Gold has bled lower for a third session since Wednesday's hawkish Warsh-led FOMC, sliding from $4,382 to a week low at $4,121 with USD pressing YTD highs. Price is now consolidating in the $4,143–$4,183 zone, holding below EMA20 with RSI(14) recovering off its lows but capped in the mid-40s. The $4,200 psych level and the recent $4,183 high remain the resistance to clear before the down-leg is questioned.
Resistance: 4,200.00
What it said to watch
Clean break below 4121 week low opens further downside
H1 close above 4200 psych challenges the downtrend read
S&P Global PMIs Tue 13:45 UTC could materially shift this read
Gold has been in a one-way slide since Wednesday's hawkish Warsh-led FOMC, dropping from the 4382 high through the 4250 and 4210 shelves to a 4125 week low. Price is now consolidating in a 4145–4183 band, holding above that low with RSI(14) lifting off oversold toward 42. The bounce is unfolding well below EMA20 and EMA50, keeping the broader structure pointed lower.
Support: 4,125.16
Resistance: 4,183.00, 4,210.00, 4,250.00
What it said to watch
H1 close below 4125 opens further downside
Reclaim of 4183 then 4210 needed to ease the sell pressure
S&P Global PMIs Tue 13:45 UTC (HIGH) could materially shift this read
Core PCE Thu remains a near-term risk to the bounce
19:03 UTC
Downtrend, bouncing off lows · RSI 43 · price 4,155.54
Lower highs into a low base, consolidating.
Gold extended its post-FOMC slide through the week, falling from a ~4382 high to a low near 4122 as the USD held YTD highs and US-Iran talks were called off. Price has spent the last several hours consolidating 4142–4183 below EMA(20), with RSI recovering off oversold but the swing high at 4183 capping attempts. The 4210 prior-low zone now sits as overhead resistance.
Support: 4,122.00, 4,142.00
Resistance: 4,183.00, 4,210.00
What it said to watch
Failure to hold the 4122 week low confirms a fresh lower-low
H1 close above 4210 would reclaim the prior-low zone and ease the downtrend read
S&P Global PMIs (Tue) could materially shift this read given stretched USD positioning
19:03 UTC
Downtrend, attempting to base · RSI 43 · price 4,155.54
Lower highs and lower lows since Tuesday.
Gold extended its post-FOMC slide for a third straight session, sliding from the 4382 high to a 4121 weekly low as the hawkish Warsh-led Fed and a YTD-high USD did the damage. Price is now basing in a 4142–4180 band with RSI(14) recovering off oversold but still sub-50, and price holding well below both H1 EMAs. The 4180 ceiling has capped two bounce attempts during the NY session.
Support: 4,142.00
Resistance: 4,180.00, 4,210.00
What it said to watch
Loss of 4121 weekly low confirms a fresh lower low
Hourly close back above 4210 prior support neutralises the downtrend read
S&P Global PMIs (Tue 13:45 UTC) could materially shift this read
Gold extended its post-FOMC slide through the week, the hawkish Warsh-led Fed and YTD-high USD driving XAU off the $4,382 high. Price sliced through the $4,210 weekly low into the $4,120s before stabilising, and is now consolidating $4,121–$4,183 below both EMAs with RSI(14) basing near 40. The $4,210 prior low now caps as overhead resistance.
Support: 4,121.74
Resistance: 4,210.00
What it said to watch
S&P Global PMIs Tue could reinforce the USD bid and pressure price back toward/below the 4121.74 week low
Reclaim of 4210 would neutralise the broken-support read
Waller speech Mon may shift the hawkish-Fed driver behind this slide
Gold extended its post-FOMC slide for a third straight session, dropping from the ~4382 high into a one-week low near 4121 as the hawkish Warsh-led Fed and YTD-high USD weighed. Price is basing around 4150 with RSI(14) lifting off oversold, but it remains well below EMA20 and EMA50 with lower highs intact since the crash. The 4180–4210 band that broke earlier in the week now caps the bounce as overhead resistance.
Resistance: 4,210.00
What it said to watch
Hourly close above 4210 would break the lower-high sequence and invalidate the downtrend read
Failure to hold 4121 confirms a lower-low and reopens the downside
S&P Global PMIs Tue 13:45 UTC could materially shift this read
Lower highs and lower lows since FOMC, bouncing off week low.
Gold has been in a sustained downtrend since Wednesday's hawkish FOMC, which dumped price from the $4,380 area to a week low near $4,121 as the USD pushed to YTD highs. The relief bounce stalled at the $4,182 bounce high and price sits back below EMA(20), with the $4,200 psych level and the $4,220 prior low now capping overhead. RSI(14) has lifted off oversold but remains sub-50, and demand stepped in around the $4,145 swing low.
What it said to watch
An H1 close back above the $4,200 psych level would temper the downside read
Failure to hold the $4,121 week low confirms continuation lower
S&P Global PMIs (Tue) and Core PCE (Thu) are the key USD risks for the next legs
Gold has trended lower all week, accelerating after Wednesday's hawkish FOMC dropped guidance and lifted the dots, with price collapsing from the $4,380 area to a one-week low near $4,121. A shallow recovery into the NY session was capped at 4180 before fading back to 4155, leaving the structure of lower highs intact. Price remains below EMA(20) and EMA(50) with RSI(14) recovering off oversold but still sub-50.
Support: 4,144.36
Resistance: 4,180.04
What it said to watch
H1 close above 4180 challenges the lower-high sequence
Failure to hold 4144 reopens the 4121 week low
S&P Global PMIs Tue could reignite the USD-led downside
Gold has bled steadily since Wednesday's hawkish FOMC, with the $4,380 top collapsing in a single high-volume bar and the slide extending to a week low at 4121.74 into the NY session. Price is below both EMA(20) and EMA(50) and every pullback has stalled under the descending lower-highs line; the latest bounce to 4182 faded back toward 4150. RSI(14) has lifted off oversold to ~44, but structure remains firmly down.
Support: 4,121.74, 4,100.00
Resistance: 4,200.00
What it said to watch
Hourly close back above 4200 would challenge the lower-highs structure
Failure to hold 4121.74 opens further downside toward the 4100 round number
Fed's Waller (Mon) and S&P Global PMIs (Tue) could materially shift this read
Gold has bled lower all week, imploding from the ~4382 high into the low-4120s after Wednesday's hawkish Warsh-led FOMC lifted USD to YTD highs. The bounce into the NY session stalled at 4182 and price has since drifted back to 4148, holding below EMA20 and EMA50. RSI(14) has lifted off oversold to ~41 while price held above the 4121 swing low.
Support: 4,121.74
Resistance: 4,182.00, 4,200.00
What it said to watch
Close below 4121.74 confirms continuation of the lower-low sequence
Reclaim of 4200 needed to challenge the overhead resistance cluster
S&P Global PMIs (Tue) and Waller (Mon) could materially shift this read
Gold has been in a stair-step decline all week, accelerating sharply after Wednesday's hawkish FOMC dot plot drove a single-bar collapse from 4382 toward 4270. Price has stayed pinned below EMA(20) and EMA(50) since, carving lower highs into a third down day. A bounce off the 4125 swing low stalled at 4183, leaving price consolidating around 4150 with RSI(14) cycling in the low 40s.
Support: 4,125.16, 4,100.00
Resistance: 4,183.00, 4,219.00
What it said to watch
H1 close below 4125 opens the path toward the 4100 round number
Reclaim of 4219 would challenge the lower-high structure
S&P Global PMIs Tue 13:45 UTC could materially shift this read
Gold has bled lower for a third straight day since the hawkish Warsh FOMC and strong Retail Sales, collapsing from the week's $4,382 high to a $4,121 low and trading well below EMA(20) and EMA(50). The NY session bounce to 4183 was rejected and price now hovers near 4150 with RSI(14) recovering off oversold but no structural reclaim. Sellers remain in control while the descending sequence of lower highs holds.
Resistance: 4,183.00, 4,210.00
What it said to watch
H1 close back above 4210 would challenge the downtrend structure
Break of 4121 week low opens further downside
S&P Global PMIs Tue 13:45 UTC could materially shift this read
Gold imploded after Wednesday's hawkish Warsh Fed and hot US data, sliding from week highs near 4382 to YTD-low territory at 4122. Price has held below EMA(20) and EMA(50) since that break; the bounce to 4183 was rejected back under 4150 into late trade. RSI(14) is recovering off oversold but the lower-high, lower-low structure remains intact.
Support: 4,121.74, 4,100.00
Resistance: 4,183.00
What it said to watch
H1 close below 4122 confirms momentum continuation toward 4100
Reclaim of 4183 would challenge the descending lower-highs
Fed's Waller Mon 13:00 UTC then S&P PMIs Tue could shift this read
14:02 UTC
Downtrend, momentum heavy · RSI 41 · price 4,149.03
Lower highs and lower lows since FOMC.
Gold has bled lower all week, with the decisive break coming on Wednesday's hawkish FOMC dots that smashed the metal from ~4382 toward the low 4120s. Price sits below both EMA20 and EMA50 and printed fresh lows into the NY session Friday; the bounce to 4183 was sold back to 4149. The 4210 area, former post-FOMC support, now caps recovery attempts.
Support: 4,121.74
Resistance: 4,183.00, 4,210.00
What it said to watch
Reclaim of 4210 would ease the bearish structure
Break below 4121.74 confirms continuation of the lower-low sequence
Fed's Waller (Mon) and S&P Global PMIs (Tue) could materially shift this read
Lower highs and lower lows, near-term relief bounce.
Gold has been in a clean H1 downtrend all week, accelerating Thursday on the hawkish Warsh-FOMC digest that drove a sharp drop from the 4382 high to a 4121 week low. Price is now staging a relief bounce into 4180 with RSI(14) lifting off oversold, but it remains below EMA20 and the 4210 pivot that has repeatedly capped recovery attempts. Lower highs from the 4382 peak stay intact.
Support: 4,147.34
Resistance: 4,210.00
What it said to watch
Reclaim of the 4210 pivot needed to ease the bearish structure
Failure to hold 4147 reopens the 4121 week low
S&P Global PMIs Tue and Waller Mon could materially shift the read
13:03 UTC
Downtrend, extended · RSI 41 · price 4,180.92
Lower highs and lower lows since FOMC.
Gold has trended hard lower all week after Warsh's hawkish FOMC dots crushed a pre-decision rally; the impulsive collapse from the 4382 high mid-week broke clean through prior support and price now sits near fresh week lows. The last few bars show a bounce off 4121 into the NY session, but every leg has tracked below EMA(20) and EMA(50) with rallies capped. The 4210 fomc pivot is the immediate area to watch for rejection or reclaim.
Resistance: 4,210.00
What it said to watch
Reclaim of the 4210 fomc pivot would ease the bearish structure
Loss of 4121 week low opens fresh downside
Fed's Waller (Mon) and S&P Global PMIs (Tue) could materially shift this read
Gold has bled steadily lower since Wednesday's hawkish FOMC, sliding from the $4,382 peak to a $4,121 swing low as the dot-plot repricing and YTD-high dollar weighed through the week. The NY session bounce off $4,121 stalled near $4,178 and price sits back below EMA(20), keeping the lower-high, lower-low sequence intact. The $4,210 pivot flagged in the macro read remains overhead resistance, with rejection capping the recovery attempt.
Resistance: 4,210.00
What it said to watch
Reclaim of the 4210 pivot would ease the downside read; 4178 session high is the first hurdle
Loss of 4121 swing low confirms continuation of the lower-low sequence
Fed's Waller (Mon) and S&P Global PMIs (Tue) could materially shift this read
Gold has been in a clean downtrend since Wednesday's hawkish FOMC, sliding from the $4,382 high to a $4,121 low after the dot plot leaned toward a year-end hike and lifted the dollar to YTD highs. Price is below both EMA(20) and EMA(50) with RSI(14) recovering off oversold into the low 40s on the latest bounce. Demand stepped in around $4,121 but the move into $4,178 has stalled, leaving the $4,210 post-FOMC pivot as the overhead cap.
Resistance: 4,210.00
What it said to watch
Reclaim and hold above 4210 would ease the downside read
Failure to hold 4121 week low confirms continuation lower
Fed's Waller (Mon 13:00 UTC) could materially shift this read
Gold has bled lower all week, accelerating after Wednesday's hawkish FOMC and the surge in USD/yields to YTD highs; the post-FOMC $4,219 floor gave way and the slide extended through $4,200 to a $4,121 low. Price now sits at 4148 below both EMAs with RSI(14) near 39 after a shallow bounce off the low into the $4,178 area failed to hold. The descending sequence of lower highs from $4,382 remains intact.
Support: 4,100.00
Resistance: 4,200.00, 4,219.00
What it said to watch
H1 close below 4121 opens fresh downside toward the 4100 psych level
Reclaiming 4200 would ease the breakdown pressure and target the 4219 fomc low
Waller speech Mon 13:00 UTC and PMIs Tue could materially shift this read
11:02 UTC
Downtrend, bouncing off lows · RSI 41 · price 4,148.14
Lower highs and lower lows since Wednesday.
Gold collapsed after the hawkish FOMC and Warsh-led repricing, breaking down from ~4382 to a 4121 swing low across Thursday's NY session. Price is staging a shallow bounce but remains pinned below EMA20 (~4165) and well under EMA50, with RSI(14) recovering from oversold to the low 40s. The 4178 swing high and the 4210 post-FOMC zone cap the rebound for now.
Gold has bled steadily lower since Wednesday's hawkish FOMC, collapsing from the ~4382 high through the 4200 handle as the dollar pressed YTD highs. Price is pinned below EMA20 and EMA50 with RSI emerging from oversold after the bounce off the 4121 week low into the NY session. The 4178 session high and the broken 4200 handle now cap the recovery.
Resistance: 4,200.00, 4,219.00
What it said to watch
A clean break of 4121 opens the post-FOMC low zone and below
Reclaim of the 4200 handle needed to challenge the 4219 fomc low
S&P Global PMIs Mon could materially shift this read
Gold has bled steadily since Wednesday's hawkish FOMC, breaking the $4,200 psych handle and printing a fresh swing low at 4121 in the NY-Asia transition. Price has clawed back to 4162 in a shallow bounce but remains pinned below EMA20 (~4220) with each rally capped at lower highs. RSI(14) at 39 has lifted off oversold but the broader structure stays a clean sequence of lower highs and lower lows.
Resistance: 4,200.00, 4,220.00
What it said to watch
Reclaim of the 4200 psych level would challenge the lower-high sequence
A close below the 4121 swing low opens continuation toward the post-FOMC zone
S&P Global PMIs Mon 13:45 UTC could materially shift this read
09:03 UTC
Downtrend, momentum heavy · RSI 39 · price 4,169.30
Lower highs and lower lows since FOMC.
Gold has been in a clear downtrend since Wednesday's hawkish FOMC, unwinding from the 4382 high to a 4121 swing low as DXY pushed to YTD highs. Price trades below a falling EMA20 near 4205, with the 4200 psych level — prior range support — now capping as resistance after the breakdown. Buyers stepped in near 4125, lifting the metal to 4169 into the current session.
Support: 4,125.00
Resistance: 4,200.00
What it said to watch
H1 close back above 4200 psych would neutralise the breakdown read
Failure to hold the 4125 swing low confirms continuation toward the post-FOMC zone
S&P Global PMIs Mon 13:45 UTC could materially shift this read
Gold imploded after Wednesday's hawkish FOMC hold and dot-plot, sliding from the ~4382 spike to a weekly trough near 4121 with the 4200 handle giving way cleanly. Price has clawed back to 4169 in a shallow bounce off the low, with RSI(14) lifting off oversold but still sub-40 and price pinned below EMA20/EMA50. The broad bleed remains intact while DXY holds YTD highs.
Resistance: 4,200.00, 4,219.00, 4,255.00
What it said to watch
Reclaim of 4200 psych opens the 4219 post-fomc low and 4255 cluster
Failure to hold 4145 swing low exposes the 4121 week low and below
S&P Global PMIs (Mon 13:45 UTC) and Waller (Mon 13:00 UTC) could shift this read
08:02 UTC
Downtrend, bounce off lows · RSI 39 · price 4,158.76
Lower highs and lower lows since FOMC.
Gold imploded after Wednesday's hawkish Fed hold and the dollar's push to YTD highs, sliding from ~4382 through the 4300 and 4220 shelves to a 4121 trough during the latest sessions. Price is now bouncing toward 4158 but sits well below EMA20 (~4205) and EMA50, with RSI lifting off oversold. The 4200/4219 post-FOMC floor flipped to resistance and is the first cap any recovery must clear.
Support: 4,121.74
Resistance: 4,200.00, 4,219.00, 4,205.00
What it said to watch
Reclaim and hold above 4200/4219 would challenge the post-FOMC breakdown
Failure to hold 4121.74 confirms continuation of the lower-low sequence
S&P Global PMIs (Tue) and Waller (Mon) could materially shift this read
Lower highs and lower lows, bouncing off weekly trough.
Gold remains in a clean H1 downtrend since Wednesday's hawkish FOMC hold, sliding from the $4,382 spike to a $4,121 trough with price pinned below both EMA(20) and EMA(50). A vertical breakdown on the FOMC repricing carried the move; the last few bars show a modest bounce off $4,125 into the Asia session with RSI lifting off the low-30s. The $4,200 round number now sits overhead as the first cap.
Support: 4,100.00
Resistance: 4,200.00, 4,219.00
What it said to watch
Close back above 4200 would challenge the downtrend, opening the 4219 post-fomc low zone
Loss of 4121 confirms a fresh lower-low toward the 4100 handle
S&P Global PMIs Tue 13:45 UTC are the next high-impact print and could reset this read
Gold has been in a one-way slide since the hawkish FOMC mid-week, knifing from the ~4382 high to a fresh 4121 low, with the post-FOMC 4210 trough now flipped to resistance after a clean break. Price sits below EMA20 and EMA50 with RSI(14) pressed into the low-30s as the NY-into-Asia leg extended the unwind. A weak bounce off 4121 has lifted price to 4150 but the structure of lower highs is intact.
Support: 4,100.00
Resistance: 4,210.00
What it said to watch
Reclaim and H1 close above 4210 would neutralise the breakdown read
Failure to hold 4121 opens the path toward the 4100 round level
S&P Global PMIs Tue and Core PCE Thu are the key USD risk events that could shift this read
07:02 UTC
Downtrend, extended · RSI 31 · price 4,150.08
Lower highs, lower lows; fresh weekly low.
Gold imploded roughly $100 Wednesday after the hawkish FOMC dot plot, then broke the 4210 weekly trough into Friday's Asia session and printed a fresh low near 4122. Price trades well below EMA20 and EMA50 with RSI oversold, and the shallow bounce to 4150 has barely dented the decline. The 4210 prior-support shelf now caps overhead as resistance.
Support: 4,122.00, 4,100.00
Resistance: 4,210.00
What it said to watch
H1 close below 4122 extends the post-FOMC unwind toward 4100
Reclaim of 4210 needed to ease the downside pressure
S&P Global PMIs Tue and Core PCE Thu could materially shift this read
Gold cracked from its 4382 high after Wednesday's hawkish FOMC, with the big breakdown bar on heavy volume slicing through the 4219 two-day low and extending into the NY session toward 4121. Price trades well below EMA20 and EMA50 and RSI(14) is pinned near oversold, with only a marginal stabilization in the 4125-4140 zone. The 4219 breakdown shelf now caps as overhead supply.
Resistance: 4,219.00
What it said to watch
Loss of 4121 session low confirms continuation to the next lower low
Reclaim of the 4219 breakdown shelf is needed to ease the downside read
PMIs Tue and Core PCE Thu could materially shift this read via the USD
06:02 UTC
Downtrend, extended · RSI 31 · price 4,136.27
Lower highs, lower lows since FOMC.
Gold has bled steadily lower since Wednesday's hawkish FOMC, the $4,379 high giving way to a sharp impulse drop and a slow grind to a 4121.74 session low as the USD pressed YTD highs. Price sits well below EMA20 and EMA50 with RSI(14) pinned near 31; each NY-session bounce has been sold into prior support now acting as resistance. Last bar's small recovery off 4121 is the first pause, but structure remains a clean sequence of lower highs and lower lows.
Support: 4,121.74, 4,100.00
Resistance: 4,153.69, 4,188.30
What it said to watch
Reclaim of 4153.69 then 4188.30 needed to ease downside pressure
Failure to hold 4121.74 session low opens the 4100 psych level
S&P Global PMIs Tue and Core PCE Thu are the key inflation tests that could extend or unwind this move
05:03 UTC
Downtrend, accelerating · RSI 24 · price 4,125.14
Lower highs, lower lows post-FOMC.
Gold has unwound the early-week push toward 4380, collapsing more than 5% after Wednesday's hawkish FOMC and the resulting USD surge to YTD highs. Price broke the 4219 two-day low and the 4185 prior support without pause, printing fresh session lows at 4123 with RSI(14) pinned deep in oversold and price extended well below EMA20/EMA50. The descent has been one-directional through the last two sessions with each bounce capped quickly.
Support: 4,123.05, 4,100.00
Resistance: 4,185.00, 4,219.00
What it said to watch
Reclaim of 4185 broken support would ease the breakdown read
Failure to hold the 4100 psych level extends the lower-low sequence
A close back above the 4219 two-day low neutralises the impulse
S&P Global PMIs Tue could materially shift the USD-driven read
Gold rolled over hard after Wednesday's hawkish FOMC, the single bar from 4380 to 4286 marking the reversal and price grinding lower through the NY session into a fresh 4123 low. RSI(14) sits oversold near 26 with price extended well below EMA20 and EMA50; every bounce this week has been sold into. The 4219 two-day low has flipped to resistance, with the 4300 pivot the larger barrier overhead.
Support: 4,100.00, 4,123.05
Resistance: 4,219.00, 4,300.00
What it said to watch
Reclaim of 4219 breakdown zone would neutralise the lower-low sequence
Loss of 4100 round number extends the breakdown
S&P Global PMIs Tue and Core PCE Thu are the key inflation tests for the hawkish-Fed read
Sharp downtrend since Wednesday's hawkish FOMC collapse, which sliced ~2% off gold and pushed it below the $4,219 two-day trough as the USD ran to 8-week highs. Price has trended steadily lower beneath EMA20/50 and printed a fresh low at 4145 into the Asia session. RSI(14) is deeply oversold with no bullish divergence yet — each leg lower is confirming new lows.
Support: 4,100.00
Resistance: 4,219.00
What it said to watch
Reclaim of 4219 would ease the post-FOMC breakdown
Failure to hold 4145 opens the path toward 4100
S&P Global Flash PMIs Tue could materially shift this read
04:03 UTC
Downtrend, extending · RSI 28 · price 4,152.23
Successive lower highs and lower lows since FOMC.
Gold has been gutted since Wednesday's hawkish FOMC, collapsing from the ~4382 high to fresh lows near 4145 as the stronger USD and repriced hike odds pinned bullion. The slide accelerated again through the Asia session, with price tracking well below EMA20 and EMA50 and RSI(14) pressed into oversold. The prior 4219 trough has flipped to overhead resistance and capped each bounce attempt.
Reclaim of 4219 would neutralise the post-FOMC breakdown read
S&P Global Flash PMIs (Tue) and Core PCE (Thu) are the next data risks that could materially shift this read
03:03 UTC
Downtrend, accelerating · RSI 30 · price 4,176.35
Lower highs, lower lows; fresh lows.
Gold has been in a steady downtrend since Wednesday's hawkish FOMC, the post-decision collapse from ~4382 dragging price below the 4300 pivot and the 4219 two-day trough. Each session this week has printed lower highs and lower lows, and price is now carving fresh lows near 4172 with RSI(14) hovering near oversold. Both EMAs sit overhead as the slide extends.
Support: 4,172.00, 4,150.00
Resistance: 4,219.00, 4,300.00
What it said to watch
Reclaim of 4219 would ease the lower-low structure
Sustained trade below 4172 extends the slide toward 4150
S&P Global PMIs Tue could materially shift this read
Lower highs and lower lows since FOMC, fresh window lows.
Gold has bled lower all week after the hawkish Warsh-led FOMC on Wednesday gutted the move off the ~4382 high, with the dollar at 8-week highs capping any bounce. Price knifed through the 4219 two-day trough during the latest sessions and is printing fresh window lows near 4176, holding below EMA20 and EMA50 with RSI(14) pinned in oversold. Each pullback into the descending lower-highs has been sold, keeping structure firmly negative.
Support: 4,172.00, 4,150.00
Resistance: 4,219.00, 4,250.00
What it said to watch
Reclaim of 4219 would neutralise the lower-low sequence; sustained trade above 4250 re-opens the 4300 pivot
Failure to hold 4172 confirms continuation toward the 4150 psych level
S&P Global Flash PMIs (Tue 13:45 UTC) could materially shift this read — hot prints extend USD strength
Gold collapsed off Tuesday's $4,382 high after Wednesday's hawkish Warsh-led FOMC and a hot Retail Sales print, capping bullion below the $4,300 pivot. Price broke the $4,219 trough on the latest leg and is printing fresh week lows near $4,185 with RSI(14) deep in oversold territory. EMA(20) and EMA(50) sit well above, every pullback this week has been sold into.
What it said to watch
Reclaim of the $4,219 trough would ease the post-FOMC pressure
Sustained trade below $4,300 keeps the bearish structure intact
S&P Global Flash PMIs (Tue 13:45 UTC) could materially shift this read
Core PCE (Thu 12:30 UTC, f/c 4.4%) is the next inflation test
Sequence of lower highs and lower lows since FOMC.
Gold has trended down all week off Wednesday's hawkish Fed collapse, where price snapped from $4,380 highs to the $4,219 trough as a stronger USD and repriced hike bets weighed. Through the NY-into-Asia sessions price has carved steady lower highs and now sits below EMA20/50, breaking the prior $4,219 post-FOMC low to print fresh lows near $4,184 with RSI(14) in oversold territory. The $4,300 pivot remains well overhead and unchallenged.
Resistance: 4,219.00
What it said to watch
Reclaim of the 4219 post-fomc low would ease the lower-high sequence; sustained trade below keeps the downtrend intact
Flash PMIs (Tue 13:45 UTC) could materially shift this read
Core PCE (Thu) is the next inflation test for the USD path
Gold has been in a clean downtrend since Wednesday's post-FOMC collapse that sliced ~2% off the $4,382 peak; price has ground lower through each subsequent session and now prints fresh lows near 4184, well below both EMAs. RSI(14) is oversold without a clear bullish divergence, and the $4,300 pivot continues to cap any recovery attempt. Hawkish-Fed/firm-USD tone keeps the structure defensive.
Support: 4,184.00, 4,150.00
Resistance: 4,219.00
What it said to watch
Reclaim of 4219 prior trough would ease the downtrend pressure
Sustained trade below 4184 recent low opens 4150 round number
S&P Global Flash PMIs (Tue) are the next major catalyst for this read
Lower highs and lower lows since Wednesday's FOMC.
Gold collapsed off the ~$4,382 high after Wednesday's hawkish FOMC dot plot and a hot Retail Sales print, shedding roughly 2% in a single hour and never recovering the $4,300 pivot. Price has since carved a clean staircase of lower highs, breaking the $4,250/$4,219 weekly-low zone and pressing fresh lows near $4,184 into the Asia session. RSI(14) is in oversold territory and price sits well below both EMA20 and EMA50, with every bounce capped beneath descending resistance.
What it said to watch
Reclaim of the $4,250 weekly low would ease the post-FOMC bearish tone
Sustained trade below $4,184 session low extends the lower-low sequence
S&P Global Flash PMIs (Tue 13:45 UTC) could materially shift this read
Lower highs and lower lows since Wednesday's FOMC drop.
Gold collapsed roughly 2% off the ~$4,382 swing high after Wednesday's hawkish Warsh-led FOMC and a hot Retail Sales beat lifted the dollar, and the slide has extended through the NY-into-Asia hours to fresh lows below $4,200. Price trades well under EMA(20) and EMA(50) with RSI(14) pinned near 31, and the prior $4,219 trough has now flipped to overhead resistance. The $4,300 FOMC pivot caps the broader weekly structure.
Reclaim of 4219 then 4250 would ease the post-FOMC downside read
S&P Global Flash PMIs (Tue 13:45 UTC) could materially shift this read
00:03 UTC
Downtrend, accelerating into new lows · RSI 27 · price 4,192.95
Lower highs and lower lows since Wed's reversal.
Gold collapsed off the ~$4,382 high on Wednesday's hawkish FOMC, dumping ~2% in two bars and then grinding lower through the NY session in a clean staircase of lower highs. Price has now sliced below the $4,219 prior trough that capped it earlier, probing fresh lows near $4,190 with RSI(14) stretched into oversold and price holding well below both EMA(20) and EMA(50).
What it said to watch
Reclaim and hold above $4,219 prior trough would neutralise the breakdown