XAU/USD AI Live Scan, 1-hour chart, Monday, 11 May 2026
Every read JAFX AI made on the XAU/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
09:01 UTC
Uptrend stalling, pulling back from highs · RSI 38 · price 4,666.58
Lower-high after rejection from 4764.
Gold ran from 4540 early in the window to a 4764 week high before getting rejected and unwinding through both EMAs on the reopen. RSI(14) made a lower high into 4764 against price's higher high, and the latest NY session has carved a lower-high near 4700 with price now sitting on the 4665 area. Iran-US headlines remain the dominant driver — last week's leg up came on de-escalation hopes that have since been rejected by both sides.
Support: 4,648.06
Resistance: 4,700.16
What it said to watch
Hourly close back above 4700 would neutralise the lower-high read
Loss of 4648 swing low confirms a deeper unwind toward 4620
US CPI later this week is the main scheduled risk for the move
Lower highs since 4764 peak, testing weekly range mid.
Gold ripped from 4533 early last week to a 4764 high before stalling, with lower highs printing into the new week as price slipped back under both EMA(20) and EMA(50). The Asia/London session today saw a clean rejection from 4705 and a tag of the 4648 swing low before a shallow bounce, with US-Iran tensions and a firmer USD capping recovery attempts. RSI(14) near 38 confirms the loss of momentum that built through the prior rally.
Support: 4,648.06, 4,620.00
Resistance: 4,700.00
What it said to watch
H1 close back above 4700 psych would neutralise the pullback read
Break of 4648 swing low opens room toward the 4620 prior pivot
Trump-Xi summit headlines later this week could materially shift this read
Rally into 4764 capped, lower-highs developing since Thursday.
Gold ran from 4534 at Monday's open to 4764 by Thursday's NY session, then rejected and rolled over with a sequence of lower highs into the weekend. Asia today extended the slide, with price now pinned below EMA(20) and EMA(50) around 4678 after probing the 4648 swing low. News flow cites USD bid on US-Iran tensions and inflation fears keeping gold offered below 4700.
Support: 4,670.43, 4,648.06, 4,620.00
What it said to watch
H1 close back above 4705 session high would neutralise the lower-highs read
Loss of 4648 swing low confirms deeper pullback toward 4620 prior break
Reaction at the 4670 session low is the immediate tell
Lower highs forming after $4764 peak; testing range support.
Gold rallied from 4534 early in the window to a 4764 week high before twin tops near 4750-4764 capped the move and a lower-high structure took over. Price has lost the 4700 psych handle on Monday's Asian session, with sellers pressing through prior support at 4670 area amid USD strength on Trump's rejection of Iran peace offer. RSI(14) sits at 30.8 with price well below both EMA20 and EMA50, marking the cleanest corrective leg of the week.
Support: 4,648.06, 4,670.43, 4,700.00
Resistance: 4,705.00
What it said to watch
H1 close back above 4705 broken support would neutralise the breakdown
Failure to hold the session low at 4648 opens further downside
US-Iran headline risk and inflation narrative remain the dominant macro driver
Rally from 4530s into 4760s, now correcting lower.
Gold rallied from the 4530s early in the window to a week high at 4764.78 before stalling and rolling over, with price now trading below EMA20 and EMA50 after a clean rejection of the 4747–4764 zone. The drop into Monday's Asian session followed Trump's rejection of Iran's peace proposal headlines, but follow-through has been a steady grind lower rather than a panic flush. RSI(14) at 35 is approaching oversold while price probes the 4670 session low, with the broken 4705 shelf now acting as resistance.
Support: 4,670.43, 4,640.00
Resistance: 4,705.00, 4,764.78
What it said to watch
H1 close back above 4705 broken shelf would reopen the upside toward the week high
Loss of 4670 session low confirms a lower-low and exposes the 4640 prior shelf
Middle East / Iran headline risk remains the dominant catalyst for this read
Rally from 4525 capped at 4764, now retracing into prior consolidation.
Gold rallied from 4525 on Wednesday through to a 4764 week high during Friday's NY session before stalling and gapping lower into the Asia open after Trump's rejection of Iran's peace proposal. Price is now trading below the H1 EMA20 around 4705 with RSI at 38, the first sustained loss of momentum since the impulse began. The session low at 4670 is the immediate pivot — holding here keeps the broader uptrend intact, losing it opens the prior shelf at 4640.
Support: 4,670.43, 4,640.00
Resistance: 4,705.00
What it said to watch
H1 close back above 4705 ema20 would reassert the uptrend
loss of 4670 session low exposes 4640 prior shelf
geopolitical headlines (Iran/Hormuz) remain the dominant driver
03:01 UTC
Uptrend, pulling back from week high · RSI 39 · price 4,678.50
Rising channel broken, retesting from below.
Gold rallied through the week from 4519 to a 4764 peak before stalling Friday and gapping lower into Monday's Asia session after Trump rejected Iran's peace proposal — though the headline initially supported the metal, price has since faded back below both EMA20 and EMA50. RSI(14) at 38 reflects the cooling momentum, with the session low at 4670 holding so far on the pullback. The rising structure off the 4595 wk pivot is being tested.
Support: 4,670.00, 4,640.00, 4,595.00
Resistance: 4,705.00, 4,747.00, 4,764.00
What it said to watch
H1 close below 4670 session low opens path back to the 4640 prior pivot
Reclaim of 4705 session high would put 4747 prior high back in play
China CPI beat (1.2% vs 0.8%) and ongoing Iran headlines keep gold reactive to USD and geopolitical flow
02:01 UTC
Uptrend stalling, pullback into prior range · RSI 39 · price 4,689.90
Higher highs into 4763 peak, now correcting back to mid-range.
Gold rallied from 4517 early in the window to a 4764 week high before stalling, with a double top forming near 4750-4764 and price now trading back below both EMA20 and EMA50 after the weekend gap lower. Trump's rejection of Iran's peace proposal initially weighed at the Asia open, with the metal slipping under 4700 and probing 4670 before stabilising. RSI(14) has unwound to the high-30s, consistent with a corrective leg rather than trend break — the broader week-long uptrend structure is intact unless 4670 gives way.
Support: 4,670.43
What it said to watch
H1 close back above 4705 lower high reopens the 4747 prior high
Loss of 4670 swing low confirms a lower-low and breaks the week's uptrend structure
Headline risk around Iran/Strait of Hormuz remains the dominant catalyst
Higher-highs broken, pullback into prior breakout zone.
Gold ran from 4515 at Monday's open to a 4764 week high during Thursday's NY session, a clean impulse on Iran-Hormuz headlines. Price has since rolled over and is trading back into the prior breakout shelf around 4715, with the latest H1 closing at 4678 below both EMA(20) and EMA(50). RSI made a lower high into the 4764 print while price made a higher high, and momentum has now slipped below 40 — the first sign of structural fatigue this week.
Support: 4,670.00, 4,640.00
Resistance: 4,715.00, 4,764.00
What it said to watch
H1 close below 4670 session low confirms a lower-low and opens the 4640 prior shelf
Reclaim of 4715 broken shelf would neutralise the rollover read
China CPI print in Asia today could inject headline risk into gold
Ongoing Iran-Hormuz headlines remain the dominant macro driver
Gold rallied roughly 250 dollars since Monday's open, peaking at 4764.78 mid-week with bearish RSI divergence on the final push, before rolling over as Iran-US tensions intensified over the weekend. Price now sits beneath both EMAs after a Friday rejection from 4750, with the current session low at 4683 marking the immediate pivot. Structure has shifted from trend to consolidation with sellers in control on the pullback.
Support: 4,683.00
Resistance: 4,715.00, 4,750.00, 4,764.78
What it said to watch
Hourly close below 4660 swing low confirms a lower-low and deeper retracement
Reclaim of 4715 session high would neutralise the pullback read
Headline risk from Iran/Hormuz situation could materially shift the read on the next session open
China April CPI release in Asia hours may move USD and by extension gold