XAUUSD Asia briefing — 2026-10-21

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downtrend; H1 FVG bearish; RSI neutral supports continuation. KEY LEVELS R: 4150, 4200, 4316.81 | S: 4100, 4066.06, 4050 NEWS 🟡 MBA Mortgage Applications 11:00 UTC | 🟡 EIA Crude Oil Stocks 14:30 UTC | 🟡 EIA Distillate Stocks 14:30 UTC SESSION OUTLOOK Asia session tests support structure. H4 bullish FVGs conflict downtrend; watch for liquidity harvesting around 4100 before continuation lower.

Key Levels

R: 4150.00 · 4200.00 · 4316.81

S: 4100.00 · 4066.06 · 4050.00