XAUUSD New York briefing — 2026-05-08

BIAS BULLISH. H1 EMA bullish despite D1 neutral; RSI 62 supports upside continuation via hierarchy rule. KEY LEVELS R: 4750, 4800, 4837.40 | S: 4700, 4650, 4503.72 NEWS 🔴 Michigan Consumer Sentiment (Fri 14:00 UTC) 🟡 Michigan Consumer Expectations (Fri 14:00 UTC) 🟡 UoM 1-year Inflation Expectations (Fri 14:00 UTC) SESSION OUTLOOK Michigan data release at 14:00 UTC drives volatility; watch 4750 resistance breakout. USD strength/weakness determines gold direction into close. PRO UNLOCKS Unlock Pro for 4-hour entry targets, exact SL placement, TP zones, FVG liquidity, Fibonacci projections post-data.

Key Levels

R: 4750.00 · 4800.00 · 4837.40

S: 4700.00 · 4650.00 · 4503.72