XAUUSD New York briefing — 2026-08-07

BIAS NEUTRAL. RSI overbought signals pullback risk, yet H4/H1 EMAs bullish and D1 structure uptrend—conflicting signals warrant caution. KEY LEVELS R: 4361.48, 4400, 4450 | S: 4350, 4300, 3983.43 NEWS Baker Hughes Rig Count (17:00 UTC) 🟡 | Consumer Credit (19:00 UTC) 🟡 | CFTC Gold Positions (19:30 UTC) 🟡 SESSION OUTLOOK Watch 4361 resistance test; overbought conditions may trigger profit-taking toward 4350. Monitor USD weakness from macro data.

Key Levels

R: 4361.48 · 4400.00 · 4450.00

S: 4350.00 · 4300.00 · 3983.43