Gold is coiling near 4080 after rolling off the 4200 ceiling, printing a series of lower highs (4202 → 4166 → 4155) against a flat 4020-4040 base — a descending-triangle read consistent with the two-way FOMC-week digest. ATR(14) has compressed versus the mid-month expansion, and price is pinned just above the EMA20/EMA50 cluster with rejection capping each push toward 4110. The structure is a squeeze into Wednesday's Fed decision rather than a directional trend.
Support: 4,040.00, 4,020.00, 4,000.00
Resistance: 4,110.00, 4,155.00, 4,200.00
What it said to watch
H4 close below 4020 confirms a lower low and opens the 4000 psych support
H4 close above 4110-4120 breaks the descending highs toward 4155
FOMC statement Wed 29 Jul 18:00 UTC is the dominant catalyst and can resolve the range either way
Gold is coiling in a multi-day $4,000-$4,110 range with a series of lower highs from 4202 down to 4166, keeping upside capped into Wednesday's FOMC. Price is pinned around the flattening EMA20 near 4079, and ATR(14) has compressed from the mid-month expansion, consistent with a pre-event squeeze. The 4000 round number has held on every test while supply repeatedly checks the 4110-4166 band.
Support: 4,000.00, 3,973.00
Resistance: 4,110.00, 4,166.00
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and can break this range either way
H4 close above 4110 opens the path back toward the 4166 swing high
Failure to hold 4000 confirms a lower-low and exposes the 3973 range low
17:04 UTC
Range-bound, no clear trend into FOMC · RSI 49 · price 4,077.97
Multi-day range, price mid-band.
Gold is coiling in the $4,050-$4,110 band after slumping ~2% from the mid-month $4,165 swing high, with the broader $4,000-$4,200 range still framing price. A weekend gap higher steadied the metal near $4,100 as US-Iran de-escalation softened the USD, but ATR(14) is easing from the geopolitical spike, pointing to compression ahead of Wednesday's FOMC. Price sits between EMA20 and EMA50 with RSI near midline — no directional conviction on this timeframe.
Support: 4,050.00, 4,000.00
Resistance: 4,110.00, 4,165.00
What it said to watch
H4 close above 4110 opens the path back to the 4165 swing high
Loss of 4050 range low exposes 4000 key support
FOMC Wed 18:00 UTC is the dominant catalyst and can break this range either way
13:04 UTC
Sideways, range-bound · RSI 52 · price 4,096.67
Multi-week range, choppy lower-highs into support.
Gold has spent three weeks trapped in a broad 4000-4200 range, with each push toward the 4160 swing high fading into lower highs. The latest leg down from 4166 to the 4023 swing low has retraced to roughly the 50% mark at 4096, leaving price mid-range and directionless as the oil-rates channel keeps it two-way. Price holds above both EMA20 and EMA50, but ATR sits in a moderate regime with no clear expansion.
Support: 4,040.00, 4,000.00
Resistance: 4,116.00, 4,160.00, 4,200.00
What it said to watch
Fed rate decision Wed 18:00 UTC is the dominant catalyst and can break this range either way
H4 close below 4040 swing low opens the path to 4000 psych support
H4 close above 4116 recent high reopens the 4160 swing high
Gold has traded a wide multi-week range between the 3970 range low and 4200 range top, with price now consolidating mid-range near 4096 after a weekend gap higher off the 4040 swing low. The swing high at 4166 caps the upside while lower highs from the 4202 peak keep a mild descending tilt; ATR(14) has compressed through this week's chop. Price is holding above both EMA20 and EMA50, but conviction is limited two-way into Wednesday's FOMC.
Support: 4,040.00, 4,000.00, 3,970.00
Resistance: 4,166.00, 4,200.00
What it said to watch
H4 close above 4166 swing high opens the path to the 4200 range top
Failure to hold 4040 swing low exposes 4000 psych and the range low
Fed decision Wed 29 Jul 18:00 UTC is the dominant catalyst and can break this range either way
09:04 UTC
Range-bound, no clear trend · RSI 54 · price 4,091.65
Multi-week range 4040-4165, mid-range now.
Gold has been boxed in a broad 4040-4165 range for the past two weeks after rejecting the 4202 high, with the weekend gap lifting price back into the middle of the band. ATR is elevated but directionless as safe-haven bids and oil-driven rate-hike fears offset each other ahead of Wednesday's FOMC. Price sits just above EMA20 and EMA50, which are flat and clustered — a hallmark of range compression.
Support: 4,040.00, 4,000.00
Resistance: 4,165.00, 4,202.00
What it said to watch
H4 close below 4040 shifts the read bearish toward the 4000 psych line
H4 close above 4165 swing high reopens the path to 4202 range top
FOMC Wed 18:00 UTC is the dominant catalyst and could break this range
Durable Goods today 12:30 UTC a near-term USD cue
09:04 UTC
Range-bound, no clear direction · RSI 53 · price 4,091.65
Choppy range 4022-4130 under 4202 high.
Gold is boxed in a multi-day range between roughly 4022 and 4130 after the sharp drop from the 4202 two-week high, with a series of lower highs capping rebounds. The new week opened with a weekend gap-up that recovered toward the range top before stalling near 4110, leaving price mid-range at 4091. Elevated ATR reflects the two-way chop as oil-driven inflation fears and safe-haven bids offset each other ahead of the FOMC.
Support: 4,022.00, 4,000.00
Resistance: 4,130.00, 4,166.00, 4,202.00
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this range
Close below 4000 psych line shifts the read bearish
Close above 4130 prior high opens the path to the 4166 2wk high
05:04 UTC
Range-bound, no clear direction · RSI 53 · price 4,092.39
Multi-week range, price mid-band.
Gold has traded a broad multi-week range between roughly 3970 and 4200, with price now mid-band at 4092 after recovering close to 50% of the 4166-4022 pullback. The tape stayed two-way as an oil-driven inflation/hawkish-Fed read capped rallies while safe-haven demand supported dips; ATR remains elevated, keeping swings wide. Structure is neutral into the FOMC pivot.
Support: 4,043.00, 4,000.00, 3,970.00
Resistance: 4,116.00, 4,155.00
What it said to watch
H4 close below 4043 opens the 4000 psych pivot and lower range
H4 close above 4116 puts the 4155 swing high back in play
FOMC rate decision Wed 29 Jul 18:00 UTC is the dominant catalyst and can reset this range read
Gold has been carving a multi-day range between the 4000 psych pivot and the 4155 swing high after failing to hold the 4200 area earlier this month, with a series of lower highs capping rebounds. Price bounced off the 3970-4000 zone and is trading back near 4092, with ATR(14) holding a compressed regime typical of pre-event coiling. The two-way tape reflects safe-haven bid against oil-driven inflation/hawkish-Fed repricing described in the macro read.
Support: 4,000.00, 3,970.00
Resistance: 4,155.00, 4,200.00
What it said to watch
FOMC Wed 29 Jul 18:00 UTC is the pivot and could materially shift this read
H4 close below 4000 psych pivot opens the path toward the 3970 swing low
H4 close above 4155 swing high challenges the range top and the 4200 prior high
01:04 UTC
Range-bound, two-way · RSI 53 · price 4,100.46
Swinging inside 4000-4200 band, gap-up rebound off 4020s.
Gold has been rangebound between the 4000 psych floor and the 4185-4200 cap for two weeks, reversing from the 4165 two-week high as the oil-inflation-yields channel lifts the USD. Price bounced off the 4020s and opened the week with a gap higher to 4100, sitting just above flattish EMA20/EMA50. ATR remains elevated, keeping swings wide within the band.
Support: 4,000.00
Resistance: 4,155.00, 4,200.00
What it said to watch
FOMC Jul 29 18:00 UTC is the dominant catalyst and could break this range either way
H4 close below 4040 pivot re-exposes the 4000 psych floor
H4 close above 4155 swing high reopens the 4200 range cap
01:04 UTC
Range-bound, two-way · RSI 54 · price 4,100.46
Multi-day range, mid-range recovery.
Gold has traded a broad two-week range between the 4000 psych floor and the 4185-4200 cap, with price rejected from the 4166 two-week high back toward the 4040/50 pivot before demand stepped in near 4022. The recovery to 4100 keeps price mid-range and back above EMA20/EMA50, but ATR is moderate rather than expansionary — no directional resolution yet. The oil-inflation-yields channel has kept the safe-haven bid fragile ahead of Wednesday's FOMC.
Support: 4,022.00, 4,000.00
Resistance: 4,166.00, 4,200.00
What it said to watch
FOMC Jul 29 18:00 UTC is the dominant catalyst and can break this range
H4 close above 4166 reopens the 4200 range high
Failure to hold the 4040/50 pivot exposes the 4000 psych level