XAUUSD London briefing — 2026-10-22

BIAS BEARISH. Combined D1 trend + aligned H4/H1 EMAs + bearish FVGs on both H4 and H1 confirm downward pressure. KEY LEVELS R: 4100, 4150, 4316.81 | S: 4066.06, 4050, 4000 NEWS 🟡 Initial Jobless Claims (USD) 12:30 UTC 🟡 Continuing Jobless Claims (USD) 12:30 UTC SESSION OUTLOOK Initial jobless data risks volatility around London midday. Watch 4100 resistance for rejection into support targets.

Key Levels

R: 4100.00 · 4150.00 · 4316.81

S: 4066.06 · 4050.00 · 4000.00