Gold remains in a multi-week downtrend, printing successive lower highs and lower lows as the move from the 4595 peak accelerates into fresh lows at 3959. The break of the 4044 lower-band and the 4023/4000 YTD-low zone — driven by the hawkish-Fed bid that has DXY at 13-month highs — has flipped those former supports into overhead resistance, with price now probing the 3959 swing low. ATR is expanding alongside the trend, and RSI near 31 reflects stretched momentum rather than any structural turn.
Support: 3,959.13
Resistance: 4,000.00, 4,044.00, 4,100.00
What it said to watch
Core PCE Thu 12:30 UTC is the dominant catalyst and could materially shift this read
H4 close back above 4044 lower-bb would ease the breakdown pressure
Reclaim of 4100 prior low needed to question the lower-high sequence
Failure to hold 3959 swing low confirms continuation toward the 3900s
21:04 UTC
Downtrend, extending · RSI 30 · price 3,989.54
Lower highs and lower lows, YTD lows broken.
Fourth straight week of decline as gold sliced through the $4,023/$4,000 YTD lows, with price now at 3989 after the rejection near 4220 earlier this week; DXY at 13-month highs on hawkish-Fed bets is the driver. Lower-high structure is intact and ATR(14) is expanding as the move extends lower. RSI is oversold near 29 but shows no bullish divergence yet.
Support: 3,959.00, 3,900.00
Resistance: 4,044.00, 4,100.00
What it said to watch
Reclaim of 4044 lower-bb would ease downside pressure
A close back above 4100 prior high would challenge the downtrend
Core PCE Thu 25 Jun 12:30 UTC could materially shift this read
Failure to hold 3959 swing low opens the 3900 round number
Gold remains in a clean H4 downtrend from the $4,595 area, printing successive lower highs and lower lows as DXY presses 13-month highs on hawkish Fed repricing. Price has broken the $4,100 shelf and now tests the $4,000 psychological level just above the $3,964 swing low, with ATR(14) expanded — a trending, not compressing, regime. Both EMAs cap from above and RSI sits near oversold but without bullish divergence.
Resistance: 4,097.00
What it said to watch
Core PCE Thu 12:30 UTC is the dominant near-term catalyst and could materially shift this read
Sustained break below 3964 confirms continuation of the lower-low sequence
H4 close back above 4097 would challenge the downtrend structure
Gold remains in a clear downtrend, printing lower highs and lower lows since the $4,382 swing and now pressing the $4,000 psychological level and YTD lows after breaking below $4,100. Broad USD strength at 13-month highs and hawkish Fed repricing are driving the unwind. ATR(14) stays elevated, consistent with trend extension rather than compression.
Support: 3,964.00
Resistance: 4,100.00
What it said to watch
Core PCE Thu 12:30 UTC could materially shift this read
Failure to hold $4,000 and the 3964 swing low extends the downtrend
H4 close back above 4100 would ease the breakdown
13:03 UTC
Downtrend, extended · RSI 32 · price 4,042.95
Lower highs and lower lows since early-window peak.
Multi-week downtrend intact — price has carved lower highs and lower lows from the 4595 peak and is now pressing the 4025 2026 low with the 4000 round number just beneath. The hawkish-Fed repricing keeps gold heavy, with bounces capped under the 4100-4130 supply zone. ATR remains elevated, consistent with an extending trend rather than compression.
Support: 4,025.00, 4,000.00
Resistance: 4,100.00, 4,130.00
What it said to watch
H4 close below 4025 opens the path to the 4000 round number
Reclaim of 4100 prior low needed to ease the downtrend
Core PCE Thu 12:30 UTC could materially shift this read
Gold remains in a clean H4 downtrend, carving lower highs and lower lows since the $4,595 peak and now pressing toward the 2026 low near 4025 and the 4000 round number, with the latest close at 4042.95. Price has broken below the prior 4100 prior low and trades well under both EMA20 and EMA50, consistent with the hawkish-Fed USD bid. ATR(14) stays expanded as the slide accelerates rather than compressing.
Support: 4,025.00, 4,000.00
Resistance: 4,100.00
What it said to watch
Loss of 4025 2026 low opens the path to the 4000 round number
Reclaim of the 4100 prior low would challenge the descending channel
Core PCE (Thu 12:30 UTC) is the dominant catalyst and could reset this read
Gold remains in a clean H4 downtrend, carving lower highs and lower lows as it slides into a fourth straight weekly loss, with a 13-month-high USD and hawkish Fed repricing the backdrop. Price has broken below the $4,100 pivot and is now pressing the $4,050 swing low, with ATR still elevated showing the move is expanding rather than compressing. The $4,044 lower-Bollinger and $4,025 2026 low sit as the next downside reference points.
Support: 4,044.00, 4,025.00
Resistance: 4,100.00
What it said to watch
H4 close below 4044 opens the path toward the 4025 2026 low
Reclaim of the 4100 pivot would ease downside pressure
Core PCE Thu 12:30 UTC is the week's key catalyst and could reset this read
Gold remains in a clean H4 downtrend, printing successive lower highs and lower lows from the 4595 peak into the 4050 region, with price stalling just below the 4100 pivot. The slide is driven by a one-year-high USD and rising 2026 Fed-hike bets, and the descending lower-high structure stays intact with price pinned under both EMA20 and EMA50. RSI is in oversold territory after the latest leg down, but momentum has yet to show a structural turn.
Support: 4,050.43, 4,044.00, 4,025.00
Resistance: 4,100.00
What it said to watch
Sustained break below 4050 opens the path to the 4044 lower band and 4025 2026 low
H4 close back above the 4100 pivot would challenge the lower-high sequence toward 4144
Thu 25 Jun Core PCE (f/c 3.4% YoY) is the week's key catalyst and could materially shift this read
Sustained H4 downtrend: lower highs and lower lows since the 4550 region, with price now slicing through the 4100 pivot and pressing the 4050 swing low. The decline tracks the hawkish-Fed, one-year-high USD backdrop that has kept gold heavy below its longer averages. ATR(14) remains elevated near 3,755 pips, consistent with trend extension rather than compression.
Reclaim of 4100 needed to neutralise the bearish structure
Core PCE (Thu 12:30 UTC, ~31h out) is the key catalyst that could shift this read
05:02 UTC
Downtrend, extending · RSI 32 · price 4,062.97
Lower highs, lower lows since early-month top.
Gold remains in a clear H4 downtrend, carving lower highs and lower lows since the 4517 top and now pressing fresh lows at 4050 after losing the 4100 psych pivot. The move is the continuation of a hawkish-Fed, one-year-high USD backdrop with the metal trading below the broken pivot toward the 2026-low zone near 4025. ATR remains elevated, consistent with an expanding, not compressing, leg.
Support: 4,050.43, 4,025.00
Resistance: 4,100.00, 4,220.00
What it said to watch
H4 close below 4025 opens downside continuation toward 2026 lows
Reclaim of 4100 psych pivot needed to ease the downtrend; 4220 rejection cap above
Core PCE Thu 12:30 UTC is the key catalyst that could materially shift this read
Gold remains in a clean H4 downtrend, carving lower highs from the 4382 swing and now pressing the 4100 pivot after rejection at the 4220 cap on Monday. The slide is rate-driven — a hawkish Fed read and a 13-month-high USD are overpowering the Mid-East safe-haven bid. ATR(14) stays elevated, consistent with a trend extending rather than compressing, with the 4025 2026-low zone the next reference below.
Support: 4,025.00
Resistance: 4,220.00
What it said to watch
Sustained H4 trade below 4080 keeps the path open toward the 4025 2026 low
Reclaim of 4220 would be needed to flip the near-term tone
Core PCE Thu 12:30 GMT is the key catalyst and could materially shift this read
01:03 UTC
Downtrend, momentum heavy · RSI 41 · price 4,097.92
Lower highs and lower lows since mid-window.
Gold remains in a multi-week downtrend, carving lower highs from the 4550 zone and pressing the 4100 psych pivot, with the rejection off 4220 reinforcing supply overhead. The 4382 lower high and the broader hawkish-Fed/strong-USD backdrop keep the structure heavy, and a sustained trade below 4080 swing low exposes the 4025 2026 low. ATR(14) stays elevated, reflecting an extending rather than compressing trend.
Support: 4,080.00, 4,025.00, 4,100.00
Resistance: 4,220.00, 4,382.00
What it said to watch
Sustained H4 close below 4080 opens the path to the 4025 2026 low
Reclaim of 4220 rejection cap needed to flip the near-term tone
Thu 12:30 GMT Core PCE could materially shift this read