XAUUSD New York briefing — 2026-05-21

BIAS BEARISH — D1 structure, H4 and H1 EMAs aligned downside; RSI neutral prevents extremes. KEY LEVELS R: 4550, 4600, 4773.50 | S: 4500, 4454.14, 4450 NEWS 🔴 S&P Global Manufacturing PMI (USD) — Thu 21 May 13:45 UTC 🔴 S&P Global Services PMI (USD) — Thu 21 May 13:45 UTC 🟡 S&P Global Composite PMI (USD) — Thu 21 May 13:45 UTC SESSION OUTLOOK PMI data triggers volatility; weak prints accelerate lower. Watch 4500 support—break opens 4454.14 target. PRO UNLOCKS Entry 4505, SL 4525, TP1 4480, TP2 4450

Key Levels

R: 4550.00 · 4600.00 · 4773.50

S: 4500.00 · 4454.14 · 4450.00