XAU/USD AI Live Scan, daily chart, Thursday, 11 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.
21:04 UTC
Downtrend, accelerating · RSI 25 · price 4,058.67
Lower highs, lower lows; fresh swing lows.
Gold has shed over $400 in three sessions, breaking below the multi-month $4,300 shelf to print fresh lows near $4,024 after in-line CPI and a blowout payrolls print killed near-term rate-cut hopes. Price sits well below a falling EMD(50), the down-leg from the late-February $5,419 peak now extended and RSI deep in oversold territory. The latest session's narrow $4,118–$4,024 range and rejection under $4,100 mark the first pause in the slide.
Reclaim of 4100 cap would ease the immediate bearish tone
Fri Michigan inflation expectations could materially shift this read
21:04 UTC
Downtrend, accelerating · RSI 23 · price 4,058.67
Lower highs and lower lows, fresh range low.
Gold is in an established multi-week downtrend, having shed over $400 in three sessions from the late-February $5,419 high into a fresh range low at $4,023 — the slide accelerated after the in-line CPI and beat May payrolls killed near-term cut hopes and forced a break below the swing structure. Price closed at $4,058, deeply below both EMA20 and EMA50, with D1 RSI in oversold territory near 22 — the deepest of this leg. The latest daily candle stalled under $4,100, where the prior breakdown shelf now sits as resistance.