XAUUSD London briefing — 2026-05-29

BIAS BEARISH. D1 structure neutral, but H4 and H1 divergence with RSI at 54.97 (neutral zone) suggests weakness into resistance. KEY LEVELS R: 4550, 4600, 4773.50 | S: 4500, 4450, 4367.19 NEWS 🟡 Fed's Schmid speech 10:50 UTC 🟡 Goods Trade Balance 12:30 UTC 🟡 Wholesale Inventories 12:30 UTC SESSION OUTLOOK Watch Schmid speech for USD directional cues. Gold likely pressured if hawkish tone emerges; support at 4500 critical. PRO UNLOCKS Exact entry zones, stop placement, TP targets, FVG levels, liquidity sweeps — unlock with Pro subscription.

Key Levels

R: 4550.00 · 4600.00 · 4773.50

S: 4500.00 · 4450.00 · 4367.19