XAUUSD New York briefing — 2026-07-31

BIAS BEARISH. H4 EMA bearish, RSI neutral at 45.51, D1 structure neutral—hourly timeframe offers no resistance to the 4-hour downtrend. KEY LEVELS R: 4050, 4100, 4165.68 | S: 4000, 3961.81, 3950 NEWS 🟡 Chicago PMI (13:45 UTC) 🟡 Michigan Consumer Sentiment (14:00 UTC) 🟡 Michigan Consumer Expectations (14:00 UTC) SESSION OUTLOOK USD data cluster at 14:00 UTC may trigger volatility. Watch 4050 resistance; break below 4000 extends bearish structure.

Key Levels

R: 4050.00 · 4100.00 · 4165.68

S: 4000.00 · 3961.81 · 3950.00