XAUUSD Asia briefing — 2026-08-05

BIAS BEARISH. H1 bullish EMA conflicts with H4 neutral and D1 neutral structure; RSI mid-range (54.27) offers no directional conviction. Bearish bias leans on rejection setup into 4100 resistance. KEY LEVELS R: 4100, 4150, 4165.68 | S: 4050, 4000, 3961.81 NEWS 🔴 ADP Employment Change 12:15 UTC 🟡 S&P Global Composite PMI 13:45 UTC 🔴 MBA Mortgage Applications 11:00 UTC SESSION OUTLOOK Watch ADP reaction near 4100 resistance. Strong USD from employment data could accelerate gold weakness toward 4050 support.

Key Levels

R: 4100.00 · 4150.00 · 4165.68

S: 4050.00 · 4000.00 · 3961.81