XAUUSD Asia briefing — 2026-09-28

BIAS BEARISH. Trend vote (D1+H4+H1 EMAs) combined with bearish fair value gaps on both H4 and H1 timeframes drive conviction. KEY LEVELS R: 4300, 4350 | S: 4250, 4238.37, 4200 NEWS 🟡 Dallas Fed Manufacturing Index (Mon 14:30 UTC) 🟡 3M/6M Bill Auctions (Mon 15:30 UTC) SESSION OUTLOOK Asia session sets tone into US data. Watch 4300 resistance rejection; break below 4250 confirms downside momentum.

Key Levels

R: 4300.00 · 4350.00 · 4514.11

S: 4250.00 · 4238.37 · 4200.00