Gold posted its week high at 4096 then sold off hard into a fresh YTD low at 3941 amid the hawkish-Fed repricing, before bargain buying lifted it back over the 4000 handle. The rebound stalled at 4063 — a lower high versus the 4096 peak — and price is now drifting back under EMA20/EMA50, with RSI(14) sub-50. The 4000 psych level and 3941 YTD low remain the pivotal floor this week.
Support: 4,000.00, 3,985.00, 3,941.00
Resistance: 4,037.00, 4,063.00, 4,096.00
What it said to watch
H1 close below 4000 reopens 3985 then 3941 ytd low
Reclaim of 4037 needed to re-test the 4063 lower high
ADP, Warsh and ISM Mfg today could materially shift this read
Gold sliced to a fresh YTD low at 3941 before bargain buying lifted it back toward the 4096 week-high zone, but the rebound faded into 4063 and price has drifted back to the 4000 psych level. The week has been hawkish-Fed driven; RSI(14) sits mid-range with the bullish divergence off 3941 yet to confirm. Price trades below EMA20 and EMA50, with 4034 and the 4063 lower high capping recoveries and 3987 the nearest swing low.
Support: 4,000.00, 3,987.00, 3,941.00
Resistance: 4,034.00, 4,063.00, 4,096.00
What it said to watch
H1 close above 4063 negates the lower-high sequence
Loss of 4000/3941 opens the 3930-3885 zone
ADP 12:15 UTC and Warsh 13:00 UTC Jul 1 could materially shift this read
Gold sold through the 4000 psych level to a fresh YTD low at 3941 before bargain buying lifted it to 4063, but the recovery has faded back under EMA20/EMA50 toward 4000. A lower high is in place at 4063 with supply at 4037 capping the latest push; RSI(14) sits mid-40s after the rejection. US-Iran de-escalation stripped haven demand while hawkish-Fed repricing kept the dollar bid and capped the bounce.
Support: 4,000.00, 3,941.00
Resistance: 4,037.00, 4,063.00
What it said to watch
H1 close below 4000 psych re-exposes the 3941 ytd low
Reclaim of the 4063 swing high needed to break the lower-high sequence
ADP 12:15 UTC and Fed Chair Warsh 13:00 UTC Jul 1 could materially shift this read
Gold sold off through the $4,000 psych level this week to a fresh ytd low at 3941 before bargain buying drove a sharp recovery toward the 4063 pivot. Price now consolidates near 4015 with RSI(14) lifting off oversold and a bullish divergence flagged into the low. The dominant move remains the decline from the 4096 week high; the 4040–4063 bounce cap has held the recovery so far.
Support: 4,000.00, 3,941.00
Resistance: 4,040.00, 4,063.00, 4,096.00
What it said to watch
H1 close below 4000 reopens the 3941 ytd low
Reclaim of the 4063 wk pivot needed to extend the bounce
ADP 12:15 UTC and Warsh 13:00 UTC Jul 1 could materially shift this read
Gold flushed below the 4000 psych level to a fresh YTD low at 3941 before bargain buyers reclaimed the figure in the NY session, leaving a false break that has held. Price is now consolidating 4010-4050, sitting above EMA20 but capped beneath EMA50 with RSI(14) back to a neutral 53. JOLTS beating forecast kept the firmer-USD theme intact, so the bounce has stalled rather than extended.
Support: 4,000.00, 3,941.00
Resistance: 4,050.00, 4,063.00, 4,088.00
What it said to watch
ADP (12:15 UTC) and Warsh speech (13:00 UTC) could materially shift this read
Gold flushed to a fresh YTD low at 3941 in the NY session before bargain buyers stepped in, lifting price back to the 4000 psych level and into the 4050 weekly pivot. The recovery off 3941 carved higher lows while momentum held up, but supply has capped each push short of 4050 with the week high at 4096 still distant. Price now consolidates around 4030 after JOLTS (7.594M vs 7.3M) reinforced the firmer-USD, higher-yield backdrop that drove the quarter's slide.
Support: 4,000.00, 3,960.00, 3,941.00
Resistance: 4,050.00, 4,096.00
What it said to watch
ADP (12:15 UTC) and Warsh speech (13:00 UTC) could materially shift this read
H1 close above 4050 opens the path toward 4096 week high
Loss of 4000 psych re-exposes 3960 support and the 3941 ytd low
Gold cracked under 4000 to a 7-month low at 3942 before reclaiming the figure and bouncing toward 4063, leaving price chopping inside a 4000–4063 band — consistent with the dollar-up, hawkish-Fed backdrop. The dip below 4000 was swept and recovered intraday, and price now sits just under EMA50 with RSI(14) flat around 50. Supply has capped two probes at 4063 this session.
Support: 4,000.00, 3,970.00, 3,942.00
Resistance: 4,063.00, 4,096.00
What it said to watch
H1 close above 4063 opens the path to the 4096 week high
Loss of 4000 reopens 3970 swing low and the 3942 7mo low
ADP + Warsh + ISM (Wed) could materially shift this read
15:02 UTC
Downtrend, recovering off lows · RSI 54 · price 4,037.88
Lower lows into 3942, bounce off the figure.
Gold spent the week grinding lower in a hawkish-Fed, strong-USD regime, breaking the 4000 figure to a seven-month low at 3942 before snapping back above it on the latest NY session. Price has reclaimed the EMA(20) with RSI(14) cycling back toward 54, but the broader path since the 4096 week high remains a sequence of lower highs. The 4000 round number flipped from support to a pivot the recovery now leans on.
Support: 4,000.00, 3,960.00
Resistance: 4,063.35, 4,096.03
What it said to watch
H1 close back below 4000 reopens 3960 ocbc support then the 3942 week low
Close above 4063 session high challenges the 4096 week high and the lower-high sequence
ADP and Warsh speech Wed plus NFP Thu could materially shift this read
14:02 UTC
Downtrend, bouncing off lows · RSI 54 · price 4,028.58
Lower highs into a swing low, recovery underway.
Gold cracked to a seven-month low at 3942 mid-week before a recovery reclaimed the 4000 round number; price now sits just above EMA(20) but capped below EMA(50). The bounce off the lows showed bullish RSI divergence, though attempts higher have met rejection near the 4054 prior high. The drop tracked firmer USD and Fed-hike repricing after in-line core PCE, with US-Iran de-escalation stripping out haven bid.
Support: 4,000.00, 3,960.00
Resistance: 4,096.03
What it said to watch
H1 close above 4054 prior high opens path to the 4096 week high
Loss of the 4000 round number reopens the 3960 cited low and 3942 week low
ADP (Wed) and Fed's Warsh could materially shift this read
13:03 UTC
Range-bound near YTD lows, no clear trend · RSI 49 · price 4,016.74
Choppy range, lower highs capping bounces.
Gold has chopped in a 3942–4096 range all week, pinned near seven-month lows as USD firmed on hawkish-Fed repricing. Price bounced off the 3942 week low into yesterday's NY session but the rally stalled around 4037 and faded back to 4016. RSI(14) is mid-range near 49 with price holding just above EMA(20) but capped below EMA(50).
Support: 4,000.00, 3,960.00
Resistance: 4,096.03
What it said to watch
H1 close below 4000 confirms a lower low toward 3960/3942
Reclaim and hold above 4037 reopens the 4096 week high
ADP + Warsh + ISM Manufacturing today/Wed could materially shift this read
Gold cracked to 3942 — a seven-month low — before snapping back into the 4030s as the haven bid drained on US-Iran de-escalation. Price is back above EMA(20) with RSI(14) recovered to the mid-50s, but the 4055 prior high has capped this week's bounces and EMA(50) overhead still sits near current price. Net read is a wide range with price mid-channel after the rebound.
Support: 4,000.00, 3,960.00
Resistance: 4,055.00, 4,096.03
What it said to watch
H1 close above 4055 opens the path toward the 4096 week high
Failure to hold 4000 reopens 3960 then the 3942 week low
ADP, Warsh and ISM Wed could materially shift this read
Gold cracked the 3960 support shelf into a 3942 week low before short-covering lifted it back through the 4000 psych pivot, with the metal now sitting near 4027 as US-Iran de-escalation and hawkish-Fed repricing kept rallies shallow. Price holds above EMA(20) but trades just under EMA(50), and RSI(14) has cycled back to the mid-50s. The 4037 day high has capped the recovery so far while the 3942–3960 zone defines the downside.
Support: 4,000.00, 3,960.00
Resistance: 4,096.03
What it said to watch
H1 close above 4037 opens the path back toward 4096 week high
Failure to hold 4000 psych pivot reopens 3960 then 3942
ADP (Wed 12:15 UTC), Warsh and ISM could materially shift this read
Gold cracked below the $4,000 pivot to a 3942 week low as US-Iran de-escalation in Doha sapped the haven bid, then rounded back to 4034 and now sits at 4024, just under EMA(50). Price has chopped within a 3942–4096 range all week with the $4,000 line the recurring battleground; RSI(14) has cycled back to neutral near 52 after the bounce. Rallies remain shallow with the dollar firm into the US labour cluster.
Support: 4,000.00, 3,960.00
Resistance: 4,055.05, 4,096.03
What it said to watch
Hourly close back below 4000 psych pivot reopens the 3960 support shelf, then 3942 week low
Sustained move above 4037 session high targets 4055 and the 4096 week high
ADP, Warsh and ISM Manufacturing on Wed could materially shift this read
Lower highs into 3942 low, bounce back above 4000.
Gold has bled lower all week, sliding from the 4096 high to a 3942 low before short-covering lifted it back above the 4000 psych pivot to 4016. The recovery off 3942 swept the prior shelf and reclaimed 4000, but price sits below EMA(50) with the 4034 recent high capping the bounce — US-Iran de-escalation and a firm dollar kept the metal defensive. RSI(14) has cycled back to neutral near 52 after basing at the lows.
Support: 4,000.00, 3,960.00
Resistance: 4,088.39
What it said to watch
H1 close back below 4000 reopens 3960 then 3942 week low
Reclaim of 4034 puts the 4088 week high back in play
ADP, Warsh and ISM Manufacturing (Wed) could materially shift this read ahead of NFP
Gold has trended lower all week from the 4088–4096 zone, breaking the 4000 round number into a 3942 week low as US-Iran de-escalation drained haven bid and a hawkish-Fed read kept rallies capped. The last NY session staged a sharp snapback off 3942 back above 4000 to 4033, reclaiming EMA(20) while still sitting below EMA(50). Structure remains a sequence of lower highs despite the bounce.
Support: 4,000.00, 3,942.00
Resistance: 4,055.00, 4,088.00
What it said to watch
H1 close above 4055 breaks the lower-high sequence
Failure to hold 4000 round number reopens the 3942 week low
ADP 12:15 GMT, Warsh 13:00 GMT and ISM 14:00 GMT Wed could shift this read
Gold has bled lower all week, slipping from the 4083 Monday open as US-Iran de-escalation and a firmer dollar drained the haven bid. The breakdown through 4015 accelerated into a sweep of 3942 before a shallow bounce stalled near 3982; price sits below both EMA(20) and EMA(50) with RSI(14) tracking the low-30s/40s. The 3960 support cluster is the immediate pivot, with 3900 flagged as the deeper structural floor.
Support: 3,960.00, 3,900.00
Resistance: 4,015.00
What it said to watch
H1 close back above 4015 neutralises the breakdown read
Failure to hold 3960 then 3942 opens the path toward 3900
ADP (Wed 12:15) and Warsh speech could materially shift this read
05:03 UTC
Downtrend, momentum heavy · RSI 39 · price 3,986.36
Lower highs and lower lows since Friday's peak.
Gold has bled lower all week, rolling off the 4088 week high into a fresh swing low at 3942.64 as the US-Iran de-escalation drained the haven bid and a firm dollar capped rallies. Price sits below both EMAs with RSI(14) near 39; the NY session yesterday drove the break under 4000 and the prior 4015 range floor now acts as overhead supply. The latest bounce off 3942 stalled into the 3998 area without reclaiming structure.
Support: 3,942.64, 3,900.00
Resistance: 4,015.00, 4,088.00
What it said to watch
H1 close back above 4015 would invalidate the lower-high sequence
Failure to hold 3942 swing low opens the path toward the 3900 psych pivot
ADP (Wed 12:15 UTC) and Fed's Warsh could materially shift this read; NFP Thursday is the week's main catalyst
Gold has rolled over since the ~4083 weekly open, breaking below the 4010–4035 consolidation and the 4000 psych level into a fresh week low at 3942 as the US-Iran de-escalation drained the haven bid. Price sits well below EMA20 and EMA50 with RSI(14) in the mid-30s, and the bounce off 3942 has so far only retraced to 3972. The 3960 line in sand is the immediate pivot.
Support: 3,960.00
Resistance: 4,000.00, 4,035.00
What it said to watch
Reclaim of 4000 psych negates the breakdown read
Loss of 3960 line in sand and 3942 swing low opens 3900
ADP/ISM Wed and NFP Thursday could materially shift this read
03:02 UTC
Downtrend, fresh leg lower · RSI 32 · price 3,966.52
Lower highs, lower lows; breakdown below 4000.
Gold has rolled over through this week, and the loss of the 4000 psych level in the latest Asia-session bars accelerated the slide to a 4-day low near 3942 — the US-Iran de-escalation drained the haven bid per the macro read. Price trades well below EMA20 and EMA50 with RSI in oversold territory, confirming sellers in control. The 4000 handle has now flipped to overhead resistance after capping the mid-week consolidation.
Support: 3,942.00, 3,900.00
Resistance: 4,000.00
What it said to watch
Loss of 3942 weekly low reopens the path toward 3900 long-term sup
Reclaim of 4000 psych needed to neutralise the breakdown
Wed ADP + Warsh speech could materially shift this read
02:02 UTC
Downtrend, fresh leg lower · RSI 34 · price 3,967.73
Lower highs, broke below 4000 psych.
Gold rolled over through the NY-Asia transition, slicing the 4000 psych level and printing a fresh leg to 3942 as the US-Iran de-escalation drained the haven bid. Price trades below both EMA20 and EMA50 with RSI(14) pressed into oversold, confirming downside control after the lower highs stacked through the week. The 4022 prior low now sits as the first cap on any bounce.
Support: 3,900.00
Resistance: 4,000.00, 4,022.00
What it said to watch
Reclaim and H1 close above 4000 psych would neutralise the breakdown
Loss of 3942 swing low opens the path toward 3900 support
ADP, Warsh speech and ISM Mfg Wed could materially shift this read
Gold has carved a sequence of lower highs since Monday's open, capped near 4083 and again at 4075, before sliding through the 4000 psych level into the Asia session. The drop drained the prior haven premium after US-Iran de-escalation, with RSI(14) rolling toward 37 and price trading below both EMAs. Friday's recovery to the 4090 week high has been fully unwound, leaving the week low at 3964 as the next reference.
Support: 3,964.00, 3,900.00
Resistance: 4,000.00, 4,090.00
What it said to watch
Hourly close back above 4000 psych would ease the breakdown read
Loss of 3964 week low opens the path toward 3900 psych
ADP and Warsh speech Wed could materially shift this read
00:02 UTC
Downtrend, lower highs · RSI 38 · price 4,014.69
Lower highs and lower lows since Monday gap.
Gold has bled lower since Monday's gap open near 4087, carving a clean sequence of lower highs into 4014 with price pinned below EMA20 and EMA50 and RSI(14) holding sub-40. The slide tracked the US-Iran de-escalation draining the haven bid alongside firmer real yields. The 4047 lower high has capped the latest bounce attempt.
Support: 4,000.00, 3,960.00
Resistance: 4,047.00
What it said to watch
H1 close above 4047 breaks the lower-high sequence
Failure to hold 4000 opens the path to 3960 week low
ADP/ISM and Warsh speech Wed could materially shift this read