XAUUSD Asia briefing — 2026-08-28

BIAS BULLISH. H4 EMA bullish supports upside bias, though H1 neutral and RSI 47.72 suggest caution before 4600 resistance. KEY LEVELS R: 4600, 4650, 4695.94 | S: 4550, 4500, 4310.61 NEWS 🔴 Fed Chair Warsh speech (Fri 14:00 UTC) 🟡 Chicago PMI (Fri 13:45 UTC) 🟡 Michigan Consumer Expectations (Fri 14:00 UTC) SESSION OUTLOOK Asia consolidates; USD strength from Fed speech may cap gold. Watch 4600 resistance for breakdown signals or continuation setup into London.

Key Levels

R: 4600.00 · 4650.00 · 4695.94

S: 4550.00 · 4500.00 · 4310.61