XAUUSD Asia briefing — 2026-08-12

BIAS BULLISH. H1/H4 EMAs aligned bullish, D1 structure confirms uptrend; RSI at 58 provides room before overbought. KEY LEVELS R: 4400, 4434.78, 4450 | S: 4350, 4300, 3996.32 NEWS 🔴 CPI MoM/YoY (Wed 12:30 UTC) — USD strength risk tilts gold lower. 🟡 MBA Mortgage Apps (Wed 11:00 UTC) — minor impact. SESSION OUTLOOK Asia opens with bullish structure intact. CPI print later may trigger volatility; watch 4400 resistance for conviction.

Key Levels

R: 4400.00 · 4434.79 · 4450.00

S: 4350.00 · 4300.00 · 3996.32