XAU/USD AI Live Scan, 1-hour chart, Friday, 31 July 2026
Every read JAFX AI made on the XAU/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
20:03 UTC
Range-bound, pullback from week high · RSI 44 · price 4,051.55
Ranging under EMAs after rejection.
Gold spiked into 4120 on Thursday's soft US GDP print and suspected JPY intervention, but that move was fully rejected and price slid back toward 4040 Friday as the USD rebounded above 100.00. Price now consolidates near 4051, holding below EMA20/EMA50 with RSI mid-40s; the week's 4000-4120 band remains intact and 4040 is being defended into the close.
Support: 4,040.00, 4,022.00, 4,000.00
Resistance: 4,087.00, 4,120.00
What it said to watch
Sustained H1 close above 4087 lower high would reopen 4120 week high
Loss of 4040 exposes the 4022 swing low and 4000 range floor
ISM Manufacturing PMI Mon 14:00 UTC could shift this read
20:02 UTC
Range-bound, pulling back from week high · RSI 45 · price 4,051.55
Mid-range after rejection at 4120.
Gold spent the week whipsawing inside the 4000–4120 band, with Thursday's NY-session rally to 4120 — driven by soft US GDP and suspected JPY intervention crushing the dollar — rejected twice near the highs. Friday's session gave it all back toward 4050 as the USD rebounded on Iran risk and firmer yields, leaving price capped below EMA(20) around 4062 and RSI(14) in the mid-40s. The week's midpoint is holding for now with demand stepping in near the 4040 swing low.
Support: 4,040.00, 4,022.00, 4,000.00
Resistance: 4,062.00, 4,087.00, 4,120.00
What it said to watch
H1 close above 4087 reopens the 4110–4120 week high
Loss of 4040 exposes the 4022 friday low and 4000 range floor
ISM Manufacturing PMI Mon 14:00 UTC could break the range read
19:04 UTC
Pullback within week-long range · RSI 45 · price 4,052.06
Lower highs off 4120, holding above 4022.
Gold twice stalled near 4116-4120 into Thursday's NY session before fading through Friday in a run of lower highs, bottoming at 4022 and bouncing to 4052. The reversal tracks the USD rebound off a six-week low on renewed Iran risk and lingering Fed hike bets, which capped the earlier push toward 4110. Price now sits below EMA20 (~4065) with RSI in the mid-40s, working the middle of this week's 4022-4120 range.
Support: 4,022.00, 4,000.00
Resistance: 4,065.00, 4,083.00, 4,120.00
What it said to watch
H1 close below 4022 confirms a lower low toward the 4000 range floor
Reclaim of 4065 EMA20 and 4083 needed to challenge the 4120 double top
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
19:04 UTC
Range, momentum rolling over · RSI 46 · price 4,052.06
Pullback off week high, lower highs.
Gold rolled over from the $4,118 week high into Friday, slipping back under EMA(20) as the USD rebounded above 100.00 on Iran risk and lingering Fed hike bets. Two pushes toward $4,116–4,120 this week were rejected, and price now sits at 4052 holding above the 4040 swing low after a probe to 4022. The $4,000 range floor stays intact and the week's grind between there and $4,120 continues.
Support: 4,040.00, 4,022.00, 4,000.00
Resistance: 4,067.00
What it said to watch
H1 close below 4040 then 4022 confirms a lower low toward the 4000 range floor
Reclaim of the 4067 lower high needed to ease downside pressure
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
Gold rolled over from Thursday's ~4,120 spike — driven by a suspected Yen intervention that briefly crushed USD — and has printed successive lower highs since, sliding to 4022 before Friday's bounce back to 4054. Price trades below EMA20 and EMA50 with RSI in the mid-40s. The month-old 4,000 range floor stays intact while 4083 has capped recovery attempts.
Support: 4,022.00, 4,000.00
Resistance: 4,083.00
What it said to watch
H1 close above 4083 breaks the lower-high sequence
Failure to hold 4022 exposes the 4000 range floor
ISM Manufacturing PMI Mon could materially shift this read
18:02 UTC
Downtrend off Thursday's spike high · RSI 45 · price 4,054.13
Lower highs since 4120, capped below EMAs.
Gold spiked to 4120 into Thursday's NY session on a suspected Yen-intervention USD slide and soft US GDP, then rolled over Friday as the Dollar rebounded, printing lower highs back to the 4054 area. Price is trading below both EMA20 and EMA50 with RSI(14) mid-40s, and the 4022 swing low was defended overnight before this bounce. The month-old 4000-4200 range still frames the picture, with 4076 the nearest lower high capping.
Support: 4,022.00, 4,000.00
Resistance: 4,076.00, 4,120.00
What it said to watch
H1 close back above 4076 lower high would neutralise the lower-high sequence
Loss of 4022 swing low opens the 4000 range floor
ISM Manufacturing PMI Mon 14:00 UTC (Prices Paid focus) could shift this read
Gold spiked to 4120 Thursday on the softer US GDP print and suspected Yen-intervention USD slide, then rolled over through Friday's NY session in a run of lower highs, printing a swing low at 4022 before bouncing to settle near 4043. Price sits below both EMA20 and EMA50 with RSI(14) cycling in the mid-40s. The 4000-4120 range that has framed the month is still intact, with the recent leg leaning on the lower half.
Support: 4,022.02, 4,000.00
Resistance: 4,082.00, 4,120.22
What it said to watch
H1 close back above 4082 lower high would neutralise the descending sequence
Break of 4022 swing low exposes the 4000 range floor
ISM Manufacturing PMI Mon 14:00 UTC could reset this read via USD
Lower highs off Thursday spike, holding above 4022.
Gold spiked to ~4120 Thursday as a suspected Yen intervention crushed the USD, then reversed hard through Friday's NY hours back toward 4040 as the Dollar rebounded. Price is retracing that impulse — sitting near the 61.8% fib around 4043, below EMA20/50 — with a series of lower highs capping since the peak. Buyers defended 4022 on the last dip, keeping the broader $4,000-$4,200 range intact.
Support: 4,022.00, 4,000.00
Resistance: 4,060.00, 4,120.00
What it said to watch
H1 close back above 4060 challenges the lower-highs sequence
Failure to hold 4022 opens the 4000 range floor
ISM Manufacturing PMI Mon 14:00 UTC (Prices Paid) could materially shift this read
16:03 UTC
Short-term pullback within range · RSI 44 · price 4,044.21
Lower highs off 4120 spike, testing range mid.
Gold rallied to a week high near 4120 during Thursday's NY session on the USD slide, then rolled over into a series of lower highs and slid back toward the range mid, probing 4022 before a modest bounce to 4044. Price sits below EMA20 (~4070) with RSI(14) in the mid-40s, reflecting the corrective tone flagged by the softer Dollar reversing on renewed US-Iran tension. The $4,000-$4,200 range remains intact, with 4022 the near-term pivot on this leg.
Support: 4,022.02, 4,000.00
Resistance: 4,070.00, 4,120.22
What it said to watch
H1 close below 4022 confirms a lower low, exposing the 4000 range floor
Reclaim of EMA20 near 4070 would neutralise the lower-high sequence
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read via USD
16:02 UTC
Pullback within range, momentum down off the peak · RSI 44 · price 4,044.21
Lower highs since Thursday's 4120 spike.
Gold spiked to the 4120 week high Thursday as a suspected yen intervention hammered the USD, then reversed and has been carving lower highs into the NY session Friday. Price trades below EMA20 and EMA50 with RSI in the mid-40s after tagging the 4022 swing low and bouncing back toward the range mid. The 4000-4200 range that has held for weeks stays intact; the pullback found buyers at 4022 but has yet to reclaim the 4080 EMA20 zone.
Support: 4,022.00, 4,000.00
Resistance: 4,080.00, 4,120.00
What it said to watch
H1 close back above 4080 EMA20 needed to challenge the 4120 week high
Loss of 4022 swing low exposes the 4000 range floor
ISM Manufacturing PMI Mon 14:00 UTC could redefine the range read
Gold spiked to 4120 Thursday on the suspected Yen-intervention USD slide, then rolled over into a sequence of lower highs as the Dollar rebounded on renewed US-Iran tensions. Price slid back to 4022 in the last NY session before a bounce to 4048, still trading below both EMA(20) and EMA(50). The month-old 4000-4200 range remains intact, with the 4000 floor the next structural test on further weakness.
Support: 4,022.02, 4,000.00
Resistance: 4,080.00, 4,120.22
What it said to watch
H1 close above 4080 breaks the lower-high sequence
Failure to hold 4022 exposes the 4000 range floor
ISM Manufacturing PMI Mon 14:00 UTC could shift this read
15:03 UTC
Downtrend off week highs, in broader range · RSI 43 · price 4,048.27
Rolled over from double top, lower highs into current-day pullback.
Gold spiked to ~4116 Thursday on the softer US GDP print and suspected Yen intervention that crushed the USD, then a second push to 4120 formed a double top before rolling over through Friday. Price has since bled lower along a run of lower highs, printing a swing low at 4022 before bouncing to 4048; it sits below EMA(20) and EMA(50). The month-old 4000–4200 range still frames the tape, with 4073 the nearest prior high capping the current bounce.
Support: 4,022.00, 4,000.00
Resistance: 4,073.00, 4,120.00
What it said to watch
H1 close above 4073 prior high would ease the lower-high sequence
Failure to hold 4022 swing low opens the 4000 range floor
ISM Manufacturing PMI Mon 14:00 UTC (Prices Paid) could shift this read
14:03 UTC
Downtrend, pullback within range · RSI 33 · price 4,027.31
Rejection at 4120, lower highs into NY.
Gold spiked to a 4120 week high Thursday on the softer US GDP and yen-intervention Dollar slide, but has bled lower through the NY session as the USD rebounded on Iran risk and the hawkish-hold Fed, dragging price back to 4027. Price sits below both EMA20 and EMA50 with RSI(14) pressed toward 33, and the 4055 prior low that once held is now overhead. The month-long 4000-4200 cage keeps the range floor at 4000 in focus.
Support: 4,000.00, 3,996.00
Resistance: 4,055.00, 4,075.00, 4,120.00
What it said to watch
H1 close below 4000 opens the week low at 3996 and threatens the range floor
Reclaim of the 4075 ema20 would ease the downside pressure
UoM inflation expectations imminent — a hot print could extend the USD bounce and pressure gold
14:03 UTC
Pullback from week high, momentum down · RSI 33 · price 4,027.31
Retreating toward range floor after Thursday impulse.
Gold spiked to a week high near 4120 on Thursday's USD slide after the GDP miss and soft core PCE, then Friday's Dollar rebound on Iran-inflation risk unwound the move, dragging price back to the 4022-4027 range floor. RSI(14) has cycled down toward 32 and price now sits below both EMA(20) and EMA(50), which have capped every bounce this session. The month-long 4000-4200 cage remains intact with price pressing its lower half.
Support: 4,022.00, 4,000.00, 3,996.00
Resistance: 4,055.00, 4,120.00
What it said to watch
H1 close below 4000 opens the lower range toward 3996 swing low
Reclaim of 4055 prior sup needed to ease the downside pressure
UoM inflation expectations due imminently — a hot 1yr print could extend USD strength and press gold lower
13:03 UTC
Downtrend since Thursday peak · RSI 39 · price 4,039.19
Lower highs, lower lows off 4120.
Gold spiked to 4120 during Thursday's NY session on the softer US GDP/PCE prints and a suspected Yen-intervention USD slide, then rolled over through Friday as the Dollar rebounded on renewed US-Iran tensions. Price has printed a clean series of lower highs since, sliding back under the EMA20 into the 4036-4040 zone. RSI(14) sits near 38 with price pinned below both moving averages, keeping the intraweek move corrective.
Support: 4,036.00, 4,028.00, 4,000.00
Resistance: 4,080.00
What it said to watch
H1 close below 4028 recent lod opens the 4000 range floor
Reclaim of 4080 ema20 needed to challenge the lower-high structure
UoM inflation expectations at 14:00 UTC could shift the USD-gold read
13:03 UTC
Downtrend off Thursday's high · RSI 35 · price 4,039.19
Lower highs, lower lows within weekly range.
Gold spiked toward $4,120 on Thursday as soft US GDP and suspected Yen intervention crushed the Dollar, then rolled over through Friday's sessions as the USD rebounded on Iran tension, pressing price back to $4,039. H1 is carving a steady sequence of lower highs and lower lows below EMA(20), with RSI(14) sub-40 and price now testing the lower end of the weekly $4,000-$4,200 range. The move down is retracing roughly 60% of the earlier impulse off $3,996.
Support: 4,028.00, 4,000.00
Resistance: 4,076.00
What it said to watch
H1 close below 4028 recent lod opens the 4000 range floor
Reclaim of the 4076 ema20 would neutralise the lower-high sequence
UoM inflation expectations and Chicago PMI (14:00 UTC) could shift this read
12:03 UTC
Pullback within range, momentum down · RSI 35 · price 4,053.10
Lower highs off Thursday's peak, testing range base.
Gold spiked to 4120 in Thursday's NY session as suspected Yen intervention slammed the USD and soft US GDP eased hike bets, but that move was USD-driven and has since unwound in an orderly grind lower back to the 4050 range base. Price has traded below EMA(20) and EMA(50) through the current session with each bounce capped by lower highs. RSI(14) sits near 34 as momentum stays offered inside the month-long 4000-4120 band.
Support: 4,050.00, 4,028.00, 4,000.00
Resistance: 4,076.00, 4,120.00
What it said to watch
H1 close below 4050 opens the 4028 week low
Reclaim of the 4076 EMA(20) needed to stall the lower-high sequence
UoM inflation expectations at 14:00 UTC could firm the USD and press this read
Gold spiked to a week high of 4120 into Thursday's NY session as suspected Yen intervention slammed the USD and a soft Q2 GDP print eased Fed-hike bets, but the move was USD-driven and has faded steadily since. Price has carved a series of lower highs off 4120 and is now pressing the 4050 base, back below both EMAs with RSI near 40. Friday's USD rebound above 100.00 on Mideast safe-haven flows is capping the metal inside its month-long 4,000–4,200 range.
Support: 4,050.32, 4,028.48
Resistance: 4,120.22
What it said to watch
H1 close below 4050 opens the 4028 range base
Reclaim of 4110 needed to re-engage the 4120 week high
UoM inflation expectations at 14:00 UTC could shift the USD read
11:03 UTC
Pullback from weekly highs, momentum down · RSI 40 · price 4,053.90
Lower highs since the 4120 peak.
Gold rallied off Wednesday's FOMC low near 3996 to a week high at 4120 through Thursday's NY session, helped by soft Q2 GDP and USD weakness on suspected Yen intervention. Price has since rolled over into a run of lower highs and now sits in the mid-4050s, back below EMA(20) with RSI(14) cycling toward 40. The $4,000-$4,200 range that has held for a month remains the frame.
Support: 4,044.00, 4,028.00, 4,000.00
Resistance: 4,082.00, 4,120.00
What it said to watch
H1 close below 4044 confirms a lower-low and opens the 4028/4000 floor
Reclaim of 4082 (EMA20) needed to challenge the 4108-4120 highs
UoM inflation expectations at 14:00 UTC could shift USD and materially move this read
Gold spiked to a 4120 week high through the NY session as suspected Yen intervention slammed the Dollar and soft Q2 GDP eased hike bets, but the move stalled at a double top near 4118-4120 and has since bled back to the low 4050s. Price now sits below EMA20 and EMA50 with RSI(14) sub-40, and is testing the 61.8% retracement of the 3996-4120 impulse. The month-old 4000-4200 band still frames the tape.
Support: 4,050.00, 4,000.00
Resistance: 4,078.00, 4,120.00
What it said to watch
H1 close below 4050 opens the path back toward the 4000 range floor
Reclaim of 4078 (EMA20) needed to neutralise the lower-high sequence
UoM inflation expectations at 14:00 UTC could reprice USD and shift this read
10:03 UTC
Pullback from week high, momentum down · RSI 37 · price 4,053.39
Lower highs since $4,120 peak.
Gold ran from the $4,000 range floor to a $4,120 week high through the NY session as soft Q2 GDP and suspected JPY intervention pressured the Dollar, but the advance stalled at a double top around $4,116–$4,120 and has since faded ~67 dollars to $4,053. Price has slipped below the H1 EMA(20) with RSI(14) rolling into the mid-30s, printing successive lower highs. The month-old $4,000–$4,200 band still contains the move.
Support: 4,050.30, 4,028.00, 4,000.00
Resistance: 4,085.00, 4,108.00, 4,120.20
What it said to watch
UoM inflation expectations at 14:00 UTC and ECI at 12:30 UTC could materially shift this read
Close below 4050 opens the path to 4028, then the 4000 range floor
Reclaim of 4085 EMA20 would put 4108/4120 back in play
10:02 UTC
Pullback from week high, momentum down · RSI 35 · price 4,053.39
Lower highs since 4120 peak, below EMAs.
Gold rolled over from this week's 4120 high, twin peaks near 4116-4120 capping before a steady slide through the NY session into 4053. The earlier push to 4120 came on the soft Q2 GDP miss and cooler PCE plus USD wobble on suspected Yen intervention, now unwinding with price back below EMA20/EMA50 and RSI depressed near 35. The 4050 round number is holding the first test.
Support: 4,050.00, 4,044.00
Resistance: 4,080.00, 4,120.00
What it said to watch
H1 close below 4044 confirms a lower low, opening the path toward the 4000 range floor
Reclaim of the 4080 ema20 needed to stall the slide
UoM inflation expectations 14:00 UTC could materially shift this read
09:04 UTC
Week uptrend, pulling back · RSI 42 · price 4,062.52
Lower highs off week high, holding above session low.
Gold rallied from the ~4000 floor Thursday to a week high at 4120 into the NY session, then rolled over on softer Q2 GDP and a wobbling Dollar failing to sustain the bid. Price has since drifted back to 4062, slipping below the H1 EMA20 near 4088 as a string of lower highs forms; the 4108 prior high capped the last attempt. The month-old 4000-4200 range stays intact with RSI cooling toward the mid-40s.
Support: 4,054.00, 4,044.00, 4,028.00
Resistance: 4,088.00, 4,108.00, 4,120.00
What it said to watch
H1 close back above 4088 ema20 and 4108 prior high reopens the 4120 week high
Loss of the 4054 session low exposes 4044 swing low then 4028
UoM inflation expectations at 14:00 UTC could shift USD direction and this read
09:03 UTC
Pullback within week-long range · RSI 41 · price 4,062.52
Lower highs off 4120 week high.
Gold rallied into Thursday's NY session to a 4120 week high as soft Q2 GDP and USD weakness on suspected Yen intervention drove the move, but has since faded, printing lower highs and slipping back below EMA20 near 4088. RSI(14) has cooled toward 40 as price returns to the mid-range, with the month-old 4000-4200 band still framing structure. Demand stepped in near 4044 on the current leg lower.
Support: 4,044.00, 4,000.00
Resistance: 4,083.00, 4,120.00
What it said to watch
H1 close back above 4083 would negate the lower-high sequence
Failure to hold 4044 opens the path toward the 4000 range floor
UoM inflation expectations at 14:00 UTC could materially shift this read
Gold spiked into 4116–4120 on Thursday's soft US Q2 GDP and cool core PCE plus suspected Yen intervention hammering the USD, but two attempts at that ceiling stalled into a double top and price has since faded to 4066. It now sits back below EMA20 near the 50% retrace of the week's 3996–4120 impulse, with RSI cooling off toward 42. The broader $4,000–$4,200 range stays intact — this is a pullback within it, not a break.
Support: 4,044.00, 4,000.00
Resistance: 4,108.00, 4,120.00
What it said to watch
H1 close below 4044 confirms a deeper leg toward the 4000 range floor
Reclaim of 4108 reopens the 4120 week high
US ECI 12:30 GMT and UoM sentiment 14:00 GMT could materially shift this read
Gold twice stalled at 4116-4120 into the NY session and has since bled lower, printing a clean sequence of lower highs and slipping back below both EMA20 and EMA50 near 4066. The prior rally to 4110 was USD-led on soft US GDP and cool core PCE rather than a fresh gold bid, and the market remains hemmed inside its broader $4,000-$4,200 range. RSI(14) has cooled toward 40 as the pullback extends.
Support: 4,044.00, 4,000.00
Resistance: 4,090.00, 4,120.00
What it said to watch
H1 close below 4044 confirms a lower-low, opening the path toward the 4000 range floor
Reclaim of the 4090 EMA20 zone would negate the lower-high sequence
US ECI/Chicago PMI/UoM data 12:30-14:00 GMT could shift USD and this read
Gold ran from Monday's ~4027 open up to a 4120 week high through Wednesday-Thursday, powered by soft US Q2 GDP and cool core PCE crushing the USD alongside suspected Yen intervention. Price has since faded through the NY session back to 4076, slipping below EMA(20) with RSI cooling into the mid-40s. The 4110-4120 supply zone capped the move and the broader $4,000-$4,200 range still frames the picture.
Support: 4,044.00, 4,000.00
Resistance: 4,090.00, 4,110.00, 4,120.00
What it said to watch
ECI at 12:30 GMT could reshape the USD read and this move
H1 close back above 4090 EMA20 re-engages the 4110 supply zone
Impulse to 4120 then pullback, holding above EMA50.
Gold ran from the 4000 range floor to a 4120 week high through Thursday's NY session, lifted by softer US Q2 GDP and core PCE plus broad USD weakness. Price has since faded into the 4100-4120 supply zone and slipped back below EMA(20), with RSt(14) cooling toward the mid-40s as the pullback tests the 4072 day low. EMA(50) around 4060 still underpins, keeping the week's up-leg intact for now.
Support: 4,072.00, 4,050.00, 4,000.00
Resistance: 4,108.00, 4,120.00
What it said to watch
H1 close below 4050 confirms a lower-low and opens the 4000 range floor
Reclaim of 4108 supply zone re-exposes the 4120 week high
ECI 12:30 GMT and UoM inflation expectations 14:00 GMT could materially shift this read
Gold opened the week near 4046, sold into a 3996 low around FOMC, then a strong NY rally Thursday drove it to a 4120 week high on softer US GDP/PCE and broad USD selling. Price has since faded to 4075, roughly a 38% retrace of that impulse and back below EMA20, with RSI cooling toward mid-40s. Rejection at 4120 has capped the advance and the market is consolidating above the 4056 swing low.
Support: 4,056.00, 4,046.00
Resistance: 4,090.00, 4,120.00
What it said to watch
H1 close back above 4090 (ema20) reopens the 4120 week high
Loss of 4056 swing low deepens the retrace toward the 4046 weekly open
US ECI, Chicago PMI and UoM sentiment at 12:30-14:00 GMT could shift the USD driver behind this move
06:03 UTC
Pullback after uptrend push · RSI 42 · price 4,075.08
Rolling over from weekly high, back below EMA20.
Gold spiked into Thursday's NY session to a 4120 weekly high as soft US Q2 GDP and cooler core PCE plus suspected Yen intervention hammered the USD, but the move has rolled over into a rounded top and price has slipped back below EMA20. RSI(14) has cooled to the low-40s and the pullback is now stalling around the 38.2% retrace of the week's impulse near 4073. The $4,100-$4,200 supply zone capped the advance, consistent with the range-bound read.
Support: 4,072.00, 4,044.00
Resistance: 4,093.00, 4,120.00
What it said to watch
H1 close below 4072 confirms a lower-low, opening the path toward 4044
Reclaim of the 4093 EMA20 needed to re-engage the week high at 4120
ECI and Chicago PMI at 12:30/13:45 GMT could shift the USD-driven read
Gold rallied off Monday's ~4001 low to tag 4120 during yesterday's NY session, lifted as the USD sank on the soft GDP miss and tame core PCE MoM. Price has since faded back under EMA(20) toward 4080 while holding above EMA(50), with RSI(14) cooling from the highs. The 4110-4120 zone capped two attempts and remains the week's ceiling.
Support: 4,076.15, 4,044.45
Resistance: 4,100.00, 4,120.22
What it said to watch
H1 close below 4076 confirms a lower low, exposing 4056/4044
Reclaim of 4100 reopens the 4120 week high
ECI 12:30 GMT and UoM inflation expectations 14:00 GMT could shift this read
Gold rallied through the NY session to a weekly high at 4120 as the USD sank on the soft Q2 GDP miss and cooling core PCE, plus suspected BoJ intervention. Price has since faded to 4080, slipping below EMA(20) but holding above EMA(50) and the rising higher-low line off Wednesday's 3996 base. The $4,000-$4,200 range read still governs — 4110 acceptance was rejected on this pullback.
Support: 4,074.00, 4,050.00
Resistance: 4,110.00, 4,120.00
What it said to watch
ECI 12:30 GMT and UoM inflation expectations 14:00 GMT could materially shift this read
Acceptance back above 4110 keeps the path toward the 4120 week high open
H1 close below 4074 confirms a lower low and threatens the 4050 swing
04:03 UTC
Range pullback, momentum cooling · RSI 42 · price 4,075.34
Corrective drop from week high, still inside range.
Gold spiked to the 4120 week high through Wednesday's NY session as the soft Q2 GDP miss and suspected Yen-intervention USD selloff lifted bullion off the 4028 low. Price has since rolled over into a corrective pullback, slipping below EMA(20) and stalling near the 4073 (38.2%) fib as RSI cools back toward 40. The broader $4,000-$4,120 range remains intact with the week high capping and the psych 4100 level now overhead.
Support: 4,066.00, 4,043.00, 4,028.00
Resistance: 4,100.00, 4,120.00
What it said to watch
H1 close back above 4100 psych reopens the 4120 week high
Loss of 4066 swing low exposes the 4043 fib 61.8 and 4028 lod
ECI 12:30 UTC, Chicago PMI and UoM sentiment 14:00 UTC could reset this read
Gold ran from the 3996 low up to a 4120 week high through the NY session yesterday, a move driven by USD weakness after the soft Q2 GDP miss and suspected Yen intervention rather than a fresh bullion breakout. Price has since faded back to 4075, slipping under EMA(20) and settling on the 38.2% retrace of that impulse, with RSI(14) cooling toward the mid-40s. The 4108 prior high capped the pullback's first bounce.
Support: 4,044.00, 4,028.00
Resistance: 4,108.00, 4,120.00
What it said to watch
Close below 4044 confirms a deeper retrace toward the 4028 week floor
Reclaim of 4108 reopens the 4120 week high
ECI 12:30, Chicago PMI 13:45 and UoM inflation expectations 14:00 UTC could shift this read
03:03 UTC
Uptrend stalling, pulling back · RSI 44 · price 4,075.51
Rally to week high, now fading off resistance.
Gold rallied off the $4,000 range floor to a week high near 4120 through Thursday's NY session, a move driven by broad USD weakness on the soft Q2 GDP miss and suspected Yen intervention. Price has since faded to 4075, slipping back below EMA(20) with RSI(14) cooling from the highs. Twin rejections at 4116-4120 mark the week's ceiling, keeping the wider $4,000-$4,200 band intact.
Support: 4,028.00, 4,000.00
Resistance: 4,100.00, 4,120.00
What it said to watch
US ECI, Chicago PMI and UoM inflation expectations (12:30-14:00 UTC) could shift the USD-driven read
Close back above 4100 reopens the 4120 week high
Loss of 4056 exposes the 4028 week low and range floor at 4000
Gold spiked through the NY session Thursday off the $4,028 low into $4,120, an FX/rates-driven leg as soft US GDP and suspected Yen intervention hammered the Dollar rather than a fresh gold breakout. Price has since rolled over into a corrective pullback, slipping under EMA(20) toward $4,075 with RSI(14) cooling to the mid-40s. The $4,000-$4,200 band that has framed the whole week still holds.
Support: 4,066.00, 4,044.00, 4,028.00
Resistance: 4,103.00, 4,120.00
What it said to watch
H1 close below 4066 swing low opens 4044 then the 4028 range floor
Reclaim of the 4103 prior high needed to re-engage the week high at 4120
UoM inflation expectations / ECI at 12:30-14:00 UTC could shift the USD-driven read
02:03 UTC
Uptrend, pulling back · RSI 47 · price 4,084.64
Higher highs into 4120, corrective pullback.
Gold rallied off the 3996 week low to a 4120 week high as broad USD weakness — suspected JPY intervention plus a soft US GDP print (1.5% vs 2.1%) — dragged the dollar lower. The push stalled below 4120 and price has since slipped back through EMA(20) to 4084 during the Asia session, an initial correction of the week's impulse. Structure stays constructive above the 4066 swing low, with the wider $4,000-$4,200 range still framing the move.
Support: 4,066.00, 4,044.00, 4,028.00
Resistance: 4,120.00
What it said to watch
H1 close above 4120 opens the path toward the 4150-4200 range top
Failure to hold 4066 exposes 4044 and the 4028 week low
ECI/Chicago PMI/UoM inflation data today (12:30-14:00 UTC) could materially shift this read via the USD
Gold has climbed off Tuesday's 3996 low all week, accelerating through the NY session yesterday to a 4120 week high after suspected Tokyo intervention slammed USD and a soft US GDP print (1.5% vs 2.1%) trimmed Fed hike bets. The move has since stalled at the range top and price is drifting back below EMA(20) toward 4084 with RSI(14) cooling from its highs. The rising sequence of higher lows off 3996 remains intact while 4066 holds.
Support: 4,066.00, 4,044.00
Resistance: 4,100.00, 4,120.00
What it said to watch
H1 close below 4066 breaks the higher-low sequence and exposes 4044
Reclaim of 4100 psych puts the 4120 week high back in play
ECI 12:30, Chicago PMI 13:45 and UoM sentiment/inflation expectations 14:00 UTC could shift the USD-driven read
Gold rallied off the 3996 low into 4120 through Thursday's NY session after the Fed held at 3.50-3.75% and soft PCE/GDP knocked the USD, but the 4108-4120 area has capped every push since. Price is now grinding back toward EMA20 near 4095 with RSI(14) cooling off the highs, consistent with the $4,100 rejection ceiling flagged in the range read. Higher lows off 4028 keep the near-term structure intact while 4066 is the first pullback support below.
Support: 4,066.00, 4,044.00
Resistance: 4,108.00, 4,120.00
What it said to watch
H1 close above 4120 opens the path back toward the range top and CTA trigger zone
Failure to hold 4066 confirms a lower-low and threatens the 4044 swing low
US ECI and UoM inflation expectations at 12:30/14:00 UTC could materially shift this read
Gold rebounded hard off Wednesday's 3996 base into the FOMC hold, running to a 4120 week high before the 4100 range ceiling capped subsequent attempts. Softer PCE and Q2 GDP knocked the USD and cushioned the metal, but hawkish-Fed pricing has kept rallies below 4100 offered — the last NY session faded from 4117 back toward 4094. Price still holds above EMA20 with RSI cycling in the mid-50s.
Support: 4,083.00, 4,044.00
Resistance: 4,100.00, 4,120.00
What it said to watch
Sustained H1 close above 4100 opens the path back to the 4120 week high
Loss of 4083 swing low would confirm a lower-low and pressure toward 4044
US ECI (12:30 UTC) and UoM inflation expectations (14:00 UTC) could shift this read
00:03 UTC
Uptrend, momentum slowing into range top · RSI 61 · price 4,103.27
Higher highs and higher lows, consolidating below week high.
Gold reclaimed the $4,100 ceiling on Thursday's NY-session impulse from ~3996 up to a 4120 week high, driven by a softer USD after the Fed's hawkish hold failed to convince and PCE/GDP undershot. Price has since gone sideways in the low 4100s, holding above EMA(20) with RSI(14) cooling from stretched levels. The $4,100 prior ceiling now sits under price as the range decides direction between 4120 and 4066.
Support: 4,066.00
Resistance: 4,120.00, 4,100.00
What it said to watch
H1 close below 4066 swing low breaks the higher-low structure
Rejection back under the reclaimed 4100 prior ceiling reopens the range low
A push through 4120 week high extends the impulse
ECI and UoM inflation expectations (Fri 12:30/14:00 UTC) could shift the USD read
00:02 UTC
Recovery, momentum flattening near range top · RSI 58 · price 4,103.27
Higher lows this week, capped ~4120.
Gold rallied off Thursday's post-FOMC spike, pushing to the week high at 4120 during NY hours before settling into a tight consolidation just above 4100. Softer July PCE and the Q2 GDP miss knocked the USD and lent the metal a floor, but the 4100 area has repeatedly capped follow-through this week. RSI(14) has cooled from the impulse peak toward the mid-50s as the range narrows.
Support: 4,100.00, 4,066.00
Resistance: 4,120.22
What it said to watch
H1 close above 4120 opens the path toward the 4200 range top
Failure to hold 4100 exposes 4066 and confirms rejection at the ceiling
ECI 12:30 UTC and UoM inflation expectations 14:00 UTC Friday could shift this read