XAUUSD Asia briefing — 2026-09-29

BIAS BEARISH. D1 + H4 + H1 trend alignment, bearish H4/H1 fair value gaps, and RSI(14) oversold at 26.03 drive continuation lower. KEY LEVELS R: 4150, 4200, 4514.11 | S: 4111.80, 4100, 4050 NEWS 🟡 Fed Musallem speech – 11:30 UTC 🟡 Housing Price Index – 13:00 UTC SESSION OUTLOOK Asia session opens with oversold conditions and downtrend intact. Watch 4111.80 support hold; USD drivers later may accelerate or stall moves.

Key Levels

R: 4150.00 · 4200.00 · 4514.11

S: 4111.80 · 4100.00 · 4050.00