Double top near 4397-4400, lower highs since, now a tight 4375-4384 range.
Gold's NY leg up from 4342.73 stalled at 4396.98, a second failure under the 4400 area after the 4399.53 print earlier, and price has since drifted into a 4374.9-4383.4 range with volume thinning into the Friday close. RSI(14) at 43 and price just under EMA20 (~4382.5); the bounce was helped by the soft US Industrial Production miss keeping the dollar capped.
Support: 4,374.90, 4,370.70
Resistance: 4,383.40, 4,390.80, 4,396.98
What it said to watch
M15 close above 4390.8 (prior high) would negate the double top read
Loss of the 4374.9 range low exposes the 4370.7 swing low
Late-Friday liquidity is thin — range top at 4383.4 is an area to monitor for rejection or break
Weekend gap risk and Fedspeak from Monday's session could reset this range
Higher-low chain intact but capped; tight consolidation under the session high.
NY session rallied off the 4342.73 low back to the 4397 session high, where supply capped price twice before the pullback to the 4374.94 swing low. Last two hours have compressed into a 4375-4386 consolidation with RSI(14) back at 52 — the post-FOMC recovery bid (softer yields, weaker crude) is intact but going nowhere into the weekly close.
Support: 4,374.94, 4,363.10, 4,342.73
Resistance: 4,397.00, 4,400.00
What it said to watch
M15 close above the 4397 session high would end the consolidation and put the 4400 round number in play
Loss of 4374.94 swing low breaks the intraday higher-low chain and exposes the 4363.10 ny pivot
Thin late-Friday liquidity is exaggerating wicks; Fed speaker slate from Monday is the next scheduled driver for this read
Second NY-session run at the 4400 area stalled at 4396.98 just under the 4399.53 swing high, printing a double top as the retreat in yields and crude that lifted bullion all week lost impulse. Price has since drifted into a 4374.94-4393.15 consolidation, still above EMA20 with RSI(14) back to neutral near 49 and volume thinning into the Friday close.
Support: 4,374.94, 4,360.02, 4,342.73
Resistance: 4,393.15, 4,399.53
What it said to watch
A 15m close above 4399.53 invalidates the double top read
Loss of the 4374.94 recent low exposes the 4360.02 pivot low, then the 4342.73 session low
Thin liquidity into the weekly close can distort the range edges
Monday Fedspeak (Goolsbee 10:30 UTC) is the next catalyst that could shift this read
Matched highs at 4397 after a higher low from 4343; now drifting sideways.
NY session pushed back to 4396.98, matching the earlier 4399.53 prior high, and was rejected there for a second time — the $4,400 cap the digest flags as gold's ceiling while the 10y sits near 5%. Price has since eased to 4377.45, back under EMA20 with RSI(14) flat near 49, consolidating above the 4374.94 recent low.
Support: 4,374.94, 4,360.02
Resistance: 4,396.98, 4,399.53
What it said to watch
M15 close above 4396.98 invalidates the double top read
Loss of 4374.94 confirms a lower low and puts 4360.02 swing low back in play
Late-Friday liquidity thins ranges into the close; Monday Fedspeak (Goolsbee 10:30 UTC) is the next catalyst for this structure
Higher lows off 4343, now boxed 4379–4397 after rejection.
NY session drove gold from the 4343 low back to 4397 before supply capped it just under the 4400 psych handle; the soft US Industrial Production print (0.0% vs 0.3%) and easing yields underpinned the leg. Last four hours have gone sideways in a 4379–4397 box with price pinned to EMA20 and RSI(14) back at 55 — no fresh structure into the close.
Support: 4,379.20, 4,360.00, 4,343.00
Resistance: 4,397.00, 4,400.00
What it said to watch
M15 close below the 4379 range low would break the higher-low chain and re-expose 4360 swing low
Acceptance above the 4397 session high is needed to bring the 4400 psych level into play
Thin liquidity into the weekly close can distort the range; Fed speakers from Monday are the next catalyst
Higher lows off 4343, now two-hour consolidation under 4397.
Gold based at 4343 during the London-NY overlap and ran 54 dollars into the NY afternoon, twice rejected at the 4397 session high just under the 4400 gate flagged in the digest, with soft US industrial production keeping the dollar offered. Late-NY hours have compressed price into a 4379-4393 consolidation, RSI(14) back to neutral near 52 and price pinned on the EMA20.
Support: 4,379.20, 4,361.90, 4,343.00
Resistance: 4,393.20, 4,397.00, 4,399.50
What it said to watch
M15 close above the 4397 session high opens the 4399.5 24h high and the 4400 handle
Loss of the 4379 shelf reopens the 4362 swing low as the next reference
Ranges thin into the late-NY close; Fed speakers from Monday (Goolsbee 10:30 GMT) are the next scheduled catalyst for this read
19:18 UTC
Uptrend, momentum flattening late NY · RSI 57 · price 4,384.60
Higher lows off the day low, capped under 4400.
NY hours drove a clean leg from the 4343.05 day low to a 4396.98 session high, helped by the soft US industrial production print keeping yields and the dollar off post-FOMC highs, but the move stalled again just under the 4400 round number. Last four bars are consolidating 4379.5–4390 with RSI(14) back to the mid-50s; the pullback low at 4379.5 has held twice into the close.
Support: 4,379.50, 4,343.05
Resistance: 4,396.98, 4,400.00
What it said to watch
M15 close above the 4400 round number would extend the NY leg toward the 4422 area
Loss of the 4379.5 pullback low breaks the intraday higher-low chain and reopens 4360
Final bar is a thin late-NY stub — treat the 4384.60 close as provisional
Fed speaker cluster from Monday is the next scheduled risk to this read
NY session recovered the whole afternoon slide from 4343.02, but the push stalled at 4396.98 — the same band that rejected the London high near 4399.5, leaving a double top under 4400. Price has since eased into the 4380.90 pullback low and is drifting sideways into the late-NY close, the bounce still tracking the softer US Industrial Production print and easing yields.
Support: 4,380.90, 4,361.87, 4,343.02
Resistance: 4,396.98, 4,400.00
What it said to watch
A 15m close above 4400 round number invalidates the double top read
Loss of the 4380.90 pullback low re-exposes the 4361.87 breakout base
Thin late-Friday liquidity can distort the last bars of this range
Monday Fed speaker cluster (Goolsbee 10:30 GMT) could reset the intraday read
Higher lows off 4343 into a double top at 4397–4399.5.
Gold rebuilt the London-session push through the Asian range and retested the 4397 session high in the first hours of NY, a near-match of the earlier 4399.5 spike, and was rejected there for a second time with RSI(14) cooling from the low 70s to ~62. The soft US Industrial Production print (0.0% vs 0.3%) and easing yields supported the bounce off 4343 session low, but the last two bars have given back 16 dollars into the late-NY close, leaving price mid-range above the 4375 swing low.
Support: 4,375.00, 4,361.87, 4,343.02
Resistance: 4,397.00, 4,400.00
What it said to watch
M15 close above 4397 session high negates the double top and puts the 4400 psych handle in play
Loss of the 4375 swing low re-exposes 4361.87 breakout base and then the 4343.02 session low
Thin late-Friday liquidity into the weekend gap; Fed speakers from Monday can reset the intraday read
18:33 UTC
Uptrend, momentum flattening at session high · RSI 62 · price 4,389.39
Higher lows since the 4343 NY low, stalling under equal highs near 4397/4399.
NY hours put in a V-shaped recovery off the 4343 low back to 4396.98, matching the London high at 4399.50 — equal highs into the Friday close as yields and the dollar gave back part of the post-FOMC move. RSI(14) at 62 with price 8 dollars off the session high; the last four bars are flat-to-lower, so the leg is pausing rather than extending.
Support: 4,381.80, 4,343.02
Resistance: 4,399.50
What it said to watch
M15 close above 4399.50 clears the double top and exposes the 4422 band
Loss of 4381.80 swing low breaks the higher-low chain built through NY
Late-Friday liquidity thins the last bars — gaps into Monday's open are common at this level
Fed's Goolsbee Monday 10:30 UTC is the first event risk that could reset this read
18:18 UTC
Uptrend, extended into late NY · RSI 67 · price 4,391.97
HH/HL chain off 4343, consolidating under session high.
Gold ground higher through the NY session off the 4343 low, breaking the 4377.70 breakout lvl and printing a session high at 4396.98 as softer US industrial production (0% vs 0.3%) and easing yields took the edge off the post-Fed dollar. Price is now coiling in a tight 4389–4397 consolidation into the late-NY hours with RSI(14) at 66.6 — hot but not extreme; the 4400 round number caps.
Support: 4,382.90, 4,377.70, 4,360.02
Resistance: 4,396.98, 4,400.00, 4,422.00
What it said to watch
Acceptance above the 4400 round number opens the 4422 bb mid-band band
Loss of the 4382.90 swing low, then 4377.70 breakout lvl, breaks the HH/HL chain off the ny low at 4360.02
Late-Friday liquidity thins the tape — session-high rejections can extend further than ATR (~900 pips) implies
18:05 UTC
Uptrend resumed, pressing day high · RSI 62 · price 4,392.62
V-shaped NY recovery, chain of higher lows off 4343.
Gold sold into 4343.02 around the London-NY transition, then ran a near-full retracement through the second half of the NY session to close at 4392.62, back at the 4377.70 breakout level turned floor and now retesting the 4399.50 day high. The recovery tracks the pullback in US yields and the softer dollar after the 0% industrial production miss; RSI(14) near 61 leaves no extreme reading into the Friday close.
Support: 4,377.70, 4,356.30, 4,343.02
Resistance: 4,399.50, 4,422.00
What it said to watch
M15 close above the 4399.50 day high opens the 4422 range cap
Loss of the 4377.70 breakout level puts the 4356.30 pivot back in play and weakens the higher-low chain
Failure to hold 4343.02 session low would confirm a fresh lower low
Late-Friday liquidity thinning can distort the final bars; next catalyst is Monday's Fedspeak (Goolsbee)
17:47 UTC
Uptrend, impulsive into NY close · RSI 77 · price 4,392.89
Higher lows since 4343, price pressing window highs.
Gold based twice near 4343 through the NY morning and rallied 50 dollars into the afternoon, clearing the 4360 breakout base and closing at 4392.89 just under the 4399.50 prior high; the soft US industrial production print (0% vs 0.3%) and easing yields underpinned the leg. RSI(14) near 77 is hot but consistent with an impulsive move, ATR(14) around 1000 pips (10.00).
Support: 4,376.80, 4,360.02, 4,343.02
Resistance: 4,399.50, 4,422.00
What it said to watch
A 15m close above the 4399.50 prior high opens the 4400–4422 range cap band
Rejection under 4399.50 with a loss of the 4376.80 swing low breaks the higher-low chain
Failure of the 4360.02 breakout base would put the 4343.02 session low back in play
Late Friday liquidity thins into the weekend close, exaggerating wicks
17:32 UTC
Short-term uptrend, NY recovery leg extending · RSI 76 · price 4,386.11
Higher highs / higher lows off the 4342.73 NY low, retracing the London-high drop.
Gold bottomed twice at 4342.73 around mid-NY hours, then ran 45 dollars into the late NY session as yields eased after the soft US Industrial Production print, now stalling under the 4389.20 session high with RSI(14) at 76. The move has retraced most of the drop from the 4399.53 day high and the prior swing at 4361.87 is the last base left behind; ATR(14) near 9 dollars.
Support: 4,377.00, 4,361.87, 4,342.73
Resistance: 4,389.20, 4,399.53
What it said to watch
M15 close above 4399.53 day high would extend the recovery toward the 4400 area cap
Rejection at the 4389.20 session high with a break of 4377.0 swing low stalls the recovery leg
Loss of 4361.87 prior swing would put the 4342.73 ny low back in play
Thin late-NY liquidity into the weekly close can exaggerate moves in either direction
V-recovery off the NY low, higher highs and higher lows since 4343.
London pushed to the 4399.53 session high before NY hours dumped price to the 4343.02 ny low; the last four bars have retraced roughly 76% of that decline with RSI(14) near 75. Price is holding above the 4377.70 swing low and EMA20/EMA50 as retreating US yields and the soft Industrial Production print keep gold bid into the late NY session.
Support: 4,377.70, 4,361.87, 4,343.02
Resistance: 4,390.33, 4,399.53
What it said to watch
Rejection at the 4390.33 prior high would leave the late-session advance as a failed retest of the session high
M15 close back below 4377.70 swing low breaks the higher-low chain built off the ny low
Loss of 4361.87 micro pivot re-opens the 4343.02 ny low
Calendar is empty into the close; Fed's Goolsbee Monday is the next scheduled risk for this read
V-recovery; lower low at 4342.7 reclaimed, higher highs into late NY.
Gold double-bottomed at 4342.7 during the NY session and has run 40 dollars off the low, clearing the 4361.9 breakout base and now pressing 4384 with RSI(14) at 72. Retreating US yields and a softer Dollar — helped by today's Industrial Production miss (0% vs 0.3%) — underpinned the recovery leg. Price is back inside the upper half of the 24h range with 4390.3 prior high and the 4399.5 session high as the immediate caps.
Support: 4,361.90, 4,353.00, 4,342.70
Resistance: 4,390.30, 4,399.50
What it said to watch
Acceptance above 4390.3 prior high puts the 4399.5 session high back in play
Loss of the 4361.9 b/o base invalidates the recovery read and re-exposes the session mid at 4353
Rejection at 4399.5 without a break keeps the 24h range intact
Late-NY liquidity thinning into the close can exaggerate wicks; ATR ~9 dollars per bar
16:47 UTC
Intraday recovery off the session low, momentum building · RSI 60 · price 4,379.62
Double bottom at the session low, higher low versus the earlier 4334 print, still capped by the london high.
Gold was sold from the London high at 4399.53 down to 4343.02 in the NY session, printed a double bottom there and then reclaimed 4362 and 4377 in two impulsive bars as US yields eased following the soft Industrial Production print. Price now sits just under the 4383.67 session high with RSI(14) near 60 — no extreme, and ATR(14) around 980 pips (≈$9.8) per bar.
Support: 4,362.00, 4,343.02
Resistance: 4,383.67, 4,390.00, 4,399.53
What it said to watch
M15 close above the 4383.67 session high extends the recovery toward 4390 round number and the 4399.53 london high
Loss of the 4362 breakout base would invalidate the reclaim and put the 4343.02 session low back in play
Late-Friday NY hours: thinning liquidity into the weekly close can exaggerate moves in either direction
Calendar empty for the next 8h; next scheduled USD risk is Monday's Fed speaker
Lower highs from 4399.5, double bottom at 4343 holding.
London printed the high at 4399.5 into the $4,400 gate and was rejected; NY hours then ground down to a double bottom at 4343 as the USD held its bid after the soft Industrial Production print failed to dent it. The last two bars reclaimed 4363 (ema20) and the 4364.8 micro-cap in one push to 4378.6, leaving price mid-range between the ny low and the string of lower highs.
Support: 4,363.00, 4,353.00, 4,343.00
Resistance: 4,378.60, 4,388.50, 4,399.50
What it said to watch
M15 close above the 4378.6 session high would extend the recovery leg toward the 4388.5 prior high
Failure to hold 4353 ny base puts the 4343 ny low back in play
Final bar is a stub print into the late-NY close — range extension may not carry
Fed speaker commentary is the only near-term catalyst until Wednesday's flash PMIs
NY afternoon: gold was rejected at the 4399.53 session high — the $4,400 gate — then flushed to a 4343.02 session low as Treasury yields and the dollar re-firmed, with today's soft industrial production print barely denting the USD bid. Price has since based between 4352 and the 4364.80 recent high, RSI(14) near 44, sitting just above EMA20 but below EMA50, and the lower-high chain through 4388 and the 4376.80 swing high remains intact.
Support: 4,343.02, 4,334.49
Resistance: 4,364.80, 4,376.80, 4,399.53
What it said to watch
M15 close above the 4376.80 swing high breaks the lower-high chain
Repeated failure at the 4364.80 recent high keeps the 4343–4365 base in play
Loss of the 4343.02 session low exposes 4334.49 prior-day low
Dense Fed speaker slate Mon–Tue can reprice front-end yields and shift this read
16:04 UTC
Intraday downtrend off the 4399.5 high, momentum flattening · RSI 41 · price 4,355.08
Lower highs since London, last 8 bars ranging 4343-4362.
London hours pushed into the 4399.53 session high and stalled at the $4,400 gate the digest flags as twice-failed; NY hours unwound the entire move to a 4343.02 session low as yields and the dollar re-firmed. Last two hours are a tight 4343-4362 consolidation with price pinned under EMA20 and RSI(14) near 41 — no directional structure in play.
Support: 4,343.02, 4,334.49
Resistance: 4,361.76, 4,375.55, 4,399.53
What it said to watch
M15 close above the 4361.76 recent high breaks the lower-high chain and puts 4375.55 swing high back in focus
Loss of 4343.02 session low confirms continuation toward the 4334.49 swing low
Late-NY thin liquidity can widen the 4343-4362 range without changing structure
15:48 UTC
Intraday downtrend after full reversal · RSI 46 · price 4,355.09
Lower highs off 4399.50, base holding 4342.70.
London hours drove gold from 4334.50 to a session high at 4399.50 just under the 4400 handle, and NY hours handed the entire move back — two impulsive drops into 12:15 and 13:30 UTC took price to a 4342.70 session low. Price is now chopping in a 4342.70–4361.80 band with RSI(14) near 46 and price under EMA20/EMA50; the soft US industrial production print added to the earlier yield-retreat backdrop but did not alter the afternoon fade.
Support: 4,342.70, 4,334.50
Resistance: 4,361.80, 4,375.50, 4,399.50
What it said to watch
A 15m close above the 4361.80 swing high, then 4375.50 lower high, breaks the descending lower-highs chain
Failure to hold 4342.70 session low exposes 4334.50 prior low
Late-NY liquidity thinning into the close can widen ranges without changing structure
Gold's yield-retreat rally stalled at 4399.53 just under the $4,400 handle in the first hour of NY, then traced a clean chain of lower highs back below the ema20 at 4361.9 and the 4367.8 swing high. Demand paired twice at 4342.73 to form a double bottom, and the last five bars are pinned in a 4348–4357 pocket with RSI(14) at 41 and ATR near $10.7 a bar.
Support: 4,342.73, 4,334.49
Resistance: 4,361.90, 4,367.80, 4,399.53
What it said to watch
M15 close above the 4367.8 swing high breaks the lower-high chain
Loss of the 4342.73 session low exposes 4334.49 prior low
4399.53 session high remains the rejection reference under $4,400
Fed speaker slate and Wednesday's flash PMIs are the next catalysts that could reprice this range
Lower highs / lower lows off the London high, basing above the session low.
Rejection at the 4399.53 session high in the London morning has given way to two clean NY legs lower — 12:15 UTC dumped to 4353.76 and the 14:15 bar extended to the 4343.02 session low, with the soft US industrial production print doing little to change the slide. Price is now pinned between that session low and the 4361.76 bounce high; RSI(14) near 33 and ATR ~11 dollars per bar.
Support: 4,343.02, 4,334.49
Resistance: 4,361.76, 4,375.55, 4,399.53
What it said to watch
M15 close above 4361.76 bounce high would break the lower-high chain; 4375.55 prior high is the next reference
Failure to hold 4343.02 session low confirms continuation and exposes the 4334.49 asia low
No US data left in this session — drift structure holds unless Fed speaker headlines hit
15:04 UTC
Downtrend within NY session, momentum fading · RSI 37 · price 4,353.26
Lower highs and lower lows since the 4399.53 London high; basing above 4342.73.
Gold topped at 4399.53 late in the London session and has bled lower through NY hours in a clean lower-high chain (4388, 4382, 4375, 4361.76), with the soft US Industrial Production print doing little to stem the fade. Demand stepped in at 4342.73 on the last two pushes and price is now stalling mid-leg at 4353 with RSI(14) near 37 and both EMA20/EMA50 overhead.
Support: 4,342.73, 4,334.49
Resistance: 4,361.76, 4,399.53
What it said to watch
A 15m close above the 4361.76 swing high breaks the lower-high sequence
Loss of the 4342.73 session low exposes the 4334.49 prior low
ATR(14) ~1124 pips — bar ranges have widened sharply into NY, wide stops needed for structure to stay valid
No US data in the next 8h; the Fed speaker slate and flash PMIs next week are the next catalysts
NY session reversal from London high, HH/HL chain broken.
Gold stalled under the 4400 handle in London (4399.53 london high) and has ground lower through NY, printing a lower-high chain at 4388, 4375 and 4358 before the session low at 4343.05 was tested into 14:15 UTC. Price now sits between that low and the 61.8% fib (~4360) of the 4334-4399 advance, RSI(14) at 36 with price under both EMA20 and EMA50; the fade fits the digest's read of 4400 capping as a lower high.
Support: 4,343.05, 4,334.49
Resistance: 4,360.00, 4,399.53
What it said to watch
M15 close above 4360 (61.8% fib) would break the lower-high chain
Failure to hold 4343.05 session low exposes the 4334.49 asia low
No US data in the next 8h — flows thin after the London close, drift risk into the NY afternoon
14:32 UTC
Downtrend, impulsive leg lower · RSI 27 · price 4,346.32
Lower highs from 4399.53, session low being pressed.
Gold stalled twice just under the $4,400 handle in London — 4399.53 then 4398 — and the entire oil/yield-driven advance has been unwound into the first hour of NY, price now back at the session low at 4342.73 with RSI(14) near 27. Lower highs off the session high remain intact and the 4364 ema20 is overhead resistance.
Support: 4,342.73, 4,334.49, 4,320.00
Resistance: 4,364.00, 4,382.91, 4,399.53
What it said to watch
M15 close back above the 4364 ema20 would break the lower-high chain
Loss of the 4334.49 swing low extends the leg down, with the 100-dma near 4320 the next reference
Recovery above the 4382.91 swing high invalidates the intraday downtrend read
No tier-1 US data left today — Fed speaker tone and the oil/yield complex are the only drivers into the NY afternoon
Lower highs and lower lows since the 4399.53 session high; price pressing the session low.
The London push stalled twice under the 4400 handle (4399.53 session high, 4398.09 retest) and NY hours have given the whole leg back, with price now 15 points under the ema20 and probing the 4347.40 session low. The yield/oil-led bounce that lifted gold from the Asian base at 4334.49 has lost traction into the NY afternoon; today's soft US Industrial Production (0% vs 0.3%) did nothing to extend it.
Support: 4,347.40, 4,340.68, 4,334.49
Resistance: 4,367.70, 4,399.53
What it said to watch
Failure to hold 4347.40 session low confirms another lower low, with 4340.68 prior low the next reference
M15 close back above the ema20 near 4367.70 breaks the lower-high sequence off 4399.53
Thin US calendar into the close; Fed speaker tone next week is the main driver of the yield channel behind this move
Lower highs from 4399.53, price back at the session low.
Gold was rejected at 4399.53 late in the London morning and NY hours have retraced the entire push, a chain of lower highs (4399.53, 4388.48, 4375.55) now capping and price pressing the 4347.40 session low with RSI(14) near 33. The move is a give-back of the yield-led bounce flagged in the digest rather than a fresh impulse; ATR(14) around 1076 pips ($10.8) shows bar ranges have expanded through the NY slide.
Support: 4,347.40, 4,334.49, 4,320.00
Resistance: 4,375.55, 4,388.48, 4,399.53
What it said to watch
Failure to hold the 4347.40 session low exposes the 4334.49 swing low
M15 close back above 4375.55 recent high breaks the lower-high chain
US yields remain the day-to-day driver; a renewed yield spike would keep pressure on the 100-dma zone near 4320
13:47 UTC
Intraday downtrend off the session high · RSI 34 · price 4,354.81
Lower highs and lower lows since London morning; NY open extended the leg down.
Gold's yield-driven rebound stalled at the session high 4399.53 in the London morning, and the NY open pressed price through 4353.76 to a session low of 4352.18, with RSI(14) at 34. Price is now trading under a tight EMA20/50 cluster at 4371.70, and the chain of lower highs from 4399.53 through the prior high at 4382.91 is intact.
Support: 4,352.18, 4,334.49
Resistance: 4,371.70, 4,382.91, 4,399.53
What it said to watch
A 15m close back above the 4371.70 ema20/50 cluster would break the lower-high sequence
Acceptance below the 4352.18 session low puts the 4334.49 range low back in focus
ATR(14) near 1027 pips ($10.3) — expect wide bars through the rest of NY hours
Dense Fed speaker slate and the US flash PMIs later in the week can reset the yield impulse driving gold
13:32 UTC
Intraday pullback after rejection at 4400 · RSI 41 · price 4,363.54
Lower highs from 4399.53, holding above 4353.76 swing low.
Gold was capped at 4399.53 just under the $4,400 handle through the London session — the level the digest flags as the one bulls need — and has since carved a chain of lower highs (4398, 4388.48, 4375.55) as the yield-driven bid stalled. A sharp 22-dollar flush into early NY hours found demand at 4353.76 and price is now consolidating mid-range at 4363.54, below both EMA20 and EMA50, with RSI(14) near 41. ATR(14) is roughly 985 pips (~$9.9) per bar.
Support: 4,353.76, 4,340.68, 4,334.49
Resistance: 4,375.55, 4,388.48, 4,399.53
What it said to watch
Loss of the 4353.76 swing low on a M15 close exposes the 4340.68 asia low and the 4334.49 prior low
Reclaim of 4375.55 bounce high would break the lower-highs sequence off the 4399.53 day high
A renewed US yield impulse is gold's day-to-day driver and could invalidate this pullback read intraday
13:17 UTC
Intraday pullback off the London high, momentum flattening · RSI 47 · price 4,373.22
Lower highs since the 4399.53 print, 4353.76 flush fully reclaimed.
London morning topped at the 4399.53 london high and has printed lower highs since, with a 12:15 UTC flush to 4353.76 into the NY open that was bought back within two bars. Price sits at 4373.22, just under EMA20 and EMA50 and around the 38.2% retracement of the 4334.49–4399.53 leg, RSI(14) mid-40s — the post-Fed rebound in gold is consolidating rather than extending.
Support: 4,366.00, 4,353.76, 4,334.49
Resistance: 4,382.00, 4,388.50, 4,399.53
What it said to watch
Reclaim of the 4382 lower high, then 4388.5 pivot high, would negate the lower-high sequence
Acceptance below the 50% fib at 4366 and the 4353.76 session low confirms a lower low toward the 4334.49 asia low
US Industrial Production (13:15 UTC, f/c 0.3%) lands on the current bar and can reset the intraday range via yields
13:05 UTC
Intraday pullback from London high, chop · RSI 46 · price 4,371.13
Lower highs off 4399.53, holding above 4353.76 session low.
London pushed gold to a session high of 4399.53 and got rejected, and the move has since carved lower highs into the NY open, with one 22-dollar bar tagging 4353.76 before an immediate recovery to 4371. Price sits back in the 4361–4371 band flagged as resistance after the post-Fed rebound, just under EMA20 and EMA50, with RSI(14) mid-range at 46.
Support: 4,353.76, 4,334.49
Resistance: 4,382.91, 4,399.53
What it said to watch
US Industrial Production at 13:15 UTC lands immediately after this bar and can reset the intraday range
M15 close above the 4382.91 swing high invalidates the lower-high sequence
Failure to hold 4353.76 session low confirms a lower low and puts 4334.49 prior low back in play
12:47 UTC
London up-leg stalled, pulling back · RSI 41 · price 4,369.01
Lower highs off 4399.53, price back inside the 4353-4382 flush range.
Gold ran to a session high of 4399.53 in the London morning on the softer-oil/lower-yield squeeze, then printed successive lower highs before a sharp break of the 4381.80 shelf into the London-NY transition, flushing to 4353.76 before an immediate snapback to 4369. That leaves price back at roughly the 50% retrace of the Asia-London leg, below EMA20 and EMA50, with RSI(14) near 41 after cooling from overbought.
Support: 4,353.76, 4,334.49
Resistance: 4,381.80, 4,399.53
What it said to watch
Reclaim of the 4381.80 broken shelf would negate the range break and put 4399.53 session high back in play
Failure to hold 4353.76 flush low confirms a lower low and exposes the 4334.49 asia low
US Industrial Production 13:15 UTC (f/c +0.3%) lands in the next bar period — a beat could reverse the snapback, a miss extends it
ATR(14) near 890 pips ($8.90) per bar — moves of that size inside the range are noise, not structure
12:32 UTC
Intraday uptrend stalled, sharp pullback in force · RSI 29 · price 4,360.23
Lower highs off 4399.53, shelf at 4373 broken.
London rejected 4399.53 just shy of the $4,400 objective and gold has since carved a lower high at 4388.48 before losing the 4373 broken shelf in one 23-dollar candle into 4353.76. Price is back at the 61.8% retrace of the 4334.49-4399.53 leg with RSI(14) near 28, and both EMA20 and EMA50 now sit overhead ahead of US Industrial Production.
Support: 4,353.76, 4,334.49
Resistance: 4,373.45, 4,388.48, 4,399.53
What it said to watch
US Industrial Production 13:15 UTC lands inside the next bar and can reset this move
Reclaim of the 4373.45 broken shelf would negate the lower-high breakdown
Close below the 4353.76 swing low exposes 4344 and the 4334.49 asia low
Failure to hold 4353.76 confirms the lower-low chain from session high 4399.53
12:18 UTC
London up-leg stalling, pullback in force · RSI 44 · price 4,372.79
Lower highs and lower lows since the 4399.53 session high.
London extended the squeeze off the 4334.49 Asia low to 4399.53 before fading; the last four hours are a clean lower-high chain (4398, 4388.48, 4382.90) with price now at 4372.79, under both EMA20 (4379.8) and EMA50 (4373.6). The pullback has parked between the 38.2% and 50% fib of that London leg, with 4370.70 the pullback low and the softer-oil/lower-yield impulse behind the rebound still the driver.
Support: 4,370.70, 4,367.00, 4,359.30
Resistance: 4,382.90, 4,388.48, 4,399.53
What it said to watch
M15 close above 4382.90 would break the lower-high chain; 4388.48 the next shelf
Failure to hold 4370.70 opens the 50% fib at 4367.00 and the 61.8% fib at 4359.30
US Industrial Production at 13:15 UTC lands within the hour — headline risk into the NY open
Range between 4373 and 4399 after the late-Asia impulse.
Gold ran from 4334 to a session high of 4399.53 into the London open as easing yields and crude extended the post-FOMC snapback, then stalled: four hours of chop between the session low at 4372.67 and the 4390.33 range pivot, RSI(14) cooled to ~46 and price sits just under EMA20. ATR(14) is roughly 711 pips, so the 4373–4399 band is barely more than three bars of range.
Support: 4,372.67, 4,360.85
Resistance: 4,390.33, 4,399.53
What it said to watch
M15 close above 4399.53 (session high) would resolve the range upward toward 4400+
Failure to hold 4372.67 confirms a lower-low and puts the 4360.85 asia swing back in play
US Industrial Production at 13:15 UTC (f/c 0.3%) lands inside the next bar period and can break this consolidation
Repeated rejection at the 4390.33 range pivot keeps the read rangebound
Consolidation under session high after London push.
London extended the post-FOMC squeeze to a session high of 4399.5 — driven by the easing oil/yield backdrop — then stalled, leaving a chain of lower highs at 4398, 4395 and 4388.5. Price is now chopping in a tight 4373.4–4388.5 band with RSI(14) back near 42 and price under EMA20; the session low at 4373.4 has been defended twice.
Support: 4,373.40, 4,364.60, 4,356.90
Resistance: 4,388.50, 4,399.50
What it said to watch
US Industrial Production at 13:15 UTC lands mid-consolidation and could break the 4373.4–4388.5 band
Close above 4388.5 removes the lower-high sequence and puts the 4399.5 session high back in play
Loss of 4373.4 session low exposes the 4364.6 swing low and the 4356.9 prior high shelf
London hours carried gold from 4334.49 to a session high of 4399.53 as easing crude and yields extended the post-FOMC snapback, but the last four hours have been pure chop between 4373.41 and 4399.53. Price closed 4377.57, back under EMA20 with RSI(14) near 42 and a lower-highs sequence capping at 4388.48.
Support: 4,373.41, 4,360.36
Resistance: 4,388.48, 4,399.53
What it said to watch
M15 close above 4399.53 would end the lower-highs sequence and re-open the 4400 area
Loss of the 4373.41 session low confirms a lower low and exposes the 4360.36 swing low
US Industrial Production 13:15 UTC lands inside the next bar block and can break this range read
11:17 UTC
Intraday uptrend, momentum cooling after session high · RSI 58 · price 4,386.83
HH/HL chain off the 4334 low; pullback held above the breakout zone.
London session broke above yesterday's 4381 high and extended to a session high at 4399.53, stalling just under the 4400 psych area before a fade into the 4373.41 pullback low. Price has recovered to 4386.83 with RSI(14) near 58 and both EMAs below spot — consistent with the post-Fed short-covering bounce as yields and crude eased; the 4376.80 swing low is the nearest structural marker, minor high 4394.50 capping the rebound.
Support: 4,376.80, 4,373.41
Resistance: 4,394.50, 4,399.53
What it said to watch
M15 close above 4399.53 session high would extend the breakout into the 4400 psych area
Loss of the 4376.80 swing low and 4373.41 pullback low confirms a lower-low and ends the HH/HL chain
US Industrial Production at 13:15 UTC is the only same-day catalyst and could reprice this range
Lower highs under 4399.53, rising lows off 4373.41.
Gold extended its post-Fed recovery through the London morning to a session high of 4399.53 just under the 4400 psych level, then rejected and slid to 4373.41 as the move stalled. Last four bars are pressing back up off that session low into 4382, still below EMA20 but holding well above EMA50 — a 4373–4390 consolidation inside the larger intraday advance.
Support: 4,376.80, 4,373.41, 4,359.30
Resistance: 4,390.34, 4,399.53, 4,400.00
What it said to watch
Reclaim of 4390.34 prior high re-opens the 4399.53 session high and the 4400 psych level
Loss of the 4376.80 range floor and 4373.41 session low exposes the 61.8% fib at 4359.30
US Industrial Production at 13:15 UTC is the only same-day catalyst and can break this consolidation either way
Higher highs/higher lows into 4399.5, now consolidating below EMA20.
London extended yesterday's post-Fed relief bid to a session high of 4399.53 just under the 4400 psych level, then rejected and flushed to 4373.41 before stabilising; price now sits below EMA20 (~4387.5) but holds well above EMA50 (~4373.6). RSI(14) has cooled to the mid-50s from the overbought push, and the last four bars are a tight 4373–4382 consolidation — no directional resolution yet, ATR(14) ~608 pips (6.1 dollars) per bar.
Support: 4,373.41, 4,360.36
Resistance: 4,387.50, 4,399.53, 4,400.00
What it said to watch
M15 close above 4399.53 session high reopens the 4400 psych level
Loss of the 4373.41 swing low breaks the higher-low chain and exposes the 4360.36 breakout base
US Industrial Production at 13:15 UTC, inside the next NY-open bars, can reprice this range
Higher lows from the 4334 asia low, capped by the 4399.53 session high.
Gold rallied off the 4334.49 asia low into a 4399.53 session high around the London open, then was rejected under the 4400 handle and unwound to 4373.41 — consistent with the digest's read of 4400 as the magnet with two-way risk. Price is now consolidating 4373–4399 just beneath the EMA20 with RSI(14) near 62, and the higher-low chain from 4334.49 remains intact.
Support: 4,373.41, 4,360.36, 4,334.49
Resistance: 4,387.50, 4,399.53
What it said to watch
M15 close above the 4399.53 session high ends the sequence of lower highs beneath 4400
Failure to hold the 4373.41 pullback low breaks the intraday higher-low chain and exposes 4360.36 swing low
Reclaiming the EMA20 near 4387.5 would tighten the range back toward the session high
US Industrial Production at 13:15 UTC, plus the yield path, could reset this intraday range
Higher-high chain broken; double tap of 4399/4398 then lower high.
Gold rallied through late Asia into the London open to a session high at 4399.53, was rejected again at 4398 in the 09:00 UTC hour, and slipped to a session low of 4373.40 — the post-FOMC relief bid stalling just under the 4400 magnet. Price now sits back below the ema20 near 4387.50 with RSI(14) near 44 and ATR(14) around $6.50 per bar; the 38.2% retrace of the 4334.49–4399.53 leg sits at 4374.70, right on the session low.
Support: 4,373.40, 4,364.60
Resistance: 4,387.50, 4,399.53
What it said to watch
M15 close above 4399.53 session high invalidates the double top read
Loss of the 4373.40 session low exposes the 4364.60 break base
Reclaim of the ema20 at 4387.50 would restore the intraday higher-high chain
US Industrial Production at 13:15 UTC, just before NY hours, could reset the intraday range
Higher highs into 4399.53, now first lower-high sequence and a break under EMA20.
London session drove gold out of the 4340–4365 Asian range up to 4399.53, stalling twice just under the 4400 psych handle before a sharp 22-dollar unwind into 4373.41 — the yield-retreat/softer-crude rebound flagged in the macro read losing steam at the highs. Price now sits back below the EMA20 (~4387) with RSI(14) at 43, holding above the EMA50 and the 4360.36 swing low.
Support: 4,373.41, 4,360.36
Resistance: 4,387.00, 4,399.53
What it said to watch
Reclaim of the 4387 ema20 would negate the lower-high sequence
Loss of the 4373.41 pullback low puts the 4360.36 swing low in play
US Industrial Production 13:15 UTC is the only scheduled catalyst and can reset this intraday range
A close above the 4399.53 session high reopens the 4400 area
09:47 UTC
Uptrend, momentum fading into London midday · RSI 41 · price 4,374.61
Higher highs/higher lows intact but last two bars broke the rising short-term low chain.
London took gold clean through the Asian range and ran into 4399.53, stalling just under the 4400 psych level before a two-bar flush back to 4374.61 — price now under EMA20 but still above EMA50 near 4370.50, with RSI(14) cooling to ~41. The leg up is the yield-retreat/softer-crude story; the 4385.25 broken low is the first area to watch for rejection or reclaim.
Support: 4,370.50, 4,360.40
Resistance: 4,385.25, 4,399.53, 4,400.00
What it said to watch
Loss of 4370.50 (ema50) would break the higher-low chain and put the 4360.40 swing low in focus
Reclaim of 4385.25 keeps the session high at 4399.53 and the 4400 psych level live
US Industrial Production at 13:15 UTC is the only catalyst left and can reprice this intraday range
Higher highs/higher lows off 4334, now boxed 4385-4399 under 4400.
Gold ran from 4334 into 4399.53 through late Asia and the London open as yields and crude stayed offered, then stalled — the last 14 bars are pure consolidation between the 4385.25 range low and the session high, with 4400 as the round number cap. RSI(14) has cooled to the mid-50s from overbought during the impulse, and price is now sitting right on EMA20 while holding well above EMA50.
Support: 4,385.25, 4,377.27
Resistance: 4,399.53, 4,400.00
What it said to watch
Sustained M15 close above 4399.53 / 4400 round number would extend the higher-high sequence
Loss of the 4385.25 range low, then the 4377.27 swing low, breaks the intraday HL chain
US Industrial Production at 13:15 UTC is the only scheduled catalyst before the weekend and can reprice this range
09:16 UTC
Uptrend, stalling under 4400 · RSI 68 · price 4,394.31
Higher highs / higher lows, now flat-ranging at the highs.
London took gold clean through the asia high at 4365.60 and the 4377.00 prior high in one leg off 4334.49, tagging a session high of 4399.53 before stalling; the squeeze off the post-Fed low with yields and crude easing is the driver. Last six bars are a tight 4385.25–4399.53 consolidation with RSI(14) near 67 — the psych 4400 handle is capping so far.
Support: 4,385.25, 4,377.00, 4,365.60
Resistance: 4,399.53, 4,400.00
What it said to watch
Acceptance above 4400 psych extends the higher-high chain; repeated wicks at 4399.53 session high keep the rejection read alive
M15 close below the 4385.25 swing low breaks the intraday higher-low sequence, with 4377.00 prior high the first retest area
US Industrial Production at 13:15 UTC lands inside the next few bars and can reprice this range
Higher highs/higher lows, now consolidating under the session high.
Gold broke out of the 4340-4375 Asian chop through the late-Asia/London-open transition, running from 4334 to a session high of 4399.53 as the post-Fed squeeze extended on cooler yields. Last eight bars have gone sideways in a tight 4385-4399 box just under the 4400 psych level, RSI(14) near 67 and cooling off the highs without breaking the higher-low chain.
Support: 4,385.25, 4,377.27
Resistance: 4,399.53, 4,400.00
What it said to watch
M15 close above 4399.53 session high / 4400 psych extends the breakout leg
Loss of the 4385 swing low would be the first lower-low since the London-open thrust; 4377 breakout lvl is the next reference below
US Industrial Production at 13:15 UTC lands inside the next few bars and can reprice this consolidation either way
Higher highs / higher lows since Asia low, now consolidating under the session high.
London hours drove gold from the 4334 Asia low straight through yesterday's NY high, printing a session high at 4399.53 before stalling just under the 4400 psych level, with the digest pointing at softer crude and retreating US yields behind the squeeze. Last five bars are lower highs holding above the 4385.25 micro low — consolidation, not distribution, with RSI(14) near 67 and ATR(14) around 760 pips.
Support: 4,385.25, 4,381.86, 4,370.52
Resistance: 4,399.53, 4,400.00
What it said to watch
A 15m close above the 4400 psych / 4399.53 session high band opens the path toward the $4,400+ objective flagged in the digest
Loss of the 4381.86 breakout low would negate the London breakout and put the 4370.52 swing low back in play
US Industrial Production at 13:15 GMT is the only US data left today and can reset this intraday range
Higher highs / higher lows, consolidating under session high.
London session drove a clean breakout from the Asian range, lifting gold from the 4334.49 asia low through the 4377.27 breakout lvl to a 4399.53 session high just shy of the 4400 round number, in line with the softer-yield/weaker-crude backdrop. The last six bars have gone sideways in a tight 4387.50–4399.53 band with RSI(14) cooling from ~72 to 68 — consolidation, not distribution, so far. ATR(14) near 780 pips (7.8 dollars) frames current bar-to-bar movement.
Support: 4,387.50, 4,377.27, 4,334.49
Resistance: 4,399.53, 4,400.00
What it said to watch
A 15m close above 4400 round number extends the breakout leg
Loss of the 4387.50 range low shifts focus back to the 4377.27 breakout lvl
Close back under 4377.27 turns the London break into a false break
US Industrial Production 13:15 GMT is the only US data left today and can reset this intraday range
Higher highs / higher lows, consolidating under session high.
London took gold clean through the 4371 band and the 4377.30 breakout base, printing a 4399.50 session high before stalling into the 4400 round number; last six bars are a tight 4389.50–4399.50 coil with RSI(14) near 70. Driver is the continued post-Fed unwind in yields and crude, which has kept the dollar offered through the Asia–London transition.
Support: 4,389.50, 4,377.30
Resistance: 4,399.50, 4,400.00
What it said to watch
M15 close back below 4389.50 range floor breaks the London coil
Loss of 4377.30 breakout base invalidates the intraday uptrend read
Acceptance above the 4399.50 session high / 4400 round number extends the leg
US Industrial Production 13:15 GMT is the only US data left today and can reprice this window
08:04 UTC
Uptrend, extended into session high · RSI 74 · price 4,393.31
Higher highs / higher lows since the Asia low, breakout above prior day high holding.
London hours drove a clean impulse off the 4334.49 Asia low straight through yesterday's 4381.15 prior day high, price now stalling in a tight 4389-4399.53 band under the 4400 psych level with RSI(14) near 74. The leg fits the oil-driven yield pullback and post-FOMC short-squeeze read, with Bowman's 07:30 UTC remarks landing inside the final bars; last four candles show small ranges and upper wicks at the session high.
Support: 4,381.15, 4,364.60, 4,334.49
Resistance: 4,399.53, 4,400.00
What it said to watch
Repeated rejection at 4399.53 session high without a close above 4400 psych leaves the breakout leg unresolved
A close back under 4381.15 prior day high would negate the breakout and put 4364.60 swing low back in play
US Industrial Production at 13:15 UTC is the next scheduled driver for this range
07:47 UTC
Uptrend, impulsive and extended · RSI 78 · price 4,395.32
Higher highs / higher lows since the 4334 low; Asian range broken to the upside.
Late-Asia into early-European hours delivered a clean break of the Asian range, gold running from 4334 to a session high at 4397.21 as post-FOMC dollar longs trimmed on softer oil and yields. RSI(14) near 78 is hot but the HH/HL chain holds above the 4377 brk level, with the last four bars basing on 4389 bar lows and the 4400 round number capping.
Support: 4,389.06, 4,377.27, 4,364.60
Resistance: 4,397.21, 4,400.00
What it said to watch
Four bars have stalled under the 4397.21 session high — failure to clear 4400 round number would mark rejection
A 15m close back below the 4377 brk level invalidates the breakout read
Loss of the 4364.60 pre-brk base breaks the higher-low chain
Fed's Bowman crossing at 07:30 UTC and US Industrial Production at 13:15 UTC can reprice this leg quickly
07:32 UTC
Uptrend, impulsive and extended · RSI 79 · price 4,395.86
Higher highs / higher lows since the 4334 Asia low; Asian range broken to the upside.
London open ran the Asian range high at 4365.60 and extended in a near-vertical leg to a session high of 4397.17, with RSI(14) near 79 — hot but consistent with the CTA short-squeeze tone in gold. Price is holding the 4377.27 breakout level as the last higher low, pressing the 4400 psych figure into Bowman's 07:30 UTC remarks.
Support: 4,377.27, 4,365.60
Resistance: 4,397.17, 4,400.00
What it said to watch
4400 psych — area to monitor for rejection or a clean break above the session high
M15 close back under the 4377.27 breakout level would break the higher-low chain
Loss of 4365.60 asia high puts price back inside the Asian range
Bowman speech at 07:30 UTC is the immediate event risk to this extension
07:17 UTC
Uptrend, extended into session high · RSI 74 · price 4,390.23
Chain of higher highs/higher lows; prior-day high taken out.
Early London hours produced a clean breakout: gold ran from 4360.36 through Thursday's 4381.15 prior high to a session high of 4397.17, the oil-driven yield pullback continuing to underwrite the squeeze off Wednesday's low. RSI(14) at ~74 with the last four bars stalling just under the 4400 round number — first flat patch since the impulse began, price still ~16 pts above the rising EMA20 at 4374.
Support: 4,381.15, 4,374.00, 4,360.36
Resistance: 4,397.17, 4,400.00
What it said to watch
Fed's Bowman at 07:30 UTC, the first post-FOMC guidance, can reprice this leg within the next bar or two
A 15m close back below 4381.15 would turn the prior high into a failed breakout rather than a retest level
Acceptance above 4397.17 opens the 4400 round number as the next reference
Loss of the 4360.36 swing low breaks the higher-low chain built through the London session
US Industrial Production 13:15 UTC (f/c +0.3%) is the next scheduled catalyst
HH/HL chain since the Asia low, breakout above prior high holding.
Gold has run in a clean HH/HL chain off the 4334.49 Asia low, and the late-Asia/pre-London push cleared yesterday's 4381.15 prior high to print a 4397.17 session high — the squeeze the news digest frames as oil-led yield relief with CTAs light. RSI(14) near 81 is stretched and the last two bars have stalled just under the 4400 psych level without giving ground.
Support: 4,381.15, 4,360.36, 4,334.49
Resistance: 4,397.17, 4,400.00
What it said to watch
Fed's Bowman at 07:30 UTC is the first post-FOMC guidance and can decide whether 4400 psych gives way or caps the move
Failure to clear the 4397.17 session high while RSI holds above 80 would flag momentum fade rather than continuation
Loss of the 4381.15 prior high puts price back inside yesterday's range and invalidates the breakout read
A close below the 4360.36 swing low breaks the rising support line off the asia low
Higher highs and higher lows, breakout above yesterday's high.
Late Asia hours ran a clean vertical breakout: price cleared the 4381 prior high and the 4389 breakout level in four bars to print a 4397.00 session high, with the oil-driven yield pullback still doing the work behind the move. RSI(14) at 77 is hot and 4400 round number sits immediately above; ATR(14) near 840 pips shows the expansion is real, not drift.
Support: 4,389.00, 4,381.00
Resistance: 4,397.00, 4,400.00
What it said to watch
Fed's Bowman at 07:30 UTC is the first post-FOMC guidance and could materially shift this read within the next few bars
Failure to hold 4389 breakout on a pullback would mark the move as exhaustion rather than continuation
A close back below the 4381 prior high invalidates the breakout structure
Reaction at the 4400 round number — area to watch for rejection or acceptance above
Higher highs / higher lows; Asia range broken to the upside, prior NY high cleared.
Gold based at the 4334.49 asia low late in the Asian session and ran ~59 dollars into the London open, clearing yesterday's NY high at 4381.15 and printing a 4393.85 session high — consistent with the oil-driven squeeze in a lightly positioned market. RSI(14) near 78.6 with price extended above EMA20/EMA50; the 4400 round number is the immediate area to watch for rejection or break, ATR(14) ~860 pips (8.60).
Support: 4,381.15, 4,360.85, 4,334.49
Resistance: 4,393.85, 4,400.00
What it said to watch
Fed's Bowman at 07:30 UTC is the first post-FOMC guidance and could materially shift this read
Failure to hold 4381.15 prior high on a close basis puts price back inside the Asia range
Rejection at the 4400 round number with RSI above 78 would flag a stall rather than continuation
A close below 4360.85 breakout base invalidates the London breakout structure
Asia session drove through the 4361-4371 band and the prior 4381 swing high, printing a session high at 4390.33 with RSI(14) near 76 — the post-Fed short-covering squeeze extending as yields eased. The leg began at the 4334.49 session low; 4377.30 is the breakout base left behind, with 4400 psych the next reference above.
Support: 4,377.30, 4,364.00, 4,334.49
Resistance: 4,390.33, 4,400.00
What it said to watch
A close back under the 4377.30 breakout base would drop price into the prior range near 4364
Failure to hold 4364 prior range top invalidates the range break read
Fed's Bowman at 07:30 UTC lands within the next bars and can reprice this move
RSI(14) above 75 with price at the session high — stalling here without a new high would flag momentum loss
06:04 UTC
Uptrend, momentum expanding into new session highs · RSI 72 · price 4,383.10
Higher-high / higher-low chain off the 4334.5 asian low; 4380 cap cleared.
Asia ground higher off the 4334.5 asian low and has just pushed through the 4380 cap that held twice in NY hours, closing at a fresh session high of 4383.8 with RSI(14) near 72 — the yield-driven short-covering move the digest flags, extending into the pre-London hour. The 4361-4371 band that capped Thursday now sits below price as old res band support, with 4400 the round number reference above.
Support: 4,371.00, 4,356.90, 4,334.50
Resistance: 4,383.80, 4,400.00
What it said to watch
A close back under 4371 old res band would mark the move as a false break of the 4380 cap
Loss of the 4356.9 swing low negates the range break and returns price into Thursday's 4340-4380 range
Failure to hold 4334.5 asian low would confirm a lower low on this timeframe
Fed's Bowman at 07:30 UTC lands inside the next bar period and can materially shift this read
05:47 UTC
Uptrend, momentum building into London · RSI 68 · price 4,375.51
Higher lows off the asia low, range break above 4369.
Asia session based at 4334.49, then chained higher lows and broke the 4369 range ceiling in the last hour before London, printing 4378.31 and stalling just under yesterday's NY high at 4381.15 — consistent with the yield-driven short-covering squeeze in the digest. RSI(14) near 68 is hot but not extreme, and 4360.36 is the breakout base the move left behind.
Support: 4,360.36, 4,344.83, 4,334.49
Resistance: 4,381.15, 4,400.00
What it said to watch
A clean M15 close above 4381.15 prior high extends the squeeze toward the 4400 psych level
Loss of 4360.36 breakout base turns the break into a false break and puts asia mid 4344.83 back in play
Fed's Bowman at 07:30 UTC lands inside the next few bars and could reset this read
05:32 UTC
Short-term uptrend off the Asia low, stalling into resistance · RSI 59 · price 4,362.69
Higher highs / higher lows since 4334.49, last four bars consolidating under 4369.50.
Asia session dipped to a session low of 4334.49 before a steady recovery back into the 4361-4371 band that capped the post-FOMC short-covering squeeze; last four bars are consolidating just under the 4369.50 session high with RSI(14) near 59. The 4381.15 prior high from NY hours remains the unbroken cap, giving a descending resistance line into today's range.
Support: 4,356.90, 4,344.40, 4,334.49
Resistance: 4,369.50, 4,371.00, 4,381.15
What it said to watch
M15 close above 4371 band top would put 4381.15 prior high back in play
Loss of 4356.90 micro pivot returns focus to the 4344.40 asia low
A break below 4334.49 session low would end the higher-low chain
Fed's Bowman speech 07:30 UTC, roughly two hours out, can reset this intraday read
Higher lows since 4334.49, pressing into 4361-4371 band.
Gold based at 4334.49 in early Asia hours and has since built a chain of higher lows back into the 4361-4371 band, with the session high at 4369.30 capping the last three bars. The move extends Thursday's yield-driven short-covering squeeze; price holds above EMA20 and EMA50 with RSI(14) near 65, hot but not extreme. Asia range low around 4344 is the first structural floor below the 4356.90 higher low.
Support: 4,356.90, 4,344.00, 4,334.49
Resistance: 4,369.30, 4,371.00, 4,381.15
What it said to watch
A 15m close above the 4371 band top would extend the squeeze toward the 4381.15 prior high
Rejection at 4369.30 session high followed by loss of 4356.90 intraday hl puts the asia range back in play
Failure to hold 4334.49 swing low confirms a lower-low and breaks the intraday higher-low chain
Fed's Bowman speech at 07:30 UTC and US Industrial Production at 13:15 UTC could materially shift this read
05:04 UTC
Recovery leg, grinding higher off Asia low · RSI 63 · price 4,365.74
Higher lows since 03:15 UTC, pressing Asian range top.
Asia has ground back from the 4334.49 asia low to the 4367.50 session high, retracing roughly two-thirds of yesterday's NY slide from the 4381.15 prior day high, with RSI(14) near 63 and price above both EMA20 and EMA50. The bid is the same yield-driven short-covering the digest describes, but the 4361-4371 supply band is still capping every push.
Support: 4,356.84, 4,344.04, 4,334.49
Resistance: 4,367.50, 4,371.00, 4,381.15
What it said to watch
A 15m close above the 4371 supply band would put the 4381.15 prior day high back in play
Failure to hold the 4356.84 swing low drops price back inside the Asian range toward 4344.04 asia mid
Fed's Bowman at 07:30 UTC (~2.5h) is the immediate event risk to this intraday read
Asia session dipped to 4334.49 in a false break of the 4342–4347 shelf, then reversed in one 18-dollar bar and is now closing on the asia high at 4366.45 with price back above ema20 (~4355.5). The move sits inside the broader $4,361–4,371 resist band that has capped gold since the yields-led bounce off the post-Fed low; RSI(14) at 57 is neutral, ATR(14) ~780 pips ($7.8) per bar.
Support: 4,355.50, 4,347.40, 4,334.49
Resistance: 4,366.45, 4,371.00, 4,381.15
What it said to watch
M15 close above the 4371 resist band opens the 4381.15 prior high
Failure to clear the asia high at 4366.45 keeps the 4334–4366 range intact
Loss of the 4347.40 swing low re-exposes the asia low at 4334.49
Fed's Bowman 07:30 UTC lands just after London open and could reset this range read
Lower highs from 4381.15 into Asia, then false break of the session low and snap-back into range.
After topping at 4381.15 on the yields-led bounce during NY hours, gold traced lower highs into Asia, then swept 4334.49 at 03:15 UTC and reversed 24 dollars in a single bar — a false break of the session low. Price is now pressing the 4361 recent high with RSI(14) back at neutral ~52 and ATR(14) near 780 pips.
Support: 4,344.00, 4,334.49
Resistance: 4,365.60, 4,371.00
What it said to watch
M15 close above the 4365.60 asia high puts the 4371 prior high band in play
Failure to hold the 4344 swing low re-exposes the 4334.49 session low
Fed's Bowman at 07:30 UTC is the immediate event risk into the London open and could shift this read
Asian range 4334–4366 after NY reversal from 4381.
Thursday's NY push to the 4381.15 prior high was rejected and the metal has since chopped inside an Asian range between 4334.49 and the 4365.60 asia high, with the yield/USD pause behind the earlier bounce. Late Asia dipped through the 4344.40 swing low to 4334.49 and reversed the entire move in one bar — a false break — leaving price back mid-range with RSI(14) flat near 50 and ATR(14) around 815 points per bar.
Support: 4,344.40, 4,334.49
Resistance: 4,365.60, 4,381.15
What it said to watch
M15 close above the 4365.60 asia high invalidates the range read
Failure to hold 4334.49 asia low confirms a lower low and reopens the mid-4320s
Loss of the 4344.40 swing low would put the range base back in play
Fed's Bowman at 07:30 GMT and US Industrial Production at 13:15 GMT could materially shift this read
04:03 UTC
Range-bound after NY pullback, short-term momentum turning up · RSI 52 · price 4,359.14
Lower highs from 4381.15 into a 4334.49 low, then a one-bar reclaim back into the range.
Late Asia swept the session low to 4334.49 and reclaimed the range mid near 4344 within a single bar, putting price back at the 50% retrace of the NY decline from 4381.15. RSI(14) ~52 and ATR(14) ~9.0 dollars per bar; the asia high at 4365.60 and the 4371.70 ny swing hi still cap the recovery into the London open.
Support: 4,344.00, 4,334.49, 4,327.00
Resistance: 4,365.60, 4,371.70, 4,381.15
What it said to watch
M15 close above the 4365.60 asia high confirms the false break and exposes 4371.70
Failure to hold 4344 range mid puts the 4334.49 session low back in play, with the 100-dma near 4327 beneath
Fed's Bowman at 07:30 GMT lands inside the next few bars and could shift this read
Range with lower highs broken by V-shaped recovery.
Asia hours swept the 4344 asia base down to a 4334.49 session low, then reversed the entire leg in two bars to close back above the ema20 near 4351 — a false break rather than a trend extension. Price now sits under the 4365.60 session high with the 4375.14 supply shelf and 4381.15 prior day high above; RSI(14) at 55 is neutral after the snapback, ATR(14) around 865 pips keeps intrabar swings wide. The bounce fits the yield-led relief in the digest, with rallies still capped inside the 4361–4375 band.
Support: 4,351.00, 4,344.00, 4,334.49
Resistance: 4,365.60, 4,375.14, 4,381.15
What it said to watch
M15 close above the 4365.60 session high would invalidate the lower-highs read and expose the 4375.14 supply shelf
Failure to hold 4334.49 confirms a lower low and reopens the 4327 area below the asia base
Loss of the ema20 near 4351 would put the recovery leg back in question
Fed's Bowman 07:30 GMT and US Industrial Production 13:15 GMT could reset this intraday range
03:32 UTC
Intraday pullback, lower highs since NY · RSI 38 · price 4,341.90
Lower-high chain inside the Asian range, lower edge broken.
Asia has faded the NY bounce: after capping at the 4365.6 asia high, price built a lower-high chain through 4356.6 and cracked the earlier 4339.8 floor, printing a session low at 4334.5 before closing back at 4341.90. RSI(14) near 38 with price under both EMA20 and EMA50; ATR(14) about 790 pips per bar, so the metal is still moving in $8 candles even in thin pre-London hours. The move fits the digest's read of rallies being capped while yields hold up post-Fed hike.
Support: 4,334.50, 4,325.00
Resistance: 4,356.60, 4,365.60
What it said to watch
Reclaim of the 4356.6 swing high would break the lower-high sequence
Failure to hold the 4334.5 session low exposes the 4325 swing low
Fed's Bowman 07:30 GMT, then US Industrial Production 13:15 GMT, could reset this intraday read
Asia pushed to 4365.60 then rejected it, giving back the entire overnight leg and leaving price pinned on the 4343.34 range floor with RSI(14) near 46 and price under both EMA20 and EMA50. Post-Fed hawkish repricing keeps bounces capped: the lower high at 4356.60 holds and the prior day high at 4381.15 was left unchallenged.
Support: 4,343.34, 4,339.81
Resistance: 4,356.60, 4,365.60, 4,381.15
What it said to watch
M15 close below 4339.81 asia low confirms a lower low and puts the range floor behind price
Reclaim of the 4356.60 lower high breaks the lower-high chain and re-exposes the 4365.60 asia high
Fed's Bowman 07:30 GMT and US Industrial Production 13:15 GMT could reset the intraday range
03:03 UTC
Sideways after NY spike faded · RSI 50 · price 4,346.16
Asia range with lower highs, holding above 4340.
Gold spiked to 4381.15 in the NY session on the yield/USD pullback, then bled back into a 4339.81–4365.60 Asia range. Last few bars rejected 4356.60 and 4365.60 and price is back under EMA20/EMA50 with RSI(14) near 50 — no directional structure in play.
Support: 4,343.34, 4,339.81, 4,327.00
Resistance: 4,356.60, 4,365.60, 4,381.15
What it said to watch
M15 close above the 4365.60 asia high would break the range read and put 4381.15 prior day high back in focus
Loss of 4343.34 swing low and then the 4339.81 asia low would extend the sequence of lower highs toward the 4327 100-dma pivot
Fed's Bowman at 07:30 GMT and US Industrial Production at 13:15 GMT are the near-term catalysts that could void this range
Asia range 4339.81–4365.60, compressing between lower highs and higher lows.
Thursday's London-NY leg carried gold from 4274 to a 4381.15 prior high as easing US yields took pressure off the metal, then faded through the NY close. Asia has done nothing but compress: rejection at 4365.6 asia high, demand at 4339.81 asia low and again at the 4344.04 swing low, with price now mid-range and pinned to EMA20 near 4351.
Support: 4,344.04, 4,339.81
Resistance: 4,365.60, 4,381.15
What it said to watch
M15 close above the 4365.6 asia high would break the range top and put 4381.15 prior high back in play
Loss of the 4344.04 swing low then 4339.81 asia low confirms a lower-low and voids the range read
Fed's Bowman 07:30 GMT and US Industrial Production 13:15 GMT can break this compression inside the next few hours
02:32 UTC
Range-bound, mild upward drift in Asia · RSI 58 · price 4,354.58
Higher lows off the 4340 area inside the prior NY range.
Gold spiked to the 4381.15 prior high at the NY open yesterday on the yield/USD pullback, then bled back to a 4340.56 ny low late in the session. Asia has ground higher from there into a 4365.60 asia high before being rejected back to 4344.04 asia low; price now mid-range at 4354.58 with the 4371.69 supply shelf still untested this session and ATR(14) near 700 pips ($7 per bar).
Support: 4,344.04, 4,340.56
Resistance: 4,365.60, 4,371.69, 4,381.15
What it said to watch
M15 close above 4365.60 asia high re-opens the 4371.69 supply shelf and the 4381.15 prior high
Loss of 4344.04 asia low, then 4340.56 ny low, breaks the Asian sequence of higher lows
Fed's Bowman (07:30 GMT) and US Industrial Production (13:15 GMT) are the intraday catalysts that could break this range
02:17 UTC
Up off the London impulse, momentum stalled · RSI 57 · price 4,351.38
Range/consolidation under 4365, lower highs since 4381.
After the NY-hours spike to 4381.15 faded, price has spent Asia hours chopping 4340–4365, with the 4365.60 session high rejected on the latest attempt and the move retraced to 4351. RSI(14) near 57 and ATR(14) ~686 pips (6.9 points per bar); the 4339.81 asia low and 4344.04 session low have contained every dip so far, with the 4371 supply shelf still unchallenged.
Support: 4,344.04, 4,339.81, 4,324.93
Resistance: 4,365.60, 4,381.15
What it said to watch
M15 close above the 4365.60 session high puts the 4371 supply shelf and prior high at 4381.15 back in play
Loss of 4339.81 asia low confirms a lower low and exposes the 4324.93 swing low
BoJ decision ahead of the London open plus Fed's Bowman at 07:30 GMT can reset this Asia range read
02:04 UTC
Rangebound after NY rally, upside momentum fading · RSI 53 · price 4,347.48
Lower highs from 4381 into a 4340-4365 intraday band.
Asia session pushed out of the overnight 4340-4350 shelf to a session high of 4365.60 before an immediate rejection dumped price back to 4347, leaving the break unconfirmed. The move sits inside the broader 4340-4381 band carved out during Thursday's NY rally, which came as Treasury yields eased off multi-year highs; RSI(14) back to neutral at ~53 with price marginally under EMA20.
Support: 4,339.81, 4,323.40
Resistance: 4,365.60, 4,372.00, 4,381.15
What it said to watch
M15 close above 4365.60 session high re-engages the 4372 supply shelf and the 4381.15 prior high
Loss of the 4339.81 asia low turns the range read lower and exposes the 4323 ny low
Fed's Bowman at 07:30 GMT and US Industrial Production at 13:15 GMT can reset this intraday range
ATR(14) near 640 pips - failed breaks of this size are within normal noise
01:32 UTC
Short-term uptrend off the Asian low · RSI 63 · price 4,359.75
Higher highs and higher lows since 4,339.81, price in upper half of the Asian range.
Asia session grinding up: the flat 4,344 range shelf that held for two hours broke near 00:00 UTC and price is now pressing the session high at 4,365.60, which capped the last two bars. The NY leg to 4,381.15 came on the yield/USD pullback, and the 4,339.81 session low has since produced a chain of rising lows; RSI(14) near 63, ATR(14) about 690 pips ($6.9) per bar.
What it said to watch
M15 close above 4,365.60 puts the 4,375.14 swing high and 4,381.15 prior day high back in play
Loss of the 4,344 range shelf negates the breakout read and reopens the 4,339.81 session low
Fed's Bowman at 07:30 UTC and the BoJ outcome pre-London can shift the yield/USD driver behind this leg
01:17 UTC
Intraday uptrend off the Asia low · RSI 67 · price 4,358.24
Higher lows since 4339.81, grinding back into the 4365–4371 supply band.
Gold spent the late NY hours flat on a 4340–4349 shelf, then broke it in early Asia and tagged 4365.60 before settling at 4358.24, with RSI(14) near 67. Price is well clear of the 100-dma at ~4327 that capped rallies earlier this week after yields and crude cooled; the 4365–4374 band is the immediate area to watch for rejection or break.
Support: 4,344.40, 4,339.81, 4,327.00
Resistance: 4,365.60, 4,374.25, 4,381.15
What it said to watch
Sustained trade above 4365.60 asia high opens the 4374.25 swing high and the 4381.15 ny high
Loss of the 4344 range base breaks the higher-lows chain and puts 4339.81 asia low back in play
Fed's Bowman 07:30 UTC and US Industrial Production 13:15 UTC can reset this intraday read
A slide back under 4327 100-dma would restore the ceiling that capped price earlier in the week
01:04 UTC
Intraday uptrend off the asia low · RSI 62 · price 4,359.65
Higher highs and higher lows since 4339.81; asia range resolved upward.
Friday Asia hours have broken the 4339.81–4349.57 overnight range top, price grinding to 4359.65 and recovering roughly half of Thursday's NY slide from 4381.15. RSI(14) at 62 with price above EMA20 and EMA50; the move fits the broader relief bounce as Treasury yields and crude cooled, with the 4367.21 prior high the first supply shelf overhead.
Support: 4,350.88, 4,339.81
Resistance: 4,367.21, 4,381.15
What it said to watch
Loss of the 4350.88 swing low re-opens the asia low at 4339.81 and negates the range break
Acceptance above the 4367.21 prior high would put the 4381.15 thu ny high back in play
Fed's Bowman at 07:30 UTC and US Industrial Production at 13:15 UTC can reset this intraday read
Asia range break above 4350 after NY fade from 4381.
Thursday's NY leg carried gold to 4381 on cooling yields and oil before a slow fade into a tight 4340–4350 Asia range. Early Asia hours have broken that range, last close 4356.48 with RSI(14) near 60 and price back above EMA20 and EMA50; the 4357.4 asia high is the immediate cap and the 4342 range base absorbed three tests before the break.
Support: 4,342.00, 4,323.40
Resistance: 4,357.40, 4,366.90, 4,381.20
What it said to watch
M15 close above the 4357.4 asia high opens the 4366.9 ny high
Loss of the 4342 range base puts the break back inside the Asia range
A slide through 4342 re-exposes the 4323.4 swing low
Fed's Bowman (07:30 UTC) and US Industrial Production (13:15 UTC) can reset intraday structure
00:18 UTC
Intraday pullback stalling, early Asia bid returning · RSI 63 · price 4,354.59
Lower highs off 4381 into a 4340-4350 range, top now broken.
Early Asia pushed through the 4349.6 asia high and printed 4355.20, the first higher high since price drifted off the 4381 NY peak; RSI(14) back near 63 with price reclaiming EMA20 and EMA50. The move extends the post-FOMC relief bounce as Treasury yields cooled, but 4356.4 prior high is capping the current bar.
Support: 4,349.60, 4,339.80
Resistance: 4,356.40, 4,365.50
What it said to watch
M15 close back below 4349.6 puts price back inside the 4340-4350 asia range
Acceptance above 4356.4 prior high exposes the 4365.5 ny swing hi and breaks the lower-high chain off 4381
Loss of 4339.8 asia low confirms a lower low on the session
Fed's Bowman 07:30 UTC and US Industrial Production 13:15 UTC could materially reshape this read
00:03 UTC
Pullback from NY high, now flat · RSI 44 · price 4,343.07
Lower highs off 4381, tight Asia range 4340-4350.
Gold spiked to 4381.15 in the NY session as yields and the oil rally cooled, then bled back in a chain of lower highs (4374, 4365, 4356) and has gone flat between 4339.81 and 4349.57 through thin Asia hours. RSI(14) at 44 and price under both EMA20 and EMA50 — no structural development in the last eight bars, ATR(14) around 575 pips (5.75).
Support: 4,339.81, 4,324.93, 4,327.00
Resistance: 4,349.57, 4,356.44, 4,365.82
What it said to watch
M15 close above the 4349.57 range high reopens 4356.44 prior high, then 4365.82 swing high
Loss of the 4339.81 range low extends the lower-high sequence toward the 4324.93 swing low and the 100-dma near 4327
Fed's Bowman at 07:30 UTC and US Industrial Production at 13:15 UTC can override this intraday range read