XAUUSD Asia briefing — 2026-06-01

BIAS BEARISH. D1 structure neutral, but H4/H1 divergence + RSI at 54 (approaching overbought rejection) signals downside pressure from resistance. KEY LEVELS R: 4550, 4600, 4726.44 | S: 4500, 4450, 4367.19 NEWS 🔴 Fed Powell speech Mon 00:30 UTC | 🟡 S&P Manufacturing PMI Mon 13:45 UTC | 🟡 Construction Spending Mon 14:00 UTC SESSION OUTLOOK Powell's hawkish tone could spike USD, pressuring gold into 4500. Watch Asia's early reaction; liquidation likely if RSI breaks below 50. PRO UNLOCKS Entry 4528, SL 4560, TP1 4485, TP2 4450, FVG 4515–4522, weekly support sweep — unlock with

Key Levels

R: 4550.00 · 4600.00 · 4726.44

S: 4500.00 · 4450.00 · 4367.19