XAUUSD New York briefing — 2026-09-23

BIAS BEARISH. Trend vote across D1, H4, and H1 EMAs combined with bearish H1 fair value gaps drive downside conviction despite neutral RSI. KEY LEVELS R: 4350, 4400, 4514.11 | S: 4300, 4250, 4238.37 NEWS 🔴 S&P Global Manufacturing PMI (USD) — Wed 13:45 UTC 🔴 S&P Global Services PMI (USD) — Wed 13:45 UTC 🟡 S&P Global Composite PMI (USD) — Wed 13:45 UTC SESSION OUTLOOK High-impact PMI data may trigger volatility. Watch 4300 hold as initial support; breach opens path to 4250.

Key Levels

R: 4350.00 · 4400.00 · 4514.11

S: 4300.00 · 4250.00 · 4238.37