XAUUSD New York briefing — 2026-09-25

BIAS BEARISH. D1 + H4 EMA + H1 EMA combined vote bearish; H4 fair value gaps confirm downside pressure despite H1 bullish FVGs. KEY LEVELS R: 4350, 4400, 4514.11 | S: 4300, 4250, 4238.37 NEWS 🟡 Durable Goods Orders (USD) — Fri 12:30 UTC 🟡 Durable Goods Orders ex Defense — Fri 12:30 UTC 🟡 Durable Goods Orders ex Transportation — Fri 12:30 UTC SESSION OUTLOOK Watch durable goods data at 12:30 UTC for USD strength confirmation. H4 bearish structure targets support zones; monitor H1 bullish FVG for potential pullback resistance.

Key Levels

R: 4350.00 · 4400.00 · 4514.11

S: 4300.00 · 4250.00 · 4238.37