XAUUSD Asia briefing — 2026-08-04

BIAS BEARISH. H4 EMA bearish, RSI neutral at 50, D1 structure neutral—divergence between timeframes favors downside bias with caution. KEY LEVELS R: 4100, 4150, 4165.68 | S: 4050, 4000, 3961.81 NEWS 🟡 Goods & Services Trade Balance (USD) — 12:30 UTC 🟡 Goods Trade Balance (USD) — 12:30 UTC 🟡 Redbook Index YoY (USD) — 12:55 UTC SESSION OUTLOOK Asia session quiet; risk flows into US data releases. Watch 4050 hold; weakness below opens 4000 liquidity zone.

Key Levels

R: 4100.00 · 4150.00 · 4165.68

S: 4050.00 · 4000.00 · 3961.81