XAUUSD Asia briefing — 2026-08-07

BIAS BULLISH. H4 and H1 EMAs aligned bullish; D1 structure uptrend; RSI at 68 (overbought zone but not confirmation of reversal yet). KEY LEVELS R: 4250, 4300, 4304 | S: 4200, 4150, 3983 NEWS 🔴 Average Hourly Earnings MoM/YoY (USD) – Fri 12:30 UTC 🟡 Average Weekly Hours (USD) – Fri 12:30 UTC SESSION OUTLOOK US jobs data hits during Asia; watch for USD strength reaction. Gold may consolidate near 4250 resistance ahead of data volatility.

Key Levels

R: 4250.00 · 4300.00 · 4304.07

S: 4200.00 · 4150.00 · 3983.43