XAUUSD Asia briefing — 2026-08-19

BIAS BEARISH — D1 structure bearish, H1 EMA bearish, RSI(14) 36.08 neutral-to-oversold supports downside continuation toward support cluster. KEY LEVELS R: 4350, 4400, 4449.78 | S: 4300, 4250, 4021.07 NEWS 🟡 MBA Mortgage Applications Wed 11:00 UTC (Low) 🟡 EIA Crude Oil Stocks Wed 14:30 UTC (Low) 🟡 EIA Distillate Stocks Wed 14:30 UTC (Low) SESSION OUTLOOK Asia session likely consolidates 4300–4350 ahead of US data. Watch H1 closes below 4330 for breakdown acceleration toward 4250.

Key Levels

R: 4350.00 · 4400.00 · 4449.78

S: 4300.00 · 4250.00 · 4021.07