XAU/USD AI Live Scan, 1-hour chart, Tuesday, 28 July 2026
Every read JAFX AI made on the XAU/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:03 UTC
Downtrend, testing range floor · RSI 37 · price 4,018.14
Lower highs, pressing 4000-4020 support.
Gold has leaked lower since Monday's reopen near 4093, rolling over from a 4116 high into a run of lower highs and now grinding the 4011-4020 shelf as the USD firmed ahead of Wednesday's FOMC. Price sits below both EMA(20) and EMA(50) with RSI(14) pinned in the high-30s; the 4046 bounce cap has held rejection through the NY session. The $4,000 psych level cited as key support is the immediate line into the Fed.
Support: 4,000.00
Resistance: 4,046.15
What it said to watch
Hourly close below 4000 opens acceleration toward the range base
Reclaim above 4046 swing high needed to ease the lower-high sequence
FOMC statement Wed 18:00 UTC + presser 18:30 UTC is the dominant catalyst and can reset this read
23:02 UTC
Downtrend, extended into FOMC · RSI 41 · price 4,018.14
Lower highs, lower lows; stalling above 4011.
Gold has ground lower since Monday's bounce toward 4116, slipping back below 4050 as the USD firmed into Wednesday's FOMC. Price sits under both EMA(20) and EMA(50) with RSI(14) mired in the low 40s, and the last several bars have coiled in a tight 4018-4028 consolidation just above the 4011 weekly low. The 4047 swing has capped each recovery attempt through the NY session.
Support: 4,000.00
Resistance: 4,047.00, 4,070.00
What it said to watch
Hourly close below 4011 exposes the 4000 key support
Reclaim of 4047 needed to challenge the 4070 prior high
FOMC statement Wed 18:00 UTC is the dominant catalyst and can reset this read
22:03 UTC
Downtrend, consolidating at lows · RSI 42 · price 4,028.43
Lower highs, lower lows; basing near week low.
Gold slid back below $4,050 through Monday and into Tuesday, filling the weekend gap as the USD firmed ahead of Wednesday's FOMC. Price is now pinned in a tight 4020-4047 band just above the 4011 week low, holding under EMA20 and EMA50 with RSI(14) parked in the low 40s. The 4047-4070 shelf has capped every bounce this week; demand has repeatedly stepped in around 4011-4020.
Support: 4,020.00, 4,000.00
Resistance: 4,047.09, 4,070.00
What it said to watch
H1 close above 4047 reopens the 4070 resist shelf
Failure to hold 4011 week low exposes 4000 psych
FOMC statement Wed 18:00 UTC is the dominant catalyst for this range
Gold has leaked lower since the weekend gap up toward 4116 faded, printing lower highs into the NY session and sliding back below EMA(20) toward the 4020 floor. The move fits the digest read of gold offered sub-4050 into Wednesday's FOMC, with the 4011–4020 zone absorbing the latest push and a shallow bounce to 4046 already rejected. Price is now coiling in a tight 4020–4030 range just above the week's low.
Support: 4,020.00, 4,000.00
Resistance: 4,047.00, 4,090.00, 4,116.12
What it said to watch
FOMC statement Wed 18:00 UTC is the dominant catalyst — could materially shift this read
H1 close below 4011 confirms a lower-low and opens 4000
Reclaim of 4047 would break the lower-high sequence and expose 4090
Lower highs since weekend gap, holding above 4020 floor.
Gold has ground out lower highs since the weekend gap up to 4116 faded, sliding back through the 4050 shelf into the NY session and filling the bullish gap. Price sits below EMA20 with RSI in the low 40s, now consolidating just above the 4020 floor. The soft downside lean fits the digest read of USD firming ahead of Wednesday's FOMC.
Support: 4,020.00, 4,000.00
Resistance: 4,050.00
What it said to watch
Loss of 4020 opens the path to the 4011 wk low and 4000 psych
Reclaim of the 4050 shelf would ease the lower-high sequence
FOMC Wed 18:00 UTC is the dominant catalyst — likely to reprice this range
Gold slid back below 4050 through the NY session, filling the weekend bullish gap and pinning price into a 4000-4048 consolidation just above the swing low at 4011. Lower highs from Monday's 4116 peak keep the H1 lean to the downside, with RSI(14) mid-40s and price offered below both EMAs. This is FOMC-parking price action — the range is holding into Wednesday's decision.
Support: 4,000.00
Resistance: 4,048.00, 4,070.00, 4,116.12
What it said to watch
FOMC statement Wed 29 Jul 18:00 UTC is the dominant catalyst and could reset this read
H1 close above the 4048 prior high reopens the 4070 resist shelf
Failure to hold 4011 swing low exposes the 4000 psych level
Gold has been offered all week, filling the weekend gap up from 4093 and grinding lower through the NY session as the Dollar firmed into Wednesday's FOMC. Price sits below EMA20 and EMA50 with RSI(14) around 40, buyers stepping in twice near the 4011 swing low. The 21-day SMA (~4073) and the 4100 pivot have capped every attempt higher.
Support: 4,000.00
Resistance: 4,073.00, 4,100.00
What it said to watch
FOMC statement + Powell presser Wed 18:00 UTC is the dominant catalyst and can reset this read
H1 close back above 4073 would break the string of lower highs
Loss of 4011 confirms a lower low toward the 4000 psych level
20:03 UTC
Downtrend, coiling near range lows · RSI 41 · price 4,024.24
Lower highs into $4,000-4,050 support zone.
Gold has bled lower since Monday's session, sliding below the $4,050 pivot and filling the weekend gap as the Dollar firmed into FOMC. The $4,100 range top capped two attempts this week, and price is now pinned at the $4,017-4,024 swing low with RSI(14) sub-40 and price below both EMA(20) and EMA(50). Rejection near $4,073/$4,100 keeps the offered tone intact ahead of Wednesday's rate decision.
Support: 4,000.00
Resistance: 4,050.00, 4,073.00
What it said to watch
FOMC statement Wed 18:00 UTC + Powell presser is the dominant catalyst for this range
H1 close below 4000 psych confirms a lower-low and opens the range floor
Reclaim of 4050 pivot needed to neutralise the offered tone; 4073 21d sma caps above
19:03 UTC
Downtrend, near session lows · RSI 41 · price 4,022.66
Lower highs, testing weekly base.
Gold has drifted steadily lower since Monday's gap open near 4093, offered sub-4100 into Wednesday's FOMC and now pinned near 4022 at the base of this week's range. Price trades below EMA20 and EMA50 with a clean sequence of lower highs; RSI(14) is cycling in the low 40s after tagging the 4011 swing low. Firm USD near YTD highs and fading US-Iran risk premium have capped every bounce this week.
Support: 4,000.00
Resistance: 4,047.09, 4,100.00
What it said to watch
FOMC statement Wed 18:00 UTC + presser could materially shift this read
Close below 4011 confirms a fresh lower-low toward 4000 psych
Recovery above 4047 session high needed to challenge the lower-high sequence
19:03 UTC
Downtrend, grinding into support · RSI 38 · price 4,022.66
Lower highs, lower lows since Monday gap.
Gold gapped higher into Monday's open near 4093 but failed above 4100 and has bled lower all week, printing lower highs and lower lows into the 4022 close. Price sits below EMA20 and EMA50 with RSI(14) cycling in the 35-45 zone, reflecting the firm USD and hawkish FOMC positioning capping the metal sub-4100. The 4011 week low and the 4000 psych level are the near-term structural floor as the market coils ahead of Wednesday's Fed decision.
Support: 4,000.00
Resistance: 4,050.00, 4,100.00
What it said to watch
FOMC Wed 18:00 UTC could materially shift this read
H1 close below 4011 confirms a fresh lower low toward 4000
Reclaim of 4050 pivot would stall the downtrend structure
Since Monday's gap open near 4094, gold has stair-stepped lower through the NY session to 4028, capped below EMA20/EMA50 the entire week and unable to reclaim the 4100 pivot. Sellers pressed a fresh leg into the 4011 swing low before a shallow bounce faded at 4050. RSI(14) is cycling in the low 40s, consistent with the offered tone flagged into Wednesday's FOMC.
Support: 4,000.00
Resistance: 4,050.00, 4,093.66
What it said to watch
FOMC decision Wed 18:00 UTC + presser 18:30 UTC could materially shift this read
H1 close below 4011 confirms a lower-low toward 4000
Reclaim of 4093 weekly open negates the lower-high sequence
18:03 UTC
Downtrend, offered into FOMC · RSI 43 · price 4,028.52
Lower highs, week's gap faded.
Monday's session opened with a bullish gap to 4116 but the move has faded steadily all week, with price grinding out lower highs back below EMA(20) and EMA(50). The 4100 pivot cap held on the retest and supply near 4047 checked the latest bounce, leaving gold offered around 4028 into Wednesday's Fed. RSI(14) has cycled in the 40s without reclaiming momentum since the gap.
Support: 4,000.00
Resistance: 4,047.00, 4,100.00
What it said to watch
FOMC decision + presser Wed 18:00/18:30 UTC is the dominant driver for the next sessions
Loss of 4011 confirms a lower-low and opens the 4000 psych area
H1 close back above 4047 session high would ease the lower-high sequence
17:04 UTC
Downtrend within broader range · RSI 44 · price 4,038.30
Lower highs, probing 4020 support.
Gold gapped higher into Monday's open near 4093 but has faded through the week, carving lower highs and slipping below both EMA20 and EMA50. Sellers capped the bounce near 4055 and price probed the 4011-4020 swing-low zone before a modest recovery to 4038; RSI(14) sits mid-40s with no clear divergence. The metal stays offered under the 4100 pivot cap, consistent with the $4,000-$4,200 range read.
Support: 4,019.00, 4,000.00
Resistance: 4,055.00, 4,100.00
What it said to watch
H1 close back above 4055 would break the lower-high sequence
Loss of 4019 swing low opens the 4000 psych support
FOMC Wed 18:00 UTC could materially shift this read
Gold has been grinding lower since Monday's gap fill, printing successive lower highs and losing $4,100 as the pivot cap after failing to hold above it. The metal is offered below both EMAs, sliding to a $4,011 session low in the NY hours before a modest bounce to $4,038; RSI(14) near 42 shows early bullish divergence against the fresh low. Firm US data and pre-FOMC USD strength are keeping bullion pinned in the $4,000-$4,100 range base.
What it said to watch
H1 close back above $4,055 would break the sequence of lower highs
Failure to hold $4,011 opens the path to the $4,000 psych level
FOMC statement/presser Wed 18:00 UTC could materially shift this read
Lower highs since Monday's gap, bounce off week low.
Gold gapped up to 4093 at Monday's open then rolled over through the week, printing lower highs and sliding sub-4100 into Wednesday's FOMC. Price bounced off the 4011 low during the NY session and is now pressing back toward the EMA20 near 4052, with RSI(14) recovering from oversold. The metal stays pinned in its broader 4000-4200 range around the pivot cap at 4100.
Support: 4,020.00, 4,000.00
Resistance: 4,052.00, 4,076.00, 4,100.00
What it said to watch
H1 close above 4076 needed to break the sequence of lower highs
FOMC Wed 18:00 UTC could materially shift this read
Failure to hold 4020 opens 4000 psych support
16:03 UTC
Downtrend, bounce off lows · RSI 44 · price 4,046.16
Offered below 4100, weekly range intact.
Gold slid back below $4,050 through the NY session, filling Monday's bullish gap after failing to hold above the $4,100 pivot cap. Price swept a fresh weekly low near 4011 before a late bounce to 4046, with RSI(14) cycling in the mid-40s. The broader $4,000-$4,200 weekly range still governs price action, with sellers active under 4082.
Support: 4,000.00
Resistance: 4,082.00, 4,100.00
What it said to watch
H1 close above 4082 needed to re-challenge the 4100 pivot cap
Loss of 4011 week low opens the 4000 psych support
FOMC Wed 18:00 UTC could materially shift this read
Series of lower highs and lower lows since Monday's gap.
Gold gapped higher into Monday's open near 4116 but has bled lower all week, printing a clean sequence of lower highs and losing the 4050 pivot on the latest NY session. The metal filled the weekly gap and dug to 4011 before stabilising just under 4030, with RSI(14) tracking in the high-30s and price pinned below both EMA20 and EMA50. A firmer USD near YTD highs kept the metal offered ahead of Wednesday's FOMC.
Support: 4,000.00
Resistance: 4,050.00
What it said to watch
FOMC decision Wed 18:00 UTC could materially shift this read
Loss of 4011 swing low confirms continuation toward the 4000 psych level
H1 close back above the 4050 pivot cap would neutralise the lower-high sequence
15:02 UTC
Downtrend, offered into FOMC · RSI 40 · price 4,028.88
Lower highs, lower lows.
Gold has bled lower since Monday's gap-up open near 4093, printing successive lower highs and lower lows through the NY session and slipping below 4050 to probe 4011. The metal trades under EMA(20) and EMA(50) with RSI(14) parked in the high-30s, reflecting the offered tone flagged into Wednesday's FOMC as the dollar holds near YTD highs. The 4050 shelf, which held as support earlier this week, is now capping bounces.
Support: 4,000.00
Resistance: 4,050.00
What it said to watch
FOMC decision Wed 18:00 UTC + presser could materially shift this read
H1 close below 4011 opens the 4000 round number
Reclaim of 4050 needed to challenge the descending sequence
Lower highs, lower lows since last week's rejection.
Gold has ground lower since the mid-week rejection near 4165, with the H1 posting a steady sequence of lower highs and trading below both EMA(20) and EMA(50). Price is now leaning on the 4017 swing low after supply capped the NY bounce at 4076; RSI(14) sits in the mid-30s, reflecting sustained downside pressure rather than an extreme. The $4,070 cap flagged in the macro read has held, keeping XAU pinned in its 4,000-4,100 band into Wednesday's FOMC.
Support: 4,017.00, 4,000.00
Resistance: 4,048.00, 4,076.00
What it said to watch
H1 close below 4017 confirms continuation toward the 4000 psych level
Reclaim of 4048 would neutralise the lower-high structure
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
14:02 UTC
Downtrend, stalling near lows · RSI 39 · price 4,025.92
Lower highs, testing weekly lows.
Gold has ground lower since Monday's open, printing a chain of lower highs off the 4116 peak and slipping under EMA(20) and EMA(50) into the NY session. Price is now coiling in a tight 4017-4038 band just above the weekly swing low, with RSI(14) mired near 38. The 4050 prior high and 4076 supply zone have capped every bounce this week.
Support: 4,017.00, 4,000.00
Resistance: 4,050.00, 4,076.00
What it said to watch
H1 close below 4017 confirms a lower low, opening 4000 psych support
Reclaim of 4050 prior high needed to challenge the 4076 supply zone
FOMC Wed 18:00 UTC is the dominant catalyst and could reshape this read
Gold has ground lower all week, rejected near 4116 at Monday's session and sliding again through NY yesterday as a firm USD and hawkish-Fed backdrop capped safe-haven demand. Price is pinned below EMA(20) around 4050 and just bounced off the 4020 week low into the 4030s. RSI(14) near 42 has ticked up off the lows but momentum remains soft.
Support: 4,020.00, 4,000.00
Resistance: 4,050.00
What it said to watch
FOMC statement Wed 18:00 UTC + Powell presser is the dominant catalyst and could shift this read
H1 close above 4050 EMA(20) / 4070 would ease the lower-high structure
Failure to hold 4020 week low opens the path to the 4000 psych level
13:03 UTC
Downtrend, testing range floor · RSI 41 · price 4,032.37
Lower highs, probing weekly low.
Since the weekend gap open near 4093, gold has ground lower through the NY sessions, stacking lower highs and now retesting the weekly low around 4017. Price sits below EMA20 (~4048) with RSI in the low 40s, keeping the $4,000–4,070 range read intact after Thursday's oil-driven slump. Conviction stays thin with the FOMC hold due Wednesday.
Support: 4,017.09, 4,000.00
Resistance: 4,048.00, 4,076.00, 4,093.00
What it said to watch
H1 close below 4017 confirms a lower low, opening the path toward the 4000 psych support
Reclaim of 4076 swing high needed to negate the H1 downtrend
FOMC statement Wed 18:00 UTC could materially shift this read
Gold has trended lower since the post-weekend gap open near 4093, sliding through the 4040-4076 range and posting a fresh weekly low at 4019.54 during the NY session. Price sits below both EMA(20) and EMA(50) with RSI(14) pinned in the mid-30s, confirming momentum still to the downside. The 4055 prior range floor now caps rallies, keeping the 4000 psychological level in focus ahead of Wednesday's FOMC.
Support: 4,019.54, 4,000.00
Resistance: 4,055.19, 4,076.00
What it said to watch
H1 close back above 4055 would neutralise the range break lower
Failure to hold 4019.54 opens the path to the 4000 psych level
FOMC Wed 18:00 UTC is the week's dominant catalyst and could reset this read
Gold has trended lower all week after Monday's session stalled below the 4100 pivot, printing a steady sequence of lower highs into the NY sessions and losing the 4050 shelf. A fresh low at 4017 marks the extension, with RSI(14) pressed into oversold as the USD firmed and the pre-FOMC de-escalation optimism faded. Price sits well below EMA20 and EMA50, both of which have capped every pullback since Monday.
Support: 4,017.00, 4,000.00
Resistance: 4,050.00, 4,100.00
What it said to watch
H1 close back above 4050 needed to challenge the descending lower highs
Loss of 4017 opens the 4000 psych level
FOMC Wed 18:00 UTC could materially reset this read
Gold has ground steadily lower since Monday's gap up stalled below the 4100 pivot, with the decline accelerating through the NY session yesterday as it broke the 4050 shelf. Price now sits below EMA20 and EMA50 and is pressing the 4017 swing low with RSI(14) stretched into oversold territory. The move fits the pre-FOMC USD firming and fading US-Iran de-escalation optimism flagged in context.
Support: 4,017.09, 4,000.00
Resistance: 4,050.00, 4,070.00, 4,100.00
What it said to watch
H1 close below 4017 confirms a fresh lower-low toward the 4000 psych level
Reclaim of 4050 would ease the downside pressure and reopen the 4070 session high
FOMC statement Wed 18:00 UTC is the dominant risk and could reshape this read
10:02 UTC
Downtrend, fresh leg lower · RSI 32 · price 4,023.21
Lower highs, lower lows; breaking prior range floor.
Gold faded steadily off Monday's gap toward 4116 into lower highs and has just broken the 4045-4055 shelf that held through the Asia session, printing a fresh low at 4019.54 and closing near 4023. Price sits below both EMAs with RSI(14) pressed into the low 30s as the USD rebound and stabilising Oil trim the safe-haven bid ahead of Wednesday's FOMC. The 4000 pivot flagged as key support is now the immediate structural line in the sand.
Support: 4,019.54, 4,000.00
Resistance: 4,048.00
What it said to watch
H1 close below 4019.54 opens the path toward the 4000 pivot
Reclaim of the 4048 range floor would neutralise the breakdown
FOMC Wed 18:00 UTC is the week's dominant catalyst and can reset this read
Gold has trended lower since the mid-week peak near 4166, with each rally capped under a descending line of lower highs. Monday's weekend gap up to 4093 faded through the NY session and price has since sliced to fresh lows near 4020, printing well below EMA20 and EMA50 with RSI(14) pressed toward oversold. The digest ties the slide to a firmer USD and stabilising Oil trimming the safe-haven bid ahead of Wednesday's FOMC.
Support: 4,020.00, 4,000.00
Resistance: 4,050.00
What it said to watch
H1 close below 4000 psych support opens deeper downside
Reclaim of 4050 pivot needed to challenge the descending lower highs
FOMC Wed 18:00 UTC is the week's dominant catalyst and could reset this read
Gold gapped higher into Monday's open toward 4100 then faded through the week, printing lower highs and coiling above 4040 as the USD firmed and Oil stabilized post US-Iran pause. Price sits below EMA(20) and EMA(50) with RSI(14) hovering in the low 40s, and the 4055 area has capped the last two bounces. Consolidation is pinned near the range floor ahead of Wednesday's FOMC.
Support: 4,040.00, 4,000.00
Resistance: 4,055.00, 4,082.00, 4,100.00
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
H1 close below 4040 confirms a lower-low and opens the 4000 key support
Reclaim of 4082 then 4100 pivot would break the lower-high sequence
09:04 UTC
Downtrend, testing lows · RSI 42 · price 4,045.92
Lower highs, consolidating near week low.
Gold's Monday gap higher toward 4116 has faded steadily through the week, printing successive lower highs and now grinding along the 4040 area with price below both EMA(20) and EMA(50). The $4,100 pivot capped the rebound and rallies have been sold, consistent with the USD rebound and oil stabilising after the US-Iran pause trimmed the safe-haven bid. RSI(14) sits near 41, reflecting the drift lower without reaching oversold.
Support: 4,040.00, 4,000.00
Resistance: 4,100.00
What it said to watch
H1 close below 4034 confirms a lower low and exposes the 4000 psych level
Reclaim of the 4100 pivot would neutralise the lower-high sequence
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
08:03 UTC
Sideways, drifting to range low · RSI 41 · price 4,048.02
Coiling range, lower highs into FOMC.
Gold gapped up into Monday's open near 4093 but has since drifted lower through the NY session, capped by a descending series of highs and now pressing the 4040 range low with price trading below EMA20. RSI(14) sits near 40 as the market coils in the 4040–4100 band flagged by the digest ahead of Wednesday's FOMC. The 4070 pivot has capped the last bounce; two-way risk dominates with upside contained sub-4100.
Support: 4,040.00, 4,023.00, 4,000.00
Resistance: 4,070.00, 4,100.00, 4,116.00
What it said to watch
H1 close below 4040 range low exposes 4023 week low then the 4000 psych level
Reclaim of 4070 pivot and a close above 4100 range top reopens the 4116 week high
FOMC Wed 18:00 UTC can materially shift this range read
Gold rolled over from Monday's weekend-gap open near 4093, grinding lower through the NY session to 4034 before stabilising just above 4040. Price sits below EMA(20) with RSI(14) cycling in the lower half, and the 4070 pivot has capped every bounce this session. Coiling near 4048 into Wednesday's FOMC.
Support: 4,040.00, 4,022.00, 4,000.00
Resistance: 4,070.00, 4,093.00
What it said to watch
H1 close above 4070 invalidates the lower-highs read
Failure to hold 4040 opens 4022 then the 4000 psych level
FOMC Wed 18:00 UTC could materially shift this read
Gold rolled over from Monday's 4116 week high and has ground lower through the week, now pinned in the low 4050s just under EMA(20). RSI(14) sits sub-45 with price below both moving averages, while 4040 has repeatedly capped downside as sellers set lower highs. Consolidation is tightening into Wednesday's FOMC, the dominant catalyst per the macro read.
Support: 4,040.00, 4,023.00, 4,000.00
Resistance: 4,076.00, 4,093.00, 4,116.00
What it said to watch
H1 close below 4040 opens 4023 then the 4000 psych level
Close back above 4076 challenges the 4093 weekly open
FOMC Wed 18:00 UTC can materially reset this range
Gold has bled lower since the weekend re-open, printing successive lower highs from 4116 down to the 4034-4048 base as price sits below both EMA20 and EMA50 with RSI(14) cycling in the low 40s. Demand has stepped in twice around 4034-4040 while supply caps rebounds near the 4076 prior high and the 4100 pivot / 21DMA flagged in the macro read. Consolidation is tightening just above the 4000-4076 band as traders sit on hands into Wednesday's FOMC.
Support: 4,023.11, 4,000.00
Resistance: 4,076.00, 4,100.00, 4,116.12
What it said to watch
H1 close below 4034 confirms a lower-low and exposes 4023 then 4000
Reclaim of 4076 would neutralise the lower-high sequence toward the 4100 pivot
FOMC Wed 18:00 UTC is the dominant catalyst and can override this structure
06:03 UTC
Downtrend this week, momentum slowing near support · RSI 42 · price 4,046.53
Lower highs into a flat 4040 support shelf.
Gold gapped higher into Monday's open near 4093 then faded through the week, printing a chain of lower highs and pinning a flat support shelf around 4040. Price trades below EMA20 with RSI(14) sub-45, and the descending-triangle read flagged in the macro digest is intact as rallies stall short of the 4076 EMA and the 4093 weekly open. The 4000 pivot remains the pivotal floor beneath current price.
Support: 4,040.00, 4,000.00
Resistance: 4,076.00, 4,093.00
What it said to watch
FOMC Wed 18:00 UTC could materially shift this read
Clean H1 close below 4040 opens the path to 4000
Reclaim of the 4093 weekly open would negate the lower-highs sequence
06:03 UTC
Downtrend, pressing support · RSI 37 · price 4,046.53
Lower highs into flat 4040 floor.
Gold gapped up at Monday's open toward 4116 then faded through the week, carving a string of lower highs and now pressing the 4040 floor with price below EMA20 and EMA50. RSI(14) is sub-40 as the descending-triangle consolidation flagged in the macro read tightens under the weekly open at 4093. FOMC Wednesday is the dominant catalyst.
Support: 4,040.00, 4,023.00, 4,000.00
Resistance: 4,076.00, 4,093.00, 4,116.00
What it said to watch
H1 close below 4040 opens the path to 4023 then the 4000 psych level
Reclaim of 4076 needed to re-challenge the 4093 weekly open
FOMC Wed 18:00 UTC could materially reshape this read
Gold gapped up at Monday's open toward 4100 on the Iran de-escalation relief bid, but that rally faded through the session and price has since carved lower highs back to the 4040 area. Trade sits below both EMA(20) and EMA(50) with RSI(14) near 36, and the descending resistance off 4116 has capped each bounce. The prior high at 4082 is the near-term ceiling while 4023 marks this week's floor.
Support: 4,023.00, 4,000.00
Resistance: 4,082.00, 4,100.00
What it said to watch
H1 close below 4023 confirms a lower low and opens the path to 4000 psych support
Reclaim of 4082 prior high would break the sequence of lower highs
FOMC Wed 18:00 UTC could materially shift this read
Gold gapped up at Monday's open toward 4116 then faded steadily through the week, slipping back under the 4093 weekly open and pressing the 4040 area into Tuesday's Asia hours. Price sits below EMA20 and EMA50 with RSI depressed in the mid-30s, and the last several bars have coiled tightly in a 4040-4049 consolidation just above support. This tracks the descending-triangle read into Wednesday's FOMC, with dip-buying so far defending 4040.
Support: 4,040.00, 4,000.00
Resistance: 4,076.00, 4,093.00, 4,116.00
What it said to watch
H1 close below 4040 opens the path toward the 4000 psych level
Reclaim of 4076 needed to break the lower-high sequence
FOMC Wed 18:00 UTC can materially shift this read
04:03 UTC
Downtrend, coiling into FOMC · RSI 38 · price 4,049.42
Lower highs, testing week-low support.
Gold has ground lower since Monday's 4116 high, sliding through the NY session into the 4040 area as the descending-triangle read from the context plays out ahead of Wednesday's FOMC. Price sits below both EMA20 and EMA50 with RSI(14) subdued near 37, and 4093/4100 has capped every attempt this week. Buyers stepped in around 4040 twice, keeping the metal pinned above the 4020 shelf.
Support: 4,040.00, 4,020.00
Resistance: 4,093.00, 4,100.00, 4,116.00
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and could materially shift this read
H1 close below 4040 confirms a lower-low and opens the path to 4020
Reclaim of 4093 weekly open neutralises the soft tilt into the event
Gold has bled lower since Monday's 4116 print, carving successive lower highs and slipping back below both EMA(20) and EMA(50) into the NY-Asia transition. Price is now pinned at the 4040 week low with RSI(14) sub-40, as the metal coils toward Wednesday's FOMC; the weekend US-Iran de-escalation and softer oil have kept it heavy under the 4100 pivot. Two-way risk dominates with the 4000-4200 band framing the week.
Support: 4,040.00, 4,000.00
Resistance: 4,093.00, 4,116.00
What it said to watch
H1 close below 4040 confirms a lower low, opening the path to 4000 psych support
Reclaim of the 4093 weekly open needed to neutralise the lower-high sequence
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read entirely
Gold has traded lower since the weekly reopen, sliding from the 4116 high back under the 4093 weekly open and rejecting at 4076 through the NY session. Price now sits on the 4040 swing low with RSI(14) near 34 and price beneath both EMA20 and EMA50, keeping the descending structure intact below the 4100 psych cap. Two-way risk stays elevated with the metal pinned into midweek's Fed event.
Support: 4,040.00, 4,020.00
Resistance: 4,076.00, 4,093.00, 4,100.00
What it said to watch
H1 close below 4040 confirms a lower low toward the 4020 week low
Reclaim of 4076 and 4093 weekly open would neutralise the downtrend read
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this structure
03:03 UTC
Downtrend, testing support · RSI 35 · price 4,041.44
Lower highs into flat 4020 base.
Gold has drifted lower since Monday's open near 4093, with a string of lower highs capped below the 4100 triangle boundary and price now pressing the 4020-4040 base into the NY-Asia transition. RSI(14) sits soft in the mid-30s and price trades below both EMA(20) and EMA(50), consistent with the coil the context flags into Wednesday's FOMC. The 4020 weekly low is the pivot; supply has capped each attempt back toward 4080.
Support: 4,020.00, 4,000.00
Resistance: 4,080.00, 4,100.00
What it said to watch
H1 close below 4020 confirms a lower low, opening the path to 4000
Reclaim of 4100 needed to negate the soft read into FOMC
FOMC Wed 18:00 UTC is the dominant catalyst for this range
Gold has bled lower since Monday's gapped open near 4093, printing a steady sequence of lower highs and now sliding toward Friday's 4020 low as NY hours faded. Price sits below both EMA20 and EMA50 with RSI(14) pressed into oversold near 30, reflecting the extended late-session drop. The 4076 shelf that held earlier this week has flipped to overhead resistance ahead of Wednesday's FOMC.
Support: 4,020.00, 4,000.00
Resistance: 4,076.00
What it said to watch
Hold below 4076 keeps the lower-high sequence intact
Failure to hold 4020 exposes the 4000 psych support
Reclaim of 4093 weekly open neutralises the downtrend read
FOMC Wed 18:00 UTC is the dominant catalyst for this level set
Gold has bled lower through the NY session, sliding from the 4116 day high to 4044 as bulls again failed to hold 4100 and price rejected the round number. The move sits well below EMA20 and EMA50 with RSI(14) pressed into the low 30s, extending the descending structure the market_context flags into Wednesday's FOMC. Buyers have yet to show at 4040 — the 4023 prior low and 4000 psych level sit just beneath.
Support: 4,040.00, 4,023.00, 4,000.00
Resistance: 4,076.00, 4,100.00, 4,116.00
What it said to watch
Failure to hold 4040 confirms continuation toward 4023/4000
H1 close back above 4076 would break the run of lower highs
FOMC Wed 18:00 UTC is the dominant catalyst and can override this read
01:04 UTC
Downtrend, coiling into FOMC · RSI 40 · price 4,057.26
Lower highs, pressing week low.
Gold has drifted lower since this week's open near 4093, printing lower highs beneath a descending resistance line as it coils below 4100 into Wednesday's FOMC. Sellers pressed through the last NY session, dragging price off the 4112 week high to the 4054 week low with RSI(14) near 40 and price under both EMA(20) and EMA(50). The US-Iran de-escalation and softer dollar tone keep the metal two-way between the 4000 psych support and 4200 cap.
Support: 4,054.14, 4,022.00, 4,000.00
What it said to watch
H1 close below 4054 week low opens the path toward the 4022 swing low then 4000 psych
Reclaim of the 4093 weekly open would challenge the descending resistance
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
01:04 UTC
Downtrend, coiling into FOMC · RSI 40 · price 4,057.26
Lower highs pressing into support.
Gold gapped up into Monday's session near 4090 and tagged 4116 before rolling over through the NY hours, printing a sequence of lower highs back to 4057. Price is trading below both EMA(20) and EMA(50) with RSI(14) sub-40, and 4100 has capped every attempt this week as the metal coils toward its 4040 support ahead of Wednesday's FOMC. The de-escalation-driven recovery off last week's 4022 low is stalling below the round-number cap.
Support: 4,040.00, 4,022.00
Resistance: 4,100.00, 4,116.00
What it said to watch
H1 close below 4040 opens the path to the 4022 week low
Reclaim of 4100 is needed to break the lower-high sequence
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
00:03 UTC
Downtrend, coiling into FOMC · RSI 41 · price 4,072.00
Lower highs pressing flat support.
Gold gapped higher into this week's open near 4093 but faded from Monday's 4116 print, carving lower highs back under the EMA(20) with RSI(14) soft around 41. The oil-led inflation scare easing on the US-Iran pause has left price coiling against flat 4065 support into Wednesday's FOMC. This-week structure is a descending, two-way compression rather than a clean impulse.
Support: 4,065.00, 4,048.00
Resistance: 4,093.00, 4,116.00
What it said to watch
H1 close below 4065 confirms a lower low toward the 4048 swing
Close back above 4093 weekly open negates the lower-high sequence
FOMC Wed 18:00 UTC is the dominant catalyst and can override this read
Gold gapped higher at the week's open then faded from the 4116 session high back toward 4072, sitting on the EMA50 and just below the EMA20. The dominant move of the week was the slide from the 4166 week high down to the 4023 week low, and price has since coiled into a descending pattern of lower highs. RSI is cycling in the low-40s as the market lightly positions into Wednesday's FOMC.
Support: 4,050.00, 4,023.00
Resistance: 4,116.00, 4,166.00
What it said to watch
FOMC Wed 29 Jul 18:00 UTC is the dominant catalyst and can materially shift this read
H1 close below 4050 swing low reopens the 4023 week low
Reclaim of 4116 session high needed to challenge the descending lower-highs