XAUUSD New York briefing — 2026-05-04

BIAS BEARISH. D1 structure confirmed by H4/H1 EMA alignment; RSI 33.37 near oversold supports downside continuation. KEY LEVELS R: 4600, 4650, 4887.93 | S: 4550, 4526.40, 4500 NEWS 🟡 Factory Orders (MoM) 14:00 UTC | 🟡 3M/6M Bill Auctions 15:30 UTC SESSION OUTLOOK Factory Orders could trigger volatility; watch 4550 support hold. Weak USD data may cap downside momentum. PRO UNLOCKS Entry 4545, SL 4575, TP1 4526, TP2 4500 | FVG 4580–4560 | Liquidity sweep 4600R pending.

Key Levels

R: 4600.00 · 4650.00 · 4887.93

S: 4550.00 · 4526.40 · 4500.00