XAU/USD AI Live Scan, 1-hour chart, Wednesday, 15 July 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.

23:03 UTC

Recovered off lows, now ranging · RSI 51 · price 4,059.96

Consolidation above 4000 after two-week-low rebound.

Gold sold nearly 3% early week into a two-week low near 3983 before the soft CPI/PPI prints sparked a ~2% rebound, seen in the sharp NY-session spike to 4103. Price has since drifted back and is consolidating in the 4028–4085 band, holding above EMA20/EMA50 with RSI(14) cycling around the midline. The 4100 area has capped the rebound each time it has been probed.

Support: 4,028.00, 4,000.00, 3,983.00

Resistance: 4,085.00, 4,100.00

What it said to watch

  • H1 close above 4085 then 4100 resistance would extend the rebound
  • Loss of 4000 psych opens the 3983 two-week low and 3940/60 below
  • US Retail Sales Thu 16 Jul 12:30 GMT could break this range

23:03 UTC

Rebound stalling, ranging · RSI 52 · price 4,059.96

Range above 4000 after V-recovery off 3983.

Gold sold off to a two-week low near 3983 early week, then spiked to 4103 on the soft CPI/PPI relief before supply capped the move. Since then price has consolidated above 4000, chopping either side of the EMA(20) with RSI(14) hovering near 50. The 4081-4103 band has rejected the rebound twice; the low-4000s remain the pivot into US Retail Sales.

Support: 4,033.00, 4,000.00, 3,983.00

Resistance: 4,081.00, 4,103.00

What it said to watch

  • US Retail Sales Thu 12:30 GMT is the week's key catalyst and could break this range
  • H1 close above 4081 opens the path back to 4100/4103
  • Loss of 4033 exposes the 4000 psych level and the 3983 two-week low

22:03 UTC

Recovered off lows, ranging · RSI 53 · price 4,060.48

Range above 4000 after midweek washout.

Gold sold off from Monday's 4128 open to a 3986 two-week low midweek, then rebounded on the soft CPI/PPI prints to spike 4103 before stalling. Price has since chopped in a range above the 4000 psych, holding the 4030 range base with RSI(14) neutral near mid-range. The 4103 wk high and 4081 session high have capped the rebound.

Support: 4,030.00, 4,000.00, 3,983.00

Resistance: 4,081.00, 4,103.00

What it said to watch

  • H1 close above 4103 wk high reopens the 4110 area
  • Failure to hold 4030 range base exposes 4000 psych and the 3983 2wk low
  • US Retail Sales Thu 12:30 GMT could break this range either way

22:03 UTC

Recovering off week low, momentum flat · RSI 54 · price 4,060.48

Consolidation above 4000 after V-shaped rebound.

Gold sold off to a 3983 two-week low early in the week on hawkish-Fed fears, then carved a rounded bottom and spiked back toward 4100 as soft CPI/PPI cooled hike bets. Price has since been rejected at 4100 and is consolidating in a 4020–4081 band, holding above the 4000 psych level; the current NY session capped at 4081 and drifted back to 4060. RSI(14) sits mid-range near 53 with price hugging EMA20.

Support: 4,020.00, 4,000.00, 3,983.00

Resistance: 4,081.30, 4,100.00

What it said to watch

  • H1 close above 4100 (rejected twice) opens the path toward 4110+
  • Loss of 4000 psych confirms a break lower toward the 3983 two-week low
  • US Retail Sales Thu 12:30 GMT could materially shift this range read

21:05 UTC

Recovery off midweek low, momentum flat · RSI 53 · price 4,060.48

Consolidation above 4000 after V-recovery.

Gold sold off to a two-week low near 3983 early week on hike fears, then rebounded through Tuesday's soft CPI and Wednesday's downside PPI back toward 4100 before stalling. Price now consolidates in a 4033–4081 range, holding above EMA20 and the 4000 psych level, with RSI(14) cycling around the midline. Repeated rejections at 4100/4103 have capped the rebound.

Support: 4,033.00, 4,000.00, 3,983.00

Resistance: 4,081.00, 4,103.00

What it said to watch

  • US Retail Sales Thu 12:30 GMT could materially shift this read
  • H1 close above 4103 opens the path back toward 4110+
  • Failure to hold 4000 psych reopens the 3983 two-week low

21:05 UTC

Sideways, consolidating above 4000 · RSI 53 · price 4,060.48

Range after V-recovery off two-week low.

Gold sold off to a two-week low near 3986 mid-week before a sharp recovery bar reclaimed the low-4100s after cooler CPI/PPI knocked the dollar. Since then price has coiled between 4033 and 4081, holding above EMA20 (~4045) with RSI(14) cycling near the midline — an inside-range consolidation. The 4100/4110 zone capped the rebound and 4000 remains the psychological pivot below.

Support: 4,033.00, 4,000.00, 3,986.00

Resistance: 4,081.00, 4,103.00, 4,110.00

What it said to watch

  • US Retail Sales Thu 16 Jul 12:30 GMT could break this range in either direction
  • H1 close above 4081 opens the 4103/4110 cap
  • Loss of 4000 exposes the 3986 two-week low

20:03 UTC

Recovery off lows, momentum stalling · RSI 49 · price 4,055.34

Range above 4000 after v-shaped bounce.

Gold sold off hard early in the week from the 4130s to a 3983 two-week low on the Waller hike scare, then snapped back through 4100 as soft CPI and PPI misses cooled Fed-hike bets. Since that spike the pair has ranged in the low-4000s, capped near 4080 on lower highs and holding above the 4020 range low, with RSI(14) flat around 49 and price hugging EMA20. Price sits mid-range at 4055 with no clear directional resolution.

Support: 4,020.00, 4,000.00, 3,983.00

Resistance: 4,080.00, 4,103.00, 4,110.00

What it said to watch

  • US Retail Sales Thu 16 Jul 12:30 GMT is the key risk that could break this range
  • H1 close above 4080 would reopen the 4103/4110 rebound-high zone
  • Loss of 4020 range low exposes the 4000 psych level and 3983 two-week low

20:03 UTC

Recovery off lows, momentum stalling · RSI 51 · price 4,055.34

Range-bound above 4000 psych.

Gold rebounded from the 3983 two-week low, spiked to 4103 on the soft CPI/PPI misses, then faded back into the low-4000s where it has been consolidating for two sessions. Price sits just above EMA20/EMA50 with RSI hovering near 50, and the 4081/4103 zone has capped the rebound as oil/Iran inflation risk offsets the dovish data. The 4000 psychological level remains the pivot underpinning the range.

Support: 4,033.00, 4,000.00, 3,983.00

Resistance: 4,081.30, 4,103.00, 4,110.00

What it said to watch

  • H1 close above 4081 reopens the 4103/4110 cap zone
  • Loss of 4033 then 4000 psych exposes the 3983 two-week low
  • US Retail Sales Thu 12:30 GMT could break this range

19:03 UTC

Recovery stalling into range · RSI 53 · price 4,061.13

Consolidation above prior-week low.

Gold recovered from the two-week low near 3986 after soft CPI/PPI cooled hike bets, spiking to 4103 before supply capped the move around the 4100 area. Price has since drifted into a tight consolidation in the low-4060s, holding above EMA20 with RSI(14) mid-range near 53. The week has been two-way, with buyers defending the 4020 higher-lows zone and 4100 repeatedly rejecting.

Support: 4,020.00, 4,000.00

Resistance: 4,103.04

What it said to watch

  • US Retail Sales Thu 12:30 GMT could materially shift this read
  • Hourly close below 4020 opens the path to 4000 psych and the 3986 two-week low
  • Reclaim of 4100 needed to extend the recovery toward the 4103 week high

19:03 UTC

Recovering from selloff, momentum flat · RSI 51 · price 4,061.13

Consolidation above 4030 after rebound off two-week low.

Gold rebounded ~3% off the two-week low near 3983 after the soft CPI/PPI prints unwound Fed-hike bets, spiking to 4103 before rejection capped the move. Price has since consolidated in the low-4000s, holding above EMA(20) and EMA(50) with RSI(14) cycling around the midline. The 4081/4103 band has capped every push this week while 4030 has contained the pullbacks.

Support: 4,030.00, 4,000.00, 3,983.00

Resistance: 4,081.00, 4,103.00, 4,128.00

What it said to watch

  • H1 close above 4103 opens the path back toward 4128 prior high
  • Loss of 4030 range low exposes 4000 psych and the 3983 two-week low
  • US Retail Sales Thu 16 Jul 12:30 GMT could break this consolidation either way

18:03 UTC

Downtrend easing, recovery underway · RSI 53 · price 4,064.28

Higher lows off 3983; ranging under 4076.

Gold sold off from Monday's ~4128 open to the 3983 two-week low mid-week, then spiked back above 4100 on soft CPI/PPI prints before settling. Price is now consolidating 4030–4076, sitting near the 50% retrace of the week's down move and holding above both EMAs. RSI(14) has cycled back to the mid-50s as higher lows build off 3983.

Support: 4,033.00, 4,000.00, 3,983.00

Resistance: 4,076.00, 4,103.00

What it said to watch

  • H1 close above 4076 opens the path toward the 4103 week high
  • Failure to hold 4033 day low exposes 4000 psych and the 3983 two-week low
  • Thu 12:30 UTC US Retail Sales could materially shift this read

18:03 UTC

Recovery off lows, momentum flattening · RSI 54 · price 4,064.28

Range after V-shaped bounce from 2wk low.

Gold slid from Monday's ~4138 top to a 3983 two-week low before a sharp CPI/PPI-relief spike drove it back to the 4103 spike high, and price has since settled into a 4027-4074 range. It sits above EMA20 and EMA50 with RSI cycling near the mid-50s, so the bounce has stabilised without extending. The 4000 psych level and 3983 low are the base of this week's structure while the 4110 cap remains untested.

Support: 4,027.00, 4,000.00, 3,983.00

Resistance: 4,074.00, 4,103.00, 4,110.00

What it said to watch

  • Fed Warsh testimony (14:00 UTC) is the immediate driver and can reprice this range
  • H1 close above 4103 opens the path to the 4110 wk cap
  • Loss of 4027 swing low reopens 4000 psych and the 3983 2wk low
  • Thu 12:30 UTC US Retail Sales could shift the read

17:04 UTC

Recovery stalling, pulling back · RSI 45 · price 4,036.64

Lower highs since spike, consolidation.

Gold rebounded off the $3,983 two-week low and spiked to 4103 on the soft CPI/PPI relief, but that impulse has faded through the NY session with lower highs printing at 4074. Price is now consolidating in the 4020-4074 band, sitting below EMA(20) with RSI(14) cycling in the mid-40s. The pullback stalled around the 4036 area after rejection at 4074.

Support: 4,020.00, 4,000.00, 3,983.00

Resistance: 4,074.00, 4,103.00

What it said to watch

  • Warsh testimony fallout and Fed Beige Book (18:00 UTC) could materially shift this read
  • H1 close above 4074 day high reopens the 4103 spike high
  • Loss of 4020 swing low exposes the 4000 psych level and 3983 weekly low

17:04 UTC

Recovery stalling, ranging · RSI 47 · price 4,036.64

Range after sweep of 3983 low.

Gold swept the 3983 two-week low earlier in the week, then rebounded to a 4103 spike high on soft CPI/PPI paring Fed-hike bets. Price has since faded back to 4036, capped at 4074 into the NY session and slipping under EMA(20) as the CPI relief cools. Structure is a 4020-4074 range with lower highs off the spike.

Support: 4,020.00, 4,000.00, 3,983.00

Resistance: 4,074.00, 4,103.00, 4,110.00

What it said to watch

  • Fed Chair Warsh testimony (14:00 UTC) is the immediate driver for USD and hike odds
  • H1 close below 4020 range low opens 4000 psych and the 3983 2wk low
  • H1 close above 4074 session high challenges the 4103 spike high and 4110 cap
  • Thu US Retail Sales (12:30 UTC) could materially shift this read

16:03 UTC

Recovery off lows, momentum flattening · RSI 49 · price 4,046.97

Range after two-week-low bounce.

Gold gapped lower into Monday's open and tested the $3,983 two-week low before soft June CPI and today's across-the-board PPI misses fuelled a rounded recovery back to ~$4,050. The impulse peaked at $4,103 during the NY session then faded; price has since coiled between 4020 and 4074 and now sits near EMA(20) with RSI(14) mid-range. The 4074 high has capped the latest attempt, keeping the metal boxed under the 4103-4110 cap.

Support: 4,020.00, 4,000.00, 3,983.00

Resistance: 4,074.00, 4,103.00

What it said to watch

  • H1 close above 4074 reopens the 4103 weekly cap
  • Failure to hold 4020 exposes 4000 psych and the 3983 2wk low
  • US Retail Sales Thu 12:30 UTC could break the range

16:03 UTC

Recovery, momentum flattening · RSI 49 · price 4,046.97

Consolidation above reclaimed EMA20.

Gold rebased off the $3,983/4,000 two-week low after soft CPI and today's PPI misses pared Fed-hike bets, spiking to ~$4,103 before easing back to $4,046 around EMA20. Price has spent the last day ranging 4020-4074 with RSI(14) cycling near the midline, framing the move as consolidation after the recovery impulse. The $4,074 session high has capped the latest attempt.

Support: 4,020.00, 4,000.00

Resistance: 4,074.11, 4,103.04, 4,110.00

What it said to watch

  • H1 close above 4074 reopens the path to the 4103 spike high and 4110 weekly cap
  • Failure to hold 4020 breaks the rising support and exposes 4000 psych
  • Warsh testimony (14:00 UTC) and Thu retail sales could materially shift this read

15:03 UTC

Rebound off week's low, consolidating · RSI 54 · price 4,061.23

Higher lows off 3983 base, range top capping.

Gold has clawed back from the $3,983 two-week low, with the sharp CPI-driven spike to 4103 marking the dominant move of the week after soft CPI and today's PPI misses pared Fed-hike bets. Price has since settled into a 4030-4074 consolidation and now trades at 4061, holding above EMA20 with RSI(14) cycling mid-range near 54. The recovery high at 4103 remains untested since the pullback.

Support: 4,030.00, 4,000.00, 3,983.00

Resistance: 4,074.00, 4,103.00

What it said to watch

  • H1 close above 4074 opens the path back toward the 4103 spike high
  • Failure to hold 4030 exposes the 4000 psych level and 3983 low
  • Thu 12:30 UTC US Retail Sales could reprice the soft-data narrative and shift this read

15:03 UTC

Recovery off two-week low, momentum flattening · RSI 55 · price 4,061.23

Higher lows since $3,983 base, capped below $4,076.

Gold based twice around $3,983-$3,993 into midweek then spiked to $4,103 as soft CPI and today's PPI misses pared Fed-hike bets. Since that impulse price has chopped $4,017-$4,076 and now sits mid-range at $4,061, holding above EMA(20) and EMA(50) with RSI(14) cycling near 55. The $4,076 session high has capped the latest push; $4,020 marks the range floor buyers have defended.

What it said to watch

  • H1 close above $4,076 reopens the $4,103 spike high and $4,110 wk cap
  • Failure to hold $4,020 range low reopens $4,000 psych and the $3,983 2wk low
  • Warsh testimony just crossed (14:00 UTC) and Thu 12:30 UTC US Retail Sales could reset this range read

14:03 UTC

Recovering off lows, momentum building · RSI 56 · price 4,061.29

Higher lows since the 3983 base.

Gold based at ~3983 early in the week and has carved higher lows since, with a sharp H1 impulse on the soft CPI print spiking to 4103 before consolidating. Price sits at 4061, holding above EMA20 and EMA50, RSI cycling in the mid-50s. The soft PPI miss kept the disinflation read intact, but 4074 has already capped the latest push.

Support: 4,028.00, 4,000.00, 3,983.00

Resistance: 4,074.00, 4,103.00, 4,110.00

What it said to watch

  • Warsh testimony (14:00 UTC) is the immediate driver and can materially shift this read
  • H1 close above 4074 opens the path back to the 4103-4110 cap
  • Loss of the 4028 higher low reopens 4000 psych and the 3983 two-week low

14:03 UTC

Recovering off two-week low, choppy · RSI 55 · price 4,061.29

Double bottom near 3983, higher lows building.

The dominant move this week was the slide from 4136 to the 3983 two-week low, before soft CPI/PPI sparked a sharp rebound that spiked back toward 4103. Price now sits at 4061, right on the 50% retracement of that selloff, with higher lows building off the 3983 base since Monday's session. Buyers reclaimed EMA(20) and EMA(50) on the recent push to 4074.

Support: 4,028.00, 4,000.00, 3,983.00

Resistance: 4,074.00, 4,103.00

What it said to watch

  • H1 close above 4074 session high opens the path to 4103 prior high
  • Failure to hold 4028 range base risks a retest of 4000 psych and the 3983 2-week low
  • Warsh testimony at 14:00 UTC is the live driver and could materially shift this read

13:04 UTC

Recovering off week low, capped sub-4100 · RSI 57 · price 4,066.12

Range within last week's band, higher lows off 3983.

Gold rebounded from the sub-4000 week low (3983) after soft June CPI and today's cool PPI knocked the USD, spiking to 4103 in the NY session before fading; the 4100 cap has held on every attempt this week. Price has since carved a series of higher lows off the low and pushed back to 4066 into the current session. RSI(14) is mid-range near 57 with price holding above EMA20 and EMA50.

Support: 4,020.00, 4,000.00

Resistance: 4,100.00, 4,110.00

What it said to watch

  • Warsh testimony at 14:00 UTC is the near-term driver and could materially shift this read
  • H1 close above 4100 opens the path back to the 4110 range top
  • Failure to hold 4020 range base reopens 4000 and the 3983 week low

13:04 UTC

Recovering off week lows, capped below 4100 · RSI 59 · price 4,066.12

Higher lows since the selloff base, range top intact.

Gold gapped lower into the week and sold off to a 3985 base before soft June CPI and today's cool PPI sparked a sharp recovery spike toward 4103, which faded fast and left price offered back into the 4020-4070 zone. Since then buyers have built a series of higher lows off 4020 while the 4100 handle has capped every attempt. Price is back above EMA20 and EMA50 with RSI cycling near 59, sitting roughly at the 50% retrace of the 4136-3986 drop.

Support: 4,020.00, 4,000.00, 3,985.00

Resistance: 4,100.00, 4,136.00

What it said to watch

  • Warsh testimony 14:00 UTC is the near-term driver and could shift this read sharply
  • H1 close above 4100 opens the path back toward 4136
  • Failure to hold the 4020 week base reopens 4000 psych and the 3985 week low

12:03 UTC

Recovery off lows, momentum flattening · RSI 51 · price 4,039.38

Sharp rebound then consolidation below EMA20.

Gold rebounded ~2% off the two-week low near 3983 after Tuesday's soft US CPI print, spiking to 4103 during NY hours before fading back toward 4040. Since then price has consolidated in a 4020-4066 band, capped by the spike area around 4085 and hugging the flattening EMA20 with RSI(14) parked near 50.

Support: 4,020.00, 4,000.00, 3,983.00

Resistance: 4,066.00, 4,085.00, 4,110.00

What it said to watch

  • US PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read
  • H1 close above 4066 then 4085 opens the path to 4110 resistance
  • Failure to hold the 4020 range low reopens 4000 psych and the 3983 two-week low

12:03 UTC

Rebound off lows, momentum fading · RSI 47 · price 4,039.38

Consolidating below EMA20 after CPI spike.

Gold snapped ~2% off the two-week low near 3983 after Tuesday's soft US CPI print, spiking to 4103 before sellers faded it back into a 4020-4062 range. Price now sits just below EMA(20) near 4039 with RSI(14) drifting mid-40s as the rebound momentum cools. The descending lower highs since the CPI spike frame the immediate consolidation.

Support: 4,020.00, 4,000.00, 3,983.00

Resistance: 4,062.00, 4,076.00, 4,103.00

What it said to watch

  • US PPI at 12:30 GMT could materially shift this read
  • H1 close above 4062 lower high opens the path to 4076/4103
  • Failure to hold 4020 range low exposes 4000 psych and the 3983 2wk low

11:03 UTC

Recovery stalled, drifting lower · RSI 43 · price 4,031.10

Post-spike fade, consolidating below EMAs.

Gold spiked hard Wednesday off the two-week low at 3983 to 4103 on the soft US CPI miss, then faded through the NY session back toward 4031 — sitting on the 61.8% retracement of that impulse. Price is holding below EMA20 with RSI(14) in the mid-40s, and the 4062 prior high has capped the pullbacks since. Below-EMA drift keeps the recovery on hold rather than extending.

Support: 4,017.00, 4,000.00, 3,983.00

Resistance: 4,062.00, 4,085.00, 4,103.00

What it said to watch

  • Core PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
  • H1 close above 4062 prior high reopens the path toward 4085
  • Failure to hold 4017 session low exposes the 4000 psych level

11:03 UTC

Consolidating after CPI spike, lower highs · RSI 45 · price 4,031.10

Range/fade below 4062 after 4103 rejection.

Gold ripped from a two-week low near 3983 to 4103 as soft June CPI unwound Fed-hike bets, but the spike was rejected and price faded through the NY session, now consolidating near 4030 below EMA(20). A series of lower highs has formed since the reversal, with 4062 capping the last bounce; RSI(14) sits mid-40s. Demand around the 4017 area has held so far, keeping price pinned between there and the descending highs.

Support: 4,017.00, 4,000.00, 3,983.00

Resistance: 4,062.00, 4,103.00

What it said to watch

  • PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
  • H1 close below 4017 confirms a lower low, opening the 4000 psych level
  • H1 close above 4062 breaks the descending lower highs

10:03 UTC

Post-rebound pullback, momentum fading · RSI 43 · price 4,029.92

Consolidation after retracing the CPI spike.

Gold spiked ~2% off the $3,986 week low to $4,103 on Tuesday's soft US CPI print, but has since bled back to the 61.8% retracement near 4030 and stalled below EMA20. Since that spike, price has carved lower highs and settled into a tight 4017-4040 consolidation, capped on rebounds toward 4045. RSI(14) sits mid-40s, reflecting the loss of upside momentum without a fresh impulse lower yet.

Support: 4,017.00, 4,000.00, 3,986.00

Resistance: 4,045.00

What it said to watch

  • Core PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read
  • H1 close below 4017 opens the path back toward the 4000 psych level and 3986 week low
  • Reclaim of the 4045 ema20 would neutralise the lower-high sequence

10:03 UTC

Downtrend this week, rebound fading · RSI 43 · price 4,029.92

Lower highs since CPI spike, consolidating near 4030.

Gold spiked to 4103 on yesterday's soft June CPI print, then faded steadily through the NY session to consolidate near 4030, holding just above the 4020 session low. Price sits below both the H1 EMA20 and EMA50 with RSI(14) cycling in the low 40s, and the 4076 spike high has capped the two subsequent bounces. The week's structure remains a series of lower highs off the 4103 rebound peak, with the 4000 psychological level and 3983 week low the reference points below.

Support: 4,020.00, 4,000.00

Resistance: 4,076.31, 4,103.04

What it said to watch

  • Core PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
  • H1 close back above 4076 spike high would reset the fading rebound structure
  • Loss of 4020 session low opens the path to the 4000 psych level, then 3983 week low

09:04 UTC

Recovery stalling, pulling back · RSI 43 · price 4,033.15

Lower highs since the CPI bounce peak.

Gold sold off to the $3,983 two-week low earlier this week before soft June CPI drove a near-2% relief spike to the 4103 bounce high in the NY session. That move has since faded into a series of lower highs, with price trading below EMA(20) and back toward the 4017 day low and the 4000 psych pivot.

Support: 4,017.41, 4,000.00, 3,983.00

Resistance: 4,066.18, 4,103.04, 4,110.00

What it said to watch

  • US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially reprice this read
  • H1 close below 4000 psych opens the 3983 two-week low
  • Reclaim of the 4066 prior high needed to re-challenge the 4103 bounce high and 4110 ocbc res

09:04 UTC

Corrective pullback after CPI spike · RSI 44 · price 4,033.15

Lower highs off 4103, consolidating sub-EMA20.

Gold ripped nearly 2% off the 3983 two-week low to 4103 on the soft June CPI print, then faded steadily through the NY session and into today back to 4033. Price is carving lower highs beneath EMA20 with RSI mid-range, unwinding roughly 60% of the CPI impulse. US PPI at 12:30 GMT is the immediate driver into the next bars.

Support: 4,017.00, 4,000.00, 3,983.00

Resistance: 4,050.00, 4,103.00

What it said to watch

  • US PPI at 12:30 GMT — a hot core print could pressure back toward 4000 psych and the 3983 2wk low
  • H1 close above 4050 swing high challenges the lower-highs sequence
  • Loss of 4017 swing low confirms continuation toward 4000

08:03 UTC

Post-spike fade, lower highs · RSI 39 · price 4,022.24

Recovery stalling, retracing CPI bounce.

Gold spiked to 4103 on Tuesday's soft US CPI print, then faded steadily through the NY session, printing lower highs back toward the 4000 psychological pivot. Price now trades below EMA(20) and EMA(50) with RSI(14) sub-40, and more than half of the CPI bounce has been retraced. Resistance at 4060 has capped each recovery attempt since the spike.

Support: 4,000.00, 3,986.00

Resistance: 4,060.00, 4,103.00

What it said to watch

  • H1 close below 4000 opens the path toward the 3986 swing low
  • Reclaim of 4060 needed to re-challenge the 4103 spike high
  • Core PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read

08:03 UTC

Range-bound, near-term fading · RSI 41 · price 4,022.24

Post-spike lower highs into 4000 psych.

Gold spiked to 4103 on yesterday's soft June CPI print, then bled the entire move back over the NY-to-Asia handoff and now trades at 4022, hugging the 4000 psych level. Price sits below EMA20 (~4045) with a run of lower highs since the spike, and RSI has cooled into the low 40s. The 3986 two-week low remains the key structural floor from earlier in the week's gap-down.

Support: 4,000.00

Resistance: 4,045.00, 4,076.00, 4,103.04

What it said to watch

  • Core PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
  • Close below 4000 psych opens the path to the 3986 two-week low
  • Reclaim of the 4045 ema20 needed to re-challenge the 4076 prior high

07:03 UTC

Recovery fading, momentum rolling over · RSI 44 · price 4,030.69

Spike high then lower highs into 4030.

Gold ripped from the 3983 week low to a 4103 spike on yesterday's soft US CPI print, but the move was sold back and price has since carved lower highs down to 4030. It sits below both EMA(20) and EMA(50) with RSI(14) in the mid-40s, and 4066 has capped every bounce during the NY session. The 4000-4110 range from the digest still frames the picture ahead of PPI.

Support: 4,021.00, 4,000.00, 3,983.00

Resistance: 4,066.00, 4,103.00

What it said to watch

  • PPI batch at 12:30 GMT plus Warsh testimony could materially shift this read
  • H1 close below 4021 confirms a lower low toward 4000
  • Reclaim of 4066 needed to reopen the 4103 spike high

07:03 UTC

Rebound fading after CPI spike · RSI 44 · price 4,030.69

Range 4000-4103, retracing the bounce.

Gold spiked from the 3986 week low to 4103 on the soft June CPI miss, then faded through the NY session back to 4030 — now sitting on the 61.8% retracement of that bounce and below EMA20. Successive lower highs from 4103 have capped attempts, while the 4000 psychological pivot has held on the way down. Price is range-bound between 4000 support and the 4103 spike high.

Support: 4,021.00, 4,000.00

Resistance: 4,062.00, 4,103.04

What it said to watch

  • Core PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could re-arm or unwind the post-CPI move
  • Loss of 4021 swing low exposes the 4000 psych pivot
  • H1 close back above 4062 lower high reopens the 4076-4103 zone

06:03 UTC

Recovery off lows, momentum fading · RSI 42 · price 4,032.22

Bounce off 3983, now retracing the CPI spike.

Gold swept the 3983 low then ripped ~2% to 4103 on the soft June CPI print before fading back through the NY session to 4032. Price now sits below EMA20 and EMA50 with RSI back near 42, so the post-CPI relief bounce is being given back; 4066 capped the last recovery attempt and the CPI high at 4103 remains untested.

Support: 4,022.00, 4,000.00, 3,983.00

Resistance: 4,066.00, 4,103.00

What it said to watch

  • H1 close back above 4066 revives the bounce toward the 4103 cpi high
  • Loss of 4022 opens the 4000 psych and prior 3983 low
  • US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read

05:04 UTC

Recovery fading, below EMA20 · RSI 43 · price 4,035.68

Bounce off 3983 low, lower highs since spike.

Gold spiked ~2% to a 4103 spike high on yesterday's soft US CPI print, then faded back through the 4076 fade area to consolidate near 4035, now sitting below EMA20. Price is carving lower highs off that spike while holding above the 4028 recent low; the 3983 prior low remains the base of the week's move. RSI(14) has cooled toward the low 40s as the post-CPI relief bounce loses momentum.

Support: 4,028.00, 4,000.00, 3,983.00

Resistance: 4,076.00, 4,103.00

What it said to watch

  • US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
  • Loss of the 4028 recent low opens the 4000 psych level and 3983 prior low
  • H1 close back above 4076 fade area reopens the 4103 spike high

04:03 UTC

Recovery fading, momentum rolling over · RSI 40 · price 4,033.00

Lower highs since CPI spike, testing recovery lows.

Gold spiked ~2% to 4103 on Tuesday's soft US CPI print but the move has fully unwound through the NY session, with price back near 4033 — the 61.8% retrace of that recovery leg. It now sits below both EMA20 and EMA50 with RSI(14) rolling toward 40, and 4066 has capped the last attempt higher. Session lows at 4028 are the near-term pivot after the failed push above 4100.

Support: 4,028.00, 4,000.00, 3,983.00

Resistance: 4,066.00, 4,103.00

What it said to watch

  • H1 close below 4028 confirms a lower low toward 4000 psych and the 3983 two-week low
  • Reclaim of 4066 needed to re-open the 4103 cpi high
  • US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read

04:03 UTC

Recovery fading, momentum down · RSI 40 · price 4,033.00

Pullback after rejection at 4100.

Gold spiked ~2% off the 3983 two-week low to 4103 on Tuesday's soft CPI print, but the recovery has since faded steadily through the NY session, giving back most of the pop back to 4033. Price now sits below EMA20 and EMA50 near the 61.8% retrace of that CPI impulse, with RSI(14) sub-45 as sellers press the lower-high sequence from 4103. The 4066 lower high has capped, while 4029–4000 marks the immediate support band.

Support: 4,029.00, 4,000.00, 3,983.00

Resistance: 4,066.00, 4,103.00

What it said to watch

  • US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
  • H1 close back above 4066 negates the lower-high sequence
  • Failure to hold 4029 opens the path to the 4000 psych level and 3983 week low

03:03 UTC

Relief bounce faded, drifting lower · RSI 43 · price 4,036.70

Spike to 4103 rejected, back in range.

Yesterday's NY session spiked gold to 4103 off the two-week low near 3983 as June CPI undershot and gutted Fed hike bets, but the move was fully rejected and price has drifted back to 4036, below both EMA20 and EMA50. RSI(14) has cooled into the low 40s as the metal retraces the CPI impulse toward the 4029 swing low. The broader week has stayed capped below 4110, keeping this a relief bounce rather than a structural turn.

Support: 4,029.00, 4,000.00, 3,983.00

Resistance: 4,062.00, 4,089.00, 4,103.00

What it said to watch

  • H1 close above 4062 reopens the 4089 weekly open and 4103 spike high
  • Loss of 4000 psych exposes a retest of the 3983 week low
  • PPI 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read

02:03 UTC

Post-CPI bounce fading · RSI 42 · price 4,036.13

Recovery from 3983 fully retraced, lower highs off 4103.

Gold snapped ~2% off the 3983 two-week low into yesterday's NY session after June CPI missed across the board, spiking to 4103 in a single bar. That relief bid has since faded the entire move, with price back at 4036 below both EMA20 and EMA50 and RSI(14) rolling into the low 40s. The CPI-driven rebound is looking relief-only rather than trend-changing.

Support: 4,000.00, 3,983.00

Resistance: 4,062.00, 4,103.00

What it said to watch

  • US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
  • Close below 4000 psych opens a retest of the 3983 two-week low
  • Reclaim of 4062 would revive the post-CPI bounce toward 4103

02:03 UTC

Recovery off lows, momentum fading · RSI 43 · price 4,036.13

Rebound from 2-week low, pullback after spike high.

Gold gapped lower into the new week and slid to a 2-week low at 3986.59 as the US-Iran oil/inflation angle revived hike fears. Yesterday's soft June CPI print fired a sharp relief spike to 4103.04, which was then rejected — price has since faded back to 4036 and is now sitting below EMA20/50 with RSI(14) drifting toward 43. The 4062 lower high caps the near-term rebound while the 4000 psych level and 4015 recent low frame the downside.

Support: 4,015.16, 4,000.00, 3,986.59

Resistance: 4,062.11, 4,103.04

What it said to watch

  • US PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read
  • Hourly close below 4015 recent low reopens the 4000 psych and 3986 2-week low
  • Reclaim of 4062 lower high needed to revive the relief bounce toward 4103 spike high

01:04 UTC

Recovering after selloff, momentum slowing · RSI 49 · price 4,060.34

Rebound off two-week low, now consolidating below spike high.

Gold snapped back after soft US CPI yesterday, the 12:00 UTC bar ripping from 4031 to 4103 before fading. Price has since drifted into a 4043–4076 consolidation, sitting on EMA20 with RSI cycling around the midline. The move erased Monday's Waller-scare slide, but the rebound is relief-driven and yet to reclaim the spike high.

Support: 4,043.00, 4,015.00, 4,000.00

Resistance: 4,076.00, 4,103.00

What it said to watch

  • US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
  • H1 close above 4076 opens the path back to the 4103 cpi high
  • Failure to hold 4043 exposes the 4000 psych level and 4015 prior low

01:04 UTC

Rebound off lows, momentum slowing · RSI 53 · price 4,060.34

Recovery from two-week low, consolidating below spike high.

Gold rebounded off the $3,983 two-week low and spiked roughly $80 into the NY session after June CPI undershot forecasts, unwinding Monday's hike scare. Price has since consolidated between 4048 and 4085, holding just above EMA(20) with RSI(14) mid-range near 53. The $4,103 spike high caps the recovery and EMA(50) overhead has yet to be reclaimed.

Support: 4,048.00, 4,000.00

Resistance: 4,085.00, 4,103.00

What it said to watch

  • US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
  • H1 close above 4085 then 4103 spike high extends the relief rally
  • Failure to hold 4048 session low opens the path back toward 4000 psych

00:04 UTC

Recovery off week low, momentum flat · RSI 49 · price 4,052.82

Consolidation after CPI-driven spike and fade.

Gold cratered to a 3986 low mid-week on the oil/hike scare before rebuilding above $4,000; the soft June CPI print then sparked a spike to 4103 that was rejected, with price fading back to 4052. It is now consolidating around the H1 EMA20 near 4050 with RSI mid-range, and the post-spike prior high near 4085 caps upside.

Support: 4,043.00, 4,000.00

Resistance: 4,085.00, 4,103.00, 4,110.00

What it said to watch

  • H1 close above 4103 spike high opens the path to 4110 resistance
  • Loss of the 4043 swing low re-exposes the 4000 psych pivot
  • US PPI Wed 12:30 GMT could materially shift this read

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