Market Overview

Yen steady and euro rangebound ahead of BoJ inflation gauges and Lagarde remarks
Market Recap XAUUSD+ Gold (XAUUSD) traversed a 120.93-point session on Monday, reaching a 5- and 10-day high at 5111.06 at 08:51 before fading to a late low at 4990.13 at 23:36, and settling at 5008.49. The close was up 2.51 from the open of 5005.98, a gain of 0.05%, with the day’s range amounting to 2.42% of the open. Price action…
Sterling climbs and gold firms while equities soften before Chinese credit data
Market Recap XAUUSD XAUUSD finished the 23 Jan session near its highs, closing at 4,988.09, a gain of 45.85 points or 0.93% from the 01:00 open at 4,942.24. Price action first extended lower, touching 4,899.82 at 11:29 and briefly probing the 4,900 handle, before reversing to print the day’s high at 4,989.76 at 21:54. The intraday range measured 89.94 points, equal to 1.82%…
Yen in focus before BoJ and CPI as gold advances
Market Recap XAUUSD+ XAUUSD finished higher on Thursday, closing at 4936.26 after a session high of 4940.78 at 23:45 and a low of 4772.36 at 03:04. From an open at 4832.06, the contract gained 104.2 points, a 2.156% rise, with intraday range spanning 168.42, or 3.49% of the opening level. Price traded below the 4800 handle early in the session before…
Risk tone improves with Dow and gold firmer before US PCE and claims
Market Recap XAUUSD XAUUSD finished the session at 4828.95, up 64.45 or 1.353% from the 4764.5 open, with an intraday span of 132.66 points, equal to 2.78% of the opening level. Price set the high at 4888.37 at 08:27 and later printed the low at 4755.71 at 21:51, a high-before-low sequence that left the close slightly above the day’s midpoint and below…
Gold climbs as dollar softens with focus on ECB and BoE commentary
Market Recap XAUUSD XAUUSD closed at 4763.28 on Tuesday, up 90.57 or 1.94% for the session, after an intraday range of 106.78, equivalent to 2.29% of the opening level. The day began at 4672.71 and first extended lower to 4659.54 at 02:29, remaining above the 4600 round-number area, before turning higher and reaching the session peak at 4766.32 at 21:19. The…
