XAUUSD London briefing — 2026-06-12

BIAS BEARISH. Daily structure bearish; H4 EMA confirms downside, though H1 neutral and RSI(14) 44.65 lacks conviction. Divergence between timeframes warns caution. KEY LEVELS R: 4200, 4250 | S: 4150, 4100, 4023.50 NEWS 🔴 Michigan Consumer Sentiment Index — Fri 12 Jun 14:00 UTC 🟡 Michigan Consumer Expectations Index — Fri 12 Jun 14:00 UTC 🟡 UoM 1-year Inflation Expectations — Fri 12 Jun 14:00 UTC SESSION OUTLOOK Sentiment data may spike volatility near London close. Watch reaction at 4200 resistance; break below 4150 validates bearish daily bias. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones,

Key Levels

R: 4200.00 · 4250.00 · 4594.65

S: 4150.00 · 4100.00 · 4023.50