XAUUSD Asia briefing — 2026-08-31

BIAS NEUTRAL — H4 EMA neutral vs. H1 bearish divergence; RSI oversold at 28 but D1 structure lacks directional conviction. Conflicting timeframes warrant patience. KEY LEVELS R: 4500, 4550, 4695.94 | S: 4450, 4400, 4310.61 NEWS 🟡 Chicago PMI (USD) 13:45 UTC 🟡 Dallas Fed Manufacturing Index 14:30 UTC 🟡 3-Month Bill Auction 15:30 UTC SESSION OUTLOOK USD data mid-session may reignite volatility. Watch 4450 hold; rejection favors oversold bounce into 4500 resistance zone.

Key Levels

R: 4500.00 · 4550.00 · 4695.94

S: 4450.00 · 4400.00 · 4310.61