XAUUSD London briefing — 2026-10-16

BIAS BULLISH. D1 + H4 + H1 trend confluence, bullish H4 and H1 fair value gaps, and bullish D1 structure drive conviction despite neutral RSI. KEY LEVELS R: 4200, 4250, 4384.53 | S: 4150, 4100, 4061.73 NEWS 🟡 Export Price Index (MoM/YoY) – 12:30 UTC 🟡 Import Price Index (MoM) – 12:30 UTC SESSION OUTLOOK Watch price reaction at 4200 resistance during London morning. Price Index data may trigger volatility; bias holds if dips stay above 4150 support.

Key Levels

R: 4200.00 · 4250.00 · 4384.53

S: 4150.00 · 4100.00 · 4061.73