XAUUSD London briefing — 2026-07-22

BIAS BULLISH. H1 uptrend intact; RSI overbought warns pullback risk, but H4 neutral + D1 neutral signal limited downside conviction. Price holding 4119.91 suggests strength. KEY LEVELS R: 4150, 4200, 4202.04 | S: 4100, 4050, 3961.81 NEWS 🟡 MBA Mortgage Applications 11:00 UTC 🟡 EIA Crude Oil Stocks 14:30 UTC 🟡 20-Year Bond Auction 17:00 UTC SESSION OUTLOOK London open may see consolidation near 4100 support. Watch 4150 resistance; break signals extension. Low-impact data keeps focus on technical structure. PRO UNLOCKS Entry zones, SL placement, TP cascades, FVG targets, sweep liquidity patterns — Pro members access full rules-based setup.

Key Levels

R: 4150.00 · 4200.00 · 4202.03

S: 4100.00 · 4050.00 · 3961.81