XAUUSD London briefing — 2026-10-30

BIAS BEARISH. D1 + H4 + H1 EMAs aligned bearish; H4 and H1 fair value gaps confirm downside pressure; RSI neutral supports continuation without reversal signal. KEY LEVELS R: 4000, 4050, 4217.47 | S: 3975.83, 3950, 3900 NEWS 🟡 Employment Cost Index (USD) 12:30 UTC 🟡 Chicago PMI (USD) 13:45 UTC 🟡 Fed Daly speech (USD) 16:00 UTC SESSION OUTLOOK USD strength from economic data could extend gold's decline into support. Watch 3975 hold; break triggers acceleration toward 3950.

Key Levels

R: 4000.00 · 4050.00 · 4217.47

S: 3975.83 · 3950.00 · 3900.00