XAUUSD Asia briefing — 2026-10-28

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA combined with bearish H4 fair value gaps drive directional weakness despite neutral RSI. KEY LEVELS R: 4100, 4150, 4225.63 | S: 4050, 4000, 3975.83 NEWS 🟡 MBA Mortgage Applications (Wed 11:00 UTC) 🟡 Goods Trade Balance (Wed 12:30 UTC) 🟡 Wholesale Inventories (Wed 12:30 UTC) SESSION OUTLOOK Asia session opens into bearish trend. Watch 4050 support; USD data at London open may amplify downside momentum.

Key Levels

R: 4100.00 · 4150.00 · 4225.62

S: 4050.00 · 4000.00 · 3975.83