XAUUSD London briefing — 2026-06-03

BIAS BEARISH. H4 and H1 EMAs aligned downward; RSI neutral at 34.16 avoids oversold confirmation, but structure permits continuation toward support. KEY LEVELS R: 4500, 4550, 4664.83 | S: 4450, 4400, 4367.19 NEWS 🔴 ADP Employment Change, 12:15 UTC 🟡 Fed Barr speech, 13:00 UTC 🟡 MBA Mortgage Applications, 11:00 UTC SESSION OUTLOOK ADP and Fed commentary may trigger volatility. Watch 4450 hold; break below confirms bearish structure into London afternoon. PRO UNLOCKS Exact entries, stops, targets, FVG zones, liquidity sweeps — unlock with Pro subscription.

Key Levels

R: 4500.00 · 4550.00 · 4664.83

S: 4450.00 · 4400.00 · 4367.19