Gold rebounded hard off Thursday's ~4024 base and, after the weekend gap up near 4296, ran to a week high of ~4369 through Monday's session on the US-Iran peace framework and a softer Dollar. Price has since faded back to 4312, slipping under EMA(20) with RSI(14) cooling toward the mid-40s; the rebound is intact but momentum has stalled into Wednesday's FOMC. The 4340 zone capped the latest push and now sits as the first overhead test.
Support: 4,305.00, 4,280.00
Resistance: 4,340.00, 4,369.00
What it said to watch
FOMC decision + dot-plot Wed 18:00 UTC is the dominant catalyst and could materially shift this read
Reclaim of 4340 reopens the 4369 week high
Failure to hold the 4305 session low exposes the 4280 post-gap low
Gold gapped higher into this week's open and rallied to a 4369 week high, recovering the steep slide from 4270 down to the 4024 base earlier in the window — driven by the US-Iran peace framework and a softer Dollar. Price has since faded into the NY session, slipping back under EMA(20) to 4312 with RSI(14) rolling off 60 toward the mid-40s. The 4348 prior high capped the latest push and the higher-low sequence off the 4280 gap base is still intact above EMA(50).
Support: 4,280.00
Resistance: 4,348.00, 4,369.00
What it said to watch
H1 close below 4280 breaks the week's higher-low sequence
Reclaim of 4348 reopens the 4369 week high
FOMC dot-plot and Retail Sales Wed could materially reshape this read
Gold gapped higher to start the week near 4295 and ran into the NY session up to 4369 before fading, with the US-Iran framework capping follow-through. Price now sits back below the H1 EMA20 (~4332) with RSI cooling toward neutral, while the EMA50 underpins around 4250. The advance has stalled into a pullback rather than reversed.
Support: 4,295.00, 4,250.00
Resistance: 4,332.00, 4,369.40
What it said to watch
H1 close below the 4295 weekly open negates this week's recovery
Reclaim of EMA20 ~4332 needed to retest the 4369 week high
FOMC dot plot Wednesday 18:00 UTC is the dominant catalyst for direction
Gold rebounded ~$330 off Monday's 4036 low and gapped higher into this session as the US-Iran framework cooled the safe-haven bid then reversed positioning, driving a push to the 4368 week high before NY hours faded it back to 4309. Price has since slipped under the EMA(20) near 4335 and is holding the 4300 psych level, with RSI(14) cooling toward 48. The 4280 session low marks the base of the recent advance.
Support: 4,300.00, 4,280.37
Resistance: 4,335.00
What it said to watch
H1 close below 4280 session low confirms a lower low and ends the week's higher-high sequence
Reclaim of the 4335 EMA(20) reopens the path back toward the 4368 week high
FOMC dot plot and Retail Sales Wed (12:30 / 18:00 UTC) are the dominant catalysts and can reset this read
Higher highs since weekend gap, now pulling back below EMA20.
Gold gapped up out of last week's ~4200 consolidation on the US-Iran de-escalation, then ran to 4369 before stalling. Price has since slipped back under the EMA20 near 4332 with RSI(14) cooling toward the midline, leaving 4309 testing the lower end of the post-gap range. The 4285 gap base marks the first structural shelf below.
Support: 4,285.00, 4,246.00, 4,200.00
Resistance: 4,332.00, 4,356.00, 4,369.00
What it said to watch
FOMC and dot plot Wed 18:00 UTC is the week's defining catalyst and could materially shift this read
Reclaim of the EMA20 near 4332 would re-engage the 4356/4369 highs
H1 close below 4285 gap base would unwind the post-gap rally toward the 4246 prior high
Rally off Monday gap stalling, pulling back from week high.
Gold gapped higher into Monday's open near 4285 — the weekend US-Iran de-escalation that drained safe-haven flows still left the metal bid — and ran to a week high at 4369 before stalling. Price has since slipped below EMA(20) with RSI(14) cooling into the low-40s, retracing the bulk of the post-gap impulse. EMA(50) near 4270 still sits below, so the broader weekly recovery remains intact above 4285.
Support: 4,285.00, 4,218.00
Resistance: 4,348.00, 4,369.00
What it said to watch
Hourly close back above 4348 reopens the 4369 week high
Failure to hold 4285 week low opens the path toward the 4218 gap fill
FOMC Wed 18:00 UTC (Warsh, dot plot) is the week's defining catalyst and could materially shift this read
Higher highs since the weekend gap, pulling back from week high.
Gold gapped up over the weekend, opening near 4296 after the US-Iran peace framework and Hormuz reopening, then extended to a 4369 week high before a rejection there. Price has since slipped back into the EMA20 area around 4320 with RSI(14) cooling toward the midline, leaving an intraday pullback within the broader rebound off the June lows. The 4356-4369 zone capped the rally; 4308 marks the first higher-low pivot.
Support: 4,308.20
Resistance: 4,356.00, 4,369.40
What it said to watch
FOMC + dot plot Wed 18:00 UTC could materially shift this read
H1 close below 4308 swing low would mark the first lower-low since the gap
Reclaim of 4356 session high reopens the path to the 4369 week high
Gold gapped sharply higher into the new week's open on the weekend US-Iran framework, extending a ~$300 rebound off the prior lows and tagging 4369 before fading through the NY session. Price now sits just under EMA20 around 4321, with the pullback holding above the 4308 swing low and the 4285 gap open. RSI has cooled back to the mid-40s as the impulse stalls below the week high.
Support: 4,308.00, 4,285.00
Resistance: 4,369.00
What it said to watch
FOMC + dot plot Wed 18:00 UTC could materially shift this read
H1 close back above 4369 week high reopens the upside extension
Higher highs/higher lows since the weekly gap, now retracing off the week high.
Gold gapped higher into the week's open near 4296 on the US-Iran peace framework and reopened Hormuz, then rallied through the NY session to a week high at 4369. Price has since faded back toward EMA20 around 4330, with 4356 capping the latest bounce and demand stepping in near 4320. RSI(14) has cooled off the highs but holds above 50, consistent with a pullback within the week's rebound.
Support: 4,320.00, 4,295.00
Resistance: 4,356.00, 4,369.40
What it said to watch
FOMC decision + dot plot Wed 18:00 UTC is the dominant driver — could materially shift this read
Hourly close back above 4356 reopens the path to the 4369 week high
Loss of 4320 then 4295 weekly open would break the higher-low sequence
Gold rebounded ~$300 off the mid-window low near 4024 and gapped higher over the weekend on the US-Iran peace framework, tagging a week high at 4369 before stalling. Price has since drifted back to 4326, slipping under EMA(20) but holding well above EMA(50), with RSI cooling from overbought into the mid-50s. The 4300 round level is the near-term pivot; 4280 marks the weekend gap zone.
Support: 4,300.00, 4,280.00
Resistance: 4,350.00, 4,369.00
What it said to watch
H1 close below 4300 weakens the rebound structure toward the 4280 gap zone
Reclaim above 4350 reopens the 4369 week high
FOMC decision/dot plot Wed 18:00 UTC is the dominant driver this week
18:03 UTC
Uptrend, pulling back from highs · RSI 56 · price 4,321.91
Higher highs off the rebound, intraday pullback underway.
Gold rebounded sharply off Monday's six-month low near 4036 and opened with a weekend gap up to ~4296 as the US-Iran peace framework drained the haven bid. The rally extended through NY hours to a week high of 4369 before stalling, and price is now easing back toward 4321 with RSI(14) cooling off its highs. Price sits just above EMA20 with EMA50 well below, but the move is fading into Wednesday's FOMC.
Support: 4,296.00, 4,218.00
Resistance: 4,356.00, 4,369.40
What it said to watch
H1 close below 4296 weekend gap reopens the path toward 4218
Failure to reclaim 4356 keeps the pullback active
FOMC decision and dot plot Wed 18:00 UTC is the dominant driver this week
Higher highs post-gap, pulling back from week high.
Gold gapped higher into this week's open after the US-Iran peace framework drained safe-haven demand, then ran from ~4285 to a week high near 4369 through the NY session. Price has since faded to 4322, slipping back to the H1 EMA(20) with RSI(14) cooling toward 50 after stalling at the highs. The 4369 area capped the advance and sits as near-term resistance.
Support: 4,308.20, 4,285.00
Resistance: 4,369.40
What it said to watch
Hold above 4308 keeps the rising sequence of higher-lows intact; a close below loses the post-gap support line
Reclaim of 4369 week high reopens the path toward the 100-day SMA overhead
FOMC decision + dot plot Wed 18:00 UTC is the dominant driver and can materially shift this read
Gold gapped up to open the week and ran from ~4280 to a session high near 4369 as the US-Iran ceasefire drained safe-haven demand from the dollar. Price now sits back at 4335 after two bars rejected the 4369 area, holding well above EMA(20) and EMA(50) with RSI cycling in the 55-65 band on each push. The rebound off last week's six-month low remains in force, but momentum is flattening into Wednesday's FOMC.
Support: 4,300.00, 4,280.37
Resistance: 4,369.40
What it said to watch
Loss of the 4300 pivot would threaten the post-gap uptrend structure
Hourly close above 4369 session high reopens the path toward prior higher levels
FOMC decision and dot plot Wed 18:00 UTC is the dominant driver and can reset this read
Gold gapped higher into this week's open and rallied off the prior six-month-low zone, peaking at 4369 before easing back to 4335 — the rebound the digest ties to the US-Iran ceasefire and fading haven bid. Price holds above EMA20 with RSI(14) cycling back from overbought after stalling at the week high. The 4324 higher low and 4300 round number frame the pullback, while 4369 caps for now.
Support: 4,300.00
Resistance: 4,369.40
What it said to watch
H1 close back below 4324 breaks the higher-low sequence
Close above 4369 week high opens the path toward the 100-day SMA overhead
FOMC + dot plot Wed 18:00 UTC is the dominant driver and can reshape this read
US Retail Sales Wed 12:30 UTC a near-term risk to the rebound
Gold reopened the week with a gap higher near 4295 and has ground steadily up to a session high around 4369, extending the rebound off the six-month low as the US-Iran peace framework drained the inflation/haven premium. Price holds above EMA20 (~4327) with RSI cycling in the 60s, and each pullback has been bought back into the rising structure. The move has now cleared last week's high zone, leaving 4369 as the nearest cap.
Support: 4,327.00, 4,308.00, 4,285.00
Resistance: 4,369.00
What it said to watch
FOMC decision/dot plot Wed 18:00 UTC is the dominant driver and can reshape this read
H1 close below 4308 would break the run of higher lows
Loss of 4285 reopens the gap and the broader downside
16:02 UTC
Recovery off the lows, momentum cooling near highs · RSI 61 · price 4,355.20
Higher highs and higher lows since Wednesday's reversal.
Gold based out near 4070 mid-week and has ground higher in a steady channel, reclaiming the 4246 weekly high and stretching to a 4369 session peak before stalling. The rebound — roughly $300 off the June-10 lows — tracks the US-Iran peace framework draining the safe-haven bid, with soft Empire State and Industrial Production prints today adding a softer-USD tinge. Price holds above EMA20 (~4338) with RSI(14) cycling in the 55-65 band; pullbacks have repeatedly found support at the rising EMA.
Support: 4,338.00
Resistance: 4,369.40, 4,246.00
What it said to watch
Hourly close back below 4338 EMA20 would break the rising channel
Loss of 4295 session low reopens the 4218 prior high
FOMC decision and dot plot Wed 18:00 UTC is the dominant driver and could reset this read
Gold gapped higher into this week's open near 4295 and has climbed steadily into the NY session, holding above EMA(20) with RSI(14) cycling in the 60s. The advance retraced almost the entire prior-week slide from 4363 down to the 4036 low; resistance at 4369 has now capped the latest push. The US-Iran de-escalation drained the safe-haven premium last week, but Wednesday's FOMC and dot plot is the dominant catalyst ahead.
Support: 4,334.00, 4,295.00, 4,250.00
Resistance: 4,369.00, 4,400.00
What it said to watch
Hourly close above 4369 opens the path toward the 4400 round number
Loss of 4334 (ema20) would break the run of higher lows
Failure to hold 4295 gap open reopens the downside toward 4250
FOMC and Retail Sales Wednesday could materially shift this read
Higher highs and higher lows since the weekly gap.
Gold gapped higher into the week's open near 4296 and has ground steadily higher through the London and NY sessions, tagging a session high at 4369. The advance follows a sharp early-window selloff to 4036, since recovered and extended; RSI(14) sits elevated near 70 while EMA20 has caught each pullback. Price holds well above the 4243-4250 prior-week high zone, which now acts as a floor.
Support: 4,295.00, 4,243.00
Resistance: 4,369.00
What it said to watch
FOMC and Retail Sales on Wed are the dominant catalysts and could materially shift this read
Loss of the 4295 gap base would reopen the prior-week high zone
H1 close above 4369 extends the week-high breakout
Gold gapped higher into this week's open near 4295 and has climbed steadily since, fully recovering last week's slide to the ~4024 low and printing fresh highs at 4368 this session. Price sits above both EMA20 and EMA50 with RSI(14) elevated near 70 as the US-Iran de-escalation drains the dollar and softer US data weighs on yields. The advance has been near one-directional, with shallow pullbacks holding the rising lows.
Support: 4,295.00
Resistance: 4,400.00
What it said to watch
Wed Retail Sales (12:30 UTC) and FOMC dot plot (18:00 UTC) are the dominant catalysts for this read
Loss of the 4295 weekly open would break the higher-low sequence
Close above the 4368 session high opens the path toward the 4400 psych level
Gold sold off hard early in the week to a ~4036 low before a steady recovery; a weekend gap higher opened near 4296 and price has since pushed to a week high at 4368, now stabilising around 4356. Holding above both EMA20 and EMA50 with RSI(14) elevated near 66, the relief bid tracks the softer US Empire/IP misses and a USD slipping to 10-day lows. Wednesday's FOMC and dot plot is the dominant catalyst and overrides the current structural read.
Support: 4,324.00, 4,295.90
Resistance: 4,400.00
What it said to watch
H1 close above 4368 week high opens the path to the 4400 psych level
Loss of 4295 weekly open would undercut the recovery structure
Failure to hold the 4324 session low signals a lower high forming
FOMC decision + dot plot Wed 18:00 UTC could materially reset this read
Gold gapped sharply higher into this week's open and has extended the recovery off the $4,046 low, now pressing $4,349 with price holding above EMA20 and EMA50. The post-gap sequence of higher lows is intact, with the 4350 psych level capping the latest push and the 4324 swing low marking the nearest pullback floor. The move runs against the digest's broader two-week-loss tone, leaving FOMC Wednesday as the dominant catalyst.
Support: 4,300.00
Resistance: 4,350.00, 4,363.46
What it said to watch
H1 close above 4350 psych opens 4363 prior high
Loss of 4300 round undoes the post-gap higher-low sequence
FOMC SEP/dot plot Wed 18:00 UTC could materially shift this read
Higher lows since weekend gap up, retracing weekly decline.
Gold cratered from 4363 to near 4024 through midweek as a US-Iran peace framework and sliding oil stripped out the safe-haven premium, then gapped higher over the weekend and has climbed steadily back to 4345. Price has held above EMA20 since the gap with RSI(14) pushing into the high-60s, and the recovery is now testing the upper bound of this week's range near 4349-4363. The 4285 gap base marks the floor of the rebound.
Resistance: 4,349.40, 4,363.46
What it said to watch
FOMC + SEP Wed 18:00 UTC is the dominant catalyst and could reset this entire read
Retail Sales Wed 12:30 UTC ahead of it could cap the bounce near 4349-4363
Loss of the 4285 gap base would unwind the post-gap recovery
Close above 4363 reopens the path back toward the pre-decline highs
12:02 UTC
Corrective uptrend off the lows · RSI 62 · price 4,335.75
Higher lows since Monday's gap up.
Gold gapped up into Monday's session after the US-Iran peace framework drained the safe-haven premium, then ground out higher lows back above EMA20 and EMA50. The recovery has stalled just under the 4347 week high, with RSI cycling in the low 60s on each push. Price sits well above the gap low at 4280 after the sharp selloff that bottomed near 4036 last week.
Support: 4,308.20, 4,280.37
Resistance: 4,347.46, 4,363.46
What it said to watch
FOMC dot plot Wed 18:00 UTC could materially shift this read
Sustained close above 4347 week high opens the path back toward the 4363 prior high
Loss of the 4308 swing low would break the higher-low sequence
Gold based near 4024 mid-week and ground back up, then opened the new week with a gap higher and has climbed steadily through the 4300 handle into the NY session, tracking the US-Iran peace optimism and softer dollar. Price holds well above EMA20 with RSI cycling in the 55-65 zone on each pullback; the session high at 4347 has capped the latest push. The advance remains corrective within the broader downtrend that found its floor near 4024.
Support: 4,280.00
Resistance: 4,347.00, 4,363.00
What it said to watch
FOMC and US Retail Sales Wed could materially shift this read
H1 close above 4347 opens the path to the 4363 week high
Higher highs/higher lows since weekend gap, consolidating below week high.
Gold gapped higher into the new week's open and rallied to a week high at 4345, recovering the bulk of the earlier slide toward 4036 on US-Iran peace optimism and a softer USD. Price has stalled in a tight consolidation around 4337, holding above EMA20 with RSI(14) cycling in the low-60s. The 4308 session low and the 4280 gap low mark the structure underpinning the bounce.
Support: 4,308.00, 4,280.37
Resistance: 4,345.46, 4,363.46
What it said to watch
Hold above 4308 session low keeps the recovery intact; loss reopens the 4280 gap low
H1 close above 4345 week high opens the path to the 4363 prior high
FOMC dot plot Wed 18:00 UTC and US Retail Sales 12:30 UTC could materially shift this read
Gold gapped higher into the new week on US-Iran peace optimism and has ground up in a clean sequence of higher lows, reclaiming most of the prior week's slide toward 4023. Price trades above EMA20 and EMA50 with RSI near 69, edging into overbought as the bounce stalls just under the 4345 swing high. The advance remains corrective within the broader decline that produced the 4023 low.
Resistance: 4,345.46, 4,363.46
What it said to watch
FOMC dot plot Wed 18:00 UTC could materially shift this read
H1 close above 4345 swing high opens the path toward 4363 prior high
Loss of 4307 swing low breaks the rising lows since the gap
Higher highs and higher lows since the weekend gap up.
Gold has fully retraced the mid-week selloff from the 4363 swing high down to the 4036 weekly low, with US-Iran peace optimism and a softer USD fuelling the rebound. Price reopened with a weekend gap up near 4285 and has carried higher each session, now pressing the 4345 session high after holding the 4308 swing low. RSI(14) is firm in the upper half and price sits above both EMA20 and EMA50.
Support: 4,308.00, 4,285.00, 4,218.00
Resistance: 4,345.46, 4,363.46
What it said to watch
FOMC dot plot Wed 18:00 UTC (plus Retail Sales 12:30 UTC) could materially reset this read
H1 close below the 4285 gap base would undercut the recovery structure
Rejection at the 4345 session high keeps 4363 swing high as the next overhead level
Loss of the 4308 swing low signals momentum fading toward the prior high at 4218
10:02 UTC
Recovery rally off the lows, momentum extending · RSI 67 · price 4,336.87
Higher highs and higher lows since the 4036 base.
Gold based near 4036 mid-week and has rallied steadily, gapping higher into this week's open near 4295 after the US-Iran peace framework eased the safe-haven and energy-inflation premia. Price is now pressing the 4345 session high with RSI(14) elevated near 67 and trading well above EMA20 and EMA50. The advance remains a corrective bounce within the broader downtrend flagged by the macro read.
Support: 4,295.00
Resistance: 4,345.00, 4,363.00
What it said to watch
FOMC rate decision and dot plot Wed 18:00 UTC is the dominant near-term risk for this read
Sustained acceptance above 4345 would open the path toward the 4363 week high
Loss of 4295 wkly open would fill the weekend gap and threaten the higher-low sequence
09:03 UTC
Recovery uptrend off the week low · RSI 67 · price 4,337.01
Higher lows, retesting week-open zone after weekend gap.
Gold has clawed back the brutal early-week slide to the $4,023 six-month low, gapping higher over the weekend and grinding up through the London-NY sessions to retest the week-open zone near today's high at 4345. Price sits above both EMAs with RSI(14) extended into the high-60s following the recovery off the low; the 4218 gap origin and 4280 gap low now sit below as the base of the move. The early-week haven unwind on US-Iran de-escalation set the tone, but sticky inflation keeps a two-way backdrop ahead of midweek risk.
Support: 4,280.00, 4,218.00
Resistance: 4,345.00, 4,363.00
What it said to watch
Loss of the 4280 gap low would question the recovery structure
A close above the 4363 week high opens continuation
FOMC projections Wed Jun 17 18:00 UTC and Retail Sales 12:30 UTC are the week's defining catalysts and can reset this read
09:03 UTC
Recovery uptrend off last week's low · RSI 64 · price 4,337.01
Higher highs/higher lows since weekend gap.
Gold opened this week with a weekend gap higher near $4,296 and has climbed steadily through Monday to ~$4,337, extending the recovery off last week's $4,023 six-month low on Iran-deal optimism and a softer USD. The move cleared the prior $4,246 cap, with RSI(14) cycling in the mid-60s and pullbacks holding above the gap zone. The week high at $4,345 is the immediate barrier.
Support: 4,280.00
Resistance: 4,345.00
What it said to watch
FOMC rate projections Wed 18:00 UTC is the dominant near-term risk and could reshape this read
Close above 4345 week high opens the path higher
Loss of 4280 session low / gap area would signal the recovery stalling
Gold gapped higher into Monday's open (4295.9 vs Friday's 4218 close) and extended to a 4335 session high, recovering most of last week's steep slide to the 4023 six-month low. Price holds above EMA20 with RSI in the low-60s, consolidating in a 4300–4335 band as the rebound stalls. Wednesday's FOMC projections and Retail Sales sit as the week's defining catalyst.
Support: 4,300.00, 4,280.37
Resistance: 4,335.48, 4,351.45
What it said to watch
H1 close above the 4335 session high opens the path to the 4351 prior high
Loss of the 4300 round level exposes the 4280 session low and the 4218 gap fill
FOMC rate projections Wed 18:00 UTC could materially shift this read
08:02 UTC
Rebound, consolidating near highs · RSI 63 · price 4,323.57
Weekend gap up, recovering after week's plunge.
Gold gapped up into Monday's session and rallied to a week high near 4335 after last week's plunge to the 4023 six-month low, now consolidating in a 4300–4330 band above EMA20 and EMA50. The recovery has retraced almost the entire prior down-leg with RSI holding in the low-60s. The metal steadied as US-Iran de-escalation trimmed the safe-haven bid while sticky CPI kept the USD firm.
Support: 4,300.00, 4,280.00, 4,246.00
Resistance: 4,335.00, 4,351.00
What it said to watch
Sustained close above 4335 week high extends the rebound toward 4351 swing high
Close below 4280 gap low reopens the 4246 prior high
FOMC rate projections Wed 18:00 UTC is the week's defining catalyst
Gold gapped higher into this week's open after Thursday's sharp rebound off the 4023 six-month low, rallying through 4335 before stalling and rejecting there. Price holds above EMA20 and EMA50 with RSI cooling off the rally high; the 4246 prior cap has flipped to support on the way up. Two straight weekly losses and a hawkish-Fed backdrop frame the bounce as a counter-move rather than a fresh leg.
Support: 4,285.00, 4,246.00, 4,218.00
Resistance: 4,335.00, 4,363.00
What it said to watch
H1 close above the 4335 week high opens the path toward 4363 prior high
Failure to hold the 4285 session low exposes the 4218 pre-gap zone
FOMC rate projections Jun 17 18:00 UTC is the week's defining catalyst and could reset this read
US-Iran MoU headlines from the G7 could drag the safe-haven bid
Higher lows since the low, consolidating under week high.
A violent week: gold plunged from ~$4,340 to a six-month low near $4,024 on hawkish-Fed bets and a 200-DMA break, then rebounded ~3.5% into Thursday's NY session after Iran de-escalation headlines. Price gapped up over the weekend to ~$4,296 and pushed to the week high at 4335 before easing back to 4306, holding above EMA(20) and EMA(50). The 4285 gap low has so far based the pullback while the 4246 prior cap now sits below as support.
Support: 4,285.00, 4,246.00
Resistance: 4,335.48
What it said to watch
Loss of 4285 gap low would open the gap-fill path toward the 4246 prior cap
Hourly close above 4335 week high extends the recovery leg
FOMC projections Jun 17 18:00 UTC (Warsh's first) is the week's defining catalyst and could reset this read
Gold collapsed ~$340 from 4363 to a 4023 six-month low earlier in the window as hot US CPI/PPI revived Fed-hike bets, then carved higher lows on US-Iran de-escalation and a softer USD. The new week opened with a gap up to 4295 and price has extended to the 4310-4330 zone, with RSI(14) holding the mid-60s and price clear of both EMA20 and EMA50. Resistance at 4335 capped the latest push, leaving the week-high band as the immediate cap.
Support: 4,280.37
Resistance: 4,335.48, 4,363.46
What it said to watch
FOMC dot plot Jun 17 18:00 UTC and Retail Sales 12:30 UTC are the dominant catalysts that could shift this read
H1 close above 4335 opens the path toward the 4363 swing high
Failure to hold 4280 exposes the gap toward 4218 prior close
05:03 UTC
Recovery uptrend off the low · RSI 67 · price 4,328.74
Higher lows since the 4023 base, gap-extended.
Gold has staged a sharp recovery off the $4,023 six-month low printed last week, riding a rising line of higher lows, then gapped higher over the weekend to reopen near 4286 as US-Iran detente softened the USD. Price extended through the Asian session toward the 4335 session high and holds well above EMA20. RSI(14) is elevated near 67 after the run, with the move tracing a clean recovery impulse.
Support: 4,280.37
Resistance: 4,335.48, 4,363.46
What it said to watch
Loss of the 4280 post-gap low would expose the 4218 gap fill
H1 close above 4335 session high opens the path toward 4363 prior high
FOMC projections Jun 17 18:00 UTC is the dominant catalyst and could materially shift this read
Gold has clawed back almost the entire week's $340 collapse, basing around the 4023 six-month low before a weekend gap higher on US-Iran de-escalation and a softer USD. Early-week trade is pressing the 4335 session high with RSI(14) elevated near 66, sitting well above EMA20 and EMA50. The 4218-4285 gap remains unfilled beneath price.
Support: 4,285.00
What it said to watch
FOMC dot plot (Jun 17, 18:00 UTC) is the dominant catalyst and can reset this read
H1 close above 4335 opens the path back to the 4363 week high
Failure to hold 4285 risks a fill of the weekend gap toward 4218
04:02 UTC
Recovery, momentum firm · RSI 65 · price 4,325.78
Higher lows off the low, weekend gap up.
Gold opened the week with a sizeable gap up to 4295 after Thursday's rebound from the six-month low near 4023, with US-Iran de-escalation softening the USD. Price has extended through the gap to test 4335, holding well above EMA20 and EMA50, and RSI(14) has cycled into the mid-60s. The recovery sits on a chain of higher lows but trades into the prior 4335-4363 supply shelf.
Support: 4,295.00
Resistance: 4,335.48, 4,363.46
What it said to watch
FOMC dot plot Jun 17 18:00 UTC is the dominant catalyst and can reshape this read
Retail Sales Jun 17 12:30 UTC could shift USD ahead of the decision
H1 close back below 4295 reopens the weekend gap toward 4218
Acceptance above 4335 opens the path to the 4363 prior high
Gold gapped higher into the new week, opening near 4296 and extending to 4330 — recovering most of the prior week's ~$340 slide from 4363 to the 4023 six-month low. The bounce has carved a series of higher lows and RSI(14) has pushed toward 68 with price holding above EMA20 and EMA50. Resistance at 4351 marks the prior-week high cluster; the 4295 gap open is the first support reference below.
Support: 4,295.00
Resistance: 4,351.45, 4,363.46
What it said to watch
H1 close above 4351 opens the path toward the 4363 week high
Failure to hold the 4295 gap open exposes the 4218 prior range
FOMC projections and Retail Sales (Jun 17) are the dominant catalysts for coming sessions
03:02 UTC
Recovery uptrend off the lows · RSI 68 · price 4,330.83
Higher lows since the $4,036 base, near week highs.
Gold has retraced almost the entire week's $400 slide, basing twice near $4,036 before a weekend gap higher and a steady grind through the Monday session that now prints $4,330. Price sits above EMA(20) and EMA(50) with RSI(14) pushing into the high-60s as the oversold bounce off the six-month low extends toward the prior swing highs. The $4,351-$4,363 zone capped the week's opening and is the next overhead test.
Support: 4,294.00
Resistance: 4,351.00, 4,363.00
What it said to watch
Sustained trade above 4351 opens the path back toward the 4363 week high
Loss of the 4294 gap base would signal the recovery is stalling
FOMC projections + Retail Sales (Jun 17) are the dominant catalysts that can reshape this read
Gold cratered ~$340 to a six-month low at 4023 mid-week as in-line CPI and firm oil kept Fed-hike bets alive, then carved higher lows into Friday. The new week gapped open above 4285 on Iran de-escalation and a softer USD, with H1 RSI elevated near 68 and price riding above EMA20 and EMA50. The 4340 prior swing and 4363 week high cap the recovery, while the unfilled gap toward the 4218 pre-gap close sits below.
Support: 4,285.00, 4,218.00
Resistance: 4,340.00, 4,363.00
What it said to watch
FOMC dot plot Jun 17 18:00 UTC and Retail Sales 12:30 UTC are the dominant catalysts for this read
H1 close back below 4285 reopens the weekend gap toward 4218
Rejection at the 4340 prior swing would stall the recovery
01:03 UTC
Downtrend, recovering off lows · RSI 62 · price 4,292.43
Weekend gap up after a sharp weekly selloff, basing.
Price opened the new week with a weekend gap up to ~4290 after a brutal ~$400 selloff from the 4363 high to a 4023 six-month low earlier in the window, where Iran de-escalation and a softer USD sparked an oversold recovery. The gap leaves price well above EMA20 (~4237) and EMA50, with the first three post-gap bars holding the 4285–4309 zone. The 4309 session high has capped the open while 4218 marks the unfilled gap floor.
Support: 4,170.21
Resistance: 4,309.03
What it said to watch
H1 close back below 4218 fills the weekend gap and reopens downside toward 4170
FOMC rate projections / dot plot (Jun 17, 18:00 UTC) is the dominant catalyst into the week
Failure to clear 4309 keeps the recovery bounce capped
Recovery off 4023 low, weekend gap up above range.
Gold suffered a ~$400 selloff to a 4023 six-month low earlier this week before basing and recovering toward 4218; the new week opened with a gap up to 4285 and price has stabilised near 4292. The bounce — fuelled by Iran de-escalation softening the USD — sits above both EMA(20) and EMA(50), with RSI(14) recovered into the low-60s. The 4309 session high has capped the first push, while the 4218–4280 gap zone marks where this advance was launched.
Support: 4,280.00, 4,218.00, 4,023.00
Resistance: 4,309.00, 4,340.00
What it said to watch
H1 close above 4309 opens the path toward the 4340 prior high
Loss of 4280 reopens the 4218 gap base and a fade of the gap
FOMC projections and Retail Sales on Jun 17 are the dominant catalysts and could reset this read
After a vicious ~$400 slide to the $4,023 six-month low mid-week, gold based and recovered through Thursday-Friday before a weekend gap up reopened the week near 4285. Price now sits above EMA20/EMA50 at 4295 with RSI mid-60s, retracing most of the dominant down move as Iran de-escalation softened the USD. The broader weekly read stays bearish per the macro digest, but H1 structure shows a sustained corrective bounce while above 4280.
Support: 4,280.00, 4,218.00
What it said to watch
H1 close back below 4218 fills the weekend gap and negates the breakout
Hold above 4280 keeps the recovery structure intact
FOMC projections Jun 17 18:00 UTC is the dominant catalyst for this read