XAUUSD London briefing — 2026-10-01

BIAS BEARISH. D1 structure + H4 EMA + H1 EMA combined vote bearish; H4 fair value gaps confirm downside momentum despite neutral RSI. KEY LEVELS R: 4200, 4250 | S: 4150, 4111.80, 4100 NEWS 🟡 Challenger Job Cuts (Thu 09:30 UTC) 🟡 Initial Jobless Claims (Thu 12:30 UTC) 🟡 Continuing Jobless Claims (Thu 12:30 UTC) SESSION OUTLOOK London opens into bearish structure with job data risk mid-session. Watch 4200 resistance rejection; support holds at 4150.

Key Levels

R: 4200.00 · 4250.00 · 4514.11

S: 4150.00 · 4111.80 · 4100.00