XAU/USD AI Live Scan, 1-hour chart, Friday, 30 October 2026
Every read JAFX AI made on the XAU/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:49 UTC
Downtrend, deeply oversold after liquidation leg · RSI 20 · price 3,875.80
Lower highs from post-FOMC 4082.67 high; week range broken lower.
Gold has printed lower highs since Wednesday's post-FOMC spike to 4082.67. Friday's sell-off began in the London session and took out the 3990–4070 range that held all week. The heavier leg came in the first hours of the NY session, cutting through the 3900 handle to a week low at 3870.26 as USD and yields recovered off intraday lows, with the digest pointing to positioning liquidation tied to the tech sell-off rather than any haven bid. Price closed the week roughly 60 below EMA(20) near 3937 with RSI(14) near 20, stretched to the downside but with no higher low yet in place.
Support: 3,870.26, 3,850.00
Resistance: 3,900.00, 3,937.00, 3,965.25
What it said to watch
H1 close back above broken 3900 would be the first reclaim since the NY session break
Failure to hold the 3870 week low extends the downtrend toward the 3850 round number
EMA(20) near 3937 and the 38.2% of the post-FOMC drop near 3951 sit above price. Beyond those, the london low at 3965 and the lower-highs line near 3970 frame any rebound
US ISM Manufacturing Mon 15:00 UTC (f/c 54.7, Prices Paid 77.5) could materially shift this read after the weekend
20:03 UTC
Downtrend, accelerating into Friday's close · RSI 22 · price 3,881.97
Lower highs from the 4082.67 FOMC spike; range break below 3989.
Gold spent Tuesday to Thursday rotating inside a 3989–4082 band. The Wednesday NY FOMC spike to 4082.67 marked the week high, and lower highs followed after Thursday's GDP beat and sticky PCE. Friday's London session slipped to the 3965 London low, and the first hours of NY broke the range, cutting through 4000, 3965 and the 3891.59 1y low to a 3870.26 week low. The digest reads this as liquidation tied to the tech sell-off rather than rate repricing. Price sits well below EMA(20) and EMA(50) with RSI(14) near 22, deeply oversold after a roughly $210 leg from the week high.
Support: 3,870.26, 3,850.00
Resistance: 3,891.59, 3,965.25
What it said to watch
H1 closes back above the 3891.59 1y low would mark a first reclaim of broken structure
A bounce stalling at the 3965 london low, near the 38.2% retracement, keeps the lower-high sequence intact
The lower-high trendline near 3985 and the 61.8% fib around 4000 cap any deeper retracement
Failure to hold the 3870 week low exposes the 3850 round number
A weekend gap below 3870 at the Monday open would extend the liquidation read
ISM Manufacturing and Prices Paid, Mon Nov 2 15:00 UTC, could materially shift this read
Lower highs since Wednesday's post-FOMC 4082.67 week high; Friday NY session broke the 3990–4080 weekly range and the 3891 low.
Gold has printed a sequence of lower highs since the 4082.67 week high in Wednesday's post-FOMC NY session. Thursday's GDP beat and sticky core PCE accelerated the slide. Friday's London low at 3965.25 gave way during NY hours, and the drop then cut through 4000 and the 3891.59 low. The digest frames this as liquidation tied to the tech/AI equity rout rather than a rates move.
Price is pressing a fresh week low at 3876.34, with RSI(14) near 18 and well below EMA(20) around 3940. The only counter-move since NY open was a brief bounce to 3923.78 that rolled over below the broken low.
Support: 3,876.34, 3,850.00
Resistance: 3,891.59, 3,923.78, 3,965.25
What it said to watch
H1 acceptance back above the 3891.59 broken low would mark the first stall in the NY-session breakdown.
A reclaim of the 3923.78 NY bounce high and then the 3965.25 London low would put the 38.2% retracement of the 4082–3876 drop (~3955) in play. The digest flags 3950–4000 as the snapback zone.
Failure to hold the 3876.34 week low exposes the 3850 round number. An oversold RSI(14) near 18 does not by itself mark a turn while lower highs persist.
Weekend gap risk after a one-year-low close, then ISM Manufacturing and Prices Paid Mon 15:00 UTC, could materially shift this read.
A break of the lower-highs trendline from 4082.67 would be needed to challenge the downtrend structure.
Lower highs since Wednesday's FOMC spike high; Friday broke the 4000 base and extended below 3900.
Wednesday's FOMC spike set the week high at 4082.67. Thursday's firm GDP and sticky PCE then started a run of lower highs along the descending trendline, and Friday's London session broke the 4000 round number. The bounce off the 3965 Friday low stalled just under 3999. In the first hours of NY, liquidation tied to the tech sell-off drove price through the 3900 psych level to a fresh week low at 3879.54, with RSI(14) near 19 and price stretched well below EMA(20) and EMA(50).
Support: 3,879.54, 3,850.00
Resistance: 3,900.00, 3,965.25, 4,000.00
What it said to watch
An H1 close back above the 3900 psych level would mark the breakdown as stalling into the weekly close
3957–3965 (38.2% fib of the Wed–Fri decline and the Friday low) is the first resistance on any short-covering bounce
Acceptance below the 3879.54 week low leaves the 3850 round number as the next reference
Weekend gap risk from Middle East and oil headlines, then Monday's ISM Prices Paid, could materially shift this read
No bullish RSI divergence yet; a higher RSI low on a new price low would signal waning momentum
Only a recovery above the 4000 round number and the lower-highs trendline would negate the Friday breakdown
Lower highs since Wednesday's 4082.67 FOMC spike; Friday broke the 3989–4082 weekly range floor.
Gold spent Monday to Thursday ranging between 3989 and 4082, with each high after Wednesday's 4082.67 FOMC spike printing lower as solid GDP and sticky PCE data revived Fed-hike pricing. Friday's slide lost psych 4000 in the Asia session and the london low at 3965.25 held only briefly. NY hours then brought a near 75-point liquidation leg to a 3891.59 week low, which the digest ties to a tech sell-off forcing deleveraging rather than haven demand. Price now sits below the 3900 round number with RSI(14) near 23 and well below both EMAs, while the 3923.78 bounce high has already capped one recovery.
Support: 3,891.59
Resistance: 3,900.00, 3,923.78, 3,965.25
What it said to watch
H1 close back above the 3900 round number and the 3923.78 bounce high would mark the first sign the liquidation leg is stalling
A break below the 3891.59 week low extends the lower-low sequence
The 23.6% fib of the 4082–3891 drop at ~3937 and the 3965 london low are the first retracement caps on any short-covering bounce
Lower-highs trendline from Wednesday's high sits near 4000 psych, so the descending structure stays intact below it
Weekend gap risk from Middle East and oil headlines, then Monday's ISM Manufacturing PMI and Prices Paid at 15:00 GMT, could materially shift this read
16:04 UTC
Downtrend, accelerating into oversold · RSI 21 · price 3,897.76
Lower highs since Wednesday's post-FOMC high; Friday range break below 3989 and the 4000 handle.
Wednesday's post-FOMC spike to 4082.67 marked the week high, and every rally since has stalled at a lower high along a descending trendline. Friday broke the 3989 Mon–Tue lows and the 4000 round number, and selling accelerated in the first hours of NY to a 3891.59 week low. The digest frames this as liquidation tied to the tech/AI sell-off rather than a fresh rates repricing. RSI(14) near 21 is deeply oversold, price sits well below EMA(20) and EMA(50), and the 3923.78 bounce high is the first cap overhead.
Support: 3,891.59
Resistance: 3,923.78, 3,965.00, 4,000.00
What it said to watch
Fed's Daly (16:00 GMT) and Musalem (16:30 GMT) on December hike timing could materially shift this read
Hourly close below the 3891.59 week low extends the lower-low sequence
Recovery through the 3923.78 bounce high toward 3965 prior supp (near the 38.2% post-FOMC fib) would mark a corrective bounce
Reclaim of the 4000 round number and the lower highs trendline would invalidate the downtrend read
ISM Manufacturing Mon and US midterms Tue are the next event risks
15:03 UTC
Downtrend, impulsive leg into week low · RSI 24 · price 3,921.56
Lower highs since Wednesday's 4082.67 high; weekly range floor broken.
Gold spent Monday to Wednesday ranging 3989–4082. The post-FOMC spike to the 4082.67 week high faded straight away, and each rally since has printed a lower high under the descending trendline. Thursday's GDP beat and in-line core PCE cemented December hike pricing, and Friday's selling took out the 3965 prior low and the 4000 psych handle. The heaviest leg came in the first hours of the NY session, flushing to a 3891.59 week low. RSI(14) near 24 is oversold after a near-200-dollar slide, with price stretched well below both EMAs and hourly ATR expanded to roughly 18.5 dollars.
Support: 3,900.00, 3,891.59
Resistance: 3,954.00, 3,965.00, 4,000.00
What it said to watch
Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) could materially shift this read either way
Failure to hold the 3900 round number and the 3891.59 week low extends the lower-low sequence
Recovery above the 3954 breakdown bar opens a test of the 3965 prior low, which sits on the 38.2% fib of the FOMC-to-low drop
H1 close back above 4000 psych would breach the lower-highs trendline and neutralise the breakdown read
14:04 UTC
Downtrend, accelerating · RSI 22 · price 3,916.72
Lower highs since Wednesday, 3941 YTD low broken.
Gold has printed lower highs since Wednesday's Fed-spike high at 4082.67. Thursday's GDP beat and sticky core PCE kept December hike bets alive, and the 4000 psych handle gave way in Friday's Asia session. Selling ran from the London open into the first NY hours, and the 13:00 GMT bar sliced through the 3965 swing low and the 3941 YTD low to a 3915.61 day low; RSI(14) near 22 is oversold, price sits well below both EMAs, and the 50% fib of the week's drop lines up with 4000.
Support: 3,915.61, 3,900.00
Resistance: 3,941.00, 3,965.25, 4,000.00
What it said to watch
H1 close back above the 3941 ytd low would mark the break as a false break
Failure to hold the 3915.61 day low leaves the 3900 round number exposed
Recovery toward the 3965 swing low and the lower-highs trendline near the 4000 psych level and 50% fib is the test of the downtrend
Chicago PMI at 13:45 GMT, then Daly 16:00 and Musalem 16:30 GMT, could materially shift this read
Lower highs and lower lows since post-FOMC high; Mon-Tue range floor broken.
Gold has printed lower highs and lower lows since Wednesday's post-FOMC spike to 4082.67. Thursday's GDP beat and sticky core PCE kept supply heavy through NY, and Friday's Asia-to-London selling broke the 3988–3989 Mon-Tue lows, then took out the 3965 London low to set a session low near 3951. This morning's bounce stalled at 3999, just under the round number and the 38.2% fib of the post-FOMC drop. The in-line ECI did not slow the slide, and price sits well below EMA(20) with RSI(14) oversold near 27, about $10 above the 3941 YTD low.
Support: 3,951.15, 3,941.00
Resistance: 3,965.00, 3,989.00, 4,000.00
What it said to watch
Hourly close below the 3941 YTD low extends the downtrend into fresh lows for the year
Recovery back above the 3965 broken low would flag the 3951 session low as a possible false break
A reclaim of the 3989 Mon-Tue lows and the 4000 round number would break the lower-highs sequence
Chicago PMI at 13:45 GMT and Daly/Musalem from 16:00 GMT could materially shift this read
Lower highs and lower lows from the post-FOMC peak; fresh session low below 3965.
Gold has printed a run of lower highs since Wednesday's post-FOMC spike to 4082.67. Thursday's GDP beat and sticky core PCE pushed price back below the 4000 handle, and Friday's London session extended to a fresh session low at 3961.99. Today's only bounce stalled at 3999.33, a rejection at EMA(20) and the 4000 handle, and price now sits below both moving averages with RSI(14) near 28 in oversold territory.
Support: 3,961.99, 3,950.00
Resistance: 4,000.00, 4,032.60
What it said to watch
US ECI at 12:30 GMT, due within the current hour, then Fed's Daly and Musalem, could materially shift this read
Acceptance below the 3961.99 session low exposes the 3950 round number
An H1 close back above EMA(20) and the 4000 handle would interrupt the lower-high sequence
A recovery through the 4032.60 lower high, between the 50% and 61.8% fib of the post-FOMC drop, invalidates the downtrend read
11:04 UTC
Downtrend since Wednesday's post-FOMC high · RSI 36 · price 3,979.96
Lower highs and lower lows; 3989 Mon/Tue floor broken.
Gold has printed lower highs along a descending trendline since the post-FOMC spike to the 4082.67 week high on Wednesday. Yesterday's in-line PCE and Q3 GDP beat kept supply in control, and Friday's early European hours broke the Monday and Tuesday lows near 3989 to set a week low at 3965.25. The rebound met rejection at 3999.33, just under the 4000 round number and EMA(20). Price has since slipped back toward the 3974.18 london low, with RSI(14) holding in the mid-30s.
Support: 3,974.18, 3,965.25, 3,950.00
Resistance: 4,000.00, 4,011.51, 4,023.96
What it said to watch
US Q3 ECI at 12:30 GMT today, followed by Fed's Daly and Musalem, could materially shift this read
An H1 close above the 4011.51 lower high and the descending trendline breaks the lower-high sequence
A rebound stalling near the fib 50% retracement of the FOMC-high decline at 4023.96 keeps the downtrend structure intact
Failure to hold the 3974.18 london low and the 3965.25 week low exposes the 3950 psych zone
Lower highs and lower lows since the post-FOMC spike; 4000 being retested from below.
Gold has printed a clean sequence of lower highs since Wednesday's post-FOMC spike to 4082.67. Thursday's Q3 GDP beat and sticky core PCE extended the slide, and early London Friday broke the thu low at 4007 and psych 4000 to a week low of 3965.25. The rebound stalled just under 4000 near the 23.6% fib, with price below a flat-to-falling EMA(20) near 4002, RSI(14) in the mid-30s, and the mon-tue lows around 3988 now the nearest floor.
Support: 3,988.00, 3,965.25
Resistance: 4,000.00, 4,007.00, 4,024.00
What it said to watch
US ECI at 12:30 GMT, Chicago PMI and Daly/Musalem remarks later could materially shift this read
H1 close back above psych 4000 and the thu low at 4007 would challenge the lower-high trendline
Rejection near 4000 keeps the lower-high sequence intact; a break of the mon-tue lows near 3988 reopens the week low at 3965.25
Recovery through the 50% fib at 4024 would mark the first higher high since Wednesday
Lower highs from 4082.67; false break below Monday–Tuesday lows.
Wednesday's post-FOMC spike to 4082.67 marked the week high. Since then gold has printed a steady sequence of lower highs, and the Q3 GDP beat and sticky core PCE dragged it toward 4005 through Thursday's NY session. Friday's Asia slide and London-open flush to the 3965.25 week low briefly broke the Monday–Tuesday lows near 3989, then snapped back to just under the 4000 psych level. EMA(20) sits overhead near 4005 and RSI(14) has recovered only to the low 40s.
Support: 3,989.00, 3,965.25
Resistance: 4,000.00, 4,005.00, 4,024.00
What it said to watch
US ECI at 12:30 GMT (f/c 0.8%) and Chicago PMI at 13:45 GMT could materially shift this read
H1 close above 4000 psych and EMA(20) near 4005 tests the false-break rebound
H1 close above the lower-highs trendline and fib 50% near 4024 breaks the post-FOMC sequence
Failure to hold the Monday–Tuesday lows near 3989 reopens the 3965.25 week low
Fed's Daly (16:00 GMT) and Musalem (16:30 GMT) on December hike odds
Lower highs and lower lows since 4082.67; week range broken to the downside.
Wednesday's post-FOMC spike to 4082.67 marked the week high. Gold has printed lower highs and lower lows since: Thursday's GDP beat and in-line PCE drove a NY-session slide toward 4006, and Asia then broke 4000. Early Europe pushed through the Mon-Tue prior lows near 3989 to a fresh week low at 3965.25, fully retracing Tuesday's NY rally, with price now sitting at the ~3975 month low, below EMA(20) near 4003 and RSI(14) oversold around 28. The lower-highs trendline from the week high now runs near 4008, just above EMA(20) and the 4000 handle. The 50% fib of the week high-to-low drop sits near 4024, alongside the Thu NY close.
Support: 3,965.25, 3,950.00
Resistance: 3,989.00, 4,003.20, 4,021.35
What it said to watch
Failure to hold the 3965.25 week low opens the 3950 psych zone cited as next support
Hourly close back above the prior lows near 3989 would turn this morning's break into a false break
A reclaim of EMA(20) and the lower-highs trendline (4003–4008) is needed to interrupt the downtrend; the Thu NY close at 4021 and the 50% fib near 4024 sit above
US ECI 12:30 GMT, Chicago PMI 13:45 GMT and Fed's Daly/Musalem later today could materially shift this read, with month-end flows adding noise
07:04 UTC
Downtrend, extending to new week lows · RSI 31 · price 3,983.53
Lower highs and lower lows since Wednesday's 4082.67 high.
Gold has printed lower highs and lower lows since Wednesday's post-FOMC spike to 4082.67. Thursday's GDP beat and in-line PCE extended the slide, and the Asia session took price through the 4000 psych level. The late-Asia push to the 4011.51 lower high was rejected back under 4000, leaving price below EMA(20) and EMA(50) near the 3980.18 today low with RSI(14) around 31, while the fib 50% of the week's decline sits at 4031.
Support: 3,980.18, 3,975.00, 3,950.00
Resistance: 4,000.00, 4,011.51, 4,031.43
What it said to watch
An H1 close below the 3975 monthly low extends the lower-low sequence toward the 3950 round number
An H1 close back above the 4011.51 lower high breaks the descending trendline and the lower-highs read
Repeated H1 closes above the 4000 psych level would signal the break below it has failed
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC fall in the NY session and could materially shift this read
Fed's Daly at 16:00 UTC and Musalem at 16:30 UTC are further NY-hours risk around December hike pricing
Lower highs from 4082.67 pressing a 3987–3989 floor.
Gold has printed lower highs since the post-Fed drop began from 4082.67 late Wednesday. Thursday's GDP beat and elevated core PCE erased the midweek bounce, and the Asia session today pushed price below the 4000 psych to a 3987.47 swing low. That low sits on the 3988–3989 floor already tested Monday and Tuesday, while the latest bounce stalled at the EMA(20) near 4010 and RSI(14) holds in the low 30s.
Support: 3,987.50, 3,975.00
Resistance: 4,000.00, 4,010.00, 4,046.30
What it said to watch
H1 close back above the 4000 psych and EMA(20) near 4010 would ease the lower-highs sequence; a break of the trendline sits just above at ~4015
Failure to hold the 3987 swing low exposes the 3975 weekly low flagged earlier in the week
A recovery into the 61.8% fib at 4046 would test whether the post-Fed drop structure still caps
Q3 ECI at 12:30 GMT and Daly/Musalem remarks from 16:00 GMT could materially shift this read
Lower highs and lower lows off 4082.67, now testing the Monday-Tuesday range floor.
Wednesday's FOMC spike to 4082.67 failed to hold above the 4070 cap, and gold has printed a steady run of lower highs since. Thursday's GDP beat and elevated PCE drove the slide through the NY session to a 4005.4 Thursday low, while haven demand stayed absent. Friday's Asia session broke the 4000 psych handle and tagged 3987.5, back at the range floor that held on Monday and Tuesday. Price sits below EMA(20) near 4013, which lines up with the lower-high line, and RSI(14) is near 34.
Support: 3,987.00, 3,975.00
Resistance: 4,000.00, 4,005.40, 4,013.00
What it said to watch
H1 close back above 4013 (ema20 and lower-high line) would break the post-FOMC sequence of lower highs
Failure to hold the 3987 range floor exposes the ~3975 weekly low
Reclaiming 4000 psych and the 4005.4 Thursday low would turn the Asia break into a false break
Q3 ECI at 12:30 GMT, followed by Daly and Musalem, could materially shift this read
Lower highs and lower lows from 4082.67; 4000 psych now overhead.
Gold has given back the week's rebound. Monday's 3978.16 week low fed a rally into Tuesday's NY session, but the post-FOMC false break to 4082.67 failed back below 4070, and every bounce since has printed a lower high, the latest at 4032.60. Thursday's GDP beat and in-line PCE drove the slide to the 4005.38 Thursday low, and Asia session selling has now cut through the 4000 psych level to a 3990.43 Asia low, with price below EMA(20) and EMA(50), RSI(14) near 33, and the 3985.51 weekly open next beneath.
Support: 3,990.43, 3,985.51, 3,978.16
Resistance: 4,000.00, 4,005.38, 4,032.60
What it said to watch
An H1 close back above the 4005.38 Thursday low and 4000 psych would turn the Asia break into a false break
Failure to hold the 3985.51 weekly open and 3978.16 week low exposes the 3975–3950 zone
The lower-highs trendline (near 4016 now) and the 4032.60 lower high, close to the 38.2% of the post-FOMC decline, define the structure until reclaimed
US ECI at 12:30 UTC and Chicago PMI at 13:45 UTC, then Daly and Musalem from 16:00 UTC, could materially shift this read
03:04 UTC
Downtrend since Wednesday's FOMC high · RSI 36 · price 3,998.02
Lower highs and lower lows from 4082.67, back at weekly open.
Gold has unwound Tuesday's NY-session rally after the post-FOMC spike to 4082.67 met rejection. Since then H1 has printed a sequence of lower highs along a descending trendline. Thursday's GDP beat and in-line PCE reinforced December hike pricing and kept NY bounces capped under 4037. The Asia session has now pushed price below the $4,000 psych level, to the asia low at 3996 near the weekly open, with EMA(20) at ~4015 overhead and RSI(14) at 36, soft but not oversold.
Support: 3,996.43, 3,989.15, 3,978.16
Resistance: 4,015.00, 4,032.60
What it said to watch
Hourly closes below the 3996 asia low would extend the lower-low sequence toward the tue low at 3989 and the week low at 3978
Recovery above $4,000 psych and an H1 close above EMA(20) at ~4015 (lower-highs trendline) would challenge the downtrend read
A move through the 4032.6 lower high, near the 38.2% retrace of the post-FOMC decline, invalidates the lower-high sequence
ECI at 12:30 GMT (f/c 0.8%), Chicago PMI at 13:45 GMT and Fed's Daly/Musalem late NY could materially shift this read
The week's rally from the week low at 3978.16 ran mostly in Tuesday's NY session. It peaked on Wednesday's post-FOMC spike to 4082.67, which met rejection and has since unwound into a sequence of lower highs as the GDP beat firmed December hike bets. Thursday's NY rebound stalled at the 4032.60 lower high, just above the 38.2% fib of the decline, and price sits below the ema20 (~4020) and EMA(50) with RSI(14) near 40. Friday's Asia session probed below $4,000 to the asia low at 3996.43 and drifted back above the week open at 4000.24.
Support: 4,000.24, 3,996.43, 3,978.16
Resistance: 4,020.00, 4,032.60, 4,049.73
What it said to watch
An H1 close back above the lower highs trendline and the ema20 near 4020 would ease the downtrend read
Failure to hold the week open at 4000.24 and the asia low at 3996.43 exposes the week low at 3978.16
A recovery through the 4032.60 lower high would bring the 61.8% fib near 4050 into view
US ECI at 12:30 GMT, Chicago PMI at 13:45 GMT and Fed's Daly and Musalem later in the NY session could materially shift this read
The rally off Monday's 3978 Asian-session week low peaked at the 4082.67 week high in Wednesday's post-FOMC spike. That spike was rejected, and every bounce since has printed a lower high along a descending trendline. Thursday's in-line PCE and the GDP beat extended the slide through NY hours to 4005. Price now sits below the EMA(20) near 4020 and the EMA(50), with RSI(14) near 34, pressing the 4,000 psych handle, which also marks the week open and the 78.6% level of the rally fib.
Support: 3,989.00, 3,978.16
Resistance: 4,032.60, 4,082.67
What it said to watch
H1 close below the 4,000 psych handle gives up the week open and the 78.6% rally fib, exposing the 3989 twin lows from Monday and Tuesday, then the 3978 week low
Recovery above the ema20 and descending trendline near 4020, then the 4032.6 Thu NY high, would break the lower-high sequence
ECI at 12:30 GMT and Chicago PMI at 13:45 GMT, followed by Fed's Daly and Musalem later Friday, could materially shift this read
A move back toward the 4082.67 week high would negate the post-FOMC rejection
Lower highs and lower lows off the 4082.67 week high.
Gold opened the week near 4000.5 and swept to a 3978.16 week low on Monday. Tuesday's NY session rebound and Wednesday's FOMC spike printed a 4082.67 week high, but the move reversed within hours. That false break has since produced a sequence of lower highs (4068.79, 4039.31, 4032.6). Thursday's in-line PCE and GDP beat extended the slide during NY hours to a 4005.38 thu low, and Asia session trade is now back at that level. Price sits below both the ema20 and EMA(50), RSI(14) is near 38, and the 4000 psych level the digest flags is directly beneath.
Support: 4,005.38, 4,000.00, 3,978.16
Resistance: 4,020.00, 4,032.60, 4,082.67
What it said to watch
H1 close below the 4000 psych level and the thu low confirms a fresh lower-low and exposes the 3978.16 week low
Recovery above the ema20 near 4020 and then the 4032.6 lower high would break the post-FOMC lower-high sequence
ECI (12:30 GMT, f/c 0.8%) and Chicago PMI (13:45 GMT) could materially shift this read; a soft print may trigger a sharp rebound toward the lower-highs trendline
Fed's Daly (16:00 GMT) and Musalem (16:30 GMT) on December hike odds
Retest of the 4082.67 week high would require reclaiming the full FOMC reversal