Market Recap
XAUUSD
XAUUSD opened Monday’s session at 5302.04 and extended higher into the morning, pushing through the 5410 handle to register a 10‑day and 5‑day high at 5419.28 at 09:20. The advance gave way to a broad intraday pullback that carried price below 5300, marking the session low at 5260.89 at 18:02, before a late rebound into the close at 5322.43. The metal finished up 20.39 on the day, a 0.385% gain, with the close sitting modestly above the open and in the lower portion of the session’s range. The intraday span measured 158.39 points, equal to 2.99% of the opening level. Price action was bookended by a morning test above 5400 and an evening print under 5300, with the settlement near the 5300 round number (nearest 100‑handle 5300.0). The high coincided with the current 10‑day extreme at 5419.28, while the session’s 10‑handle reference was centered on 5410. On higher timeframes, spot remains positioned above the daily 50‑day simple moving average at 4836.21 and above the daily lower Bollinger Band at 4770.68. By the close, the market had retraced a substantial portion of the morning’s gains yet preserved a positive day‑over‑day change, leaving the close below the session midpoint and well off the 09:20 peak. The sequence featured an early rally to a fresh multi‑day high, a steady decline into the evening trough, and a partial recovery into the final prints.
DJ30
DJ30 posted a session gain, closing at 48905.0, up 461.0 points or 0.952% from the open, after trading a 953.3-point intraday range that spanned 1.97% of the opening level. The market opened at 48444.0 and pushed lower into the morning, setting the session trough at 48148.15 at 10:29, which also marked fresh 5‑day and 10‑day lows. It then advanced through the afternoon and evening to record the day’s peak at 49101.45 at 21:37, printing around the 49100 handle, before settling closer to the top of the day’s range than the bottom. The close left it 196.5 points below the high and 756.9 above the low, and finished 5 points above the 48900 handle. Structurally, price moved from an early downside extension to a late-session high, with the close holding in the upper segment of the range rather than at extremes. On higher timeframes, the instrument ended the session below the H4 21‑EMA at 48965.08 and below the D1 20‑SMA at 49454.89. The recent 5‑day high stands at 49867.41, setting a wider context above the day’s action. The session high aligned with a round 100‑point increment, and the settlement level also referenced a round-hundred marker, while the intraday low set the current multi‑day floor. No additional indicators or volatility measures were referenced, and tick volumes were not provided.
Economic Calendar Recap & Preview
US manufacturing signaled steady expansion over the past day, though momentum softened marginally: S&P Global Manufacturing PMI printed 51.6, while ISM Manufacturing PMI eased to 52.4 from 52.6 previously and below the 53.0 consensus, with both measures remaining above the 50 threshold that separates contraction from growth. Looking ahead to the next 24 hours, attention centers on euro area inflation and the UK fiscal update. At 12:00 server time, euro area CPI is expected to rise to 1.8 percent year over year after 1.7 percent; if the reading exceeds expectations, tightening expectations may firm. Also at 12:00, the UK Spring Forecast Statement will be published, setting out updated tax, spending, and borrowing plans that can influence the gilt remit, debt issuance profiles, and the near-term growth and inflation mix. Given the simultaneous timing and the policy sensitivity of both releases, brief volatility around the release window is possible, particularly in EUR and GBP rates and foreign exchange.