XAUUSD Asia briefing — 2026-05-12

BIAS BULLISH. H1 EMA bullish structure overrides neutral D1; RSI 67.83 shows strength without overkill. KEY LEVELS R: 4765.86, 4800, 4850 | S: 4750, 4700, 4503.72 NEWS 🟡 Fed Williams speech 07:15 UTC 🟡 ADP Employment 12:15 UTC 🟡 NFIB Index 10:00 UTC SESSION OUTLOOK Asia session tests 4765 resistance; USD weakness from Fed speakers supports gold. Watch ADP for intraday momentum shift. PRO UNLOCKS Entry 4758 | SL 4748 | TP1 4778 | TP2 4810 | FVG 4742-4752 | liquidity sweep 4800 | Fib extension 4.236 = 4920

Key Levels

R: 4765.86 · 4800.00 · 4850.00

S: 4750.00 · 4700.00 · 4503.72