XAUUSD London briefing — 2026-08-17

BIAS BULLISH. H1/H4 EMAs aligned uptrend; RSI 62 neutral supports continuation without overextension; D1 structure neutral but intraday momentum intact. KEY LEVELS R: 4449.78, 4450, 4500 | S: 4400, 4350, 3996.32 NEWS 🟡 Empire State Manufacturing (12:30 UTC) 🟡 NAHB Housing Index (14:00 UTC) 🟡 3-Month Bill Auction (15:30 UTC) SESSION OUTLOOK London opens with intraday bullish setup. Watch 4449.78 resistance; USD data mid-session may trigger volatility spikes.

Key Levels

R: 4449.78 · 4450.00 · 4500.00

S: 4400.00 · 4350.00 · 3996.32