Every read JAFX AI made on the XAU/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:04 UTC
Downtrend, extended · RSI 41 · price 4,190.01
Lower highs, lower lows since Feb peak.
Gold remains in a multi-week downtrend off the early-Feb peak near 5419, trading well below a falling EMA(50) as a hawkish Warsh-led Fed and a one-year-high dollar strip out the safe-haven bid. Price carved a low near 4067 before a shallow bounce to 4369 was capped and faded back toward 4190. The 4220 zone repeatedly capped recent attempts, keeping the broader structure tilted lower.
Support: 4,067.16, 4,025.00
Resistance: 4,220.00, 4,369.40
What it said to watch
- Core PCE Thu 12:30 UTC is the next pivot and can materially shift this read
- Daily close below 4067 swing low opens the 4025 2026 low
- Daily close above the 4220 rejection cap would challenge the lower-high sequence
21:03 UTC
Downtrend, fourth straight weekly decline · RSI 41 · price 4,190.01
Lower highs and lower lows, below EMA50.
Gold remains in a multi-week downtrend, sliding from the late-February 5419 peak and now trading well below a falling EMA50, with a hawkish Warsh-led Fed and USD near 13-month highs stripping the safe-haven bid. Price tested the 4023 2026-low region then bounced toward 4220, where supply capped, and is consolidating near 4190. The chain of lower highs and lower lows stays intact below the 4220 rejection zone.
Support: 4,023.00
Resistance: 4,220.00
What it said to watch
- Core PCE Thu Jun 25 12:30 UTC could materially shift this read
- Daily close below 4025 confirms a fresh lower-low toward the 2026 lows
- Recovery through 4220 rejection cap is needed to challenge the downtrend