 swing low breaks the higher-low sequence and opens the 50% fib near 4100
London open in about 3h could expand the Asian range from 4122–4147
Thu 13:30 UTC Initial Claims, Unit Labor Costs and Fed Hammack at 13:50 could materially shift this read
Asia session extended the post-election squeeze on a softer USD. Price broke the 4057–4071 overnight range and ran ~$80 to a 4140.77 session high. Since 02:00 UTC it has compressed in a 4122–4141 band, with the range floor held twice and RSI(14) near 72 cooling as bar ranges narrow.
Support: 4,100.22, 4,070.46
Resistance: 4,140.77, 4,150.00
What it said to watch
M15 close above the 4140.77 session high reopens extension toward the 4150 round number
Loss of the 4122.5 range floor exposes the 4100 swing low and the 38.2% fib near 4109
Break below rising support from the 4100 swing low turns the range into a deeper pullback
Return below the 4070 prior high unwinds the Asia breakout
London open in ~3h may break the current range
Thu 13:30 UTC Jobless Claims / Unit Labor Costs and Fed's Hammack at 13:50 could materially shift this read
03:32 UTC
Uptrend, pausing after Asia impulse · RSI 69 · price 4,133.06
Asia breakout above prior high, now a 4122–4140 consolidation.
Asia extended the post-election squeeze from 4057.79 to a 4140.43 session high, clearing the prior high at 4070.46. The 4100.22 pullback low held at the 50% fib of the Asia leg. Price has since compressed between the 4122.55 range low and the session high for about two hours, with RSI(14) cooling from the high 70s to about 69.
Support: 4,122.55, 4,100.22, 4,070.46
Resistance: 4,140.43, 4,150.00
What it said to watch
An M15 close above the 4140.43 session high extends the Asia breakout toward the 4150 round number
Loss of the 4122.55 range low opens a deeper retrace toward the 4100.22 pullback low and 50% fib
A return below the 4070.46 prior high would undercut the breakout read
Thu 13:30 UTC Jobless Claims and Fed's Hammack at 13:50 UTC could reset the range ahead of Friday's NFP
Asia breakout from 4058–4071 range, HH/HL chain into session high.
The Asia session extended the post-election USD-weakness squeeze. Gold cleared the 4071 prior high that capped late NY, then ran roughly $80 to a 4140.43 session high, with RSI(14) near 78. Pullbacks found demand near 4100, the fib 50% area, and at the 4122.5 pullback low, so the HH/HL chain is intact.
Support: 4,122.50, 4,100.00, 4,071.00
Resistance: 4,140.43, 4,150.00
What it said to watch
Failure to hold the 4122.5 pullback low breaks the micro HL chain and opens a retracement toward the 4100 fib 50% area
Rejection at the 4140.43 session high with RSI rolling over from the high 70s would mark short-term exhaustion
A clean push through the 4140.43 session high puts the 4150 round number in play
A loss of 4100 exposes the 4071 prior high, the top of the breakout base
Initial Jobless Claims and Unit Labor Costs at 13:30 UTC, plus Fed's Hammack at 13:50, could reprice USD during NY hours
03:03 UTC
Uptrend, pausing near session high · RSI 74 · price 4,129.85
Asia breakout from overnight range, now a tight flag 4122–4139.
Asia session extended the post-election squeeze as USD stayed offered after the Democratic sweep. Price broke the 4,055–4,071 overnight range and ran roughly $80 to a 4,139 session high. It is now compressing in a tight flag between the 4,122 flag low and the session high, with RSI(14) cooling from the high-70s; the 4,100 pullback low lines up with the 50% retracement of the Asia leg.
What it said to watch
M15 close below the 4,122 flag low opens a deeper retracement toward the 4,100 pullback low / Asia leg 50% fib
Clearance of the 4,139 session high and the 4,150 round number extends the Asia leg
Loss of the 4,071 range top would unwind the overnight breakout
Thu 13:30 UTC jobless claims and unit labor costs, then Fed's Hammack at 13:50, could materially shift this read ahead of Fri NFP
Asia breakout from prior range, HH/HL chain intact.
Asia session cleared the prior NY range top at 4071 in its first hour and ran about $68 to a 4139 session high, extending the weak-USD squeeze after the Democratic midterm sweep. Dips held at the 4100 pullback low and the 4122 swing low. RSI(14) near 80 marks the leg as stretched.
Support: 4,100.20, 4,071.00
Resistance: 4,139.00, 4,150.00
What it said to watch
A break below the 4122 swing low would end the Asia HH/HL chain
A return below the 4100 pullback low puts the 50% fib near 4098 in play, with the 4071 range top below
London open is the first test of the 4139 session high, with the 4150 round number above
Thu 13:30 UTC jobless claims and unit labor costs, then Fed's Hammack at 13:50, could shift this read
Asia breakout above prior-day range, HH/HL chain, tight hold 4122–4138.
Gold extended the post-midterm squeeze in early Asia on a softer USD. It broke out of the 4055–4071 prior-day range and ran to a 4138 session high, with the only dip held at the 4100 pullback low near the 50% fib. RSI(14) is hot near 77, and the last four bars are holding a tight 4122–4138 band with the micro low at 4122.
Support: 4,100.22, 4,071.46
Resistance: 4,138.16, 4,150.00
What it said to watch
M15 close above the 4138 session high opens the 4150 round number
Loss of the 4122 micro low exposes the 4100 pullback low and 50% fib retrace zone
Return below the 4071 prior high would turn the Asia breakout into a false break
Thu 13:30 UTC jobless claims and Fed's Hammack ahead of Friday's NFP could shift the read
Higher-high/higher-low chain after Asian range breakout.
Asia session broke the 4058–4071 early range and yesterday's prior high at 4070, running to a session high of 4138 as post-midterm USD selling extended. Each pullback has printed a higher low, first at 4084, then 4100 and most recently the 4122 swing low, and that chain is intact. RSI(14) near 78 is hot but short of the 80 extreme.
Support: 4,122.55, 4,100.22, 4,070.46
Resistance: 4,138.16, 4,150.00
What it said to watch
M15 close below the 4122.55 swing low breaks the higher-low chain
Close below the 4100 higher low exposes the 38.2–50% fib zone toward 4098–4107
Rejection at the 4138 session high vs extension toward the 4150 round number into London open
Thu 13:30 UTC Jobless Claims and Unit Labor Costs, then Fed's Hammack, could materially shift this read
Retest of the 4070 prior high would mark a full unwind of the Asian breakout
Asia breakout from late-NY range, HH/HL chain intact.
Asia session broke the 4055–4071 late-NY range, with the range top at 4071.5 giving way, and ran to a 4135.11 session high as the post-midterm USD sell-off extended. Pullbacks held the 4100 swing low twice on the way up. With RSI(14) near 81, the current bar is stalling around 4123.
Support: 4,100.20, 4,087.30, 4,071.50
Resistance: 4,135.11, 4,150.00
What it said to watch
Failure to hold the 4100 swing low opens a deeper retracement toward the fib 61.8 at 4087 and the 4071.5 range top
M15 close above the 4135.11 session high extends the HH chain toward the 4150 round number
London open liquidity could test whether the Asia breakout holds or retraces into the former range
Thu 13:30 UTC Jobless Claims and Unit Labor Costs, plus Fed's Hammack at 13:50, could materially shift this read
The Asia session cleared its 4058–4071 opening range and the prior high at 4070.46, extending the post-election squeeze on a weaker USD to a 4125.82 session high. RSI(14) near 81 is stretched. Two dips held just above the 4100 round number, which lines up with the 38.2% retracement of the Asia leg, and the rally trendline remains intact.
Support: 4,100.00, 4,084.16, 4,070.46
Resistance: 4,125.82, 4,150.00
What it said to watch
Failure to hold the 4100 round number exposes the 4084 breakout low, the 61.8% of the Asia leg
A close above the 4125.82 session high extends the leg toward the 4150 psych level
A break of the rally trendline would signal the impulse is fading toward the London open
Thu 13:30 UTC jobless claims and unit labor costs, then Fed's Hammack, could shift this read
01:32 UTC
Uptrend, stalling after an Asia session spike · RSI 72 · price 4,103.50
Asian range breakout, HH chain capped by a rejection at the 4119 session high.
Early in the Asia session, gold broke out of the 4057–4071 Asian range and cleared the 4100 round number as the post-election USD selloff extended. It printed a 4119.39 session high, then rejected back to about 4103. Price is holding above the 4096.7 prior high, RSI(14) is cooling from the low 70s and ATR(14) is elevated near $9.
Support: 4,096.72, 4,084.16, 4,071.46
Resistance: 4,119.39
What it said to watch
Failure to hold the 4096.7 prior high and the 4100 round number exposes the 4084.2 breakout low, which sits near the 61.8% fib of the Asian leg (~4081)
An M15 close above the 4119.39 session high would extend the HH chain
A return below the 4071.5 range top would mark the Asian breakout as a false break
London open liquidity could test the rejection wick
Thu 13:30 UTC jobless claims and ULC, followed by Fed's Hammack, could materially shift this read
01:16 UTC
Uptrend, extended · RSI 77 · price 4,107.40
Asia breakout above prior-day high, higher lows.
The post-election squeeze from 3,919 extended in the Asia session. Price cleared the 4,055–4,070 range and the 4,070.5 prior high, then printed an Asia high at 4,116.3, with RSI(14) near 77. The current bar is pulling back from that high, and 4,096.7 is the prior pivot directly below.
What it said to watch
Hold above the 4,096.7 prior pivot (near the 38.2% fib) keeps the higher-low chain intact
Loss of the 4,084.2 breakout low puts the 4,070.5 prior high back in play as the retest level
M15 close above the 4,116.3 Asia high extends the breakout; failure there marks a rejection
Break of the Asia rising support line signals momentum fading after the breakout
Thu 13:30 UTC jobless claims and labor costs, then Friday NFP, could materially shift this read
01:03 UTC
Uptrend, fresh Asia breakout · RSI 74 · price 4,089.28
HH/HL chain; Asia broke above prior NY high, shallow pullback from 4096.7.
Early Asia session lifted gold through the 4070.5 prior high from Wednesday's NY session and the ~4074 20-day SMA flagged in the news, tagging a 4096.7 session high before a shallow pullback. RSI(14) is near 74 and the post-midterm USD selloff remains the driver.
Support: 4,080.30, 4,070.50, 4,055.30
Resistance: 4,096.70, 4,100.00
What it said to watch
Pullback holding the 4080.3 breakout bar close keeps the Asia leg impulsive
M15 close back below the 4070.5 prior high, which sits at the 61.8% of the fib 4055–4097 leg, would flag a false break
M15 close above the 4096.7 session high and 4100 round number extends the breakout
Loss of the 4055.3 swing low unwinds the post-election extension
Thu 13:30 UTC jobless claims and unit labor costs, then Fed's Hammack, could materially shift this read ahead of Friday's NFP
Early Asia cleared the 4070–4071 prior high that capped NY hours and the 4074 area flagged as first resistance in the news, running to a 4094.65 session high as the post-election weak-USD squeeze extends. RSI(14) near 81 is stretched. The 38.2–61.8% fib of the leg up from the 4057.8 asian low sits at 4080.6–4071.9, overlapping the prior high.
Support: 4,071.50, 4,057.80, 4,051.70
Resistance: 4,094.65, 4,100.00
What it said to watch
Hold of 4071–4072 (prior high / 61.8% fib) keeps the breakout intact; a return below it reads as a false break
M15 close below the 4057.8 asian low unwinds the Asian leg and puts the 4051.7 range top of the London-NY consolidation back in view
Session high at 4094.65 and the 4100 round number are the next areas to watch for rejection or break
Thu 13:30 UTC Jobless Claims / Unit Labor Costs and Fed Hammack, ahead of Friday NFP, could materially shift this read
00:31 UTC
Uptrend, accelerating in early Asia · RSI 82 · price 4,094.37
Break above prior high after late-NY consolidation.
Early Asia session broke the 4,070–4,071 prior high after a tight 4,055–4,071 consolidation through late NY. Two wide bars pushed price to a 4,094.65 session high, with RSI(14) near 82. The move extends the post-midterm USD sell-off that drove yesterday's 3,957–4,028 leg. The 38.2% retracement of the NY low fib sits near 4,070, alongside the prior high.
What it said to watch
A slip back below the 4,071 prior high would turn the Asia break into a false break
Holding above the 4,080 breakout bar keeps the extension intact; RSI above 80 in thin Asia liquidity leaves the move stretched
4,100 round number is the next area to watch for rejection or break above the session high
Loss of the 4,055 swing low would undo the late-NY consolidation base
Thu 13:30 UTC Initial Claims and Unit Labor Costs, then Fed's Hammack, could materially shift this read
00:16 UTC
Uptrend, pausing in a tight range · RSI 57 · price 4,064.54
Post-breakout range 4055–4071 above prior 4030–4051 box.
Gold extended the Democratic-sweep squeeze from the 3919.95 low through 4,000. It held a 4030–4051 box through London and NY, then broke the range top in late NY to 4070. Since then it has compressed between the 4055.33 swing low and 4071; the early Asia session poked to an asian high of 4071.46 and slipped back, with RSI neutral near 57.
Support: 4,057.79, 4,055.33, 4,051.70
Resistance: 4,071.46, 4,100.00
What it said to watch
M15 close above the 4071.46 asian high reopens the leg higher, with the 4100 psych level next
Loss of the 4057.79 asian low and the 4055.33 swing low turns the range into a pullback toward the 4051.7 range top
A break back inside the old box below 4051.7 marks the late-NY breakout as failing; rising lows support sits underneath
Thu 13:30 UTC Initial Claims and Unit Labor Costs, plus Fed's Hammack, could materially shift this read ahead of Friday's NFP
Post-breakout range 4055–4071 sitting above the prior 4029–4052 range.
The Democratic-sweep rally off 3919.95 stalled into a 4029–4052 range through London. NY hours broke the range top and lifted price to 4070, and it has since held a tight 4055–4071 band. The early Asia push to the 4071.46 session high was rejected just above the prior 4070.46 high. RSI(14) at 57 shows no extreme.
Support: 4,057.79, 4,055.33, 4,051.71
Resistance: 4,071.46, 4,100.00
What it said to watch
M15 close above the 4071.46 session high clears the double test and opens the path to the 4100 round number
Asian low at 4057.79 marks the floor of the current session range
Failure to hold the 4055.33 swing low (38.2% of the breakout leg) puts a retest of the 4051.7 range top in play
Thu 13:30 UTC jobless claims and unit labor costs, then Fed's Hammack at 13:50, could materially shift this read