XAUUSD London briefing — 2026-07-07

BIAS BEARISH. H4 EMA bearish, RSI neutral at 41.85, daily structure neutral—timeframe conflict resolved by H4 downtrend dominance. KEY LEVELS R: 4150, 4200, 4329.94 | S: 4100, 4050, 3949.44 NEWS 🟡 ADP Employment (Tue 12:15 UTC) 🟡 Goods Trade Balance (Tue 12:30 UTC) SESSION OUTLOOK Watch ADP print for USD strength catalyst. Gold near 4126—if 4150 breaks, momentum shifts bullish. RSI below 50 keeps bears in control. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweep points, Fibonacci ratios—unlock with Pro.

Key Levels

R: 4150.00 · 4200.00 · 4329.94

S: 4100.00 · 4050.00 · 3949.45