XAU/USD AI Live Scan, 1-hour chart, Friday, 17 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.
20:03 UTC
Downtrend this week, bouncing off lows · RSI 54 · price 4,013.29
Recovery off 8-month low, retesting $4,000 pivot.
Gold ran to 4103 midweek on the soft PPI print before Middle East / oil-driven Fed-hike fears reversed it into an 8-month low at 3959.70. Price has since carved a double bottom near 3960 and reclaimed the $4,000 pivot, now sitting around 4013 at roughly the 38.2% retrace of the week's drop. RSI(14) has cycled up off oversold to the mid-50s and price is back above EMA(20) but still capped under EMA(50).
Support: 3,959.70, 3,941.00
Resistance: 4,021.17, 4,050.00
What it said to watch
Sustained hold above the $4,000 pivot keeps the recovery intact; repeated failures below it revive the bearish read
Loss of 3959.70 weekly low reopens the 3941 ytd low
H1 close above 4021 session high extends the bounce toward 4050 supply
Middle East / oil headlines remain the dominant intraweek catalyst
20:03 UTC
Downtrend, bounce off lows · RSI 54 · price 4,013.29
Recovered from 8-month low, back above 4000.
Gold slid to an 8-month low near 3960 mid-week as oil-driven Fed-hike fears firmed the USD, then based twice around 3960 and recovered back through the 4000 pivot into the NY session. Price now sits above EMA(20) with RSI(14) cycling back to the mid-50s, but the broader move off the 4103 spike high remains lower. The 4000 handle, repeatedly failed below this week, is the immediate pivot being retested from above.
Support: 4,000.00, 3,966.00, 3,941.00
Resistance: 4,023.00, 4,062.00, 4,103.00
What it said to watch
Failure to hold 4000 reopens the 3966 week low and 3941 ytd low
H1 close above 4023 day high extends the recovery toward 4062
Middle East / oil headlines remain the dominant intraweek catalyst
19:04 UTC
Downtrend this week, near-term bounce off lows · RSI 55 · price 4,008.89
Recovered off 8-month low, capped below 4020.
Gold slid to an 8-month low near 3959 through mid-week as energy-driven inflation revived Fed-hike bets and firmed the USD, keeping price capped below the 4000 psych pivot. A twin low around 3960-3970 sparked a recovery into the NY session that reclaimed 4000, but the bounce stalled ahead of the 4020 session high. RSI(14) has cycled back to mid-range and price now sits just above EMA20 but under EMA50, keeping the this-week bias tilted lower.
Lower highs off week high, higher low forming off 3960.
Gold spiked to the 4103 week high early in the window then rolled over through a multi-session decline to a 3959.70 recent low, in line with the oil-driven inflation/firmer-USD read that faded the soft CPI/PPI bounce. Buyers stepped in twice near 3960, carving a double bottom, and price has since reclaimed the 4000 psych level, now holding just above EMA(20). The 4023 session high caps the rebound with EMA(50) overhead.
Support: 4,000.00, 3,980.00, 3,959.70
Resistance: 4,060.00, 4,103.04
What it said to watch
H1 close above 4023 session high extends the bounce toward the 4060 prior area
Failure to hold 4000 psych re-exposes the 3980 swing low and 3960 recent low
Gold slid to an 8-month low near 3960 mid-week on oil-driven Fed-hike bets and a firm USD, printing a double bottom before reclaiming the 4000 psych level. The recovery stalled at the day high 4023 with price now easing to 4009, holding above EMA20 but under EMA50. RSI(14) has cycled off oversold back to the low-50s.
Support: 4,000.00, 3,960.00, 3,941.00
Resistance: 4,060.00
What it said to watch
H1 close below 4000 reopens the 3960 week low and 3941 ytd low
A close above 4023 day high opens the path to the 4060 prior high
Oil / US-Iran headlines remain the dominant swing factor for the next legs
17:04 UTC
Downtrend, bouncing off lows · RSI 57 · price 4,016.78
Recovery after sweep of 3960 lows, back above 4000.
Gold spiked to the week's high near 4103 in Monday's session then rolled over, sliding to a fresh low near 3960 before buyers reclaimed the 4000 psychological level. Price now sits at 4016 pressing the 4023 day high, with RSI(14) recovering off oversold. Firm USD and oil-driven inflation fears have kept 4000 as this week's battleground.
Support: 4,000.00, 3,960.00, 3,941.00
Resistance: 4,023.00, 4,060.00, 4,103.00
What it said to watch
H1 close above 4023 opens the path to the 4060 prior high
Failure to hold 4000 psych re-exposes the 3960 swing low and 3941 ytd low
Thin US calendar; oil / US-Iran headlines the swing factor into next sessions
Gold slid to an 8-month low near 3960 into Thursday's session on safe-haven USD demand, then buyers stepped in repeatedly around that level to carve a double bottom. Price has since reclaimed the 4000 round number and trades at 4016, back above EMA20, though the descending run of lower highs from 4081 still caps the week. RSI(14) has lifted off oversold toward the mid-50s as the bounce matured.
Support: 4,000.00, 3,960.00, 3,941.00
Resistance: 4,023.00, 4,060.00
What it said to watch
H1 close above 4023 session high extends recovery toward the 4060 prior high
Failure to hold 4000 round number reopens the 3960 double bottom and 3941 ytd low
Oil / US-Iran headlines remain the dominant driver and could shift this read
Gold spent the week grinding lower after the 4103 spike, sliding to an 8-month low near 3960 as oil-driven inflation fears and a firmer USD revived Fed-hike bets. Buyers stepped in twice around 3960-3970 and price has now reclaimed the 4000 psychological level, trading 4018.5 with RSI cycling back above 50. The 4043 swing high and descending lower-highs line still cap the recovery.
Support: 4,000.00, 3,960.00, 3,941.00
Resistance: 4,043.00, 4,060.00, 4,103.00
What it said to watch
H1 close above 4043 opens the path back toward 4060 prior high
Failure to hold 4000 reopens the 3960 swing low and 3941 YTD low
Oil / US-Iran headlines remain the dominant driver and could shift this read
S&P Global PMIs Jul 24 are the next scheduled catalyst
Gold rolled off Wednesday's 4103 spike into a sub-3970 low, twice basing near 3959-3966 before buyers stepped in and reclaimed the 4000 psych level into today's NY session. Price now sits back above EMA20 with RSI(14) recovering to ~58 off oversold, the bounce off the double-bottom carrying a mild bullish divergence. The move fits the week's driver — oil-inflation/hawkish-Fed pressure that capped gold below 4000 is easing on this leg, though the broader tone stayed heavy.
Support: 4,000.00, 3,966.00, 3,941.00
Resistance: 4,043.00, 4,103.00
What it said to watch
Hourly close back below 4000 reopens the 3966 swing low and 3941 ytd low
Break above 4043 swing high challenges the descending lower-highs from 4103
S&P Global PMIs Jul 24 the main scheduled catalyst; oil/US-Iran headlines the swing factor
15:03 UTC
Downtrend, bouncing off lows · RSI 51 · price 3,998.66
Lower highs, tested 8-month low.
Downtrend since Tuesday's spike high at 4103, printing lower highs into Friday as oil-led reinflation fears kept the USD firm and bullion pinned below $4,000. Gold slid to an 8-month low near 3959 before a sharp, high-volume bounce reclaimed the $4,000 pivot; price is back above EMA(20) but still capped under EMA(50). RSI(14) has recovered off its lows toward the midline as the down-leg pauses.
Support: 3,941.00
Resistance: 4,000.00, 4,043.00
What it said to watch
Repeated failure to reclaim 4000 keeps sellers in control
Close above 4043 lower high needed to break the downtrend structure
S&P Global PMIs Jul 24 could materially shift this read
15:03 UTC
Downtrend, attempting to base · RSI 51 · price 3,998.66
Lower highs into 8-month low, consolidating below 4000.
Gold sold off through the 4000 psychological level midweek and printed an 8-month low near 3959 as oil-driven reinflation fears firmed the USD. A Friday relief bounce has lifted price back to the 4000 handle, but the level has capped every attempt this week and is again acting as resistance. Price sits above EMA(20) but below EMA(50), with RSI(14) recovering to the mid-range after the sell-off.
Support: 3,941.00
Resistance: 4,000.00
What it said to watch
Sustained H1 close above 4000 psych would neutralise the rejection read
Break of 3959 week low opens the 3941 ytd low
S&P Global PMIs Jul 24 are the next high-impact catalyst
Oil / US-Iran headlines remain the dominant intraday driver
14:03 UTC
Downtrend, bounce off lows · RSI 45 · price 3,997.50
Lower highs, retesting 4000 from below.
Gold has trended lower all week after the failed push to 4103 on Tuesday, losing the 4000 psych handle mid-week as a firmer USD and energy-led inflation fears overrode soft CPI/PPI. The last NY session swept the 3959 swing low — an eight-month area — then snapped back to reclaim 4000, printing a sharp rejection with RSI holding above its prior-low reading. Price now sits pinned at the 4000 pivot, back near EMA20 but capped well below EMA50.
Resistance: 4,000.00
What it said to watch
Sustained rejection at 4000 keeps the downtrend structure intact
Break of the 3959 swing low exposes the 3940 area flagged by forecasters
UoM Michigan sentiment / inflation expectations at 14:00 UTC could materially shift this read
14:03 UTC
Downtrend, bouncing off lows · RSI 47 · price 3,997.50
Lower highs, lower lows; testing 4000 reclaim.
Gold has trended lower all week under a chain of lower highs, losing the 4000 handle into the NY session yesterday as the US-Iran oil shock revived Fed-hike bets and firmed the USD; soft CPI/PPI were overridden. Price printed an 8-month low near 3959.7 before a sharp reclaim attempt back to the 4000 pivot, with RSI(14) lifting off oversold to the mid-40s. Price now sits just above EMA20 but below EMA50, keeping the broader H1 structure bearish.
Support: 3,959.70, 3,940.00
Resistance: 4,000.00, 4,043.00
What it said to watch
UoM Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Failure to reclaim 4000 keeps the bearish structure intact
Break below 3959.7 swing low exposes the 3940 area
H1 close above 4043 prior high would break the lower-high sequence
Lower highs and lower lows below broken 4000 pivot.
Gold sliced below the 4000 psychological pivot to an eight-month low near 3962 as US-Iran escalation lifted oil and revived Fed-hike pricing, keeping the dollar bid. Price has traded below EMA20 and EMA50 since the Wednesday NY-session breakdown, with each rebound toward 4000 failing to hold. RSI(14) is pressed near oversold as the down-leg extends into the current session.
Support: 3,961.72, 3,940.00
Resistance: 4,000.00
What it said to watch
UoM sentiment & inflation expectations at 14:00 UTC could materially shift this read
Sustained trade below 4000 keeps the downside structure intact
H1 close back above 4000 psych pivot would neutralise the breakdown
Loss of 3961 session low opens the path toward the 3940 downside tgt
Gold sliced through the 4000 psychological pivot to an 8-month low near 3961 as revived Fed-hike bets on oil-driven inflation and a firmer USD kept the path lower. Structure is a clean series of lower highs since Monday's spike to 4103, with price pinned below EMA20 and EMA50 and RSI in oversold territory. The bounces off 4000 earlier this week lacked follow-through and supply has capped every rally.
Support: 3,940.00
Resistance: 4,000.00
What it said to watch
Reclaim of the 4000 psych pivot needed to challenge the downtrend read
Break below 3961 session low opens the path to the 3940 fcast target
UoM inflation expectations / Michigan Sentiment at 14:00 UTC could materially shift this read
12:03 UTC
Downtrend, consolidating at lows · RSI 49 · price 3,994.55
Lower highs, broke below 4000.
Gold rolled over from failed attempts at 4100 earlier in the week and sliced through the 4000 psych handle into the NY session, printing a week low near 3975 as an oil-driven inflation scare revived Fed-hike bets and firmed the USD. Price is now consolidating in a tight 3975–4000 band, holding just above EMA(20) but capped well under EMA(50). The 4000 pivot that broke has flipped to resistance, and RSI(14) has cycled back to the mid-40s after the selloff.
Support: 3,975.00, 3,969.35, 3,940.00
Resistance: 4,000.00
What it said to watch
H1 close back above 4000 psych level would neutralise the break lower
Failure to hold 3969 swing low opens the path toward the 3940 downside tgt
Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
12:03 UTC
Downtrend, consolidating near lows · RSI 49 · price 3,994.55
Lower highs into 8-month low, now ranging sub-4000.
Gold rolled over from Tuesday's 4103 spike down through the 4000 handle, printing an 8-month low near 3970 into yesterday's NY session as the oil-driven inflation and Fed-hike theme overran the soft CPI/PPI relief. Price is now consolidating just below 4000 with RSI(14) recovering toward the midline off oversold; the 4000 psych pivot has capped this bounce and the 3970 swing low marks the range floor.
Support: 3,970.00
Resistance: 4,000.00
What it said to watch
H1 close back above 4000 reclaims the pivot and eases the downside read
Failure to hold 3970 swing low confirms a fresh lower-low
UoM Consumer Sentiment / inflation expectations at 14:00 UTC is the key gold risk into the next bars
Gold has trended lower since Wednesday's spike to 4103, printing successive lower highs as escalating Mideast/oil-driven Fed-hike bets and a firmer Dollar capped rallies. The 4000 handle broke down into yesterday's NY session and price has since consolidated 3969-4008 just beneath it, with RSI(14) recovering off oversold but stuck near the midline. Both EMAs sit above price, keeping the near-term structure heavy.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00, 4,043.41
What it said to watch
UoM inflation expectations at 14:00 UTC could materially shift this read
Sustained H1 close back above 4000 opens a reclaim toward 4043
Failure to hold 3969 confirms a lower low toward 3940
11:03 UTC
Downtrend, stabilising near lows · RSI 48 · price 3,993.03
Broke below 4000, consolidating above week low.
Gold sold off through the week from Tuesday's 4103 spike down to an eight-month low near 3969 as Iran-Red Sea escalation and firmer oil revived Fed-hike bets and lifted the Dollar, overpowering this week's soft CPI/PPI. Price has since coiled in a 3970-4008 band, with 4000 capping the recovery attempts into the NY hours. RSI(14) is holding mid-40s while price sits below both EMA(20) and EMA(50).
Support: 3,969.35, 3,940.00
Resistance: 4,000.00, 4,038.00
What it said to watch
Sustained H1 close back above 4000 opens the path to the 4038 supply area
Failure to hold 3969 confirms a fresh lower-low toward 3940
UoM inflation expectations & sentiment at 14:00 UTC could materially shift this read
Broke below 4000, lower low at 3970, retesting from below.
Gold slid below the 4000 handle to an 8-month low near 3970 as US-Iran/oil-driven Fed-hike bets and a firmer dollar overpowered soft CPI/PPI. Buyers stepped in twice around 3970 and price has clawed back toward 4000, with RSI(14) recovering off oversold. The 4000 pivot now caps as former support, and the descending sequence of lower highs from Monday's 4103 remains intact.
Support: 3,970.00
Resistance: 4,000.00
What it said to watch
Sustained reclaim of 4000 pivot would ease the lower-high sequence
Loss of 3970 confirms a fresh lower-low
UoM inflation expectations at 14:00 UTC could materially shift this read
10:03 UTC
Downtrend, basing after break · RSI 53 · price 3,996.92
Lower highs into 4000 break, consolidating above weekly low.
Gold broke below the 4000 psych pivot into a fresh eight-month low near 3969 during yesterday's NY session as the US-Iran/oil shock revived Fed-hike bets and firmed the dollar. Price has since based between 3970 and 4000, reclaiming EMA(20) with RSI(14) recovering off its lows, but the 4000 handle continues to cap. EMA(50) around 4020 sits just above as the next overhead layer.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00, 4,020.00, 4,050.00
What it said to watch
H1 close above 4000 psych pivot opens a reclaim attempt toward 4050 recent supply
Failure to hold 3969 weekly low confirms a lower low toward 3940 downside focus
UoM inflation expectations at 14:00 UTC could materially shift this read
Gold lost the $4,000 handle in the NY session, breaking the week's range and printing an 8-month low near 3969 as oil-driven inflation fears revived Fed-hike bets. Price is holding below EMA(20) and EMA(50) with lower highs intact, and the bounce off 3969 has so far stalled beneath the 4000 pivot. RSI(14) has lifted off oversold but sits in the mid-40s, still sub-50.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00
What it said to watch
H1 reclaim of 4000 would neutralise the range-break read
Failure to hold 3969 opens the path toward 3940
UoM inflation expectations / Michigan sentiment at 14:00 UTC could materially shift this read
09:04 UTC
Downtrend, consolidating near lows · RSI 44 · price 3,994.54
Lower highs, holding above 8-mo low.
Gold lost the $4,000 handle mid-week and printed an 8-month low at 3969 as oil-driven inflation fears revived Fed-hike bets and firmed the dollar; the CPI/PPI-relief bounce toward 4081 was fully unwound. Price is now consolidating 3970–4008 below EMA(20) and EMA(50), with RSI(14) basing in the low-40s after the drop. The reclaimed $4,000 level caps the recovery and is the pivot for this week's read.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00
What it said to watch
H1 close back above 4000 psych pivot would ease downside pressure
Break of 3969 8-mo low extends the move toward the 3940 downside tgt
UoM inflation expectations + Michigan sentiment at 14:00 UTC could shift this read
Gold lost the $4,000 handle this week and slid to an 8-month low near 3969 as oil-led inflation fears revived Fed-hike bets, overriding the softer CPI/PPI prints. Price is now grinding back up to retest 4000 from below after basing around 3970, with RSI(14) recovering to the mid-line. The broken psych pivot and the descending lower-highs cap the current bounce.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00
What it said to watch
H1 close back above 4000 psych pivot would neutralise the break lower
Failure to reclaim 4000 keeps the lower-high sequence intact toward 3969
Break below 3969 8mo low opens the 3940 downside target
UoM inflation expectations at 14:00 UTC could materially shift this read
Gold lost the $4,000 handle mid-week and printed an 8-month low near $3,969 as Iran-driven oil/inflation fears and firm US labor data revived Fed-hike bets. Price is capped below EMA20/50, with relief bounces into the $4,000 pivot repeatedly sold. RSI(14) has held higher lows against the fresh price low, a mild bullish divergence, but structure stays lower-high, lower-low.
What it said to watch
Reclaim of $4,000 on an hourly close neutralises the breakdown read
Loss of $3,969 extends toward the $3,940 objective
UoM inflation expectations + Michigan Sentiment at 14:00 UTC could materially shift this read
07:03 UTC
Downtrend this week, stabilising · RSI 51 · price 4,000.85
Lower highs, week low retested and holding.
Gold slid through the $4,000 handle into yesterday's NY session as resilient US labour data (jobless claims 208K vs 217K) and a firmer DXY near 100.80 revived Fed-hike bets, fading the soft CPI/PPI bounce that peaked at 4103 earlier in the week. Price has since carved a double bottom around 3970 and is clawing back to reclaim the $4,000 pivot on this last bar. The sequence of lower highs from 4103 remains intact, with 4043 the first cap.
Support: 4,000.00, 3,970.00, 3,940.00
Resistance: 4,043.00, 4,103.00
What it said to watch
Sustained loss of 4000 reopens the 3970 week low and the 3940 zone
Reclaim above 4043 would break the this-week lower-high sequence
UoM sentiment & inflation expectations at 14:00 UTC could materially shift this read
Gold has trended lower since Monday's 4103 high, losing the $4000 handle mid-week as a firmer DXY near 100.80 and resilient US jobless claims revived Fed-hike bets. Price bottomed at the 3969 week low and RSI(14) has since lifted off oversold, with the last bar reclaiming 4000 and pushing back above the H1 EMA20. Price remains capped under the EMA50 and the string of lower highs from 4103.
Support: 4,000.00, 3,969.35, 3,940.00
Resistance: 4,038.46
What it said to watch
Sustained loss of the 4000 pivot opens the 3940 downside flagged by analysts
H1 close above 4038 prior high challenges the lower-high sequence
UoM sentiment & inflation expectations at 14:00 UTC could materially shift this read
Gold lost the 4000 handle in the NY session as US-Iran oil escalation revived inflation-hike bets and firmed the Dollar, overpowering this week's soft CPI/PPI bounce that had lifted price above 4080. The tape has printed a steady sequence of lower highs and lower lows into a 3969 swing low, with price now stalling around 3988 below EMA20 and EMA50. The 4000 psych pivot has flipped to resistance after two failed reclaim attempts.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00
What it said to watch
Sustained loss of 3969 swing low keeps sellers eyeing the 3940 zone
H1 close back above the 4000 psych pivot needed to neutralise the downtrend read
US Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
06:03 UTC
Downtrend, stabilising near lows · RSI 43 · price 3,988.32
Lower highs and lower lows, consolidating above 3969.
Gold has trended lower since Wednesday's stall near 4103, losing the 4000 handle on the NY-driven selloff as US-Iran oil headlines and firmer USD/yields overpowered the soft CPI/PPI bounce. Price is now consolidating in the 3969–3992 band, holding just above the 3983 two-week low with RSI(14) around 42 off oversold. Both EMA(20) and EMA(50) sit overhead and have capped every bounce this week.
Support: 3,983.00, 3,969.35, 3,940.00
Resistance: 4,000.00, 4,060.00, 4,103.04
What it said to watch
Michigan Consumer Sentiment / inflation expectations at 14:00 UTC could materially shift this read
Loss of 3969 swing low opens the 3940 zone
H1 close back above 4000 psych pivot targets the 4060 rebound ceiling
Fresh US-Iran oil headlines remain the dominant driver over data
Gold has printed a steady sequence of lower highs since Wednesday's $4,103 spike, slipping back through $4,000 as renewed Iran/oil safe-haven USD demand offset soft inflation data. Price sits below both EMA(20) and EMA(50) with RSI(14) in the low 40s; the $3,969 swing low has held on repeated tests over the Asia session while $4,000 now caps rebounds. The $4,000 psychological pivot is the immediate battleground — repeated failures beneath it keep the bearish structure intact.
What it said to watch
H1 close back above $4,008 neutralises the lower-high sequence
Failure to hold $3,969 confirms a fresh lower-low toward the $3,940 path
UoM inflation expectations at 14:00 UTC could materially shift this read
Gold has rolled over from Wednesday's 4103 spike into a stepwise downtrend, losing the 4000 psych pivot as traders looked past soft PPI toward Mideast/oil-driven inflation risk and a firmer USD. Price is capped below EMA(20) and EMA(50) with RSI(14) mid-40s, and the last NY session bounce to 4008 was rejected. Demand has stepped in twice around the 3969 swing low, keeping the metal pinned above the 4000 barrier's underside.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00
What it said to watch
H1 close back above 4000 psych would invalidate the lower-high structure
Break and hold below 3969 swing low confirms a fresh lower low toward the 3940 flagged low
UoM sentiment + inflation expectations at 14:00 UTC could materially shift this read
Lower highs since Tuesday's spike, basing near 3970.
Gold has bled lower from Tuesday's spike high at 4103 through a string of lower highs, and the $4000 psych pivot is under siege as US-Iran oil tensions revive inflation worries against this week's dovish CPI/PPI. Buyers have stepped in repeatedly around 3970, forming a shallow double-bottom base, while price trades below both EMA20 and EMA50. RSI has lifted off its lows but remains sub-50, matching the capped rebounds.
Support: 3,970.00, 3,945.00
Resistance: 4,000.00, 4,043.00
What it said to watch
Sustained H1 close back above 4000 psych pivot would ease the downside pressure toward 4043
Loss of the 3970 week low opens the 3945 support zone
UoM Michigan Sentiment + inflation expectations at 14:00 UTC could materially shift this read
Gold has bled lower all week off Tuesday's 4103 spike high, tracing a clean chain of lower highs and slipping below the $4,000 psych pivot into the NY session yesterday. Two lows near 3970 are holding for now, with the dovish CPI/PPI repricing offset by oil/Iran-driven inflation fears keeping XAU two-way and capped. Price sits under both EMA20 and EMA50 with RSI mid-40s.
Support: 3,970.00, 3,940.00
Resistance: 4,008.00
What it said to watch
Sustained reclaim of $4,000 and a close above 4008 session high would challenge the lower-high sequence
Failure to hold 3970 swing low opens 3940 next support
UoM Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
03:03 UTC
Downtrend, momentum building lower · RSI 37 · price 3,980.06
Lower highs, testing week's low.
Gold spiked to 4103 midweek on the dovish CPI/PPI repricing but that move has fully faded, with price rolling over into a clean set of lower highs since. The 4000 psych pivot has given way and price is pressing the week's 3969 swing low, holding below both EMA20 and the prior-high supply near 4060. RSI(14) sits in the mid-30s as the decline extends, with Iran/oil-driven inflation worries reviving the residual hike premium and capping rebounds.
Support: 3,969.35, 3,940.00
Resistance: 4,000.00, 4,060.00
What it said to watch
Sustained H1 close below 3969 swing low opens 3940 next support
Reclaim of the 4000 psych pivot needed to relieve downside pressure
UoM Michigan sentiment + inflation expectations Fri 14:00 UTC could shift this read
Gold broke back below the $4,000 pivot into the NY session and has printed successive lower highs since the 4103 spike, sliding to a 3969 low before stabilising near 3980. The CPI/PPI-driven rebound has faded as US-Iran tensions lifted oil and revived inflation worries, leaving XAU pinned under EMA(20) and EMA(50). RSI(14) sits near 41, off oversold but with no bullish divergence yet on this leg.
Support: 3,969.35
Resistance: 4,000.00
What it said to watch
Sustained H1 close below 3969 confirms a lower low and opens the 3940/60 zone
Reclaim and hold above the 4000 psych level would neutralise the downside read
UoM Michigan sentiment / inflation expectations Fri 14:00 UTC could materially shift this read
02:03 UTC
Downtrend, momentum building lower · RSI 40 · price 3,986.39
Lower highs, broke below 4000.
Rolling over since the mid-week spike to 4103, with a steady sequence of lower highs dragging price back below the 4000 psych pivot. The leg down to 3969 came as oil-driven inflation fears revived the Fed hike premium, offsetting the softer CPI/PPI; RSI(14) sits mid-to-high 30s and price holds below both EMAs. A modest bounce off 3969 is under way but 4000 now caps on the topside.
Support: 3,969.35
Resistance: 4,000.00
What it said to watch
H1 close back above 4000 would neutralise the breakdown
Failure to hold 3969 opens the 3940/60 support zone
UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
Gold has ground lower since yesterday's NY session, sliding from the 4080 rebound to a 3969 swing low as US-Iran tensions revived inflation worries and capped the CPI/PPI bounce. Price sits below EMA(20) and EMA(50) with the $4,000 psych level now acting as a ceiling on the recovery attempt off the low. RSI(14) near 40 reflects fading downside momentum without a clear turn.
Support: 3,969.35
Resistance: 4,000.00
What it said to watch
H1 close above 4000 psych level needed to relieve downside pressure
Failure to hold 3969 swing low opens the 3940/60 zone
UoM Consumer Sentiment + inflation expectations 14:00 UTC could shift this read
Gold has printed lower highs and lower lows since the 4081 peak, with the decisive leg down through the 4000 psych pivot arriving in the NY session yesterday as US-Iran/oil headlines revived inflation fears. Price is now grinding back off the 3969 week low toward 4000, but sits below both EMA(20) and EMA(50) with RSI recovering out of the low 40s. The 4043 lower high remains the pivot separating this recovery from the broader downtrend.
Support: 3,970.00, 3,944.00
Resistance: 4,000.00, 4,043.00, 4,081.00
What it said to watch
H1 close back above 4000 psych pivot would ease the breakdown read
Sustained break below 3970 week low opens the 3944 support zone
UoM Consumer Sentiment + inflation expectations today 14:00 UTC could materially shift this read
01:04 UTC
Downtrend, bounce off lows · RSI 43 · price 3,990.45
Lower highs, testing $4,000 from below.
Gold has rolled over from Wednesday's $4,081 high, breaking the $4,000 psych pivot during the NY session as escalating US-Iran tensions lifted oil and revived inflation worries, capping the CPI/PPI bounce. Price found demand at $3,969 in the Asian session and is grinding back toward $4,000, but sits well below EMA(20) and EMA(50) with RSI(14) recovering out of the mid-30s. The sequence of lower highs remains intact until $4,000 is reclaimed.
What it said to watch
Sustained reclaim of $4,000 would relieve the downside pressure toward $4,038
Loss of $3,969 confirms a fresh lower low, opening $3,945 support
UoM Michigan Sentiment + inflation expectations Fri 14:00 UTC could materially shift this read
Gold has drifted lower all week and lost the 4000 psych pivot after a sharp down leg off 4043, tagging a 3969 swing low as US-Iran tensions revived inflation worries and capped the CPI/PPI bounce. Price sits below both EMA20 and EMA50 with RSI near 39, confirming momentum still points down. The 4000 level, now overhead, has capped the modest bounce into the 3985 area.
Support: 3,969.00, 3,940.00
Resistance: 4,000.00, 4,043.00
What it said to watch
H1 close back above 4000 negates the downside break
Failure to hold 3969 opens the 3940/60 support zone
UoM Michigan Sentiment + inflation expectations Fri 14:00 UTC could shift this read
Gold has bled lower from the week's 4103 high toward the 3969 swing low, giving back the CPI/PPI bounce as US-Iran tensions and firmer oil revived inflation worries. Price has held below EMA20 through the NY session, with the 4000 psych pivot now capping rebounds. RSI sits near 40 as selling pressure slows around 3980.
Support: 3,969.00
Resistance: 4,000.00, 4,103.00
What it said to watch
Sustained H1 close below 3969 opens the 3940/60 zone
Reclaim of 4000 psych pivot needed to ease the downside read
UoM Consumer Sentiment Fri 14:00 UTC could shift the read