XAUUSD London briefing — 2026-09-09

BIAS BEARISH. H4 EMA bearish with price neutral RSI at 4406 — lower timeframe confirms downside lean despite daily structure indecision. KEY LEVELS R: 4450, 4500, 4695.94 | S: 4400, 4350, 4283.21 NEWS 🟡 ADP Employment Change 4-week avg — Wed 12:15 UTC 🔴 MBA Mortgage Applications — Wed 11:00 UTC 🔴 Redbook Index YoY — Wed 12:55 UTC SESSION OUTLOOK Watch 4400 support hold; ADP at 12:15 UTC may trigger USD volatility. Close below 4400 targets 4350.

Key Levels

R: 4450.00 · 4500.00 · 4695.94

S: 4400.00 · 4350.00 · 4283.21