XAUUSD London briefing — 2026-08-11

BIAS BULLISH — D1 structure intact, H4 EMA bullish, though H1 neutral and RSI mid-range (58.82) flag caution. KEY LEVELS R: 4400, 4434.78, 4450 | S: 4350, 4300, 3996.32 NEWS 🟡 ADP Employment Change 4-week avg — 12:15 UTC 🔴 NFIB Business Optimism — 10:00 UTC 🔴 Redbook Index YoY — 12:55 UTC SESSION OUTLOOK USD data releases mid-session may test conviction. Watch 4350 hold for bull continuation; break below triggers H1 invalidation.

Key Levels

R: 4400.00 · 4434.79 · 4450.00

S: 4350.00 · 4300.00 · 3996.32