Gold remains in a clean H4 downtrend, printing lower highs and lower lows into its 4th-straight weekly decline sub-$4,100 as a hawkish Fed and a one-year-high USD strip the safe-haven bid. The 4220 zone capped the last bounce and price has since slid toward the 4090 swing low, with ATR holding an expanded, trending regime. Core PCE Thursday is the next pivot for this read.
Support: 4,025.00
What it said to watch
Break of 4090 swing low opens the path toward the 4025 2026-low
A close back above 4144 recent high would challenge the lower-high sequence
Core PCE Thu (12:30 UTC) could materially shift this read
21:03 UTC
Downtrend, extending · RSI 39 · price 4,110.45
Lower highs, lower lows.
Gold remains in a 4th-week downtrend, carving lower highs and lower lows well below the EMA20/EMA50 with price sub-$4,150. The bounce earlier in the window was capped at $4,220 and price has since rolled over toward the $4,090 swing low as a firmer USD near 13-month highs strips the safe-haven bid. ATR is elevated, reflecting the trending, expansionary regime rather than compression.
Support: 4,090.00, 4,025.00
Resistance: 4,220.00
What it said to watch
H4 close below 4090 opens the path to the 4025 2026-low
Reclaim of 4220 needed to challenge the lower-high structure
Core PCE Thu Jun 25 12:30 UTC is the next pivot for this read
Gold remains in a clear H4 downtrend, printing successive lower highs and lower lows as a 1-yr-high USD and the hawkish FOMC dot shift weigh on the metal. Price is pinned below the 4161 swing high after the 4220 rejection earlier this week, with the 4100 psych pivot and the 4090 swing low directly beneath. ATR(14) stays elevated, consistent with an actively extending move rather than compression.
Support: 4,100.00, 4,025.00
Resistance: 4,161.00
What it said to watch
Sustained H4 close below 4100 opens the path toward the 4025 2026 low
Reclaim of 4161 swing high would challenge the lower-high sequence, with 4220 the next capping zone
Core PCE Thu 12:30 UTC (f/c 3.4%) is the week's main catalyst and could materially shift this read
Gold remains in a fourth-week downtrend, carving lower highs and lower lows as a 13-month-high USD and a hawkish dot-plot shift keep the metal heavy below both EMAs. The bounce off 4090 stalled under the 4220 rejection zone and price has rolled back toward the 4090 pivot. ATR remains elevated, consistent with an extending move rather than compression.
Support: 4,090.00, 4,025.00
Resistance: 4,163.00, 4,220.00
What it said to watch
Sustained H4 close below 4090 opens the 4025 2026 lows
Reclaim of 4163 needed to challenge the 4220 rejection zone
Core PCE Thu 12:30 UTC is the week's main catalyst and could reset this read
13:03 UTC
Downtrend, extending · RSI 38 · price 4,126.03
Lower highs, lower lows since the $4,382 swing high.
Gold remains in a clear H4 downtrend, printing successive lower highs and lower lows since the $4,382 rejection, with price now grinding sub-$4,136 after a third straight weekly decline driven by the hawkish Warsh-led Fed and unwinding geopolitical premium. Price sits below both EMA20 and EMA50, which are sloping lower, and ATR is staying elevated as the slide extends. The $4,090 swing low is the immediate floor, while the $4,136 prior low and $4,200-4,205 pivot now cap as overhead supply.
What it said to watch
S&P Global PMIs in ~40min could materially shift this read
Failure to reclaim $4,136 keeps the lower-high structure intact
A close back above the $4,205 pivot would challenge the downtrend
Loss of $4,090 confirms a fresh lower low toward $4,067
Gold remains in a clean H4 downtrend, carving lower highs and lower lows since the 4382 peak and trading well below EMA20/EMA50. The slide accelerated as hawkish-Fed repricing and US-Iran de-escalation drained both rate and fear premium, dragging price beneath the 4136 prior low into the 4090 area. ATR remains elevated, consistent with an extending move rather than compression.
Resistance: 4,136.00, 4,205.00
What it said to watch
Failure to reclaim 4205 keeps the below-pivot bearish tone intact
A close back above 4136 would ease the immediate downside pressure
Loss of 4090 swing low opens the path toward the 4023 range low
S&P Global PMIs imminent — a beat could extend the slide, a miss could prompt a relief probe toward 4205
Gold remains in a clear H4 downtrend, printing successive lower highs from the $4,550 peak and now breaking the $4,136 recent low as the hawkish FOMC and firmer DXY keep pressure on bullion. Price closed at 4096.89 with ATR(14) still elevated, signalling an expanding, trending regime rather than compression. The $4,136 level that capped the prior base has flipped to overhead resistance after the break.
Support: 4,067.16, 4,000.00
Resistance: 4,205.00
What it said to watch
Failure to hold the 4067/4023 swing lows risks downside acceleration toward 4000
A close back above 4136 would neutralise the breakdown and reopen the 4205 pivot
S&P Global PMIs at 13:45 UTC could materially shift this read on a beat or miss
09:03 UTC
Downtrend, extending · RSI 35 · price 4,096.89
Lower highs and lower lows.
Downtrend intact since the $4,595 peak, with a clean sequence of lower highs and lower lows as a hawkish FOMC and firmer USD pressure bullion. Price broke below the $4,136 line-in-sand consolidation and closed at 4096.89, the lowest in the window, with ATR(14) staying elevated as the move extends. The $4,205 pivot and $4,220 swing high cap any rebound from above.
Support: 4,067.16
Resistance: 4,136.00
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
Break of 4067 risks acceleration toward the 4023 swing low
H4 close back above 4136 needed to ease the breakdown
XAUUSD remains in a clear multi-week downtrend, with lower highs capping every bounce and price now grinding along the 4130-4220 zone after the hawkish FOMC repricing and a firmer DXY above 101. The early-week push toward 4382 fully reversed, and the latest bounce stalled near 4210 before sellers pressed price back toward the 4130 low. Price holds below both EMA20 and EMA50, keeping structure heavy.
Support: 4,130.00, 4,067.00
Resistance: 4,220.00, 4,382.00
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
H4 close above 4220 breaks the lower-high sequence
Failure to hold 4130 opens the path toward the 4067 swing low
Gold remains in a clear H4 downtrend, posting successive lower highs and lower lows as a hawkish Fed and DXY above 101 keep pressure on. The bounce toward the 4205 zone faded and price has rolled back over toward the recent 4136 low, with both EMAs sloping lower overhead. ATR remains elevated, consistent with the trend extending rather than compressing.
Support: 4,136.00, 4,100.00
Resistance: 4,205.00
What it said to watch
H4 close below 4121 confirms a fresh lower low and extends the grind toward 4100
Reclaim of the 4205 bounce zone would challenge the lower-high structure
S&P Global PMIs at 13:45 UTC could materially shift this read
Gold remains in a clear H4 downtrend — a third weekly loss as the hawkish FOMC hold and firmer USD pressured the metal back to a one-week low near 4121. Price is basing in a 4120-4210 band with the bounce capped repeatedly at the 4205 pivot, and ATR(14) has compressed off the early-month expansion. Both EMA20 and EMA50 sit above price, keeping the structure rolled over.
Resistance: 4,205.00, 4,330.00
What it said to watch
S&P Global PMIs Tue 13:45 UTC could materially shift this read
H4 close above 4205 opens the path toward the 4330 june high
Failure to hold 4121 confirms a lower-low toward the 4023 ytd low
Multi-week downtrend from the $4,570 region remains intact, with gold pressured by the hawkish Fed hold and a firmer USD before stalling into the $4,121 one-week low. Price has since carved a tight $4,170-$4,220 base, lifting off the lows on Iran de-risking but capped under the $4,220 pivot and EMA50. ATR(14) stays elevated, reflecting the recent expansion lower rather than fresh compression.
Support: 4,121.00, 4,023.00
Resistance: 4,220.00, 4,246.00, 4,316.00
What it said to watch
H4 close above 4220 pivot cap opens the path to 4246 then 4316 mid-jun high
Failure to hold 4121 1wk low confirms a lower-low toward the 4023 ytd low
S&P Global PMIs 13:45 UTC and Core PCE Thu could materially shift this read