Every read JAFX AI made on the XAU/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:03 UTC
Downtrend, momentum extending · RSI 39 · price 4,155.54
Lower highs, lower lows.
Gold remains in a clean H4 downtrend, printing successive lower highs and lower lows since the rollover from the $4,560 area, with the hawkish Warsh-led FOMC and USD at YTD highs the driver. The sharp break below the $4,219 swing accelerated the decline toward $4,121, and ATR(14) expansion shows volatility extending rather than compressing. Price sits below both EMA20 and EMA50, and the recent bounce stalled under the broken $4,219 shelf.
Support: 4,067.16
Resistance: 4,219.00
What it said to watch
- H4 close back above 4219 would neutralise the lower-high structure
- Break of 4121 swing low opens the path toward 4067
- S&P Global PMIs (Tue 13:45 UTC) could materially shift this read
21:03 UTC
Downtrend, extending lower · RSI 38 · price 4,155.54
Lower highs, lower lows.
Gold remains in a clear downtrend, carving lower highs and lower lows since the mid-window peak near 4595, with the hawkish Warsh-led FOMC and USD at YTD highs the driver behind the bleed. Price was rejected hard at the 4382 swing high, collapsed through the 4219 prior low and has since broken below 4200, now probing the 4121 swing low. ATR(14) is elevated — an expansion regime as the move extends rather than compresses.
Support: 4,067.16, 4,023.89
Resistance: 4,219.00, 4,382.39
What it said to watch
- H4 close back above 4219 prior low would challenge the lower-high structure
- Loss of the 4121 swing low opens a deeper flush toward 4067 and 4024
- S&P Global PMIs (Tue) could materially shift this read