XAUUSD London briefing — 2026-08-25

BIAS NEUTRAL — EMAs bullish H4/H1 and D1 structure conflict with declared bearish bias; RSI neutral at 58.82 offers no conviction. Conflicting timeframe alignment requires price action confirmation before directional commitment. KEY LEVELS R: 4650, 4695.94, 4700 | S: 4600, 4550, 4224.23 NEWS 🟡 ADP Employment Change (12:15 UTC) 🟡 Housing Price Index (13:00 UTC) 🟡 Redbook Index (12:55 UTC) SESSION OUTLOOK London opens into medium-impact US data. Watch price action around 4650 resistance; breaks above confirm bull continuation, while closes below 4600 support validate bearish reversal.

Key Levels

R: 4650.00 · 4695.94 · 4700.00

S: 4600.00 · 4550.00 · 4224.23