XAUUSD London briefing — 2026-07-29

BIAS NEUTRAL — H4 bearish EMA conflicts with bullish bias; RSI neutral at 47.15; daily structure bearish. No clear directional edge. KEY LEVELS R: 4050, 4100, 4165.68 | S: 4000, 3961.81, 3950 NEWS 🔴 Fed Interest Rate Decision — Wed 29 Jul, 18:00 UTC SESSION OUTLOOK MBA data and crude stocks precede Fed decision. Expect volatility into 18:00 UTC; price may test 4050 resistance ahead of rate call. PRO UNLOCKS Entry targets, SL placement, TP1/TP2, FVG zones, liquidity sweeps, Fibonacci extensions — unlock with Pro.

Key Levels

R: 4050.00 · 4100.00 · 4165.68

S: 4000.00 · 3961.81 · 3950.00