XAU/USD AI Live Scan, daily chart, Wednesday, 10 June 2026
Every read JAFX AI made on the XAU/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:33 UTC
Downtrend, accelerating · RSI 28 · price 4,071.48
Lower highs and lower lows, fresh multi-month low.
Gold has been in a sustained downtrend since the late-February peak near 5420, trading well below EMA(50) and the 200-DMA. The slide from ~4500 accelerated after last Friday's 172K NFP blowout repriced Fed expectations toward a hike, with the final session breaking the 4100 prior low (line in the sand) to print a fresh multi-month low at 4071. Daily RSI is now in oversold territory, the first meaningful stretch read of this leg.
Support: 4,000.00
Resistance: 4,100.00, 4,250.00, 4,360.00
What it said to watch
Daily close back above 4100 broken low would relieve the immediate downside pressure
Failure to hold the 4000 round number opens deeper downside
PPI Thu 12:30 GMT (core YoY f/c 5.4%) could extend or reverse this leg
4250 prior high then 4360 supply lid cap any bounce
Gold has been in a sustained downtrend since the early-Feb peak above $5,400, with a steep acceleration this week as the blowout 172K NFP and sticky 4.2% CPI killed rate-cut hopes and drove price below its 200-DMA near $4,170. The last three sessions are near-vertical, closing at $4,071 with RSI(14) at multi-month lows around 25 — deep into oversold but no reversal signal yet. Price sits well below both EMA(20) and EMA(50), which are sloping lower in lockstep, confirming the weekly cadence of lower highs and lower lows.
What it said to watch
Daily close back above $4,250 would ease the downside momentum
Failure to hold $4,100 opens deeper downside toward fresh multi-month lows
PPI Thu 12:30 GMT could materially shift this read — hot print reinforces the slide, soft print risks a relief bounce into the $4,250-$4,360 zone
21:04 UTC
Downtrend, accelerating · RSI 25 · price 4,071.48
Lower highs and lower lows, fresh multi-month low.
Gold is in a clear multi-month downtrend, peeling away from the ~5419 swing high set in late February and printing a chain of lower highs and lower lows since. Friday's blowout NFP and in-line CPI cemented a hawkish-Fed read, accelerating the slide through the 200-DMA and the prior 4100 support, with the latest session gapping down to close near 4071 — a fresh 2.5-month low. D1 RSI is deeply oversold around 24, the kind of reading that can precede a relief bounce, but price remains pinned well below EMA20 and EMA50.
Resistance: 4,100.00, 4,250.00, 4,360.00
What it said to watch
$4,000 psych level is the next reference below; loss of it extends the downtrend
A daily close back above 4100 would neutralise the break and open 4250 then the 4360 ceiling
PPI Thu Jun 11 12:30 UTC could materially shift this read — a hot print pressures gold further