XAUUSD London briefing — 2026-09-11

BIAS NEUTRAL — Bullish label conflicts with bearish H1/H4 EMAs and RSI at 41 (undersold but not confirming upside yet); D1 structure lacks conviction. KEY LEVELS R: 4350, 4400, 4695.94 | S: 4300, 4283.21, 4250 NEWS 🔴 CPI MoM (USD) 12:30 UTC 🔴 CPI YoY (USD) 12:30 UTC 🟡 CPI Core s.a (USD) 12:30 UTC SESSION OUTLOOK US CPI data at London open will dictate direction; watch for USD reaction. Gold likely sideways until print; then volatility spike probable.

Key Levels

R: 4350.00 · 4400.00 · 4695.94

S: 4300.00 · 4283.21 · 4250.00