XAUUSD New York briefing — 2026-05-12

BIAS BULLISH. D1 structure neutral but price holds above 4691, RSI neutral (47) leaves upside room, H4/H1 divergence resolves via daily framework. KEY LEVELS R: 4700, 4750, 4773.50 | S: 4650, 4600, 4503.72 NEWS 🟡 Redbook Index 12:55 UTC | 🟡 52-Week Bill Auction 15:30 UTC | 🟡 USDA WASDE 16:00 UTC SESSION OUTLOOK Watch 4700 resistance for breakout confirmation. WASDE at 16:00 UTC is primary catalyst; weak USD data favors gold rally continuation into close. PRO UNLOCKS Entry 4695–4702 | SL 4685 | TP1 4725 | TP2 4760 | FVG 4

Key Levels

R: 4700.00 · 4750.00 · 4773.50

S: 4650.00 · 4600.00 · 4503.72