XAUUSD London briefing — 2026-09-21

BIAS BEARISH. D1 trend, H4 EMA, and H1 FVG confluence drive selling pressure despite neutral RSI and bullish H4 gaps. KEY LEVELS R: 4350, 4400, 4514.11 | S: 4300, 4250, 4238.37 NEWS 🟡 Goolsbee speech 10:30 UTC | 🟡 Chicago Fed Activity 12:30 UTC | 🟡 3M Bill Auction 15:30 UTC SESSION OUTLOOK Watch for USD strength via Goolsbee remarks pressuring gold lower toward 4300. H1 bearish FVG offers downside structure if resistance holds.

Key Levels

R: 4350.00 · 4400.00 · 4514.11

S: 4300.00 · 4250.00 · 4238.37