Established H4 downtrend with relentless lower highs and lower lows since the early-window stall near 4720; price sliced through the 200-DMA at ~4170 and the $4100 line after a blowout NFP and sticky CPI repriced Fed cut hopes to a hike. ATR(14) is expanding as the move extends, and price trades well below both EMA20 and EMA50. RSI is deeply oversold near 22, but momentum remains firmly to the downside.
Support: 4,036.22, 4,000.00
Resistance: 4,100.00, 4,170.00
What it said to watch
PPI Thu 12:30 GMT could extend the slide or trigger a relief bounce
4100 prior support now caps as resistance — area to watch for rejection or reclaim
Sustained trade below 4170 keeps the bearish structure intact
Loss of 4036 swing low opens path toward the 4000 psych level
Gold is in a clean multi-week downtrend, sliding from ~4595 to multi-month lows after a blowout NFP and sticky 4.2% CPI killed rate-cut hopes and forced a break below the 200-DMA near 4170. The decisive break of 4100 — the prior line in the sand — has triggered fresh momentum selling, with price now probing 4036 and the round 4000 handle. ATR(14) is expanding sharply, confirming an impulsive leg lower rather than a controlled drift.
Support: 4,036.22, 4,000.00
Resistance: 4,100.00, 4,170.00, 4,250.00
What it said to watch
PPI Thu 12:30 GMT (core YoY f/c 5.4%) could materially extend or relieve this read
H4 close back above 4100 would neutralise the breakdown
Failure to reclaim 4170 keeps technical momentum bearish
Deeply oversold RSI raises odds of a corrective bounce into the 4170-4250 lid
Gold remains in an established H4 downtrend, printing fresh lows at 4071 after the $4,100 support gave way; the slide accelerated once Friday's 172K NFP beat killed rate-cut hopes and price broke below the 200-DMA. Sequence of lower highs and lower lows is intact with EMA20 and EMA50 stacked overhead, and RSI is now oversold as the move extends. The 4180 broken-support shelf and 4263 swing are the nearest caps on any rebound.
Support: 4,000.00
Resistance: 4,180.00, 4,263.00
What it said to watch
Acceptance below 4000 psych level opens further downside
Reclaim of 4180 broken support needed to ease downside pressure
PPI Thu 12:30 UTC — a hot print could reinforce the selloff
Gold is in a clean H4 downtrend, printing successive lower highs and lower lows since the early-window 4718 peak and accelerating after the hawkish NFP/CPI repricing killed rate-cut hopes. The break of 4100 marks a fresh 2.5-month low at 4071 with ATR(14) expanding sharply, confirming trend extension rather than compression. RSI sits deep in oversold territory but is not yet showing divergence.
Support: 4,000.00, 4,071.00
Resistance: 4,100.00
What it said to watch
An H4 close back above 4100 would neutralise the breakout read
4000 psych round is the next downside reference if 4071 fails
PPI Thu 12:30 UTC could materially extend or unwind this move
17:04 UTC
Downtrend, accelerating · RSI 28 · price 4,127.74
Lower highs and lower lows, fresh range lows.
Gold is in a sustained H4 downtrend, printing successive lower highs and lower lows since the early-window break under 4540. The decline accelerated this week after the 172K NFP shock repriced the Fed hawkish, with price slicing through the 4175-4180 March-23 low and the 4188 prior support, now resting at fresh range lows near 4127. ATR(14) is expanding sharply, confirming trend extension rather than compression, while RSI sits oversold below 30.
Support: 4,106.86, 4,000.00
Resistance: 4,188.68, 4,360.00
What it said to watch
Loss of 4106.86 swing low opens further downside toward the 4000 psych level
Reclaim of the broken 4188.68 support would be the first sign the impulse is stalling
PPI Thu 12:30 UTC could materially shift this read — a hot print pressures lower, a soft print risks a short-cover bounce toward the 4360 cap
17:04 UTC
Downtrend, accelerating · RSI 25 · price 4,127.74
Lower highs and lower lows, fresh cycle low.
Gold remains in a clean H4 downtrend, printing successive lower highs and lower lows and closing at fresh cycle lows near 4128 after the hawkish-Fed repricing that followed the 172K NFP. The break below the 4175-4180 prior-support shelf has accelerated selling, with ATR(14) expanding sharply as the move extends well below EMA20 and EMA50. In-line CPI offered no relief, leaving 4106 the immediate floor.
Resistance: 4,180.00
What it said to watch
Loss of 4106 swing low opens further downside
Reclaim of the 4180 prior low needed to ease the breakdown
PPI Thu 12:30 UTC could materially shift this read
Gold remains in an established H4 downtrend, accelerating after Friday's blowout 172K NFP flipped Fed pricing hawkish and drove price through the $4,500 200-day pivot toward 11-week lows. The latest impulse leg sliced through the 4268/4235 march-low zone, now flipped to resistance, with price stalling just above the 4146 swing low. ATR(14) is expanding and RSI is oversold, but the structure is one-directional with each rally capping at lower highs.
Support: 4,145.84, 4,100.00
Resistance: 4,222.00, 4,268.00
What it said to watch
CPI just released (12:30 UTC) — could materially shift this read in the next bar
Failure to hold 4146 confirms continuation toward the 4100 psych level
Reclaim of the 4268 march low would challenge the breakdown read
Oversold RSI raises odds of a relief bounce into the 4222/4268 zone without altering trend
13:04 UTC
Downtrend, accelerating · RSI 25 · price 4,148.06
Lower highs and lows, fresh breakdown.
Gold has unwound from the ~4595 swing high in a clean staircase of lower highs and lower lows, with the decline steepening after Friday's 172K NFP blowout flipped the Fed narrative hawkish. The March-low support zone at 4268/4235/4200 has given way and price is trading at 11-week lows near 4148, well below both EMAs with RSI in oversold territory. CPI is landing now (f/c 4.2% YoY) and is the next catalyst for this structural break.
Support: 4,100.00
Resistance: 4,200.00, 4,268.00
What it said to watch
Hot CPI print could extend the break through the 4145 swing low toward 4100
A reclaim of the 4268 march-low zone would be the first sign the breakdown is stalling
Oversold RSI raises odds of a relief bounce into the 4200 prior-support shelf
Lower highs and lower lows, fresh multi-week lows.
Gold remains in a clean H4 downtrend, accelerating to fresh multi-week lows near 4172 as hawkish-Fed repricing after the 172K NFP blowout drove price below its longer-term moving averages. The break of the 4320-4360 consolidation triggered the latest leg, with 4263 prior low now capping rebounds and 4341/4363 marking the broken swing highs. ATR is expanding and RSI is oversold, but no bullish divergence is yet visible.
Resistance: 4,263.00, 4,341.00, 4,363.46
What it said to watch
US CPI today 12:30 UTC (~3h) could materially shift this read
H4 close below 4172 swing low opens further downside
Reclaim above 4263 prior low needed to ease downside pressure
09:04 UTC
Downtrend, accelerating · RSI 27 · price 4,179.40
Lower highs, lower lows; fresh cycle lows.
Gold remains in an entrenched H4 downtrend, printing lower highs and lower lows since the early-window break from the 4700 region. The selloff accelerated this week on hawkish-Fed repricing after the 172K NFP beat, slicing through the 200-DMA and the 4235 March low to fresh cycle lows near 4179. ATR(14) is expanding, confirming trend extension rather than compression.
Support: 4,172.00, 4,100.00
Resistance: 4,235.00, 4,360.00
What it said to watch
US May CPI at 12:30 UTC (~5h) could materially shift this read
Loss of the 4172 swing low opens further downside toward the 4100 round number
Reclaim of the 4235 march low and 4360 cap would be the first sign the downtrend is stalling
05:04 UTC
Downtrend, accelerating · RSI 26 · price 4,184.59
Lower highs, lower lows; broke prior swing low.
Gold is in a clean, accelerating downtrend, having sliced below the $4,268 March swing low and stacked lower highs/lower lows for the past two weeks after the 172K NFP blowout fired up hawkish-Fed pricing. ATR(14) has expanded sharply through the breakdown, with price extending well below both EMAs and printing 2.5-month lows at 4173. RSI is oversold but the structure remains one-directional below the broken 4268 shelf.
Support: 4,173.13, 4,100.00
Resistance: 4,268.00
What it said to watch
US CPI at 12:30 UTC could materially shift this read — a hot print pressures price further, a clear miss risks short-covering toward 4268
Reclaim and H4 close back above 4268 would neutralise the breakdown
Sustained acceptance below 4173 opens the path toward the 4100 area
Gold remains in an accelerating downtrend, shedding over 4% in two sessions after Friday's 172K NFP blowout fuelled hawkish-Fed repricing and removed the safe-haven bid. Price has sliced through the $4,268 March swing low and the $4,360 ceiling that capped every prior rebound, with ATR(14) expanding as the move extends. Latest close at 4184.59 sits below both EMAs and at the lows of the window.
Support: 4,173.13
Resistance: 4,268.00
What it said to watch
US CPI today 12:30 UTC could materially shift this read
Sustained break below 4173 swing low opens further downside
Reclaim of 4268 prior low would ease the breakdown pressure
Gold remains in an entrenched H4 downtrend, printing lower highs and lower lows since the early-month rejection near 4595 and now breaking the prior 4268 cycle low to fresh 11-week lows. The slide accelerated after Friday's 172K NFP shock drove hawkish Fed repricing, with the latest bar extending the breakdown to 4210. RSI is deeply oversold while ATR remains elevated, consistent with trend expansion rather than compression.
Support: 4,210.44, 4,200.00
Resistance: 4,268.00
What it said to watch
US CPI today 12:30 UTC is the primary catalyst — a hot print risks extending the breakdown below 4210
H4 close back above 4268 would reclaim the broken prior low and ease the downside read
Failure to hold 4210 confirms continuation to fresh cycle lows toward the 4200 round number
01:03 UTC
Downtrend, accelerating · RSI 27 · price 4,222.85
Lower highs, lower lows into fresh cycle lows.
Gold extended a multi-week collapse, breaking the $4,268 cycle low (former support, now resistance) into fresh lows near $4,210 after the 172K NFP shock drove hawkish Fed repricing. Structure is a clean cascade of lower highs and lower lows with ATR(14) expanding, price trading deep below both EMA20 and EMA50. RSI is oversold but momentum remains firmly to the downside.
Support: 4,200.00, 4,150.00
Resistance: 4,268.00
What it said to watch
US CPI Wed 12:30 UTC is the primary catalyst and could materially shift this read
An H4 close back above 4268 would invalidate the breakdown
Sustained acceptance below 4200 opens the path toward 4150