Lower-high chain under falling trendline, pressing day low.
Lower highs have stacked since the 4068.79 spike early in the window. In-line PCE and the GDP beat kept December hike bets firm, and the slide printed a 4005.38 day low before the bounce stalled at the 4032.60 swing high. Early Asia was rejected at a 4026.34 session high on the falling trendline and has faded back to 4010, with RSI(14) near 41 and price below both EMAs.
Support: 4,005.38, 4,000.00
Resistance: 4,026.34, 4,032.60
What it said to watch
A break of the 4005.38 day low exposes 4000 psych
An M15 close above the 4026.34 session high and the falling trendline breaks the lower-high chain, with the 4032.60 swing high next
ECI 12:30 GMT, Chicago PMI 13:45 GMT and Daly/Musalem later could materially shift this read
Lower-high chain from 4068.79; early Asia range 4011.64–4026.34.
Thursday's GDP beat pushed gold off the 4068.79 high into a chain of lower highs, from the 4037.72 NY high to the 4032.60 lower high after the NY session. Early in the Asia session, price was rejected at the 4026.34 Asian high and slipped to the 4011.64 Asian low. It now sits in the 61.8–78.6% zone of the bounce fib from the 4005.38 swing low, below EMA20 and EMA50.
Support: 4,011.64, 4,005.38, 4,000.00
Resistance: 4,026.34, 4,032.60, 4,037.72
What it said to watch
Failure to hold the 4011.64 Asian low and the 78.6% bounce fib exposes the 4005.38 swing low
A break of the 4005.38 swing low confirms a lower-low and puts the 4000 psych level in play
An M15 close above the 4032.60 lower high breaks the lower-highs trendline; the 4037.72 NY high comes next
ECI Q3 at 12:30 UTC and Chicago PMI at 13:45 UTC Friday could materially shift this read
Lower-high/lower-low chain from 4068.79; early Asia bounce capped below 4026.
Thursday's GDP beat and in-line core PCE fed a choppy NY session of lower highs that bottomed at the 4005.38 swing low. The 4032.60 swing high, near the 38.2% fib of the 4069-4005 drop, was rejected. The early Asia session is fading from its 4026.34 session high back toward the 4000 psych pivot, with RSI(14) at 39.
Support: 4,005.38, 4,000.00
Resistance: 4,026.34, 4,032.60, 4,039.31
What it said to watch
Break of the 4005.38 swing low extends the lower-low sequence into the 4000 psych level
Close above the 4026.34 session high and the descending trendline breaks the lower-high chain, exposing the 4032.60 swing high and 4039.31 london high
ECI Q3 at 12:30 GMT Fri, then Daly and Musalem, could materially shift this read
Lower highs intact; Asia compressing above day low.
Gold has printed lower highs since the 4068.79 spike. The firm-USD read after Thursday's GDP beat and sticky core PCE carried the NY-session slide to a 4005.4 day low, and the late-NY bounce stalled at 4032.6, near the 38.2% retrace of the day drop. Early Asia is coiling between the 4017.5 asia low and the 4026.3 asia high, with price pinned around EMA20/EMA50 and RSI(14) neutral near 55.
Support: 4,017.50, 4,005.40, 4,000.00
Resistance: 4,026.30, 4,032.60, 4,037.70
What it said to watch
M15 close above the 4032.6 lower high and the lower-highs trendline breaks the sequence; 4037.7 ny high sits just above
Failure to hold the 4017.5 asia low reopens the 4005.4 day low and 4000 psych
Asia high at 4026.3: area to watch for rejection or break of the current compression
ECI Q3 (12:30 UTC) and Chicago PMI (13:45 UTC) on Friday could materially shift this read
Lower highs from 4068.79; tight Asian range above 4017.5.
Gold sold off after Thursday's GDP beat. The 12:30 UTC data spike to 4037.7 was rejected, and NY extended to a 4005.4 day low before a late-NY rebound to the 4032.6 swing high. Early Asia is compressing between the 4017.5 session low and the 4024.4 session high, near the 50% of the rebound fib, with the descending trendline from 4068.8 capping near 4027.
Support: 4,017.50, 4,005.40, 4,000.00
Resistance: 4,024.40, 4,032.60, 4,039.30
What it said to watch
M15 close below the 4017.5 session low opens the 61.8% at ~4015.8 and the 4005.4 day low, with the 4000 psych pivot beneath
Close above the 4032.6 swing high and the descending trendline breaks the lower-high sequence; the 4039.3 lower high is next
Fri ECI Q3 at 12:30 UTC, Chicago PMI at 13:45 UTC and Daly/Musalem from 16:00 UTC could materially shift this read
Lower highs and lower lows since the 4068.79 day high; bounce from the day low at 4005.38 is fading.
The GDP beat lifted price only to the 4037.8 range top during NY hours before a slide to the 4005.38 day low, just above the 4000 psych level. The late-NY bounce stalled at a 4032.6 lower high, and early Asia is now testing the 50% retracement of that bounce near the 4017.53 session low.
Support: 4,017.53, 4,005.38, 4,000.00
Resistance: 4,032.60, 4,037.80
What it said to watch
A break below the 4017.53 session low exposes the 4005.38 day low and the 4000 psych pivot
A close above the 4032.6 lower high breaks the lower-highs chain and puts the 4037.8 range top back in play
US ECI Q3 (Fri 12:30 UTC, f/c 0.8%), then Daly and Musalem, could materially shift this read
Lower highs from 4068.79; bounce off 4005 capped at 4032.60.
Thursday's GDP beat extended a chain of lower highs from 4068.79 down to a 4005.38 day low in NY hours, just above the 4000 psych level. The late-NY bounce was rejected at 4032.60 under the descending trendline, and the Asia session has opened flat near 4022, around the 38.2% of that bounce, with RSI(14) neutral near 50 and ATR(14) about $5.8.
Support: 4,018.76, 4,005.38, 4,000.00
Resistance: 4,032.60, 4,039.31
What it said to watch
M15 close above the 4032.60 bounce high and the descending trendline breaks the lower-high chain; 4039.31 london high is the next cap
Loss of the 4018.76 swing low (50% of the bounce) exposes the 4005.38 day low and 4000 psych
Fri ECI 12:30 GMT and Chicago PMI 13:45 GMT, then Daly/Musalem, could materially shift this read
Lower highs from Asia spike; false break of London low then a lower high at 4032.60.
Asia's spike to 4068.79 faded. London and NY then capped at a 4037–4039 range top through the GDP beat and in-line core PCE, before a late-NY break of the london low to a 4005.38 day low just above the 4000 psych level. The rebound reclaimed 4015.94 but stalled at the 4032.60 bounce high, near the 0.786–0.886 zone of the NY selloff fib. Price sits between EMA20 and EMA50 with RSI(14) ~51 into the daily close.
Support: 4,015.94, 4,005.38, 4,000.00
Resistance: 4,032.60, 4,038.50
What it said to watch
M15 close above the 4032.60 bounce high reopens the 4038–4039 range top
Failure to hold the 4015.94 london low exposes the 4005.38 day low and 4000 psych
Fri ECI at 12:30 GMT, Chicago PMI at 13:45 GMT and Daly/Musalem remarks could materially shift this read
Lower highs and lower lows; bounce capped at 4032.60 lower high.
Gold has printed a run of lower highs since the 4068.79 Asia high: 4039.31 at the London high, then 4032.60 late in NY. The GDP beat at 12:30 UTC kept supply in control and drove the NY session low to 4005.38, just above the 4000 psych. The late-NY bounce was rejected at the descending trendline, and price is back at 4021, between EMA20 (~4019) and EMA50 (~4024), with RSI(14) neutral at 52.
Support: 4,016.00, 4,005.38, 4,000.00
Resistance: 4,032.60, 4,039.31
What it said to watch
M15 close above the 4032.60 lower high breaks the descending trendline and the lower-high chain; 4039.31 London high is next
Loss of the 4016 prior shelf reopens the 4005.38 session low and the 4000 psych
Fri ECI at 12:30 UTC (f/c 0.8%) and Chicago PMI at 13:45 UTC could materially shift this read
Lower highs since Asia; Asian range low broken, day low at 4005.
Gold slipped below the 4022 Asian range low in London and extended to a 4005.38 day low in NY after the Q3 GDP beat firmed the dollar. The late-NY rebound stalled at the 4032.60 late high under the lower-highs trendline. Price is back near the 50% fib of the ny high-to-day low move into the daily close.
Support: 4,015.94, 4,005.38, 4,000.00
Resistance: 4,032.60, 4,037.72
What it said to watch
M15 close above 4032.60 late high and the lower-highs trendline breaks the sequence, exposing the 4037.72 ny high
Failure to hold 4015.94 london low reopens the 4005.38 day low and the 4000 psych level
Fri ECI Q3 (12:30 GMT, f/c 0.8%) and Daly/Musalem Fed speak could materially shift this read
Lower highs from Asia spike; bounce off session low retracing.
Gold has printed lower highs since the 4068.79 Asia spike. London broke the Asian low, and NY extended to a 4005.38 session low as the Q3 GDP beat firmed USD. The late-NY bounce saw rejection at 4032.60 (bounce high) and is retracing toward the 50% fib near 4019, with price pinned around EMA20/EMA50.
Support: 4,019.00, 4,005.38, 4,000.00
Resistance: 4,032.60, 4,037.72
What it said to watch
Failure to hold the 50% fib at 4019 reopens the 4005.38 session low
Break of the session low exposes the 4000 psych pivot
M15 close above 4032.60 bounce high, then the 4037.72 ny high, would break the lower-high sequence
ECI Q3 (Fri 12:30 UTC) and Daly/Musalem later Friday could materially shift this read
Lower-high/lower-low chain; late-NY rebound capped under 4032.60.
Gold sold off through Asia and has printed lower highs since the GDP-beat/in-line PCE spike to 4037.72 faded. A NY-afternoon break of the 4017 range floor ran to a 4005.38 session low, just above the $4,000 psych. The late-NY rebound stalled at 4032.60 under the lower-highs line and has slipped back to the 50% fib near 4021, with RSI(14) neutral at 51.
Support: 4,017.00, 4,005.38
Resistance: 4,032.60, 4,039.31
What it said to watch
M15 close above the 4032.60 late high and the lower-highs line breaks the sequence, exposing the 4039.31 london high
Failure to hold the 4017 range floor brings the 4005.38 session low and $4,000 psych back into play
ECI Q3 at 12:30 GMT Fri, then Chicago PMI and Daly/Musalem, could materially shift this read
Lower highs and lower lows; bounce off 4005 capped at 4032.6.
Gold's slide after Thursday's GDP beat and in-line core PCE ran to a 4005.4 session low in late NY. The rebound was rejected at the 4032.6 bounce high, and price is holding the 38.2% retrace near 4022, just above the EMAs. The lower-high sequence from the 4037.7 NY high is still intact.
Support: 4,019.00, 4,016.00, 4,005.40
Resistance: 4,032.60, 4,037.70
What it said to watch
A close above the 4032.6 bounce high breaks the lower-high chain and exposes the 4037.7 NY high
Losing the fib 50% at 4019 and the 4016 london low points back to the 4005.4 session low and the 4000 psych
The daily break is due within the hour; thin liquidity can distort the session range
ECI Q3 (Fri 12:30 UTC) and Daly/Musalem remarks could materially shift this read
Lower highs from 4068.79 Asian high; 4005.38 low then corrective bounce.
Gold has carved lower highs since the 4068.79 Asian high. The slide after the US GDP beat extended to a 4005.38 day low in late NY. The bounce to the 4032.60 bounce high was rejected at the descending trendline and now sits near the 61.8% retracement of the NY drop, with RSI(14) at 57.
Support: 4,015.94, 4,005.38, 4,000.00
Resistance: 4,032.60, 4,039.31
What it said to watch
M15 close above the trendline and 4039.31 london high breaks the lower-high sequence
Failure back below the 4015.94 london low re-exposes the 4005.38 day low and 4000 psych
ECI Q3 (12:30 GMT Fri) and Daly/Musalem remarks could materially shift this read
Lower highs from 4068.79 Asian high; higher-low chain off 4005.38.
Gold has carved lower highs since the 4068.79 Asian high and broke the Asian low after the GDP beat and in-line core PCE, printing a 4005.38 session low in NY. The late-NY higher-low rebound met rejection at 4032.60, just past the 61.8% retrace of the 4037.72–4005.38 leg.
Support: 4,018.25, 4,005.38, 4,000.00
Resistance: 4,032.60, 4,037.72
What it said to watch
Close above the 4037.72 NY high breaks the lower-high sequence
Loss of the 4018.25 higher low and rebound line unwinds the late-NY bounce
Break of the 4005.38 session low exposes the 4000 psych pivot
ECI Q3 Fri 12:30 GMT (f/c 0.8%) and Daly/Musalem could materially shift this read
Lower highs from the Asian high; bounce testing the latest lower high.
Gold has printed lower highs since the 4068.79 Asian high. London broke the Asian low, and the post-GDP spike to the 4037.72 NY high was rejected as the beat firmed the USD, with the slide stalling at a 4005.38 session low just above the 4000 psych. The late-NY bounce has carried price to the 50% retrace of the NY drop, sitting just under EMA50 and pressing the 4025.46 lower high; RSI(14) near 55, ATR(14) about 630 pips.
Support: 4,009.67, 4,005.38, 4,000.00
Resistance: 4,025.46, 4,037.72
What it said to watch
M15 close above the 4025.46 lower high breaks the lower-high chain and opens 4037.72, the NY high
Loss of the 4009.67 higher low puts the 4005.38 session low and the 4000 psych back in play
Rejection at the 50% retrace of the NY drop keeps the downtrend structure intact
Thin liquidity into the Asia session can exaggerate moves around the 4025.46 lower high
US ECI Q3 Fri 12:30 UTC (f/c 0.8%) could materially shift this read
Lower highs since 4068.79 Asia high, bounce off 4005 session low.
Gold has printed lower highs since the 4068.79 Asia high. The post-GDP-beat spike was rejected at the 4037.72 NY high, and price slid to a 4005.38 session low. The late-NY bounce sits at the 38.2% retracement near 4018, below the 4025.46 lower high, which lines up with the 61.8% level.
Support: 4,005.38, 4,000.00
Resistance: 4,025.46, 4,037.72
What it said to watch
M15 close above the 4025.46 lower high breaks the lower-high sequence and opens the 4037.72 NY high
Failure at 4005.38 session low exposes the 4000 psych pivot
ECI Q3 at 12:30 GMT Fri (f/c 0.8%) could materially shift this read
Lower highs and lower lows since the Asia spike; corrective bounce off session low.
Gold has printed lower highs from the 4068.79 Asia spike through 4037.72 at NY open, and the GDP-beat leg set a session low at 4005.38 above the 4000 psych level. The late-NY bounce has reached 4018, the 38.2% retrace of the NY high-low move. Price is back above ema20 but still below the 4025.46 lower high.
Support: 4,009.67, 4,005.38, 4,000.00
Resistance: 4,025.46, 4,037.72
What it said to watch
M15 close above the 4025.46 lower high breaks the lower-high chain and the descending trendline
Loss of the 4009.67 swing low puts the 4005.38 session low and 4000 psych back in play
ECI Q3 at 12:30 GMT Friday (f/c 0.8%) could materially shift this read
Lower highs and lower lows since the 4037 NY high; NY range floor broken.
Gold has carved lower highs off the 4037 NY high after the US GDP beat. It broke the 4016 London low at 16:00 GMT and printed a 4005.38 session low just above the 4000 psych pivot. The late-NY bounce stalled at 4014, the bounce high, against the descending trendline, with RSI(14) near 37 and well clear of oversold.
Support: 4,005.38, 4,000.00
Resistance: 4,014.38, 4,025.46, 4,037.39
What it said to watch
M15 close above the descending trendline and the 4014 bounce high would break the lower-high chain
A close above the 4025.5 lower high invalidates the intraday downtrend read
Loss of the 4005.4 session low puts the 4000 psych pivot directly in play
Thin liquidity into the daily rollover, then ECI Q3 Fri 12:30 GMT and Daly/Musalem, could materially shift this read
Lower highs and lower lows since London broke below the Asian range; 4037–4039 capped NY.
London broke below the Asian range, and the post-GDP-beat USD bid kept NY capped at 4037–4039, just under the 4039.31 london high. Price then stepped down through a 4025.46 lower high to a 4005.38 session low just above the 4000 psych pivot. The late-NY bounce is stalling at the descending trendline, with RSI(14) near 38.
Support: 4,005.38, 4,000.00
Resistance: 4,025.46, 4,039.31
What it said to watch
M15 close above the 4025.46 lower high breaks the lower-high chain and brings the 50% fib retrace near 4022 into play
Failure to hold the 4005.38 session low exposes the 4000 psych pivot
Reclaim of the 4039.31 london high would negate the intraday downtrend read
ECI Q3 Fri 12:30 UTC (f/c 0.8%) and Daly/Musalem later Fri could materially shift this read
LH/LL chain below the broken 4016–4038 NY range, basing just above 4000.
Gold broke the 4016–4038 range floor after 16:00 UTC, with the GDP beat keeping USD firm. Lower highs at 4037 and the 4025 lower high frame the falling trendline from the NY sell-off. Late in the NY session, price is basing above the 4005 session low and the 4000 psych level, with RSI(14) near 36 and not yet oversold.
Support: 4,005.38, 4,000.00
Resistance: 4,016.00, 4,025.46, 4,037.72
What it said to watch
Close below the 4000 psych level extends the lower-low chain
Reclaim of the 4016 range floor and the falling trendline (~4018) neutralises the breakdown
M15 close above the 4025 lower high breaks the LH sequence; 4038 range top is next above
Fri ECI Q3 (12:30 UTC) and Daly/Musalem remarks could materially shift this read
18:32 UTC
Downtrend, grinding lower late NY · RSI 31 · price 4,007.21
Lower highs and lower lows after a break of the London-NY range floor.
Gold held a 4016–4038 range through London and the NY data hit (GDP beat, low claims), then broke the range floor around 4016 at the 16:00 UTC bar and has printed a session low at 4005.68. The 4025.46 lower high sits at the 61.8% retrace of the NY drop. RSI(14) is near 31, and price is pressing toward the 4000 psych handle late in the NY session.
Support: 4,005.68, 4,000.00
Resistance: 4,016.00, 4,025.46
What it said to watch
M15 close back above the 4016 range floor would mark the break as a false break
Failure to hold the 4005.68 session low exposes the 4000 psych level
A move through the 4025.46 lower high and the descending trendline would invalidate the lower-high sequence
Friday ECI (12:30 GMT) and Fed's Daly/Musalem could materially shift this read
18:17 UTC
Downtrend, lower highs through NY · RSI 31 · price 4,009.06
Lower-high/lower-low chain; London low broken, price near 4000.
Since the 4037.72 NY high, gold has printed a chain of lower highs (4037.39, then the 4025.46 lower high), tracking the downtrend line. The hawkish GDP and claims read pushed price through the 4015.94 London low to a 4006.78 session low late in the NY session. Price now sits just above the 4000 psych handle, and RSI(14) near 31 is soft but not at an extreme.
Support: 4,006.78, 4,000.00
Resistance: 4,015.94, 4,025.46, 4,037.72
What it said to watch
An M15 close back above the 4015.94 london low marks the range break as a false break
A close above the 4025.46 lower high and the downtrend line breaks the lower-high chain
A sustained hold below 4000 psych and the 4006.78 session low extends the lower-low sequence
Fri ECI 12:30 GMT, Chicago PMI and Daly/Musalem Fed-speak could materially shift this read
17:47 UTC
Downtrend, lower highs since the Asia session · RSI 37 · price 4,013.73
London/NY range broken lower; lower high under 4025, price sitting on the session low.
Gold has stepped lower from the 4068.79 Asia high. During NY hours it broke the 4016–4038 London range and set a 4010.26 session low, as the USD bid from the GDP beat and in-line PCE extended. The late-NY bounce stalled at 4025.46 for a fresh lower high, and price is back on the session low with RSI(14) near 37 and the 4000 psych level just below.
Support: 4,010.26, 4,000.00
Resistance: 4,025.46, 4,037.72
What it said to watch
M15 close below the 4010.26 session low extends the lower-low chain toward the 4000 psych level
Recovery above the 4025.46 lower high breaks the lower-high sequence; the 4037.72 range top sits near the 38.2–50% fib zone
ECI (12:30 GMT) and Chicago PMI (13:45 GMT) on Friday could materially shift this read
London-NY range 4016–4039 broken lower, weak bounce.
Gold has printed lower highs since the 4068.79 Asian high. After the in-line PCE and Q3 GDP beat firmed the USD, NY hours capped at 4037.72 and the London-NY range gave way at 16:00 UTC to a 4010.26 day low. The bounce after London close stalled at 4025.46, and price sits back near the old london low with RSI(14) neutral at 45.
Support: 4,010.26, 4,000.00
Resistance: 4,025.46, 4,037.72
What it said to watch
M15 close above the 4025.46 bounce high and the lower highs trendline near 4031 would break the descending sequence
Failure to hold the 4010.26 day low exposes the 4000 psych level
4037.72 ny high sits at the 50% fib of the Asian-high move and caps the range
ECI (Fri 12:30 GMT) is the next scheduled catalyst for USD and gold
Lower highs inside a 4016–4038 range; brief break below range low reclaimed.
Gold has bled from the 4068.79 Asian-session high as the GDP beat and sticky PCE firmed the USD. London and NY have held a 4016–4038 range under a falling trendline of lower highs. The 16:00 UTC dip below the range low to the 4010.26 session low was reclaimed after London close, with the 17:00 UTC lower high at 4025.46 now capping price near 4021.
Support: 4,016.00, 4,010.26, 4,000.00
Resistance: 4,025.46, 4,032.60, 4,038.00
What it said to watch
An M15 close back below the 4010.26 session low turns the false break into a range break and puts the 4000 psych level in focus
A close above the lower-highs trendline and the fib 38.2 at 4032.6 opens a retest of the 4038 range top
Failure to clear the 4025.46 lower high keeps the descending sequence intact
Friday's ECI at 12:30 GMT and Fed's Daly/Musalem remarks could materially shift this read
Lower highs from the 4068.79 Asian high; London-NY range floor broken at 4010.
Gold broke the London low (4015.94) late in NY hours and printed a 4010.26 session low. The move extended the lower-high sequence that runs from the 4068.79 Asian high through the 4046 Asia pivot and the 4037.72 NY high. The GDP beat and in-line PCE kept the USD bid. Price is now basing back above the London low, just under the 4024 break shelf, with RSI(14) neutral near 46.
Support: 4,015.94, 4,010.26, 4,000.00
Resistance: 4,024.00, 4,037.72, 4,046.30
What it said to watch
M15 close back above the 4024 break shelf puts price back inside the 4016–4037 London-NY range
Close above the 4037.72 NY high and the descending trendline (~4035) breaks the lower-high sequence; the 38.2% retrace of the Asian high to session low move sits near 4032.6
Loss of the 4010.26 session low exposes the 4000 psych level
Friday's ECI at 12:30 UTC and Daly/Musalem Fedspeak could materially shift this read
16:47 UTC
Downtrend, lower highs since Asian high · RSI 41 · price 4,016.78
16:00 UTC break of the 4016–4038 range floor, now retesting it from below.
Gold has printed lower highs since the 4068.79 Asian high, and the London-NY range held 4016–4038 through the PCE/GDP data. The USD bid after the GDP beat pushed price through the range floor at 16:00 UTC to a 4010.26 session low. Price is now testing the old range floor from below, with RSI(14) near 41.
Support: 4,010.26, 4,000.00
Resistance: 4,017.08, 4,037.72
What it said to watch
M15 close back above the 4017 range floor would mark the break as a false break
Loss of the 4010.26 session low exposes the 4000 psych level
Lower-high line from the Asian high (~4037 now) and the 4037.72 range top would need to break to end the lower-high sequence
Friday's ECI at 12:30 GMT and Daly/Musalem Fedspeak could materially shift this read
16:32 UTC
Downtrend, lower highs since Asian high · RSI 38 · price 4,014.14
Break below the 4016–4039 London/NY range.
Gold slipped out of the 4016–4039 range that held through London and early NY, printing a session low at 4010.26 around London close. The USD bid after the GDP beat and in-line PCE kept rebounds under the lower highs line from the 4068.79 Asian high. RSI(14) near 38 is not oversold, and the 4000 psych level sits just below.
Support: 4,010.26, 4,000.00
Resistance: 4,015.94, 4,039.31
What it said to watch
M15 close back above the 4016 range low turns the break into a false break
Failure to hold the 4010.26 session low exposes 4000 psych
Recovery through the 4033 38.2% fib and the 4039 range top breaks the lower highs line
Fri ECI 12:30 GMT and Daly/Musalem Fed-speak could materially shift this read
16:17 UTC
Intraday downtrend, lower highs since Asia · RSI 43 · price 4,016.11
Session lows 4016-4039 range broken lower at London close; price back at the range floor.
Lower highs since the 4068.79 Asian high. London broke the 4022.14 Asian low, and the NY session after the GDP beat and in-line PCE stayed capped at the 4037.7 range top as the USD firmed. A push to a 4010.26 session low around London close leaves price pressing the 4016 range floor, RSI(14) in the low 40s.
Support: 4,010.26, 4,000.00
Resistance: 4,022.14, 4,037.70
What it said to watch
Recovery back above the 4022.14 asian low would turn the range break into a false break
Break of the 4010.26 session low exposes the 4000 psych level
Descending trendline from 4068.79, now near 4033, sits just under the 4037.7 range top, which is still capping rebounds; 38.2% of the 4068–4010 fib drop is near 4032.6
Flow is thin after London close; the next scheduled catalyst is ECI on Fri 12:30 UTC
16:04 UTC
Sideways below both EMAs after post-FOMC fade · RSI 45 · price 4,021.85
Range 4016–4039 since London open, capped below Asian lower highs.
Gold has ranged 4016–4039 since London broke the Asian low. Today's in-line core PCE and GDP beat at 12:30 GMT brought two-way swings but no break, and NY rallies stalled twice at the 4037.7 range top near the 38.2% retrace of the 4068.8–4015.9 drop. Price now sits in the lower half under EMA20/50, with the NY low at 4019 holding and RSI(14) neutral near 45.
Support: 4,019.20, 4,015.94, 4,000.00
Resistance: 4,037.70, 4,046.30
What it said to watch
M15 close below the 4015.9 day low breaks the range floor and exposes the 4000 psych level
M15 close above the 4037.7 range top / 38.2% retrace opens the 4046 swing high
Late NY and the London close with no data scheduled; Fri ECI 12:30 GMT and Daly/Musalem are the next catalysts
15:47 UTC
Sideways after an overnight sell-off, lower highs intact · RSI 45 · price 4,021.58
London/NY range 4016–4038 below the broken Asian low.
The USD bid after the GDP beat and in-line PCE pushed gold through the 4022 Asian low at London open. Price has since ranged between the 4016 session low and the 4037–4039 range top, which lines up with the 38.2% retrace of the 4069–4016 drop and has rejected five times. Late in the NY session price sits in the lower half of the range with RSI(14) near 45, and no breakout is in play.
Support: 4,016.00, 4,000.00
Resistance: 4,037.70, 4,046.30
What it said to watch
M15 close below the 4016 session low breaks the range and exposes the 4000 psych level
M15 close above the 4038 range top / 38.2% retrace reopens the 4046 swing high
Friday's ECI (12:30 GMT) is the next data risk to the range
15:33 UTC
Sideways, heavy below Asian range · RSI 46 · price 4,024.94
4016–4039 range since London open, capped below the 38.2% retracement.
London broke below the Asian low at 4022 and gold has held a 4016–4039 range since, as the USD bid from the GDP beat and in-line PCE kept it heavy. The 12:30 GMT data produced two-way swings but did not break either edge. The range top near the 38.2% fib was rejected again at 14:45 GMT, and mid-NY session price sits in the lower half of the range below both EMAs, with RSI(14) near 46.
Support: 4,022.14, 4,015.94
Resistance: 4,039.31, 4,068.79
What it said to watch
M15 close below the 4016 range low opens the $4,000 psych level
M15 close above the 4039 range top and the 38.2% fib brings the 4069 Asian high back into view
Repeated closes back under the 4022 Asian low keep pressure on the range low
Friday's ECI (12:30 GMT) and Daly/Musalem Fed-speak could materially shift this read
15:17 UTC
Post-Asia decline, now sideways · RSI 46 · price 4,022.94
London-NY range 4016–4039, price in lower half.
Gold slid from the 4068.79 Asian high and has been boxed in a 4016–4039 range since London, with the range floor tested repeatedly through the 12:30 GMT GDP beat and in-line PCE. NY rallies met rejection at the range top near 4037, which lines up with the 38.2% fib of the Asian high-to-London low move, and price is back below both EMAs at mid-NY session with RSI(14) at 46.
Support: 4,016.00, 4,000.00
Resistance: 4,038.00, 4,046.30
What it said to watch
M15 close below the 4016 range floor exposes the 4000 psych level
M15 close above the 4038 range top opens the 50% fib near 4042 and the 4046 swing high
Friday's ECI (12:30 GMT, f/c 0.8%) is the next scheduled catalyst for resolving the range
4016–4039 range since London, price testing range top.
Gold broke the 4022 asian low in London and has since ranged 4016–4039, with the triple low at 4016–4017 absorbing the USD bid after the GDP beat and in-line PCE. The NY session bounce is now pressing the 4037.7–4039.3 range top, which coincides with the falling trendline and the 38.2% fib of the 4068.8–4015.9 drop near 4036.
Support: 4,027.50, 4,022.14, 4,016.00
Resistance: 4,039.31, 4,046.30, 4,050.00
What it said to watch
M15 close above 4039.3 range top breaks the falling trendline and opens the 4046.3 swing high, then the 4050 round number (50% fib at 4042.4)
Rejection at the range top that sends price back below the ema20 (~4027.5) returns focus to the 4022 asian low
Failure to hold the 4016 triple low ends the range read and extends the lower-low sequence
Fri ECI 12:30 GMT and Daly/Musalem remarks could materially shift this read; nothing scheduled in the next 8h
The post-FOMC slide from 4082.67 has compressed into a 4016–4038 range through London and the NY open. The GDP beat and low claims pushed USD higher, but the dip held at the session low again. Highs keep stepping lower beneath the 4046 lower high, with RSI(14) near 44.
Support: 4,016.00, 4,000.00
Resistance: 4,038.00, 4,046.30
What it said to watch
M15 close below the 4016 session low breaks the floor and exposes the 4000 psych level
Close above the 4038 range top and the lower-highs line through 4046 invalidates the compression read
Fed speakers and Friday's ECI could materially shift this read
Lower highs into a 4016–4038 range below the Asian low.
The post-FOMC fade from 4082.67 ran through Asia. London then broke the asian low at 4022.14 as USD firmed on the GDP beat and low claims, and price has since ranged 4016–4038 under a lower-highs trendline. The session low near 4016 has been tested four times, and the first hour of NY saw a rejection at 4037.72, just under the range top.
Support: 4,016.00, 4,000.00
Resistance: 4,022.14, 4,038.00
What it said to watch
An M15 close below the 4016 session low breaks the range floor and exposes the 4000 psych level
An M15 close above the 4038 range top (near the 38.2% fib of the 4068–4016 drop) and the lower-highs trendline invalidates the descending structure
Price sitting on the asian low at 4022 marks the pivot inside the current range
ECB decision and Lagarde today could jolt USD and shift this read
13:48 UTC
Range after London breakdown, momentum neutral · RSI 45 · price 4,023.98
4016–4038 range since London; NY spike rejected at range top.
London broke below the Asian range and printed a 4016 london low. The 12:30 GMT US data (GDP beat, in-line PCE) brought a retest of that range floor, which held at 4016.73. The early-NY spike to 4037.72 was rejected at the range top near the 38.2% retracement of the Asia-high selloff, and RSI(14) sits neutral near 45.
Support: 4,016.00, 4,000.00
Resistance: 4,038.00, 4,042.40
What it said to watch
M15 close below the 4016 london low breaks the range floor and exposes the 4000 psych level
M15 close above the 4038 range top opens a test of the 4042 fib 50% of the Asia-high selloff
Wide ATR near 885 pips; post-data swings inside the range remain large
Lower highs from 4068.8 pressing into a flat 4016–4018 base.
Gold broke below the Asian range low near 4022 in London after the GDP beat and low claims firmed USD, but the 4016 session low has held three times into the first hour of NY. Each rebound is capped lower, at the 4039 London high, then the 4032.5 lower high and the falling trendline. Price is under both EMAs with RSI(14) near 42.
Support: 4,016.00, 4,000.00
Resistance: 4,032.50, 4,039.30
What it said to watch
M15 close below the 4016 session low breaks the base and exposes the 4000 psych level
Close above the 4032.5 lower high and falling trendline breaks the lower-high chain; 4039 london high is next
Lagarde/ECB headlines during NY hours could swing USD; Friday's ECI is the next scheduled USD risk
Lower highs from the 4068.8 Asian high; tight 4016–4032 range into early NY.
Lower highs since the 4068.8 Asian high define the trendline. London set the session low at 4015.9, and the 12:30 GMT data whipsaw (in-line core PCE, GDP beat) retested it at 4016.7 without a new low. Early NY is compressing between the session low and the 4032.5 post-data high, below EMA20/50 with RSI(14) near 46.
Support: 4,016.00, 4,000.00
Resistance: 4,032.50, 4,039.30
What it said to watch
M15 close above the 4039.3 london high breaks the lower-highs trendline and puts the 50% retracement of the 4068.8–4015.9 leg near 4042 in view
Failure to hold the 4016 session low exposes the 4000 round number
ECB decision and Lagarde later today could shift USD and break the post-data range
The fade from the 4082.67 post-FOMC high, after the hawkish Fed hold, has printed lower highs at the Asian high of 4068.79 and the London high of 4039.31. Price has broken the 4022 Asian low and is compressing above a 4016 range floor tested three times since London open. The 12:30 GMT PCE/GDP bar swung 4023–4033 and stalled under the lower-highs line, with RSI(14) neutral near 45 and ATR around 770 pips.
Support: 4,016.00, 4,000.00
Resistance: 4,032.60, 4,039.30
What it said to watch
A close below the 4016 range floor confirms a lower-low and exposes the 4000 psych handle
A close above the 4032.6 pce high, then the 4039.3 london high, breaks the lower-highs sequence
PCE/GDP actuals are not yet in the feed and could still reprice Dec hike odds this session
12:47 UTC
Downtrend, flattening into a range · RSI 47 · price 4,026.67
Lower highs from 4068.79, London range 4016–4039 below the Asian low.
Gold extended the Asia-London drop from the 4068.79 spike, breaking the 4022.14 Asian low for a 4015.94 session low. Since then it has held a 4016–4039 range: lower highs cap at the london high under the 38.2% retrace, and buyers defended the 4017 area again at noon. The 12:30 GMT PCE/GDP bar stayed inside 4023–4033 with actuals not yet in the feed, and RSI(14) is flat near 47.
Support: 4,022.14, 4,015.94, 4,000.00
Resistance: 4,039.31, 4,042.37, 4,046.30
What it said to watch
A close below the 4015.94 session low extends the lower-low sequence toward the 4000 psych level
A close above the 4039.31 london high breaks the lower-highs trendline, with the fib 50% at 4042.37 and the 4046.30 asia lwr hi above
Failure to hold back above the 4022.14 asian low keeps price pinned to the bottom of the range
Core PCE/GDP actuals are still pending in the feed; a soft core print paring December hike odds could shift this read
12:33 UTC
Downtrend since the post-FOMC high, now flat inside a London range · RSI 47 · price 4,028.48
Lower highs from 4082.67; ranging 4016–4039 since the Asian low broke.
The post-FOMC slide from 4082.67 broke the 4022.14 Asian low and made a 4015.94 London low as USD firmed after Warsh's hawkish hold. Since then price has ranged 4016–4039, capped by the 4039.31 session high and a falling trendline off the 4068.79 Asian high. RSI(14) is near 47 and price sits on EMA20, mid-range with no break in play.
Support: 4,022.14, 4,015.94, 4,000.00
Resistance: 4,039.31, 4,050.23, 4,068.79
What it said to watch
US core PCE/GDP/claims bundle at 12:30 GMT lands in the current bar and could materially shift this read
M15 close below the 4015.94 London low extends the lower-low chain toward 4000 psych
Close above the 4039.31 session high and the falling trendline opens the 4050.23 swing high, near the 50% fib of the post-FOMC slide
Repeated closes back under the 4022.14 Asian low would show the range floor giving way
Lower highs below 4068.79 Asian high; London range 4015.94–4039.31.
Gold has carried lower highs from the 4068.79 Asian high since the hawkish Warsh hold. London has boxed it in a 4015.94–4039.31 session range, and the 12:00 UTC bar's rejection of 4017.53 put price back mid-range near 4030 ahead of the US data.
Support: 4,015.94, 4,000.00
Resistance: 4,039.31, 4,050.00, 4,068.79
What it said to watch
Core PCE/GDP/claims at 12:30 UTC (next bar) could materially shift this read
Failure to hold the 4015.94 session low exposes the 4000 psych mark
Close above the 4039.31 session high and the descending trendline breaks the lower-high chain; 4050 pivot next
Asian high at 4068.79 caps the post-Fed retracement; fib 50% sits near 4042
11:48 UTC
Downtrend, compressing near lows · RSI 44 · price 4,027.34
Lower highs since post-FOMC 4082.67 peak; London range 4016–4039.
Gold has printed lower highs since the hawkish-Fed spike to 4082.67. London swept the asian low at 4022.14 to a session low of 4015.94, then rotated back into a tight band where the push to the 4039.31 london high met rejection at the lower-high trendline. Price sits just under the ema20 near 4030.5 with RSI(14) neutral at 44, compressing into the 12:30 GMT US data.
Support: 4,022.14, 4,015.94, 4,000.00
Resistance: 4,030.50, 4,039.31, 4,049.30
What it said to watch
US core PCE / Q3 GDP at 12:30 GMT could materially shift this read
M15 close above the 4039.31 london high and the lower-high trendline breaks the sequence; fib 50% at 4049.3 is the next reference
Failure to hold the 4022.14 asian low re-exposes the 4015.94 session low and the 4000 psych floor
Lower highs since 4068.79 Asian high; London range 4023–4039 with higher lows after a sweep of the Asian low.
London swept the Asian low at 4022.14 to a session low of 4015.94, then built higher lows inside a 4023–4039 range. Repeated rejection at the range top caps the bounce between the 38.2% and 50% retracement of the Asia drop from 4068.79. Gold sits under EMA50 with RSI(14) flat near 49 in late London as USD stays firm after the hawkish Fed hold; the 4046 asia pivot is the next level overhead.
Support: 4,023.20, 4,015.94
Resistance: 4,039.30, 4,046.30
What it said to watch
US Q3 GDP and core PCE at 12:30 UTC (~1h) are likely to resolve the 4023–4039 range; release volatility may exceed the ~730-pip ATR
An M15 close above the 4039 range top exposes the 50% Asia drop fib at 4042 and the 4046 asia pivot
A close below the 4023 range floor reopens the 4015.94 session low; failure there extends the lower-low sequence toward the 4000 psych level
London higher-low chain off 4015.94, pressing session high.
Gold faded from the 4068.79 Asia high as USD firmed after the hawkish Fed hold. London swept the pre-London lows to a 4015.94 session low, and a higher low at 4025.15 followed. Price is now testing the 4039.31 session high at the 38.2% retracement, holding just above EMA50, with 4046.3 prior pivot overhead and 4000 psych below.
Support: 4,025.15, 4,015.94, 4,000.00
Resistance: 4,039.31, 4,046.30, 4,068.79
What it said to watch
M15 close above 4039.31 session high clears the 38.2% and opens the 50% fib near 4042.4, then the 4046.3 prior pivot
Loss of the 4025.15 higher low breaks the London trendline and exposes the 4015.94 session low
US Core PCE and Q3 GDP at 12:30 UTC (~74 min) could materially shift this read; a soft print puts the 4068.79 Asia high in view, a hot one reopens the 4000 psych area
11:04 UTC
Downtrend, compressing near lows · RSI 52 · price 4,032.92
Lower highs from 4068.79 Asian high; higher lows off 4015.94 London low.
Gold failed at the 4068.79 Asian high after the hawkish Fed hold and slid through the session. London briefly broke the 4022.14 Asian low to 4015.94, a false break, and was bought straight back. Since then the market has been coiling. Higher lows are pressing into a falling trendline near 4033, capped below the 4037.83 London high, and RSI sits neutral around 52.
Support: 4,022.14, 4,015.94, 4,000.00
Resistance: 4,037.83, 4,046.30, 4,068.79
What it said to watch
Core PCE and Q3 GDP at 12:30 UTC could materially shift this read
M15 close above 4037.83 london high breaks the falling trendline and exposes the 4046.30 swing high, then the 38.2–50% fib zone up to 4042
Loss of the rising trendline and 4022.14 asian low reopens 4015.94 london low; a break there turns attention to 4000 psych
Reclaim of 4068.79 asian high would undo the post-Fed lower-high sequence
10:47 UTC
Downtrend, compressing after London low · RSI 46 · price 4,027.21
Lower highs from Asia peak; Asian-low sweep reclaimed, 4023–4034 range.
London swept the Asian low at 4022.14 down to 4015.94 and reclaimed it. The bounce to the 4037.83 London high stalled near the 38.2% of the Asia high–London low fib, and the 4034.07 lower high keeps the descending trendline intact. Gold stays heavy after the hawkish Fed hold, compressing 4023–4034 ahead of 12:30 UTC core PCE/GDP, with RSI(14) near 46.
Support: 4,022.14, 4,015.94, 4,000.00
Resistance: 4,034.07, 4,037.83, 4,050.00
What it said to watch
M15 close above the 4034.07 lower high and descending trendline breaks the lower-high sequence, exposing the 4037.83 London high and the 4050 round number
Failure to hold the 4022.14 Asian low reopens the 4015.94 London low, with the 4000 psych level below
12:30 UTC core PCE (f/c 0.3% m/m) and Q3 GDP could materially shift this read; ATR(14) near 760 pips likely expands on the release
Lower highs from 4068.8 Asian high; London swept the Asian low, bounce capped at 4037.8.
Gold has printed lower highs since the 4068.8 Asian high after the hawkish Fed hold revived USD demand. Mid-London, price swept the 4022 Asian low to the 4015.9 London low and reclaimed it, but the bounce stalled at the 4037.8 swing high near the 38.2% retracement of the Asian high to London low drop. Price is now compressing in a 4023–4034 band under EMA20, with RSI(14) near 43 and the falling trendline overhead.
Support: 4,022.10, 4,015.90, 4,000.00
Resistance: 4,037.80, 4,046.30, 4,068.80
What it said to watch
Core PCE and Q3 GDP at 12:30 UTC (~2h) could materially shift this read
M15 close below the 4015.9 London low confirms a fresh lower low, with the 4000 psych level next
Close above the 4037.8 swing high and the falling trendline opens the 4046.3 lower high, then the 4068.8 Asian high
10:18 UTC
Intraday downtrend, stalling into a range · RSI 47 · price 4,032.60
Lower highs since 4068.8 Asia spike; London range 4016–4038.
Gold has printed a run of lower highs since the 4068.8 Asia high as the dollar firmed after the hawkish Fed hold. London briefly broke the Asian low near 4022 and printed a 4015.94 session low, but that break failed and price recovered into a 4016–4038 range. Price is now pressing the falling trendline near 4033, holding just above EMA20 with RSI(14) neutral at 47.
Support: 4,023.20, 4,015.94, 4,000.00
Resistance: 4,037.80, 4,046.30, 4,068.80
What it said to watch
M15 close above the 4037.8 range top and the falling trendline breaks the lower-high sequence; 38.2% of the post-Asia drop sits at 4036, 4046.3 lower high next
Loss of the 4023.2 higher low reopens the 4015.94 session low, with 4000 psych below
Core PCE and Q3 GDP at 12:30 UTC (~2h) could materially shift this read; a soft core print puts the 4068.8 asia high back in focus, a hot one exposes 4000
10:04 UTC
Downtrend, lower highs since Asia · RSI 47 · price 4,030.26
Lower highs from 4068.8; London low 4015.9 reclaimed, compressing under 4037.8.
Gold has printed lower highs from the 4068.8 Asian spike after the hawkish Fed hold. London's false break below the 4022 asian low ran to 4015.9 and was reclaimed. The bounce stalled at the 4037.8 session high near the 38.2% retracement, leaving price compressing under the falling trendline with RSI(14) neutral near 47.
Support: 4,022.10, 4,015.94
Resistance: 4,037.80, 4,046.30
What it said to watch
M15 close back below the 4022 asian low reopens the 4015.9 london low
M15 close above the 4037.8 session high and the falling trendline breaks the lower-high sequence, with the 4046.3 lower high next
Core PCE and Q3 GDP at 12:30 UTC (~2.5h) could materially shift this read
09:47 UTC
Downtrend from Asian high, London basing · RSI 46 · price 4,027.19
Lower highs since 4068.79; London false break of Asian low, 4016–4038 range.
The hawkish-Fed fade has carried gold from the 4068.79 Asian high through a chain of lower highs. London broke the 4022.14 Asian low to a 4015.94 session low, then reclaimed it. The bounce stalled at the 4037.8 London high near the 38.2% retracement, and price now sits mid-range below EMA20 with RSI(14) near 46.
Support: 4,022.14, 4,015.94, 4,000.00
Resistance: 4,037.83, 4,046.30, 4,068.79
What it said to watch
M15 close below the 4015.94 session low resumes the lower-low sequence, with 4000 psych next
Close above the 4037.8 London high opens the 4046.3 swing high and the 50–61.8% retracement zone
Core PCE and Q3 GDP at 12:30 UTC (~3h) could materially shift this read; a soft core print puts the 4068.8 Asian high back in play
Lower-high/lower-low chain; London broke Asian low, bounce capped at 4037.8.
Gold has kept printing lower highs since the hawkish Fed hold. The London session broke the asian low at 4022.14 to print a 4015.94 london low, but the rebound stalled at 4037.8, the second rejection there and close to the 38.2% fib of the 4068.8–4015.9 leg. Price sits back below EMA20/EMA50 with RSI(14) in the low 40s.
Support: 4,022.14, 4,015.94, 4,000.00
Resistance: 4,037.80, 4,046.30
What it said to watch
M15 close above the 4037.8 london high breaks the lower-high chain and exposes the 4046.3 swing high
Failure to hold the 4015.94 london low extends the lower-low sequence toward the 4000 psych level
Price holding back above the 4022 asian low keeps the Asian range break unconfirmed
Core PCE and Q3 GDP at 12:30 UTC (~3h) could materially shift this read
Lower highs since 4068.8 Asian spike; London range 4016–4038.
Gold has carried a lower-high sequence since the 4068.8 Asian high as USD demand followed the hawkish Fed hold. London swept the 4022 asian low to a 4015.94 session low, then bounced to 4037.8, a session high at the 38.2% retracement of the drop, where it met rejection. Price is now flat at 4030, just under ema20, with RSI(14) near 49.
Support: 4,022.10, 4,015.94, 4,000.00
Resistance: 4,037.83, 4,042.40, 4,046.30
What it said to watch
M15 close above the 4037.8 session high opens the 50% fib at 4042.4 and the 4046.3 swing high
Failure to hold the 4022 asian low, then the 4015.94 session low, confirms a fresh lower low with the 4000 psych level exposed
Core PCE and Q3 GDP at 12:30 UTC (~3h) could materially shift this read; a soft core print has room to squeeze price back toward 4050
LH/LL chain; London swept Asian low, closed back above it.
Lower highs have stepped down since the post-Fed 4082.67 peak as the hawkish hold kept USD firm. In early London, gold briefly broke the 4022.14 asian low and printed a 4015.94 session low, then closed back above it. Price is pinned near 4024, below EMA20/50 and the descending-highs line, with RSI(14) near 39 and no oversold extreme.
Support: 4,022.14, 4,015.94, 4,000.00
Resistance: 4,035.20, 4,046.30
What it said to watch
US core PCE/GDP at 12:30 GMT (~3.5h) could materially shift this read
M15 close below the 4015.94 session low extends the lower-low chain toward 4000 psych
M15 close above the 4035.20 lower high breaks the descending-highs line and puts the 4046.30 swing high in view
Failure to hold the 4022.14 asian low turns the sweep into a clean break
08:47 UTC
Downtrend, lower highs since Asia · RSI 32 · price 4,021.05
Lower-high chain below descending trendline; early London probing under the Asian low.
Gold extended its post-Fed slide into early London, slipping under the 4022.14 Asian low to a fresh session low at 4020.98 as USD firmed on December hike bets. Lower highs since the 4068.79 Asian high keep the descending trendline intact, and RSI(14) near 32 is soft but not yet oversold.
Support: 4,020.98, 4,000.00
Resistance: 4,022.14, 4,035.20
What it said to watch
An M15 close back above the 4022.14 Asian low would mark the break as a false break
A close above the 4035.20 London high clears the descending trendline and ends the lower-high chain
Failure to hold the 4020.98 session low leaves the 4000 psych level exposed
Core PCE and Q3 GDP at 12:30 GMT (~4h) could materially shift this read
Lower highs off 4082.67 post-Fed peak, 4022 double low forming.
Gold keeps fading the post-Fed spike to 4082.67, with a lower-high chain off the 4068.79 Asian high as hike bets support the dollar. London opened with a retest of the 4022 double low and a bounce to 4035. Price is now pressing the lower-high trendline beneath the 4037.72 swing high, below EMA20/EMA50 with RSI(14) near 40.
Support: 4,022.14, 4,000.00
Resistance: 4,037.72, 4,046.30, 4,050.97
What it said to watch
M15 close above the 4037.72 swing high confirms the double low and breaks the lower-high trendline, opening the 4046.3 lower high and the 61.8% fib near 4051
Failure to hold the 4022 double low resumes the lower-low sequence toward the 4000 psych level
Core PCE and Q3 GDP at 12:30 GMT (~4h) could materially shift this read
08:17 UTC
Downtrend, early London stabilising · RSI 43 · price 4,029.19
Lower-high chain from 4068.79; 4022 low tested twice.
Gold extended its post-Fed fade through the Asia session. A lower-high chain from 4068.79 carried price to the 4022.14 asia low, as hawkish hike pricing kept USD bid. Early London retested that low at 4022.57 and bounced to 4035, where the descending trendline capped it. RSI(14) sits near 43 with price below EMA20 and EMA50.
Support: 4,022.14, 4,000.00
Resistance: 4,037.72, 4,046.30
What it said to watch
M15 close above the descending trendline and the 4037.72 london high would break the lower-high chain
Loss of the 4022.14 asia low confirms a lower-low and exposes the 4000 psych level
A reclaim of the 4046.30 lower high reopens the 61.8% asia drop fib near 4051
Core PCE / Q3 GDP at 12:30 GMT (~4h) could materially shift this read
08:04 UTC
Downtrend, lower highs since the post-Fed spike · RSI 40 · price 4,025.91
Lower-high chain off Asian high, testing session low at London open.
Gold has faded through the Asia session after the hawkish Fed hold. Price printed lower highs from the 4068.79 Asian high and the 4046.30 swing high to the 4022.14 session low. The bounce stalled at the 4037.72 lower high near the 38.2% of the Asian selloff, and London open is retesting the session low with RSI(14) near 40 and price below both EMAs.
Support: 4,022.14, 4,000.00
Resistance: 4,037.72, 4,046.30, 4,068.79
What it said to watch
M15 close below the 4022.14 session low extends the lower-low sequence toward the 4000 psych level
Close above the 4037.72 lower high and the falling trendline breaks the lower-high chain; the 4046.30 swing high is next
A run back to the 4068.79 Asian high would negate the post-Fed fade
Core PCE, Q3 GDP and claims at 12:30 GMT could materially shift this read
07:48 UTC
Intraday downtrend, lower highs since Asia · RSI 41 · price 4,027.21
Lower-high sequence from the 4068.79 Asia high; early London bounce capped below 38.2% retrace.
Gold faded through Asia after the hawkish Fed hold, printing lower highs from the 4068.79 Asia high into a 4022.14 session low late in the session. The early London bounce stalled at 4037.72, below the 38.2% retrace of the Asia drop. Price is back near 4027 under EMA20, with RSI(14) near 41.
Support: 4,022.14, 4,000.00
Resistance: 4,037.72, 4,046.30, 4,068.79
What it said to watch
Core PCE and Q3 GDP at 12:30 UTC (~5h) could materially shift this read
Failure to hold the 4022.14 session low extends the lower-low chain toward the 4000 psych level
M15 close above the 4037.72 london high and the lower-highs trendline breaks the lower-high sequence, exposing the 4046.30 swing high
Asia high at 4068.79 sits in the 4,070 cap zone flagged in the macro read
Lower highs from 4068.79; Asian base near 4036 broken, now capping.
Gold has printed lower highs since the 4068.79 Asia spike, and the break of the 4036 Asian base made a 24h low at 4022.14 as USD firmed after the hawkish Fed hold. The London bounce stalled at the 4037.72 london high, under the falling trendline and the 38.2% of the asia fib. Price is pinned just above the 4026.70 london low with RSI(14) near 41.
Support: 4,026.70, 4,022.14, 4,000.00
Resistance: 4,037.72, 4,046.30
What it said to watch
M15 close above the 4037.72 london high and the falling trendline breaks the lower-high chain, with the 4046.30 lower high next above
Failure to hold the 4022.14 24h low extends the lower-low sequence toward 4000 psych
US core PCE and Q3 GDP at 12:30 UTC (~5h) could materially shift this read; the digest flags a soft core print as the main squeeze risk
Lower highs and lower lows; rebound from 4022 stalling under broken floor.
Gold has printed lower highs since the post-FOMC spike to 4082.67. Late in the Asia session it swept the 4025 Fed-decision low to an asian low of 4022.14, then rebounded into the 4036 broken floor, where it is capping near the 38.2% of the Asia fib. RSI(14) is 44 and price sits under both EMAs ahead of London open, with the hawkish Fed hold and a firm USD behind the drift.
Support: 4,022.14, 4,000.00
Resistance: 4,046.30, 4,068.79
What it said to watch
M15 close above the 4036 broken floor and the descending trendline opens the 4046 swing high
Rejection at 4036 and a break of the 4022 asian low extends the lower-low chain toward 4000 psych
Core PCE and Q3 GDP at 12:30 UTC (~5h) could materially shift this read; the 4068.8 asian high caps the upside range
Asia lower-high chain; retest of broken shelf from below.
After the hawkish Fed hold, Asia faded the 4,068.79 asian high through a chain of lower highs into a 4,022.14 session low, just under the 4,025 fed low from the decision spike. Ahead of London open, price is retesting the 4,035–36 broken shelf from below, sitting at the 23.6% of the asian drop fib; RSI(14) near 44 with M15 ATR around 650 pips.
What it said to watch
M15 close back above the 4,036 broken shelf and the 4,046.30 lower high breaks the Asia lower-high chain
Rejection at the broken shelf followed by a break of the 4,022.14 session low and 4,025 fed low exposes the 4,000 psych level
Core PCE, GDP and claims at 12:30 UTC (~5.5h) could materially shift this read; the 4,068.79 asian high is the upper reference
Asia lower highs and lower lows; sweep below the fed-bar low, now testing broken support.
Gold has printed lower highs through the Asia session from the 4068.79 high as hawkish-Fed hike pricing weighs. The slide briefly undercut the 4025 fed-bar low to a 4022.14 session low before a modest rebound. Into London open, price is pressing the 4035.80 asia floor and the descending trendline with RSI(14) near 42, while the 38.2% fib at 4040 sits just above.
Support: 4,025.08, 4,022.14
Resistance: 4,035.80, 4,040.00, 4,046.06
What it said to watch
M15 close above the 4035.80 asia floor and descending trendline breaks the lower-high sequence
Acceptance above 4040 (38.2% fib) puts the 4046.06 lower high back in play
Failure to hold the 4025 fed-bar low and a break of the 4022.14 session low extends the lower-low chain
US Core PCE, GDP and claims at 12:30 UTC (~6h) could materially shift this read; a soft print raises short-covering squeeze risk
Asia session lower-high chain; 4035–4037 shelf broken, new 24h low.
Gold has printed lower highs through the Asia session from the 4068.79 asia high, a rally that stalled just under 4070 as the hawkish Fed hold weighed. Late Asia broke the 4035–4037 shelf and set a 24h session low at 4022.14, below the 4025 Fed-spike low. Price is basing near 4026 ahead of the London open, with RSI(14) near 36 and not yet oversold.
Support: 4,022.14, 4,000.00
Resistance: 4,036.00, 4,046.30, 4,068.79
What it said to watch
Core PCE/GDP at 12:30 UTC (~6h) could materially shift this read; a soft print risks a sharp squeeze
Reclaim of the 4036 broken shelf (38.2% fib) undercuts the breakdown
A close back above the 4046 swing high (50% fib) and the descending trendline breaks the lower-high chain
Failure to hold the 4022 session low exposes the 4000 psych level
The hawkish-hold Fed spike to 4082.67 faded, and the Asia session printed a lower-high chain from 4068.79 down to 4046.30. Price broke the 4035–4036 range floor and made a fresh swing low at 4022.14, just under the fed low at 4025.08, with RSI(14) near 31 late in the Asia session.
Support: 4,022.14, 4,000.00
Resistance: 4,025.08, 4,035.61, 4,046.30
What it said to watch
Close back above the 4035.61 range floor negates the range break
Failure to hold the 4022.14 swing low exposes the 4000 psych level
A close above the 4046.30 lower high breaks the descending trendline
US Core PCE/GDP at 12:30 UTC could materially shift this read
06:05 UTC
Short-term downtrend, lower highs off Asian high · RSI 39 · price 4,029.08
Lower highs since 4068.79; Asian range floor broken late Asia.
Gold extended the fade from the hawkish Fed hold in late Asia, breaking the Asian floor near 4035.80 and printing a 4022.14 session low under the 4025.08 post-Fed spike low before a small bounce. Lower highs from the 4068.79 Asian high frame the move, and price sits below both EMAs with RSI(14) near 39.
Support: 4,025.08, 4,022.14, 4,000.00
Resistance: 4,035.80, 4,046.30, 4,068.79
What it said to watch
M15 close back above the 4035.80 asian floor turns the break into a false break
Failure to hold the 4022.14 session low extends the lower-low sequence toward 4000 psych
Close above the 4046.30 swing high, through the lower-highs line and the 50% fib, breaks the fade structure
London open ~2h out tests whether the break below the Asian range holds
US Core PCE / GDP at 12:30 GMT (~6.5h) could materially shift this read
05:47 UTC
Intraday downtrend, lower highs since Asia open · RSI 38 · price 4,034.17
Lower highs pressing on a flat 4036 base; base giving way late Asia.
Post-Fed spike to 4082.67 has fully unwound. Asia printed a lower-high chain from the 4068.79 asian high down to 4046.3. Price is now slipping through the 4035.8–4036.4 range base to a new session low at 4033.29 ahead of London open, consistent with the hawkish-hold USD bid. RSI(14) near 38, not stretched.
Support: 4,033.29, 4,025.08
Resistance: 4,035.80, 4,046.30, 4,068.79
What it said to watch
A close back above the 4035.8 range base would mark the dip as a false break
Holding below the 4033.29 session low leaves the 4025.08 fed low as the next reference
A break of the lower highs trendline and a close above 4046.3 would end the lower-high chain
US Core PCE/GDP at 12:30 UTC (~7h) could materially shift this read; positioning skews toward a sharp squeeze on a soft print
The post-Fed spike to the 4082.67 fed high has fully unwound as USD dip-buying returned. Asia printed lower highs from the 4068.79 asia high into a flat asia floor near 4035.8, tested five times, and price sits at 4040 in late Asia below both EMAs with RSI(14) near 41.
Support: 4,035.80, 4,025.08
Resistance: 4,046.30, 4,068.79, 4,082.67
What it said to watch
M15 close below the 4035.8 asia floor exposes the 4025.08 fed low
Close above the 4046.3 lower high breaks the asia lower highs line and reopens 4068.79
London open break of the 4035.8–4068.79 Asian range sets the session direction
US Core PCE/GDP at 12:30 UTC (~7h) could materially shift this read
05:18 UTC
Post-Fed fade, lower highs into a flat floor · RSI 44 · price 4,043.75
Compression between falling trendline and Asian low.
The post-FOMC spike to the 4082.7 Fed high has faded as the USD found dip-buyers. Late in the Asia session, gold is printing lower highs under a falling trendline from the 4068.8 Asian high, while demand held the 4035.8 Asian low on three tests. RSI(14) is neutral at 44 and price sits just under EMA20, a tightening coil ahead of London open.
Support: 4,035.80, 4,025.08
Resistance: 4,050.23, 4,068.79, 4,082.67
What it said to watch
M15 close above the falling trendline and the 4050.2 lower high breaks the compression and puts the 4068.8 Asian high back in play
Failure to hold the 4035.8 Asian low exposes the 4025.1 Fed low from the presser spike
Core PCE and Q3 GDP at 12:30 UTC (~7h) could materially shift this read; a soft print reopens the 4082.7 Fed high
05:06 UTC
Post-FOMC fade, lower highs into a flat base · RSI 41 · price 4,040.99
Asian session lower-high sequence compressing above a 4035.8 floor.
The hawkish Fed hold whipsawed gold between the 4025.08 fomc low and the 4082.67 fomc high. USD dip-buying in Asia then drove a rejection at the 4068.79 asian high and a run of lower highs that has stalled on the 4035.80 asian low, with price sitting under both EMAs late in the Asia session.
Support: 4,035.80, 4,025.08
Resistance: 4,044.50, 4,068.79, 4,082.67
What it said to watch
M15 close above the 4044.50 lower high breaks the Asian lower-high sequence and puts the post-FOMC drop 38.2% near 4053.7 in view
Failure to hold the 4035.80 asian low exposes the 4025.08 fomc low
Recovery through the 4068.79 asian high would reopen the 4082.67 fomc high
Core PCE and Q3 GDP at 12:30 GMT (~7.5h) could materially shift this read
Lower highs since 01:15 GMT into a flat 4035.8 floor.
Asia faded the 01:00 GMT spike at the 4068.79 asian high and has printed lower highs since. Price is now pinned just above a 4035.8 asian low that has been tested five times, with RSI(14) near 38 and USD dip-buying after the hawkish-tilt Fed hold capping rebounds. The 38.2% fib of the Asian sell-off sits near 4048, just under the 4050 round number.
Support: 4,035.80, 4,028.07, 4,025.08
Resistance: 4,044.50, 4,050.23, 4,068.79
What it said to watch
M15 close below the 4035.8 asian low exposes the 4028 prior low and the 4025 fomc low
Recovery through the 4044.5 lower high breaks the lower-high chain; 4050 round number and the 38.2% fib come next
Core PCE, Q3 GDP and jobless claims at 12:30 GMT (~8h) could materially shift this read
04:32 UTC
Intraday downtrend, lower highs off Asia high · RSI 40 · price 4,037.22
Asia range 4035.80–4068.79, price pressing range floor.
The post-Fed spike to 4082.67 faded as USD firmed on 85% December hike odds. The Asia leg from the 4068.79 Asian high has printed lower highs at 4050.23 (swing high) and 4044.50 (lower high), with the 4036 area, now the Asian low at 4035.80, tested three times. Late Asia, price sits below EMA20/50, RSI(14) near 40 and ATR(14) about 900 pips.
Support: 4,035.80, 4,025.08
Resistance: 4,044.50, 4,050.23, 4,068.79
What it said to watch
M15 close below 4035.80 asian low breaks the triple-tested floor and exposes the 4025.08 fed low
Reclaim of 4044.50 lower high, then 4050.23 swing high (near 38.2% of the Asia leg), breaks the lower-high sequence
Asian high at 4068.79 caps the range; London open in ~2.5h can set the session range
Core PCE and GDP at 12:30 GMT (~8h) could materially shift this read
After the hawkish-split Fed hold swung gold between the 4025 fed low and the 4082.67 post-fed high, the Asia session faded the firm USD. The 01:00 UTC spike to the 4068.79 Asia high met rejection and was fully retraced. Late Asia now shows a lower high chain at 4068.79, 4050.23 and 4044.50 against an Asia low that has held near 4036 four times. RSI(14) sits near 40 with price below both EMAs.
Support: 4,035.86, 4,025.08
Resistance: 4,044.50, 4,068.79, 4,082.67
What it said to watch
M15 close below the 4035.86 asia low exposes the 4025.08 fed low
Close above the 4044.50 lower high breaks the descending-highs sequence
London open in roughly 3h may extend or reject the Asian range
US core PCE, GDP and claims at 12:30 UTC (~8h) could materially shift this read
04:05 UTC
Post-Fed fade, lower highs through Asia · RSI 46 · price 4,038.35
Lower highs from 4068.79 pressing on Asian low at 4036.
The Fed whipsaw swung between the 4025.08 fed low and the 4082.67 post-fed hi, and that spike has since faded as USD firmed on the hawkish dissents. Late Asia has printed a lower high at 4068.79 then 4050.23, and price is now sitting on the 4036.4 Asian low that has held twice, with London open about 3h away.
Support: 4,036.40, 4,028.10, 4,025.08
Resistance: 4,050.23, 4,068.79, 4,082.67
What it said to watch
M15 close below the 4036.4 Asian low exposes the 4028.1 london low and the 4025.08 fed low
Close above the 4050.23 lower high breaks the Asia lower-high trendline and reopens 4068.79 asian high
Core PCE and GDP at 12:30 UTC (~8.5h) could materially shift this read; a soft print puts the 4082.67 post-fed hi back in play
03:48 UTC
Post-Fed pullback, lower highs in Asia · RSI 47 · price 4,043.64
Lower highs compressing onto a flat 4036.5 floor.
Late Asia session: gold has faded the 01:15 UTC spike to the 4068.79 asian high, extending the giveback after the hawkish-split Fed hold. Price printed lower highs at 4066, 4064 and 4050.23 while the 4036.5 asian low held three times, and now sits below EMA20/50 between the 61.8% and 78.6% retracement of the post-Fed leg, with RSI(14) neutral at 46.
Support: 4,036.50, 4,025.08
Resistance: 4,050.23, 4,068.79
What it said to watch
M15 close below the 4036.5 asian low confirms a lower-low and exposes the 4025 fed low
Close back above the 4050.23 lower high breaks the lower-high chain and reopens the 4068.79 asian high
London open in ~3h tends to test the Asian range; Thu 12:30 GMT core PCE/GDP could materially shift this read
03:32 UTC
Two-way chop, lower highs since Asia open · RSI 47 · price 4,041.55
Asian range 4036–4069; lower-high sequence pressing on a thrice-tested session low.
The hawkish-split Fed hold whipsawed gold between the 4025 fed low and a 4082.67 post-fed high before a firm USD pulled it back. In the Asia session the spike to the 4068.79 session high was rejected, and lower highs at 4066, 4064.6 and 4050.2 have walked price back to the 4036–4037 session low, which held for a third time.
Support: 4,036.40, 4,025.08
Resistance: 4,050.23, 4,068.79, 4,082.67
What it said to watch
M15 close below the 4036.4 session low breaks the Asian range and exposes the 4025 fed low
Reclaim of the 4050 lower high breaks the lower-high trendline and reopens the 4068.8 session high
A push through 4082.67 post-fed hi would erase the Fed-day rejection
Core PCE, GDP and claims at 12:30 GMT (~9h) could materially shift this read
Lower highs pressing on the Asian range floor near 4036.
Gold has faded the post-Fed spike to 4082.67 and printed lower highs through the late Asia session at 4068.8 (asian high) and 4050.2 (lower high), with USD firm after the hawkish-split hold. Price sits at the base of the 4036–4069 Asian range, where the 4036.4 asian low has held three tests. RSI(14) is near 43 and price is below both EMAs.
Support: 4,036.40, 4,025.10
Resistance: 4,050.20, 4,068.80
What it said to watch
M15 close below the 4036.4 asian low breaks the range floor and exposes the 4025.1 fed low
Recovery above the 4050.2 lower high breaks the lower-high chain and brings the 4068.8 asian high back into view
London open in ~4h is the next test of the Asian range
Core PCE + GDP Thu 12:30 GMT (~9h) could materially shift this read
Gold's Asian rally to the 4068.79 asian high was rejected just under the $4,070 area. The rejection follows the hawkish-leaning Fed hold, and price has faded back to 4045, between the 61.8% and 78.6% retracement of that rally. Highs have stepped lower all session to a 4050.23 lower high, with the 4039.74 swing low holding above the 4036.39 asian low. RSI is neutral near 46.
Support: 4,039.74, 4,036.39, 4,025.08
Resistance: 4,050.23, 4,068.79, 4,082.67
What it said to watch
M15 close above the 4050.23 lower high breaks the stepped-lower sequence and puts the 4068.79 asian high back in play, with the 4082.67 post-fed hi beyond.
Loss of the 4039.74 swing low and the 4036.39 asian low exposes the 4025.08 fed low from the press-conference spike.
Core PCE, GDP and jobless claims at 12:30 GMT (~9.5h) are likely to reset the Asian range.
02:47 UTC
Post-Fed chop, lower highs since Asia spike · RSI 45 · price 4,043.41
Asian range 4036–4069, price in lower third.
The Asia session spike from the 4036.42 asian low to the 4068.79 asian high was rejected just under the 4070 post-Fed resistance. A run of lower highs has followed, and price at 4043 sits on the 78.6% retrace of that spike, near the 4039.74 recent low and below both EMAs. Gold stays heavy after the hawkish-split Fed hold, which set the 4025.08 fed low and the 4082.67 post-fed hi, while ATR(14) near $10.5 reflects the post-FOMC chop.
Support: 4,039.74, 4,036.42, 4,025.08
Resistance: 4,054.46, 4,068.79, 4,082.67
What it said to watch
Close below the 4036.42 asian low breaks the Asian range and puts the 4025.08 fed low in play
Reclaim of the 4054.46 lower high reopens the 4068.79 asian high
London open in ~4h could set the session direction out of the Asian range
Core PCE and GDP at 12:30 GMT (~10h) could materially shift this read
Asian range 4036–4069 with a lower-high sequence off the fed high.
The hawkish-split Fed hold whipsawed gold between the 4025 fed low and the 4082.67 fed high. Asia session has since printed lower highs at 4068.8, 4066 and 4064.6, each one rejected. Price is back near 4043, close to the 61.8–78.6% retracement of the post-Fed swing and just above the 4036 Asian low.
Support: 4,036.39, 4,025.08
Resistance: 4,068.79, 4,082.67
What it said to watch
M15 close below the 4036.39 asian low extends the lower-high sequence and exposes the 4025 fed low
A close above the 4068.79 asian high breaks the lower-high trendline toward the 4082.67 fed high
Core PCE and GDP Thu 12:30 GMT (~10h) could materially shift this read
Asian range 4036–4069 inside the FOMC swing; highs stepping lower from 4082.67.
Late Asia session: gold has faded the post-Fed spike to the 4082.67 FOMC high after the hawkish-split hold. The 01:15 UTC push to the 4068.79 Asian high was rejected under 4070, and price is back near 4052, the 50% of the Asian swing fib. Highs have stepped lower since the FOMC high, RSI(14) is neutral near 49 and price is flat around the EMAs.
Support: 4,049.45, 4,036.42, 4,025.08
Resistance: 4,068.79, 4,082.67
What it said to watch
M15 close below the 4049.45 swing low puts the 4036.42 Asian low back in play; failure there exposes the 4025.08 FOMC low
M15 close above the 4068.79 Asian high breaks the lower-highs line, with the 4082.67 FOMC high above
London open could break the Asian range either side
Core PCE and GDP at 12:30 UTC (~10h) could materially shift this read
02:05 UTC
Two-way, post-FOMC range with intraday rebound · RSI 55 · price 4,061.28
Higher low at 4050.87 inside a 4025–4083 post-FOMC range; lower high vs fomc high.
After Warsh's hawkish-leaning hold, gold whipsawed between the 4025.08 fomc low and the 4082.67 fomc high. The Asia session dipped to a 4036.42 asia low on a firmer USD, then rebounded sharply but met rejection at the 4068.79 asia high, just under the 4070 cap. The pullback held a 4050.87 higher low near the 61.8% retrace, with RSI(14) neutral at 55.
Support: 4,050.87, 4,036.42, 4,025.08
Resistance: 4,068.79, 4,082.67
What it said to watch
A close above the 4068.79 asia high and 4070 opens a retest of the 4082.67 fomc high
A break of the 4050.87 higher low exposes the 4036.42 asia low, then the 4025.08 fomc low
Core PCE, GDP and jobless claims at 12:30 GMT (~10h) could materially shift this read
01:47 UTC
Two-way chop after Fed hold, no directional chain · RSI 50 · price 4,055.43
Asian range 4036–4069, price mid-range after a rejected V-rally.
Gold swung through a 4025–4082 post-Fed range on the hawkish-leaning hold. In Asia it dropped to a 4036.4 session low, then rallied to a 4068.8 session high, where supply capped it under 4070. Price is back near 4055, close to the 4051 asia shelf and roughly a 41% retrace of the Asian swing, with RSI(14) neutral at 50.
Support: 4,051.00, 4,036.42, 4,025.08
Resistance: 4,068.79, 4,082.67
What it said to watch
M15 close above the 4068.8 session high and 4070 reopens the 4082.7 post-Fed high
Failure to hold the 4051 asia shelf exposes the 4036.4 session low, then the 4025 fomc low
Core PCE, GDP and jobless claims Thu 12:30 GMT (~11h) could materially shift this read
01:33 UTC
Two-way, sharp Asia bid into range top · RSI 59 · price 4,065.51
Post-FOMC range 4025–4083; Asia higher low at 4036.4.
Gold drifted from the Asia open to an Asian low at 4036.4, a higher low versus the 4025.1 FOMC low. It then lifted roughly $32 in two bars to a new Asian high at 4068.8, just under the $4,070 cap noted after the hawkish-leaning Fed hold. RSI(14) is near 58 after the jump; the 4053 asia shelf aligns with the 50% fib of the Asia leg, and the FOMC whipsaw of 4025–4083 still frames the session.
Support: 4,053.00, 4,036.42, 4,025.08
Resistance: 4,068.79, 4,082.67
What it said to watch
M15 close above the 4068.8 asian high opens the 4082.7 fomc high
Slip back below the 4053 asia shelf (50% fib of the Asia leg) returns price to mid-range
Loss of the 4036.4 asian low breaks the higher-low sequence off the 4025.1 fomc low
Core PCE and GDP at Thu 12:30 UTC (~11h) could materially shift this read
01:18 UTC
Two-way range after the Fed-day whipsaw · RSI 53 · price 4,054.08
Lower highs through Asia, sharp V-rebound off the 4036.4 session low.
Gold faded through the Asia session after the hawkish-leaning Fed hold, sliding from the 4068 session high through the 4051 asia shelf to a 4036.4 session low. The 01:00 GMT bar rebounded about $17 to 4054, which is the 38.2% fib of the 4082.7 fed high to 4036.4 drop. Price is mid-range inside the 4025 fed low to 4082.7 band, with the 4058 swing high capping the Asian rebound.
Support: 4,051.00, 4,036.40, 4,025.10
Resistance: 4,058.30, 4,068.00, 4,082.70
What it said to watch
A close above the 4058 swing high exposes the 61.8% fib near 4065 and the 4068 session high
Losing the 4051 asia shelf puts the 4036.4 session low back in play, with the 4025 fed low below
The 4082.7 fed high is the outer range cap; a break there changes the range read
Core PCE and GDP on Thu 12:30 GMT (~11h) could materially shift this read
Early Asia session has given back most of the post-Fed rally from 4025 to 4082.67, carving lower highs and now sitting on the 4036 asia low near the 78.6% fib as USD stays firm after the hawkish-leaning hold. The 00:00 UTC drop left 4047.7 as the breakdown level overhead. RSI(14) near 36 is soft but not oversold.
Support: 4,036.40, 4,025.10
Resistance: 4,047.70, 4,058.30, 4,070.00
What it said to watch
M15 close below the 4036 asia low and 78.6% fib exposes the 4025 fomc low
Recovery through the 4047.7 breakdown level and the asia lower-highs line neutralises the sell-off read; 4058.3 lower high and 4070 rebound cap sit above
Core PCE and GDP Thu 12:30 GMT (~11h) could materially reset this structure
Post-Fed spike fully retraced; Asia range floor broken, testing pre-Fed lows.
The FOMC whipsaw to 4082.67 met rejection and has been fully unwound. Gold is heavy after the hawkish-leaning hold, and early Asia has printed lower highs at 4068 and 4058.31. The 00:00 GMT bar broke the 4051 range floor, putting price back on the 4036–4037 pre-Fed low with RSI(14) near 37.
Support: 4,036.50, 4,028.07, 4,025.08
Resistance: 4,044.20, 4,051.00, 4,058.31
What it said to watch
Failure to hold the 4036 pre-Fed low exposes yesterday's 4028 Asia low and the 4025 Fed low
4044 breakdown level is the first test on any bounce
Reclaim of the 4051 range floor and a break of the 4058.31 lower high invalidates the lower-high sequence
Core PCE / GDP Thu 12:30 GMT (~12h) could materially shift this read
Post-Fed high rejected, lower highs; early Asia broke below reopen range floor.
The post-Fed spike to 4082.67 was rejected and price has printed lower highs since, staying under the 4070 cap as the USD firmed on the hawkish-leaning hold. Early Asia session broke the 4051 range floor to a 4039.80 session low. Price now sits below the 61.8% of the post-Fed fib leg, under both EMAs, with RSI(14) near 44.
Support: 4,039.80, 4,036.06, 4,025.08
Resistance: 4,051.00, 4,058.31, 4,070.00
What it said to watch
Failure to hold the 4039.80 session low exposes the 4036 pre-fed low and the 4025.08 fed low
Reclaiming the 4051 range floor and closing above the 4058.31 asia high would break the lower-high sequence
An M15 close above the lower-highs trendline and the 4070 cap negates the post-Fed rejection read
Core PCE, GDP and jobless claims Thu 12:30 GMT (~12h) could materially shift this read
Lower highs from the 4082.67 post-Fed high; early Asian range low broken.
The Fed whipsaw ran 4025.08–4082.67. The post-Fed high was rejected, and the Asia session has carved lower highs, with the latest bar breaking the 4050.87 Asia low to trade beyond the 61.8% of the post-Fed swing. The firm USD tone after the hawkish-leaning hold keeps price below both EMAs, RSI(14) 44.
Support: 4,036.06, 4,025.08
Resistance: 4,050.87, 4,058.31, 4,082.67
What it said to watch
Reclaim of the 4050.87 Asia low puts price back inside the Asian range; 4058.31 Asia high aligns with the lower-highs line
Failure to hold the 4036.06 swing low exposes the 4025.08 Fed low
M15 close above the 4082.67 post-Fed high negates the fade read
Core PCE / GDP Thu 12:30 GMT (~12h) could materially shift this read
00:05 UTC
Post-Fed spike faded, flat in early Asia · RSI 47 · price 4,053.48
Lower highs off 4082.67, tight Asian range at 50% retracement.
The Fed-hold whipsaw ran from 4025 to the 4082.67 fed high but was rejected back below the 4070 cap, with a run of lower highs into the reopen. Early Asia session is compressing in a 4050.9–4058.3 Asian range on the 50% fib, below EMA20 with RSI(14) neutral near 47.
Support: 4,050.87, 4,036.06, 4,025.08
Resistance: 4,058.31, 4,070.00, 4,082.67
What it said to watch
M15 close below the 4050.87 asian low exposes the 61.8% fib at 4047 and the 4036 ny low
Close above the 4058.31 asian high breaks the lower-highs line and reopens the 4070 cap, with the 4082.67 fed high above
Loss of the ny low at 4036 brings the 4025 fed low back into play
Core PCE + GDP at 12:30 GMT (~12h) could materially shift this read