XAUUSD London briefing — 2026-07-01

BIAS BEARISH. EMA alignment (H4/H1) + D1 structure confirm downtrend; RSI oversold at 28.53 offers bounce risk but doesn't negate selling pressure. KEY LEVELS R: 4000, 4050 | S: 3950, 3949.45, 3900 NEWS 🔴 ADP Employment (12:15 UTC) 🔴 Fed Chair Warsh Speech (13:00 UTC) 🟡 MBA Mortgage Apps (11:00 UTC) SESSION OUTLOOK ADP and Warsh speech drive USD volatility. Watch 4000 rejection; dips toward 3950 likely on USD strength. Oversold bounce possible pre-data. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets → unlock with Pro

Key Levels

R: 4000.00 · 4050.00 · 4383.62

S: 3950.00 · 3949.45 · 3900.00